DEADLINE: 24TH JULY, 2023
NIGER DELTA POWER HOLDING COMPANY LIMITED (NDPHC)
INVITATION FOR PRE-QUALIFICATION FOR THE PROVISION OF SERVICES AS INSURANCE UNDERWRITERS
1.0 INTRODUCTION
The Niger Delta Power Holding Company Limited (NDPHC), a holding company for the National Integrated Power Project in compliance with the Public Procurement Act (PPA) 2007, hereby invites reputable and interested Companies with requisite expertise and experience to submit pre-qualification documents for the provision of services as Insurance Underwriters.
SERVICE
Prequalification as an Insurer (Underwriter) to Provide Insurance Coverage for the following policies:
Lot 1: Plant All Risk
Lot 2: Fire & Burglary
Lot 3: Marine
Lot 4: Comprehensive Motor Insurance
Lot 5: Group Life Assurance
2.0 ELIGIBILITY REQUIREMENTS
Prospective bidders should submit the following documents:
a. Evidence of Certificate of Incorporation issued by the Corporate Affairs Commission (CAC) including Form CAC, or CAC, and CAC,;
b. Evidence of Company’s Income Tax Clearance Certificate for the last three (3) years valid till 31 December, 2023;
c. Evidence of Pension Clearance Certificate valid till 31 December, 2023 (this requirement is only applicable to bidders whose number of staff is 15 and above);
d. Evidence of Industrial Training Fund (ITF) Compliance Certificate valid till 31 December, 2023 (this requirement is only applicable to bidders whose number of staff is 5 and above or the bidder’s annual turnover is N50m and above);
e. Evidence of Nigeria Social Insurance Trust Fund (NSITF) Clearance Certificate valid till 31 December, 2023;
f. Evidence of Registration on the National Database of Federal Contractors,
Consultants and Service Providers by submission of Interim Registration Report (IRR) expiring on 31/12/2023 or valid Certificate issued by BPP.
g. Sworn Affidavit:
- disclosing whether or not any officer of the relevant committees of the Niger Delta Power Holding Company Limited or the Bureau of Public Procurement is a former or present Director, shareholder or has any pecuniary interest in the bidder and to confirm that all information presented in its bid are true and correct in all particulars;
- that no Director has been convicted in any Country for any criminal offence relating to fraud or financial impropriety or criminal misrepresentation or falsification of facts relating to any matter;
- that the Company is not in receivership, the subject of any form of insolvency or bankruptcy proceedings or the subject of any form of winding up petition or proceedings;
h. Certified True Copy of Operational Licence issued by NAICOM;
i. Valid and adequate re-insurance Treaty arrangement;
j. Certified True Copy of Audited Accounts for the last three (3) years – 2020, 2021 & 2022 approved by NAICOM;
k. Reference Letter from a reputable Commercial Bank in Nigeria, indicating willingness to provide credit facility for the execution of the project when needed;
l. Company’s Profile of the technical and management staff of the company with their C.Vs, qualifications and insurance working experience;
m. Verifiable documentary evidence of at least three (3) similar jobs (in size, nature & complexity) executed in the last five (5) years including Letters of Awards, Valuation Certificates, Job Completion Certificates and Photographs of the projects;
n. List of Plants/Equipment with proof of Ownership/Lease Agreement;
o. For Joint Venture/Partnership, Memorandum of Understanding (MoU) should be provided (CAC, Tax Clearance Certificate, Pension Clearance Certificate, ITF Compliance Certificate, NSITF Clearance Certificate, IRR & Sworn Affidavit are compulsory for each JV partner)
p. All documents for submission must be transmitted with a Covering/Forwarding letter under the Company/Firm’s Letter Head Paper bearing amongst others, the Registration Number (RC) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.), and e-mail address. The Letterhead Paper must bear the Names and Nationalities of the Directors of the Company at the bottom of the page, duly signed by the authorised officer of the firm.
Failure to submit all the documents stated above shall lead to the disqualification of the Bid.
All interested insurance underwriters seeking to be considered must satisfy as a minimum, the following conditions:
a) Have a minimum paid up capital as approved by NAICOM for the different classes of insurance.
b) Have verifiable full-time employees with cognate experience in all classes of insurance.
c) Must have verifiable locational addresses in Nigeria.
d) Insurance companies (underwriters) must satisfy the margin of solvency requirement as prescribed by the Insurance Act 2003.
e) A statement signed by the company’s CEO of its staff strength and location addresses.
3.0 SUBMISSION OF PRE-QUALIFICATION DOCUMENTS
Interested firms are to submit three (3) bound of pre-qualification documents separated by dividers and arranged as indicated above. The documents should be submitted in a sealed envelope and addressed as stated below and clearly marked with the name of the project and Lot number.
Furthermore, the reverse of each sealed envelope should have the name and address of the bidder and drop in the designated Tender Box not later than 12:00 noon Monday, 24th July, 2023. All submissions should be addressed to:
Secretary, NDPHC Tenders Board
Niger Delta Power Holding Company, 1490 Samuel Ademulegun Street,
Central Business District, Abuja.
4.0 OPENING OF PRE-QUALIFICATION DOCUMENTS
The pre-qualification documents will be opened immediately after the deadline for submission at 12:00 noon Monday, 24th July, 2023.
Bidders/Company’s representatives and interested members of the public including relevant professional bodies, Civil Society, and Non-Governmental Organizations (NGOs) are hereby invited to witness the public opening of technical bids.
5.0 NOTATION
i. All submissions must be made only in English Language;
ii. The documents should be arranged in the order listed at above and clearly separated by dividers;
iii. Certificates shall be referred to the respective issuing authority for verification and authentication;
iii. This advertisement should not be construed as a commitment or obligation on the part of NDPHC to award these contracts;
iv. The pre-qualification documents will be opened in the presence of CSOs and Professional bodies and covered by video recording; invitation link will be sent to bidder who chooses to join the bid opening online;
v. Only pre-qualified bidders at technical evaluation will be invited at a later date for collection of tender documents;
vi. Niger Delta Power Holding Company Limited is not bound to pre-qualify any bidder and reserves the right to annul the Procurement process at any time without incurring any liabilities in accordance with Section 28 of the Public Procurement Act, 2007;
This advertisement is approved on the condition that the procurements in this advertisement are contained in the Entity’s 2023 Approved Procurement Plan.
Further clarification on the advertisement should be directed to the Procurement Department, 6th Floor, NDPHC Corporate Headquarters, Plot 1490 Samuel Ademulegun Street, Central Business District, Abuja or by email via proc@ndphc.net
Signed
MANAGEMENT
NIGER DELTA POWER HOLDING COMPANY LIMITED
