Re: Criteria For Appointment of Insurance Companies/Brokers (Addendum) at Central Bank of Nigeria
Central Bank of Nigeria
Re: Criteria For Appointment of Insurance Companies/Brokers
Addendum
This is to inform the General Public that the Central Bank of Nigeria advertisement in respect of the above project is amended:
The Central Bank of Nigeria is in the process of appointing Underwriters/Brokers to provide professional services in the area of insurance relating to liabilities/Assets/Staff. Competent companies are hereby invited to submit the following documents
Mandatory Requirement:
- Certified True Copy of Certificate of Incorporation
- Certified True Copy of Memorandum & Article of Association
- Copy of Forms C02 & C07
- Evidence of Registration with NAICOM
- Certified True Copy of Tax Clearance Certificate for the last three years
- Certified True Copy of three years Company’s Annual Returns to CAC
- Certificate of Compliance with PENCOM
- Audited Accounts for the past three years certified by NAICOM
- Evidence of VAT Registration and Remittances
- Evidence of ITF Registration and Remittances
- Evidence of NSITF Registration
- RAYE and Evidence of Remittances
- Comprehensive Company Profile including Ownership Structure, Management Team, Technical/Other Staff, Registered Addresses/Other Contact Details
- Evidence of Technical Competence and Relevant Experiences in Similar Projects
- Evidence of Financial Capacity and Banking Support
- A Statement of Declaration or Affidavit attesting to the fact that none of the bidder’s company Directors/Principal Officers has ever been convicted for any criminal offences/confirmation of Legal Capacity to enter contract
In Addition to the Above:
a. Underwriters are also expected to submit the following:
- Detailed Description of your Understanding of the Scope of Work
- Evidence of valid reinsurance treaty arrangements
- Evidence of an identifiable Office in Abuja and at least in three (3) other
- State Capital
b. Insurance Brokers are also expected to submit the following;
- Detailed Description of your Understanding of the Scope of Work
- Evidence of Current & Adequate Professional Indemnity Cover
- Evidence of current membership of NCRIB
- Evidence that at least a key member of staff is an Associate Member of
- NCRIB
- Evidence of an identifiable Office in Abuja
- Any other submission that may assist the Bank in assessing the Broker’s capacity.
Submission:
Complete documentations should be forwarded in a sealed waxed envelop boldly marked;
“Application for Insurance Underwriters/Brokers for the year 2013/2014 for the Central Bank of Nigeria”
And addressed to:-
The Secretary
Major Contracts Tenders Committee
2nd Floor wing C
CBN Head Office Complex
Central Business District
Abuja, FCT Nigeria
Closing Date:
All submissions must be received it the above office not later than 3:00pm Tuesday 8th October, 201 3.
ALL OTHER DETAILS REMAIN VALID.
Signed:
MANAGEMENT
