Invitation for Pre-Qualification at Kaduna Electricity Distribution Company Plc (KAEDCO)

Kaduna Electricity Distribution Company Plc (KAEDCO)

Kaduna State, Nigeria

Invitation for Pre-Qualification

Kaduna Electricity Distribution Company (KAEDCO) is one of the eleven Distribution Companies privatized by the Federal Government of Nigeria as part of the electricity power sector reform program implementation. Located in the north west geopolitical zone of Nigeria, the Company has license to distribute and market electricity in the four states of Kaduna, Sokoto, Kebbi and Zamfara.

KAEDCO is desirous of inviting bids from Nigerian registered Insurance Brokers for the Insurances of its Assets, personnel and operational risks.

All interested Insurance Brokers seeking to be considered for appointment MUST satisfy as a minimum, the following conditions, approved by the National Insurance Commission (NAICOM):

(a)        Be a Limited Liability Company Incorporated in Nigeria and licensed by the National Insurance Commission to operate as an Insurance Broker.

(b)       Have verifiable full time employees with cognate experience in the relevant classes of Insurance.

(c)        Must have verifiable locational addresses in Nigeria.

(d)       Maintain adequate Professional Indemnity Cover for its activities.

(e)        Be a good Corporate citizen that pays its taxes as and when due and be in possession of current Tax Clearance Certificate.

(f)        Have complied with the provisions of the Pension Reform Act 2004.

Qualified Insurance Brokers willing to apply must in compliance with the Public Procurement Act) 2007 do so by submitting the following documents;

(1)       Original Certified True Copy by the Corporate Affairs Commission of the Company’s Certificate of Registration

(2)       Original Certified True Copy by National Insurance Commission of the Company’s current licence to operate as an Insurance Broker.

(3)       Evidence of participating in the brokerage of firms within the power sector in Nigeria.

(4)       Company’s Published Audited Accounts for the years ended 2014,
2013 and 2012.

(5)       Certified True Copy by the Federal Inland Revenue Service or Notary Public or Commissioner of Oaths of:

(a)        three years tax clearance certificates (Receipts not acceptable)

(b)       Current VAT registration

(6)     A profile of two (2) top management staff and at least three (3) technical staff of the Company with their qualification and insurance working experience.

(7)       Certificate of Compliance with the provisions of the Employee Compensation Act 2010 issued by Nigeria Social Insurance Trust Fund.

(8)       A statement signed by the Company’s Chief Executive Officer of its staff strength and locational addresses.

(9)       Certificate of Insurance in respect of current Professional Indemnity cover.

(10)     Certificate of Compliance with the provisions of the Pension Reform Act, 2004 issued by the Pension Commission.

(11)     Group Life Assurance Certificate for its staff in compliance with the Pension Reforms Act 2004.

(12)     Evidence of compliance with the provisions of Industrial Trust Fund Act 2011 issued by the Industrial Training Fund.

Applications in writing should be submitted as follows;

THREE copies marked “QUALIFICATION AS A BROKER FOR KAEDCO ASSETS, PERSONNEL AND OPERATIONAL RISK” written on the left hand comer of the envelope.

All bids should be addressed and forwarded to:

The Corporate Services,

Kaduna Electricity Distribution Company Plc (KAEDCO)

No 1, Electricity House Ahmadu Bella Way Kaduna

All Submissions should reach the above address by 12.00 NOON (Nigerian Time) on or before Wednesday, February 19th 2015

This notice and pre-qualification process shall not place any commitment on KAEDCO nor establish any legal relationship whatsoever with any bidder. No Communication will be entered into with any unsuccessful bidder.


Head, Corporate Services

For; Managing Director/CEO