Invitation for Pre-Qualification as an Underwriter for Insurance Coverage of Kedco Assets, Personnel and Operational Risks at Kano Electricity Distribution Company (KEDCO)
Kano Electricity Distribution Company Plc (Kedco) Kano,
Nigeria
Invitation for Pre-Qualification
Kano Electricity Distribution Company (KEDCO) is one of the eleven Distribution Companies privatized by the Federal Government of Nigeria as part of the power sector reform program implementation. Located in the north west zone of Nigeria, the company has license to distribute and market electricity in the Three states of Kano, Jigawa, and Katsina.
KEDCO is desirous of inviting bids from Nigerians registered Insurance underwriting Companies for Insurance Coverage of its Assets, Personnel and operational risks.
All interested Underwriting Companies seeking to be considered for appointment MUST satisfy as a minimum, the following mandatory Requirements:
(a) Original Certified True Copy by the Corporate Affairs Commission of the Company’s Certificate of Registration.
(b) Certified True copy of Memorandum & Articles of Association
(c) Copy of Forms Co2&Co7
(d) Evidence with Registration with NAICOM
(e) Certified True copy of Tax Clearance Certificate for the last three years
(f) Certified True Copy of three years Company’s Annual Returns to Corporate Affairs Commission.
(g) Certificate of compliance with PENCOM.
(h) Company’s Published Audited Accounts for the years ended 2014, 2013 and 2012 certified by NAICOM
(i) Certified True Copy of three years tax clearance certificates
(Receipts not acceptable) by the Federal Inland Revenue Services.
(j) Evidence of VAT Registration and Remittances.
(k) Evidence of compliance with the provisions of Industrial Trust Fund
Act 2011 issued by the Industrial Training Fund.
(l) PAYE and Remittances.
(m) Complete Ownership Structure, Management Team, Technical/Other
Staff, Registered addressed/other contact details.
(n) Evidence of Technical competence and Relevant Experiences in similar projects.
(o) Evidence of Financial Capacity and Banking Support.
(p) Evidence of current Professional indemnity Cover.
(q) A statement of Declaration or Affidavit attesting to the fact that none of the bidder’s Company Directors/Financial/Principal Officers has ever been convicted for any criminal offences/confirmation of Legal Capacity to enter contract.
In addition to the above:
Underwriters are also expected to submit the following:
(1) Detailed Description of your Understanding of the Scope of Work.
(2) Evidence of valid reinsurance treaty arrangements.
(3) Evidence of an identifiable Office in Abuja and at least in three (3) other States Capital.
Applications in writing should be submitted as follows:
THREE copies marked “Qualification as an Underwriter for Insurance Coverage of Kedco Assets, Personnel and Operational Risks” written on the left hand corner of the envelop.
All bids should be addressed and forwarded to:
Ag. Chief Administration Officer
Katie Electricity Distribution Company Plc (KEDO)
No. 1, Niger Street
Kano.
All Submissions should reach the above address by 12.00 NOON (Nigeria Time) on or before Wednesday, 11, March, 2015.
This notice and pre-qualification process shall not place any commitment on KEDCO nor establish any legal relationship whatsoever with any bidder. No communication will be entered into with any unsuccessful bidder.
Signed
Head, Corporate Communication
For: Managing Director/CEO
