Invitation for Bids (Re- Advertised)

REQUEST FOR PROPOSAL (RFP) FOR PROVISION OF) FOR PROVISION OF INSURANCE COVERAGE FOR PROPERTY, PLANT &EQUIPMENT SERVICES

Procurement Number: 03/PAUSTI/Admin/26

As part of the operationalization of the African Union Organ, The Pan African University Institute of Basic Sciences Technology and Innovation (PAUSTI) hereby invites all interested, experienced, and licensed General insurance Services Companies to submit proposals for Property Insurance Services in the PAUSTI Block under a Three-year contract based on performance. Details are listed in the Terms of reference attached.

Bidding is open to all Contractors who meet the eligibility criteria below:

1) Bidders shall be Registered Companies with a valid trading license

2) Minimum five years’ Experience in provision of Property insurance preferably with projects comparable in size and magnitude of the PAUSTI’S current requirement.

3) Signed bid form

4) Proof of Firm’s financial capacity for the last three years. (To be enclosed with the technical proposal)

5) Entries of joint venture should have a lead Company which should clearly state the members of the joint venture and a Memorandum of Understanding signed and sealed by all members.

6) Documentation accompanying the bid must be in English

Submission of Proposals:

Technical and Financial Proposals bearing the subject: “REQUEST FOR PROPOSAL FOR PROVISION OFINSURANCE COVERAGE FOR PROPERTY, PLANT &EQUIPMENT SERVICES”

Must be submitted electronically to: paustibids@jkuat.ac.keCopy to: proc.pausti@jkuat.ac.ke

  • Format: Two-envelope system (Technical Proposal & Financial Proposal).
    • Financial Proposal must be password-protected and opened only if the Technical Proposal attains ≥70% score.
  • Deadline: 30thOctober 2026 at 17:00 Hours Nairobi Time (GMT+3)

NB: Physical submission of proposals will not be accepted.

Bids shall be valid for a period of 90 days.Late bids will be rejected.

Pan Africa University, Institute of Basic Science, Technology and Innovation Street Address: Jomo Kenyatta University, Juja Campus

Floor/Room number: PAUSTI Block B, 2nd floor City: Nairobi   ZIP Code: P. O. Box 62000-00200 Country: Kenya Telephone: +254718092689

For more details, kindly download