The Independent National Electoral Commission (INEC) in pursuance of its constitutional functions and in compliance with the Due Process requirements seeks to undertake the underlisted Insurance Policies for 2017.
PROJECT LOTTING AND DESCRIPTION
DESCRIPTION OF POLICIES
LOT 1. Headquarters Vehicle Fleet Comprehensive Insurance Policy
LOT 2. INEC North Central Zone States Offices Vehicle Fleet Comprehensive insurance Policy
LOT 3. INEC North East Zone States Offices Vehicle Fleet Comprehensive Insurance Policy
LOT 4 INEC North Central West States Offices Vehicle Fleet Comprehensive Insurance Policy
LOT 5. INEC South West Zone States Offices Vehicle Fleet Comprehensive Insurance Policy
LOT 6. INEC South East Zone States Offices Vehicle Fleet Comprehensive Insurance Policy
LOT 7: INEC South South Zone Stales Offices Vehicle Fleet Comprehensive Insurance Policy
LOT 8: INEC Career Officers Headquarters Group Life Assurance Cover
LOT 9: INEC Career Officers North West Zone State offices Group Life Assurance Cover
LOT 10: INEC Career Officers North East Zone State offices Group Life Assurance Cover
LOT 11: INEC Career Officere North Central Zone Slate offices Group Life Assurance Covet
LOT 12: INEC Career Officers South West Zone Slate offices Group Life Assurance Cover
LOT 13: INEC Career Officers South East Zone State offices Group Life Assurance Cover
LOT 14. INEC Career Officers South South Zone Stale offices Group Life Assurance Cover
LOT 15: INEC Political Office Holders Nationwide Comprehensive Welfare Insurance Combining Group Life Assurance and Group Personal Accident Cover__
LOT 16: INEC Career Officers Headquarters 8 Southern Slates offices Group Personal Accident (GPA)
LOT 17: INEC Career Officers Northern States 4 FCT Group Personal Accident (GPA)
LOT 18: INEC Ad-Hoc personnel Electoral Hazard Insurance Policy_
LOT 19: Headquarters Property Fite and Burglary Insurance cover
LOT 20: INEC North Central Zone State Offices Property Fire and Burglary Insurance cover
LOT 21: INEC North East Zone State Offices Property Fire and Burglary Insurance cover
LOT 22: INEC North West Zone State Offices Property Fire and Burglary Insurance cover
LOT 23: INEC South West Zone State Offices Property Fite and Burglary Insurance cover
LOT 24: INEC South West East State Offices Property Fire and Burglary Insurance cover
LOT 25. INEC South South Zone State Offices Properties Property Fire and Burglary Insurance cover
LOT 26: Marine Hull Insurance for INEC Engine Boats
LOT 27: Computer-all Risks Insurance for INEC Computers and ODC Machines
LOT 28: INEC Smart Card Reader All Risk Insurance Policy for Northern Zone
LOT 29: INEC Smart Card Reader All Risk Insurance Policy for Southern Zone
To this end, the Commission invites duly registered and reputable Insurance Underwriting and Brokerage firms to express interest to provide cover and to manage the various insurance policies as Underwriters or Brokers respectively.
ELIGIBILITY CRITERIA FOR EXPRESSION OF INTEREST
The Company’s profile highlighting the following:
(i) Evidence of registration with Corporate Affairs Commission.
(ii) Evidence of registration on the Database of Contractors, Consultants and service providers by BPP(Bureau of Public Procurement).
(iii) CTC of evidence of registration with the National Insurance Commission (NAICOM)
(iv) CTC of Tax Clearance Certificate or acceptable evidence of up-to-date payment of Company Tax for year 2013, 2014 and 2015.
(v) Current Certificate of compliance with Pension Reform Act 2004 amended 2014 issue by PENCOM.
(vi) Current Certificate of Compliance issued by Industrial Training Fund (ITF) in compliance with Section 6(2) of ITF Amendment Act 2011.
(vii) Evidence of Financial capacity and Banking support,
(viii) Audited Accounts for 2013, 2014 and 2015 financial years.
(ix) Update of Annual Returns.
(x) Details of experience and technical qualifications of key personnel.
(xi) List of verifiable evidence of similar policies being managed.
(xii) Evidence of VAT registration and remittance of all Taxes.
(xiii) Sworn Affidavit from Federal or State High Court disclosing as follows;
(a) That all documents submitted are not only correct but genuine
(b) That the Director(s) has/have never been convicted by any court of law
(c) That none of the company’s Director of company is bankrupt
(d) Whether or not any of the officers of INEC or BPP is a former or present Director of the company
In addition to the above, Underwriters are also expected to submit the following:
(i) Evidence of valid reinsurance treaty arrangements
(ii) Identification of available extensions and exemptions applicable to each cover.
(iii) Time within which the policy and all other documents evidencing the contract shall be issued.
(iv) Claims reporting procedure and documentation in respect of each cover.
(v) Time limit within which claims shall be processed and paid.
(vi) Guarantee/ remedy against failure to settle claims as indicated.
(vii) Other incidental services that can be rendered to the Commission by the company under the contract of insurance.
(viii) Any other submission that will attest to the company’s reputation and capability to efficiently handle and manage the covers its expressing interest in.
In addition to requirements for expression of interest above, the Brokers are also expected to submit the following:
(i) Evidence of professional Indemnity Insurance cover from a duly registered insurance company.
(ii) Evidence of current membership of the Nigerian Council of Registered Insurance Brokers (NCRIB)
(iii) Evidence that at least a key member of staff is an Associate member of NCRIB.
(iv) Any other submission that will attest to the company’s reputation and capability to efficiently handle and manage the covers its expressing interest in.
4.0 GENERAL INFORMATION
(i) The closing date for the submission of Expression of Interest shall be 21days from the 1st publication of this advert.
(ii) Tender documents submitted late shall be rejected.
(iii) Failure to comply with the instruction(s) and provide any required document(s) may automatically result in disqualification.
(iv) Only firms that are pre-qualified after the evaluation of the expression of interest submission will be contacted to provide financial bid.
(v) INEC reserves the right to reject any or all the tender documents.
(vi) No communication will be entered into with any unsuccessful applicant.
(vii) This advertisement shall not be construed as a commitment on the part of INEC nor shall it entitle the tenderer to make any claims whatsoever and or seek any
indemnity from INEC by virtue of such tenderer having responded to this advert.
(viii) For further information, you may call the following numbers 08032918090, 08068861233, 08023832272 and 08042496996 between the hours of 10:00 am to 4:00pm Monday to Friday.
All submission of Expression of Interest should be in one (1) copy and sealed in an envelope marked “Expression of Interest as either an Underwriters or Broker for INEC Insurance Cover (Indicating the Lot)
All envelopes should be addressed and submitted to:
The Secretary, INEC Headquarters
Plot 436 Zambezi Crescent, PMB 0184, Maitama-Abuja
INDEPENDENT NATIONAL ELECTORAL COMMISSION (INEC)