PROVISION OF GROUP MEDICAL INSURANCE COVER SERVICES FOR RURAL KENYA FINANCIAL INCLUSION FACILITY PROJECT STAFF

THE NATIONAL TREASURY & ECONOMIC PLANNING TENDER MARCH 2024 

PROVISION OF GROUP MEDICAL INSURANCE COVER SERVICES FOR
RURAL KENYA FINANCIAL INCLUSION FACILITY PROJECT STAFF
REF NO: RK FINFA /NCB/07/2023/2024

The Government of the Republic of Kenya has received financing from the International Fund for Agricultural Development
(IFAD) towards the implementation of the Rural Kenya Financial Inclusion Facility (RK-FINFA) project and intends to apply
part of the proceeds under the loan for Provision of group medical insurance cover services for rural Kenya Financial Inclusion
Facility Project Staff.
The use of any IFAD financing shall be subject to IFAD’s approval, pursuant to the terms and conditions of the financing
agreement, as well as IFAD’s rules, policies and procedures. IFAD and its officials, agents and employees shall be held harmless
from and against all suits, proceedings, claims, demands, losses and liability of any kind or nature brought by any party
in connection with the Rural Kenya Financial Inclusion Facility (RK-FINFA) project.
Rural Kenya Financial Inclusion Facility (RK-FINFA) is a six-year rural finance project funded by the Government of Kenya
(GoK), International Fund for Agricultural Development (IFAD).
The project supports the transformation of the rural and smallholder agriculture sector through private sector-led
development by improving the access of the smallholder farmers and rural micro, small and medium sized enterprises to
appropriate financial services.
Invitation for bids (IFB) follows the general procurement notice that appeared in MyGov newspaper (MyGov Publication) on
28th February 2023, on the IFAD website and on the United Nations Development Business on 1st March, 2023.
Invitation for bids (IFB) follows the general procurement notice that appeared in MyGov newspaper (MyGov Publication) on
28th February 2023, on the IFAD website and on the United Nations Development Business on 1st March, 2023.
The Rural Kenya Financial Inclusion Facility Project invites sealed tenders from eligible insurance Underwriters licensed
by the Insurance Regulatory Authority for the Provision of Group Medical Insurance Cover for the Project staff whose
specifications are detailed in this Tender Document.
Bidding will be conducted using the National Competitive Bidding (NCB) method, the evaluation procedure for which is
described in this bidding document, in accordance with the IFAD Procurement Handbook which is provided at
www.ifad.org/project-procurement and Public Procurement and Asset Disposal Act 2015 and attendant Regulations.
The NCB process, as described, will include a review and verification of qualifications and past performance, including a
reference check, prior to the contract award.
Tender documents may be viewed and obtained electronically from the Website www.tenders.go.ke and www.treasury.
go.ke. Tender documents obtained electronically will be free of charge. Bidders who obtain the tender documents
electronically must forward their particulars immediately to procurement.rkfinfa@treasury.go to facilitate any further
clarification or addendum.
Prices quoted should be net inclusive of all taxes, and delivery costs, must be in Kenya Shillings and shall remain valid for
140 days from the closing date of the tender.
Tenders must be accompanied by Tender security of Kenya Shillings Two Hundred and Thirty Thousand Only
(230,000.00) from a reputable Bank or an insurance company registered and licensed by the Insurance Regulatory Authority
listed by the Public Procurement Regulatory Authority (PPRA) in Kenya valid for 30 days beyond the Tender Validity period
Completed Tender Documents, both “Original” and “Copies”, enclosed in plain sealed envelopes, marked with the relevant
Tender Number and Title shall be addressed to:

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