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Invitation for Bids: Provision of Miscellaneous Insurance Cover to ZCCM-IH

ONB No.: ZCCM-IH/075/2018

  1. ZCCM Investments Holdings Plc. has received financing from own sources toward the Operating Expenditure for the 2018/2019 Financial Year, and it intends to apply part of the proceeds of this financing to payments under the Contract for the Provision of Miscellaneous Insurance Cover to ZCCM-IH, Contract No.: ZCCM-IH/075/2018.
  2. ZCCM Investments Holdings Plc now invites sealed bids from eligible and qualified bidders for the Provision of Miscellaneous Insurance Cover to ZCCM-IH in the following lots:
    Lot 1 – Provision of Group Life Assurance (GLA) Cover for ZCCM-IH Employees – Duration: 3 years;
    Lot 2 – Provision of Group Personal Accident (GPA) Cover for ZCCM-IH Employees and Board Directors – Duration: 3 years;
    Lot 3 – Provision of Non-Life Insurance Cover to ZCCM-IH – Duration: 3 years; and
    Lot 4 – Provision of Travel Insurance Non-Life Insurance Cover to ZCCM-IH Employees and Board Directors – Duration: 3 years.
  3. Bidding will be conducted through the Open National Bidding (ONB) procedures specified in the Public Procurement Act of 2008 and the Public Procurement Regulations of 2011 and is open to all bidders from Eligible Source Countries as defined in the Bidding Documents. The following CEEC preferential treatment shall be applied as part of the evaluation:
    3.1 Citizen-influenced company – 4%
    3.2 Citizen-empowered company – 8%
    3.3 Citizen-owned company – 12%
  4. Interested eligible bidders may obtain further information from the address below and inspect the Bidding Documents at this address from 08:00 – 13:00 and 14:00 – 17:00 local time, Monday to Friday inclusive.
  5. Qualifications requirements include:
    1. Experience as a prime Service Provider of at least two (02) contracts of a similar nature and scope in the last three (03) years;
    2. Minimum of three (03) years’ experience in the provision of insurance services;
    3. Demonstrate capacity to pay out up to ZMW 2,000,000.00 in GLA claims in the last three (03) years;
    4. Demonstrated ability to settle claims within a period of 10 working days;
    5. Average Annual Turnover for the past three (03) years per lot as follows:
      Lot 1 – ZMW 1,926,470.00;
      Lot 2 – ZMW 31,973.33;
      Lot 3 – ZMW 1,437,940.00; and
      Lot 4 – ZMW 32,297.87.
  6. A complete set of Bidding Documents in English may be purchased by interested bidders ON THE SUBMISSION OF A WRITTEN APPLICATION to the address below and upon payment of a non refundable fee of Zambian Kwacha Five Hundred (ZMW500.00). The method of payment will be by Cash or Bank Certified Cheque.
  7. The address referred to above is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccm-ih.com.zm
  8. Bids must be delivered to the address below at or before 10:00 hours on Monday, 10th December 2018. Electronic bidding shall not be permitted. Late bids will be rejected. Bids will be opened physically in the presence of the bidders’ representatives who choose to attend in person at the address below immediately after 10:00 hours on 10th December 2018. All bids must be accompanied by a Bid Securing Declaration.
  9. The address referred to in clause 8 is:
    K D Kabwe (Mrs.)
    ZCCM Investments Holdings Plc.
    ZCCM-IH Office Park, Stand No. 16806
    Alick Nkhata Road, Mass Media Area
    Lusaka, Zambia
    Tel: +260-211-388000
    E-mail: kabwekd@zccm-ih.com.zm
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