REQUEST FOR PROPOSAL FOR PROVISION OF CONSULTANCY SERVICES TO REVIEW AND ENHANCE THE CORPORATION’S CAPITAL ADEQUACY MODEL AND FRAMEWORKClosed

Overview

Procurement of consultancy services to review and enhance the corporation’s Capital Adequacy Model and Framework. Qualified consulting firms, including Joint Ventures up to two members, are invited under Quality and Cost Based Selection (QCBS). Submissions are via email to KenyaReProcurement@kenyare.co.ke, with a deadline of 7 July 2026 at 10:00 East Africa Time. The RFP is issued by Kenya Reinsurance Corporation Ltd (RFP.pdf).

Requirements

• Method: QCBS. Two-envelope submission (Technical and Financial) in separate envelopes. (RFP.pdf)
• Eligibility: JV max 2 members; compliance with anti-corruption and conflict-of-interest rules; not debarred per PPRA; open to eligible firms globally. Sub-contracting requires prior approval. (RFP.pdf)
• Documentation: Technical Proposal forms TECH-1 to TECH-7; Financial Proposal forms FIN-1 to FIN-4; Power of Attorney; Certificates of independence and fraud/corruption declarations; JV agreements if applicable. (RFP.pdf)
• Bindings: Proposals in English; proposal validity 120 days; tender security of KShs 180,000; two-envelope submission; standstill/award procedures as per the RFP. (Data Sheet)
• Compliance: Anti-fraud, anti-corruption, and fair competition clauses; permits PPRA audits; tax and local costs to be handled per Data Sheet. (RFP.pdf)

How to Apply

• Submission: Email as per Data Sheet; ensure the Technical Proposal and Financial Proposal are in separate envelopes/files. Deadline: 7 July 2026, 10:00 (East Africa Time). (RFP.pdf)
• Clarifications: Requests allowed up to 7 days before the deadline. Address all queries in writing to the contact provided. (Data Sheet)
• What to submit:
  • Technical: TECH-1 to TECH-7 and supporting documents (Power of Attorney, Sub-consultant details if any).
  • Financial: FIN-1 to FIN-4, including breakdowns and reimbursables.
  • Additional: Certificate of Independent Proposal Determination and Fraud & Corruption Appendix. (RFP.pdf)
• Pre-bid briefing: Not conducted for this RFP (Data Sheet indicates no pre-proposal conference).
• Where to obtain documents: RFP and attachments are included in the tender package (RFP.pdf).