# REQUEST FOR PROPOSAL (RFP) FOR PROVISION OF CONSULTANCY SERVICES FOR ASSET VALUATION

- **Reference:** KRC/2026/2889/337
- **Issuer:** [Kenya Reinsurance Corporation Ltd](https://za.bidwunder.com/tenders/issuer/kenya-reinsurance-corporation-ltd.md)
- **Type:** Request for proposal
- **Published:** 2026-10-20
- **Closing date:** 2026-11-03 11:00 EAT
- **Sectors:** [Professional, scientific, technical](https://za.bidwunder.com/tenders/sector/M.md)

## Summary

#### Overview
**Procurement of consultancy services for asset valuation for Kenya Reinsurance Corporation Ltd.** Bid for asset valuation consultancy is open to firms with expertise in land economics/real estate valuation, asset valuation, GIS, and mechanical/electrical engineering; must be registered with Kenyan professional bodies (e.g., VRB/ISK), comply with PPRA/Kenya anti-corruption laws, not be debarred, and meet other eligibility criteria. The assignment targets institutional asset valuation projects (value not less than KSh 2.5B) and requires a qualified, multi-disciplinary team.

#### Requirements
- Eligibility and compliance with Kenyan law, PPRA rules, anti-corruption provisions, tax clearance, and no debarment; no conflicts of interest.
- Minimum expert team: Project Manager/Team Leader (Land Economics/Real Estate), Experts in Land Economics/Real Estate Valuation, Mechanical/Electrical Engineer, GIS knowledge; senior licenses/certifications with VRB/ISK/EBK as applicable; evidence of qualifications.
- Experience: at least 3 institutional asset valuation projects in last 7 years with value ≥ KSh 2.5B each; evidence via mandatory documentary evidence.
- Submission and procurement: QCBS/QBS approach with only technical proposals required; bid security (where applicable); site visits mandatory; non-electronic submission; 120-day proposal validity; currency in Kenya Shillings; separate original and copies packaging. See RFP for detailed criteria and forms (RFP).

#### How to Apply
- Submission deadline: 3 November 2026 at 10:00 East Africa Time (see RFP). (RFP)
- Submission method: sealed hard-copy submissions by mail/hand to Kenya Reinsurance Corporation Limited; address on RFP; do not submit electronically (RFP).
- Documents to submit: Technical Proposal using Section 3 Standard Forms; mandatory documentary evidence (degrees, VRB/ISK licensure, GIS capability, prior project evidence); no financial proposals in the technical submission (RFP).
- Registrations/pre-qualifications: registration with VRB/ISK; tax compliance; PPRA debarment checks.
- Briefing/site visit: mandatory site visit for asset locations; sign the site-visit form; briefing details to be confirmed in Data Sheet (RFP).
- Where to obtain bid documents: with the RFP documents (RFP.pdf), and via Kenya Repliance contacts (procurement@kenyare.co.ke).

## Description

REQUEST FOR PROPOSAL (RFP) FOR PROVISION OF CONSULTANCY SERVICES FOR ASSET VALUATION

REQUEST FOR PROPOSAL (RFP) FOR PROVISION OF CONSULTANCY SERVICES FOR ASSET VALUATION

Venue: AT THE 15TH FLOOR, REINSURANCE PLAZA, ALONG AGA KHAN WALK & TAIFA ROAD

## Documents

- RFP

Documents download with a free BidWunder account.

## Published on

- [Kenya PPIP Tenders](https://tenders.go.ke/tender/309191)

More open tenders: https://za.bidwunder.com/tenders.md

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> Source: https://za.bidwunder.com/tenders/request-for-proposal-rfp-for-provision-of-consultancy-services-for-asset-valuati-25bdc70c