Invitation for Pre-Qualification for Provision of Insurance Cover for Institute’s Assets at Nigerian Institute of Transport Technology (NITT), Zaria

Nigerian Institute of Transport Technology (NITT), Zaria

Invitation for Pre-Qualification for Provision of Insurance Cover for Institute’s Assets

 1.     Introduction

Nigerian Institute of Transport Technology (NITT), Zaria has provision in its year 2013 budget to provide INSURANCE COVER for the Institute’s assets. The   Institute wishes to procure the services of Insurance Brokers and Underwriters with specific expertise and proven track records.

 2.     Pre-Qualification Requirement

The Institute hereby invites eligible Insurance companies to express their interest in providing the service, by submitting pre-qualification documents consisting of the following:

1. Evidence of Registration with Corporate Affairs Commission
2. Evidence of Registration with NAICOM
3. Profile   of Insurance/Brokerage  and  Management  staff strength  and experience
4. Evidence of payment of claims in the preceding three (3) years
5. Tax Clearance Certificate for the preceding three (3) years; including TIN Number
6. Audited Account of the Company for the preceding three (3) years
7. Evidence of similar Insurance Cover provided in the preceding three (3) years
8. Evidence of Registration with Nigerian Council of Registered Insurance Brokers (for Brokerage firms)
9. Evidence of Re-Insurance Treaty arrangement both local and international (Underwriters only)
10. Evidence of Pension contribution for employees
11. Evidence of compliance with Industrial Training Fund Act 2011
12. A sworn affidavit indicating that all documents submitted are genuine and verifiable.

Duration

The Insurance Cover is for one (1) calendar year.

4.     Submission Requirement

The pre-qualification documents duly signed by the Managing Directors of the Companies are to be submitted in sealed envelopes marked “Expression Of Interest For Provision Of Insurance Cover For Institute’s Assets” at the top left hand corner of the envelope and addressed to:

The Director-General/Chief Executive

Nigerian Institute of Transport Technology

P.M.B. 1148,

Pre-qualification documents must be hand delivered into the Tender Box in the DG CE’s office or by Registered mail to the above address; to reach him on or before 12 noon on Monday 6^th May, 2013. Pre-qualification documents/submission shall be opened at 2pm same day (6^th May, 2013) in the DG/CE’s Conference Room.

Note

1. Interested companies should specify the nature of service they intend to render (whether as Brokers or Underwrites)
2. This advertisement is not a commitment on the part of the Institute. Hence the companies applying cannot make claim(s) whatsoever nor seek any indemnity from the Institute by virtue of such application in response to this advertisement
3. The Nigerian Institute of Transport Technology shall not enter into correspondences with any unsuccessful company.

Signed

Management

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