TOTAL EP NIGERIA LIMITED
TENDER OPPORTUNITY FOR:
PROVISION OF DOLLAR OPERATIONAL INSURANCE POLICY
(COMPREHENSIVE GENERAL THIRD-PARTY LIABILITY INSURANCE)
NIPEX REF. NO: 1000004781
Total E&P Nigeria Limited (TEPNG) operator of the NNPC/TEPNG Joint Venture invites interested and reputable Nigerian registered insurance companies with relevant experience to tender for the technical bidding phase for the provision of dollar operational insurance policy.
2. SCOPE OF WORK
The Insurance would cover Third Party Liability risks arising from Onshore and Offshore Oil and Gas Activities of the insured. The Insurer shall retain a percentage of the risk in Nigeria and re-insure the excess capacity with leading foreign underwriters. The Insurer will liaise with the appointed re-insurance Broker or insurance consultant for the purpose of reinsurance with foreign underwriters. The Insurer will also handle claims services, policy documentation, renewals, endorsement, etc.
3. CONDITION FOR SELECTION
Insurance Companies seeking to be selected must satisfy the following conditions. Limited Liability Company registered in Nigeria and licensed by the
1. Be a National Insurance Commission (NAICOM) to transact either Life or General Insurance Business
2. Have a net asset of not less than N5billion
3. Have acquired good experience in life or general insurance business.
4. Have adequate and qualified staff with experience in Life or General insurance business.
5. Must be in good standing as regards prompt settlement of all claims reported to date.
6. Have business relationship with competent Insurance Broker(s) with good reputation and experience in Life or General Insurance Business
7. Must be a good corporate citizen of Nigeria that pays its taxes as and when due.
4. MANDATORY REQUIREMENTS
a) To be eligible for this tender exercise, interested contractors are required to be pre- qualified in the Non-Life Categories (3.14.32) in NipeX Joint Qualification System (NJQS) database. All successfully pre-qualified suppliers in this category will receive Invitation to Technical Tender (ITT).
b) To determine if you are pre-qualified and view the product services category you are listed for, open www.nipex-ng.com and access NJQS with your log in details, click on continue Joint Qualification Scheme tool, click check my supplier status and then click supplier product group.
c) If your company is not listed in the product/service category and you are registered with DPR to do business in this category, please contact Nipex office at B/10 Bayo Kuku Road, Ikoyi Lagos with your DPR certificate as evidence for verification and necessary update.
d) To initiate the NJQS pre-qualification process, access www.nipex-ng.com to download the application form, make necessary payments and contact Nipex office for further action
e) To be eligible, all tenders must comply with the Nigerian Content requirements in the Nipex system
5. NIGERIAN CONTENT REQUIREMENTS
COMPANY is committed to the development of the Nigerian oil and gas business in compliance with the Nigerian Content Act 2010 for Nigerian Content Development.
As from the commencement of this Act, the minimum Nigerian Content in any project, service or product specification to be executed in the Nigerian oil and gas industry shall be consistent with the level set in the Schedule of the Act and any other targets as may be directed by the Nigerian Content Development and Monitoring Board (The Board).
Tenderer shall comply with all the provisions of the Nigerian Content Act that relate to this contract but in particular comply with the minimum Nigerian Content % for the scopes which are covered in the Schedule of the Act and any other requirement that may arise from time to time not explicitly stated in this contract but which apply to the contract in fulfillment of the Nigerian Content Act, in the submission of their Tender.
Failure to fully comply with the Nigerian Content Act or demonstrate commitment to Nigerian Content Development Policy of the Nigerian government shall result to disqualification from bidding this contract.
Tenderers shall provide evidence of Registration by National Insurance Commission (NAICOM) and Nigerian Insurance Association (NIA).
As part of their submissions, Tenderer shall:
1. Develop a Nigerian Content Execution Plan (NCP), which shall explain the methodology of how it intends to comply with the requirements of the Act and how to achieve the set target(s) in the Schedule of Nigerian Oil & Gas Industry Content Development Act and any targets set by The Board.
2. Only Nigerian registered company with greater than or equal to 51% Nigerian shareholding shall bid for this work scope. Submit certified copies of CAC form 02&07 and or evidence of entity’s incorporation, shareholding and ownership structure in Nigeria.
3. In line with the NCD Human Capacity Development Initiative, Bidder shall commie providing Project-Specific training, man-hour, budget, skill development understudy plan for Nigerian personnel utilizing OGTAN registered trainer(s) or other approved NCDMB training institution(s).
4. Provide evidence (personnel list and positions with organization chart to substantiate) of percentage of management that are Nigerian Nationals and the percentage of the total workforce that are Nigerians.
5. Submit Tenderer’s corporate organization’s overall human resources structure (management, supervisors, senior & junior skilled officers etc.) identifying positions manned/occupied
6. Tenderers shall provide evidence of Registration by National Insurance Commission (NAICOM) and Nigerian Insurance Association (NIA)
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