RFQ Title: Procurement of Group Life Insurance Services RFQ Number: 2022-PACT/02/01
Date of Solicitation: 11th February 2022
Closing Date and lime: 25th February 2022, 11:00 am (Dar es Salaam, Tanzania)
Questions and Clarifications: Due by 24th February 2022 Estimated Delivery/ Performance Date: 30th September 2022.
Introduction to Pact:
Pact Inc. is an international non-profit organization with its headquarters in Washington, DC. Pact serves communities challenged by poverty and marginalization because we envision a world where everyone owns their future. To do this, we build systemic solutions in partnership with local organizations, businesses, and the government. Our goal is thriving, resilient communities where those we serve are heard, capable, and vibrant.
Overall Objective:
The overall objective of this assignment is to procure an insurers provider who will be providing group life assurance to all Pact Tanzania Staff.
A. Requirement/ Scope of Work
The specific scope of work includes but should not be limited to the following:
- To work with assigned Pact Tanzania Officers on all communications related to enrolment
- To issue all additional computation workings and invoices on time so that the respective payments can be made timely.
- To ensure all payments of claims are made timely
Timeframe
This insurance cover is expected to be from 1 April 2022 to 30th September 2023.
Expected Deliverables
The interested service provider should be able to provide the following insurance services for 170 + staff with the following benefits. i. All Death Benefits, including natural death (at the rate of 2 annual salaries per staff)
U. Disability Benefits (at the rate of 2 annual salaries per staff)
- Permanent and Total Disability (include payment schedule for claim)
- Accidental Permanent Partial Disability (include payment schedule for claim)
iii. Funeral Benefit
Interested vendors should request the full Terms of Reference (ToR) through email with the subject line “TOR for Procurement of Group Life Insurance Services” to [email protected] before 24th February 2022.
All questions and requests for clarification should be directed to ProcurementTZ@pactworld,org with the subject line ‘Request for Clarification: Procurement of Group Life Insurance Services” before 24th February 2022.
B. Eligibility
To be considered for the award, vendors must currently be legally operating in Tanzania, and the quotation must include all of the following information:
- Ability to meet or exceed the requirements/technical specifications outlined in Section A;
- Ability to deliver the items/services specified in Section A no later than the date(s) required.
C. Submission Instructions
The following information is to be included by a vendor in the proposal:
• Draft inception report detailing your understanding of the ToR, the methodology and how you plan to execute the insurance assignment, tentative work plan, and timeframe. Include the proposed budget in TZS.
• Current company profile.
• Copies of registration, certificate and address of their registered office, valid business license, VAT, TIN certificates, Tax clearance certificate, and any inustry-relevant permit or certificate.
• Evidence of similar assignments and at least three (3) names and addresses of clients served (preferably those in the international NGO sector).
• Current teo consecutive audited financial statement.
• Submit a proposal detailing your understanding of the ToR, methodology for monitoring the education subsides exercise, how you plan to execute the insurance assignment, tentative work plan, and timeframe. Include the proposed budget in TZS.
• Quote, valid for at least 90 days
• On-boarding time must be specified.
• Payment terms 100% after on-boarding
Vendors who wish to answer this RFP should send their proposals in sealed envelopes to Pact Tanzania Head Office by 25″‘ February 2022, 11:00 am. All sealed envelopes need to be marked as’: Procurement of Group Life Insurance Services’
Office Address: :
The Tender Committee
Pact Tanzania
74 Uporoto Street, Victoria
P. 0. Box 6348, Dar es Salaam, Tanzania
Proposals submitted through emails will not be considered.
Quotations received after that time or at a different address may not be accepted
As mentioned above, all quotations and delivery dates shall be valid for at least 90 days following the submission.
PACT will open all bids on 25″ February 2022 at 11.30 am in the presence of Bidders representatives who choose to attend.
