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  5. PROVISION OF LONG-TERM INSURANCE UNDERWRITING SERVICES (AGENCY AGREEMENT) TO BSB INSURANCE AGENCY (PTY) LTD

PROVISION OF LONG-TERM INSURANCE UNDERWRITING SERVICES (AGENCY AGREEMENT) TO BSB INSURANCE AGENCY (PTY) LTD

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Tender offers are invited from NBFIRA Licenced Long-Term Insurance Companies for the provision of insurance services (Agency Agreement) to BSB Insurance Agency (Pty) Ltd for a period of three (3) years.

TENDER REF NO: BSB/BIA/002/2022/23
PROVISION OF LONG-TERM INSURANCE UNDERWRITING SERVICES (AGENCY AGREEMENT) TO BSB INSURANCE AGENCY (PTY) LTD

Tender offers are invited from NBFIRA Licenced Long-Term Insurance Companies for the provision of insurance services (Agency Agreement) to BSB Insurance Agency (Pty) Ltd for a period of three (3) years.

The procuring entity is BSB Insurance Agency (Pty) Ltd Gaborone.

Bidders who are to be considered for award of the contract should be appropriately licensed to trade and or supply the services tendered for, and in possession of requisite documentation to trade and or supply such services according to the laws of Botswana.

Bidding companies should be in possession of Code 127: Insurance & Pension, Sub-Code 07: Life Insurance Services. The codes are to be verified online.

All applicable citizen economic empowerment schemes such as Local Procurement Scheme (LPS), Citizen Economic Empowerment Programme (CEEP) and Economic Diversification Drive (EDD) shall be considered for evaluation and awarding purposes.

The physical address for collection of tender documents is: Procurement Department
Botswana Savings Bank Headquarters
Plot 53796, Kagiso Mall, Tshomarelo House, Floor Number 4
Gaborone

Documents may be collected during working hours between 0830hrs and 1530hrs with effect from 25th August 2022. Tender documents shall be available both in soft copies and hard copies. Bidders interested in receiving soft copies shall share email addresses and proof of payment upon payment of the tender fee to procurementunit@bsb.bw

A non-refundable fee of P2, 000.00 shall be paid by interested bidders before collection of tender documents. Payment shall be made at any of the following Botswana Savings Bank branches and or ATMs: BSB Headquarters, Rail Park, Palapye, Mahalapye, Molepolole, Serowe, Hukuntsi, F/town and Maun; Old Naledi and Kanye ATMs, at the following Account details:

1) Acc Name: BSB Insurance Agency (Pty) Ltd
Acc No: 709 000 135 15 001
Reference no: Bidder’s Company Name

Payments can also be made through bank transfer or EFT. Account details are as follows:

2) A/c Name: Botswana Savings Bank
Branch Name: First National Bank of Botswana
Branch Name: Main Branch
Branch Code: 281 467
A/C No: 622 762 353 58
Reference: Bidder’s Company Name

A ONE-envelope procedure will be followed.

Parts of each tender offer communicated on paper shall be submitted as one (1) original marked original, plus three (3) copies. Queries relating to the issue of these documents may be addressed to Mr Johnson M. at Tel +267 3670161 Fax No +267 395 2608 at least (7) days before tender closing date; Copied to jkoobake@bsb.bw & ProcurementUnit@bsb.bw. No queries shall be allowed thereafter.

The closing time for receipt of tender documents is 1000hrs on 17th Sept, 2022.

Tender offers received after closing date, telegraphic, faxed or emailed submissions will not be accepted. Late tenders will be rejected and returned unopened to bidders.
Names and addresses of bidders should be reflected on the envelopes.

The physical address for tender submission is:
Botswana Savings Bank (BSB) Plot 53796, Tshomarelo House 4th Floor Tender Box, Kagiso Mall, P O Box 1150, Gaborone Botswana.
Tender opening shall be available both online and physical. A link shall be provided 2 days later from the bid closing date. Tender documents not correctly packaged and labelled as indicated above will not be accepted.

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