Bid No.


Issued By

Ethiopian Insurance Corporation

Bid Doc. Price

See detail below

Published Date

Mar 19, 2005

Opening Date

May 25, 2005


Bid Category

Online Insurance Application Software



The Ethiopian Insurance Corporation invites eligible bidders for the study, customization, supply and implementation of integrated online insurance application software that consisting of non-life, life and account or an independent non-life, life and account application software that meets the requirements of the Corporation as stated in the bid document. The bid is open to both National and International Bidders. 

1.      A complete set of bidding document in English can be  obtained freely from the Ethiopian Insurance Corporation, Head Office, General Services Department, 7th floor, Room No. 703, Addis Ababa, Ethiopia or can be downloaded from the following  website: http://www.eic/

2.      A National bidder and local agent of foreign bidder must be submit a currently renewed license together with certificate or registration issued by Ministry of Finance and Economic Development of the Federal Democratic Republic of Ethiopia. National bidders are also required to submit Value Added Tax (VAT) certificate of registrations.

3.     An international bidder that wants to participate in the bid is required to submit an authorized license or certificate that certificates the bidder to transact the subject matter of the bid from the country of origin.

4.     All bids must be accompanied by a bid security in the amount of Ethiopian Birr 100,000 (One Hundred Thousand Only) or USD 11, 557 (Eleven Thousand Five Hundred Fifty Seven) or equivalent in a freely convertible currency.

4.1    The bid bond shall be  furnished in one or  the following  forms:

a)      Cash,

b)      Certified check, bank guarantee, CPO issued by a recognized domestic bank, or insurance bond from local insurer.

c)      An international bidder  that doesn't have a local  agent in Ethiopia is required to furnish the bid bond issued by and/or confirmed through a recognized domestic bank in  Ethiopia and should inform the Ethiopian Insurance Corporation to collect the bid bond from the respective domestic bank by fax or e-mail before the closing  date of the bid.

5.      Sealed bid marked as "Tender for the Study, Customization, Supply and Implementation of an Insurance Application Software" and addressed to " Ethiopian Insurance Corporation, Head Office, Room No. 703, P.O. Box 2545, Addis Ababa, Ethiopia" will received at Ethiopian Insurance Corporation, Head Office, General Services Department, 7th Floor, Room No. 703 in Addis Ababa, Ethiopia before or on May 25, 2005 until 4:00 P.M. local time. Bids received after the closing time will be automatically rejected.

6.      The bid shall be closed on May 25, 2005 at 4:00 P.M. and opened on the same date at 4:30 P.M. local time in the presence of bidder or their representatives who choose to attend at Ethiopian Insurance Corporation Head Office, Conference Hall, Addis Ababa, Ethiopia.

Ethiopian Insurance Corporation reserves the right to accept or reject any or all bids. Interested eligible bidders may obtain further information from Ethiopian Insurance Corporation. 

Tel. 251-1- 15 342 95
Fax 251-1- 51 74 99
P.O. Box 2545
Addis Ababa


Bids (Tenders) are obtained from "The Ethiopian Herald" which is published by Ethiopian Press Agency. All rights reserved.

2005 by [EthioMarket]. All rights reserved.  Terms and Conditions