New Start, New Standard
Comments on Competitive Contract
Comments on Competitive Contract
| Notice No. | 201811 |
|---|---|
| Notice Date | 2018-08-23 |
| Item for Bid | LTEA Insurance Brokerage & Consultancy Service |
| Esimated Value | USD 232,073.63 |
| Expeted Completion Date | 6 years after contract signing |
| Qualification for Bid |
O Qualification of Bidder - An insurance broker registered in the UAE O Requirement for Insuring Factors - Insurance company should be registered in the UAE - Insurance and reinsurance company should have credit rating above A- or A3 from a credit rating agency such as A.M. Best, S&P, or Moody’s - Leading reinsurance company should undertake more than 30% of insurance O Documents for Submission - Insurance company and broker’s UAE registration document - Credit Report of insurance company and reinsurance company - A letter from reinsurance company confirming insurance undertaking ratio |
| Opinion Submission Due Date | 2018-08-27, 18:00 (KST) |
| Contact Point | KO49636@kepco-enc.com (Lee Soohyun, Subcontract & Procurement Team) |
| Attachments |
1. Conditions of Insurance Brokerage & Consultancy Service.docx