Lucy Insurance S.C. invites interested and eligible bidders/ suppliers (both local and international) for the supply, customization, and implementation of an integrated online Core Insurance Application

INVITATION FOR BID
Ref No LISC/IT/2023/01

Lucy Insurance S.C. invites interested and eligible bidders/ suppliers (both local and international) for the supply,  customization, and implementation of an integrated online Core Insurance Application for Life. Non-life business and accounts.

1. The bid and RFP documents can be obtained from the company in the following address upon payment of a non-refundable fee of ETB Birr 5,000.00 (Five Thousand Birr) at the time of purchasing the bid document from:- Lucy Insurance S.C. Hayahulet Lucy Insurance Bldg. Next Waryt Tele. +251114671784 |+251116663761
   Email: lucy@lucyinsuranceet.com  https://www.lucyinsuranceet.com 
2. Bidders can register and obtain bid documents in any one of the following ways: a. By appearing in person and registering on their own behalf; b. By registering through a domestic company that acts as a commercial agent;
   c. Through bidders embassy;
3. Local bidders should submit a renewed license, VAT registration, TIN certificate and current-year tax clearance during their proposal submission.
4. International bidders are required to submit an authorized license or certificate that certifies the bidder to transact the subject matter of the bid from the country of origin during their proposal submission.
5. The bid must be accompanied by a bid security in the amount of 500,000.00 ETB (Five hundred thousand Birr) of the bidders' fixed fee for the software package and its implementation in one of the following forms:
   a. CPO;
   b. Bank guarantee;
   c.Bid Bond issued by a well known foreign bank and confirmed through a recognized domestic/commercial bank in Ethiopia and the bidder should in- form Lucy Insurance SC by fax or e-mail to collect the bid bond before the closing date.
6. The bid remains floating from April 19/2023 to May 31/2023 shall be closed on May 31/2023 at 4:00 PM and opened on the next day June 01/2023 at 2:30 PM at the Company's board room, 6th Floor, Lucy Insurance Bldg. Bids presented by any bidder after the closing date and time shall not be accepted.
7. Sealed bids must be marked as "Supply, customization and Implementation of an IIMIS
8. Solution for LISC" original and copy of Technical and Financial proposals in a separate and wax-sealed en- velopes and must be delivered to the address specified above and submitted in the tender box prepared for this purpose on or before May 31,2023, 4:00 PM. Lucy Insurance Company (S.Co.) Hayahulet Lucy Insurance Bldg. 6th Floor Addis Ababa Ethiopia Tele. +251114671784| +251116663761
9. LUCY reserves the right to accept or reject all or parts of this bid.