Ethiopian Electric Power (EEP) invites bids for consultancy services for actuarial valuations for employee benefits as per IAS 19

INVITATION FOR BIDS

Bid Number: EEP/NP/NCB/RFP/22/2018

Procurement of actuarial valuation for employee benefit as per IAS 19

Ethiopian Electric Power "EEP" has Commenced Implementation of International Financial Reporting Standard (IFRS) and has prepared IFRS based financial reports including conversion, comparative and annual reports.

As part of this process EEP has budget to be used for the procurement of consultancy service for actuarial valuations for employee benefit as per IAS 19 through National competitive bidding (NCB).

1.       Interested eligible bidders may obtain further information from Ethiopian Electric Power and inspect the Bidding Documents at the address given below from 8:00 AM to 5:00 PM. Monday to Friday excluding weekends and public holidays.

Ethiopian Electric Power Head Office-

Around Kotebe, infront of Metal Tools Factory, 1st Floor, office No. 201.

Attention: Ato Tsegay Teje national Procurement Manager

Telephone: +251-11 558 0627

Electronic mail address: 68tsegaye@gmail.com  or demishailu19@gmail.com

Addis Ababa, Ethiopia

2.       A complete set of bidding documents in English may be purchased by interested bidders to the above consultancy service and upon payment of a non-refundable fee of ETB 1,000 from the Ethiopian Electric Power in the name of the bidder. The method of payment shall be in cash or cashier's check or through telegraphic transfer to EEP Transmission Construction A/C No. 1000252665203, Commercial Bank of Ethiopia (CBE), starting from 6th April, 2026.

3.       Bids must be delivered before the closing date & time to the above mentioned address. All bids must be accompanied by a bid security in the form of Bank Guarantee as mentioned below.

4.       Bid proposals shall comprise One Original and one Copies of separately sealed technical (Qualification) and financial proposals by clearly mentioned on the tender document should be presented to the above mentioned address on or before 2:00 PM Local time (Addis Ababa) on 20 April 2026 G.C

5.       All Bids must be accompanied by a Bid Security birr 50,000.00 (fifty Thousand Birr). Electronic bidding will not be permitted. Late bids will be rejected.

6.       Bid will be opened in the presence of the bidder's or bidder's representatives who choose to attend on 20th April 2026 at 2:30 PM Local time (Addis Ababa).

7.       The Ethiopian Electric Power reserves the right to reject any or all bid.

Ethiopian Electric Power