KENYA REINSURANCE CORPORATION LIMITED TENDER OCTOBER 2025
REQUEST FOR PROPOSAL (RFP)
Date: OCTOBER 2025
Reference No. KRC/2025/2636/336
Name of Assignment: REQUEST FOR PROPOSAL (RFP) FOR PRROVISION OF CONSULTANCY SERVICES FOR ASSET
VALUATION
TO: ALL BIDDERS
Dear bidder,
1. The Kenya Reinsurance Corporation Limited has set aside funds in its budget toward the cost of the
subject consulting services.
2. The Procuring Entity now invites proposals to provide the following consulting services (here in after
called “the services”):Provision of consultancy services for asset valuation. More details on the
Services are provided in Section 8 Terms of Reference.
3. This Request for Proposals (RFP) has been addressed to all qualified Consulting Firms:
4. If a Consultant is a Joint Venture (JV), the full name of the JV shall be used and all members, starting with
the name of the lead member. Where sub-consultants have been proposed, they shall be named. The
maximum number of JV members shall be specified in the DS.
5. It is not permissible to transfer this RFP to any other firm.
6. A firm will be selected under Quality Based Selection (QBS) method and in a format as described in this
RFP, in accordance with the Public Procurement and Asset Disposal Act 2015, a copy of which isfound at
the following website: www.ppra.go.ke.
7. The: Section 1: Letter of Request for Proposals
Section2: Instructions to Consultants and Data Sheet Section 3: Technical Proposal Standard Forms
Section 4: Financial Proposal Standard Forms Section 5: Terms of Reference
Section 6: Standard Forms of Contract (Lump-Sum)
8. Please inform us in writing at the address below or by E-mail procurement@kenyare.co.ke
a) That you have received this Request for Proposals; and
b) whether you intend to submit a proposal alone or intend to enhance your experience by
requesting permission to associate with other firm(s) (if permissible under Section 2, Instructions
to Consultants (ITC), Data Sheet14.1.1).
9. Details on the proposal’s submission date, time and address are provided in the ITC 17.7and ITC 17.9 of
the Data Sheet.
Yours sincerely,
Managing Director
Kenya Reinsurance Corporation, Ltd
Reinsurance Plaza, along Aga Khan Walk & Taifa Road, Nairobi, Kenya
P.O. Box 30271 – 00100 NAIROBI
Telephone: +254 703 083 000,
Kenyare@kenyare.co.ke
A. Address for Submission of Tenders.
To The Managing Director,
Kenya Reinsurance Corporation Limited,
P.O.BOX 30271 – 00100,
Nairobi – Kenya.
14th Floor – Reinsurance Plaza Nairobi
Taifa Road, Nairobi CBD
0703 083 000 – procurement@kenyare.co.ke
B. Address for Opening of Tenders
Kenya Reinsurance Corporation Limited,
P.O.BOX 30271 – 00100,
Nairobi – Kenya.
17th Floor – Reinsurance Plaza Nairobi
Taifa Road, Nairobi CBD
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