NIGER DELTA POWER HOLDING CO LTD (NDPHC)-INVITATION FOR PRE-QUALIFICATION
NIPP NDPHC
NIGER DELTA POWER HOLDING CO LTD
INVITATION FOR PRE-QUALIFICATION
1.0 INTRODUCTION
The Niger Delta Power Holding Company Limited (NDPHC), a holding company for the National Integrated Power Project in compliance with the Public Procurement Act (PPA) 2007, hereby invites reputable and interested contractors with the requisite expertise, experience and professional competence to submit pre-qualification documents for the provision of Insurance Underwriting Services and Tax Consultancy Services, as respectively outlined below:
2.0 SCOPE OF SERVICES
CATEGORY A – INSURANCE UNDERWRITING SERVICES
Interested Insurance Underwriters are invited to submit pre-qualification documents for the provision of insurance coverage under the following Lots:
Lot A1: Group Life Assurance
Lot A2: Comprehensive Motor Insurance
Lot A3: Property – Fire, Burglary and Special Perils
Lot A4: Marine Insurance
Lot A5: Power Plant All Risks
Bidders under Category A may submit pre-qualification bids for a maximum of two (2) Lots only. Bidders applying for more than one Lot shall submit separate pre-qualification documents for each Lot applied for.
IMPORTANT NOTICE TO TAKAFUL INSURANCE COMPANIES:
Duly licensed Takaful Insurance Companies are eligible to submit pre-qualification bids for Lot A2 – Comprehensive Motor Insurance ONLY. Takaful Insurance Companies shall not be eligible to submit bids for Lots A1, A3, A4 or A5 under this procurement exercise.
CATEGORY B – TAX CONSULTANCY SERVICES
Tax Consultancy Services
The engagement shall cover the provision of professional tax advisory and compliance services to support NDPHC in maintaining appropriate tax standing and meeting its applicable statutory tax obligations. The scope shall include, but not be limited to:
a. Provision of professional advice on applicable Federal and State tax laws, regulations and statutory tax obligations;
b. Review and support in the preparation and filing of applicable tax computations, returns and other statutory tax submissions;
c. Review of NDPHC’s tax positions and transactions to ensure compliance with applicable tax legislation;
d. Advisory and compliance support in respect of applicable taxes, duties and levies;
e. Support during tax audits, investigations, reconciliation exercises and engagements with relevant tax authorities;
f. Provision of professional advice on changes in tax legislation, regulations, circulars and fiscal policies and their implications for NDPHC’s operations;
g. Such other related tax advisory and compliance services as may be required by NDPHC.
3.0 ELIGIBILITY REQUIREMENTS: Interested firms shall submit the following documents:
3.1 GENERAL REQUIREMENTS APPLICABLE TO ALL BIDDERS
a. Evidence of Certificate of Incorporation issued by the Corporate Affairs Commission (CAC), including Forms CAC2 and CAC7 (or CAC 1.1);
b. Evidence of Company’s Income Tax Clearance Certificate for the last three (3) years valid till 31st December, 2026;
c. Evidence of Pension Clearance Certificate valid till 31st December, 2026, where applicable;
d. Evidence of Industrial Training Fund (ITF) Compliance Certificate valid till 31st December, 2026, where applicable;
e. Evidence of Nigeria Social Insurance Trust Fund (NSITF) Clearance Certificate valid till 31st December, 2026;
f. Evidence of registration on the National Database of Federal Contractors, Consultants and Service Providers by submission of a valid Interim Registration Report (IRR) or Certificate issued by the Bureau of Public Procurement (BPP);
g. Sworn Affidavit:
i. disclosing whether or not any officer of the relevant committees of NDPHC or the Bureau of Public Procurement is a former or present Director, shareholder or has any pecuniary interest in the bidder;
ii. confirming that all information presented in the bid is true and correct in all particulars;
h. Reference Letter from a reputable Commercial Bank in Nigeria indicating willingness to provide credit facility for execution of the assignment when needed;
i. Company Profile, including Curriculum Vitae (CV) of key personnel proposed for the assignment and copies of relevant professional and academic qualifications;
j. Verifiable documentary evidence of at least three (3) similar assignments executed within the last five (5) years, supported by Letters of Award/Engagement and evidence of satisfactory execution;
k. For Joint Venture/Partnership arrangements, a Memorandum of Understanding (MoU) clearly stating the respective responsibilities of the parties shall be provided. Relevant statutory compliance documents shall be submitted for each JV partner, as applicable.
3.2 ADDITIONAL REQUIREMENTS FOR INSURANCE UNDERWRITERS – CATEGORY A
In addition to the general requirements stipulated under Section 3.1 above, bidders applying under Category A shall submit:
a. Valid operational license issued by the National Insurance Commission (NAICOM) authorizing the bidder to undertake the relevant class(es) of insurance or Takaful business, as applicable;
b. Company’s NAICOM-approved Audited Accounts for the last three (3) years – 2023, 2024 and 2025;
c. Evidence of compliance with the applicable minimum capital and other prudential requirements prescribed by NAICOM for the relevant class(es) of insurance or Takaful business, as applicable;
d. Evidence of compliance with applicable solvency requirements prescribed by NAICOM;
e. Evidence of valid and adequate reinsurance treaty or Retakaful arrangements, as applicable, relevant to the class of insurance/Takaful business for which the bidder is applying;
f. Evidence of suitably qualified full-time personnel with cognate experience in the relevant class(es) of insurance;
g. Evidence of verifiable operational/office address in Nigeria;
h. Statement signed by the Company’s Chief Executive Officer confirming its staff strength and operational locations.
For the avoidance of doubt, Takaful Insurance Companies shall be eligible to participate in Lot A2 – Comprehensive Motor Insurance ONLY and shall not submit bids for any other Lot under Category A.
Insurance Underwriters shall be evaluated having regard to their regulatory standing, capital and solvency position, reinsurance arrangements, relevant underwriting capacity, technical personnel and demonstrated experience in the applicable class(es) of insurance.
For Lot A2 – Comprehensive Motor Insurance, eligible conventional Insurance Underwriters and Takaful Insurance Companies shall be evaluated against the applicable regulatory and prudential requirements prescribed by NAICOM for their respective operating models, in addition to the common technical requirements applicable to the Lot.
3.3 ADDITIONAL REQUIREMENTS FOR TAX CONSULTANTS – CATEGORY B
In addition to the general requirements stipulated under Section 3.1 above, bidders applying under Category B shall submit:
a. Evidence of registration/accreditation of the firm with the relevant recognized professional body for the provision of tax consultancy services in Nigeria, where applicable;
b. Evidence of current professional practicing license/certificate of the firm and/or lead Tax Practitioner, as applicable;
c. Evidence that key personnel proposed for the assignment possess relevant professional qualifications and membership of recognized taxation and/or accountancy professional bodies;
d. Firm profile demonstrating cognate experience in corporate taxation, tax advisory and statutory tax compliance;
e. Verifiable evidence of experience in handling tax audits, investigations, reconciliations and engagements with relevant Federal and State tax authorities;
f. Evidence of successful execution of at least three (3) similar tax consultancy assignments for corporate organizations within the last five (5) years;
g. Detailed Curriculum Vitae (CV) of key professional personnel proposed for the assignment demonstrating relevant experience in taxation, accounting, tax compliance and related advisory services.
Tax Consultants shall be evaluated having regard to their professional standing, relevant qualifications, depth of tax advisory and compliance experience, experience with corporate organizations, demonstrated understanding of the Nigerian tax environment, relevant similar assignments and competence of the proposed key personnel.
Note: All documents for submission must be transmitted with a Covering/Forwarding letter under the Company’s Letter Head Paper bearing amongst others, the Registration Number (RC) as issued by the Corporate Affairs Commission (CAC), Contact Address, Telephone Number (preferably GSM No.), and e-mail address. The Letterhead Paper must bear the Names and Nationalities of the Directors of the Company at the bottom of the page, duly signed by the authorized officer of the firm.
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