CHEVRON NIGERIA LIMITED (CNL)
OPERATOR OF THE NNPC/CHEVRON JOINT VENTURE
TENDER OPPORTUNITY:
PROVISION OF 2021 CHEVRON NIGERIA LIMITED (NON-LIFE) NAIRA & DOLLAR OPERATIONAL INSURANCE PROGRAM
NIPEX TENDER NO.: CNL 00000205

1.0    INTRODUCTION:
Chevron Nigeria Limited (CNL), operator of the Nigerian National Petroleum Corporation (NNPC)/CNL Joint Venture, invites interested and prequalified companies for this tender opportunity for the Provision of 2021 Chevron Nigeria Limited (Non-Life) Naira & Dollar Operational Insurance Program.

The proposed contract term is 1(One) year with an option of 2 (Two) years extension (1+1).

2.0     SCOPE OF WORK:
The service shall include but not limited to the following classes of Insurance General and Third Party Liability insurance, CNL any EGTL Operational Insurance, Marine Cargo and Motor Vehicles.

For the Naira insurance policies, the insurer shall retain 100% of the risk and also liaise with the insurance Broker appointed by NNPC/CNL JV for the purpose of good underwriting claims administration, policy documentation, renewals, endorsements etc.

For the Dollar insurance policies, the Insurer may retain a percentage of the risk in Nigeria and reinsure the remainder of the risk with leading international underwriters. The insurer shall justify, by verifiable proof of evidence with NAICOM approval certification, that all in-country capacity for the risk has been utilized before it can re-insure the excess capacity with leading international underwriters. The Insurer shall liaise with the appointed Reinsurance Broker for the purpose of reinsurance with foreign Underwriters with minimum of ‘A’ rating by an international rating agency. The insurer shall also handle claims services, policy documentation renewals endorsement etc.

3.0     MANDATORY TENDER REQUIREMENTS:
(A)     To be eligible for this tender exercise, interested bidders are required to be pre-qualified in the 3.14.07: (Non-Life Insurance Services) category in NipeX Joint Qualification System (NJQS) database. All successfully pre-qualified and ‘live’ suppliers in this category by the bid close date will receive Invitation to Technical Tender (ITT).
(B)     To determine if you are pre-qualified and to view the product/service category you are listed for Open http://vendors.nipexjqs.com and access NJQS with your log in details Click on Products/Services Status tab to view your status and product codes.
(C)     If you are not listed in the product/service category you are registered with DPR to do business, please contact NipeX office at 8-10 Bayo Kuku Street, Ikoyi Lagos with your DPR certificate as evidence for verification and necessary update
(D)     To Initiate the JQS prequalification process, access www.nipex-ng.com click on services tab followed by NJQS registration.
(E)     To be eligible all tenders must comply with Nigerian Content requirements in the NipeX system.