Here is the organized summary of the Invitation to National Competitive Bid (NCB) for Water Well Drilling from the Ethiopian Insurance Corporation (EIC):
📰 Invitation to National Competitive Bid: Water Well Drilling
| Section |
Detail |
| Issuing Organization |
Ethiopian Insurance Corporation (EIC) |
| Project Description |
Drilling and construction of two (2) Water Wells |
| Project Locations |
1. Lagar (Head Office Premises) 2. Kality (Sport Center Premises) in Addis Ababa. |
| Bidding Procedure |
Open National Competitive Bidding (NCB) |
| Bid Document Fee |
ETB 400.00 (Four hundred birr only) – Non-refundable |
| Bid Submission Deadline |
December 26, 2025, on or before 2:30 PM (afternoon) |
| Technical Bid Opening |
December 26, 2025, at 3:00 PM (afternoon) |
| EIC’s Right |
EIC reserves all rights to accept or reject any or all bids without giving any reason. |
📜 Eligibility and Mandatory Requirements
1. Contractor Eligibility
2. Documentary Evidence
Bidders must submit copies of the following:
-
Renewed Business License and Commercial Registration Certificate.
-
VAT Registration Certificate and TIN Certificate.
-
Renewed appropriate water works registration certificate from the Construction Authority or Regional Water Bureaus.
3. Bid Security (Bid Bond)
-
Amount: ETB 350,000.00 (Three Hundred Fifty Thousand Birr Only).
-
Form: CPO or unconditional bank guarantee issued by an Ethiopian Bank.
-
Validity: The security must be valid for twenty-eight (28) days beyond the bid validity period.
-
Bid Validity: Bids shall be valid for a period of One Hundred Twenty (120) days after bid opening.
⚙️ Submission Details
| Action |
Location |
| Obtaining Bidding Documents |
EIC Head Office, Finance Department 1st Floor, Room No 105 (during working hours starting from the publication date). |
| Proposal Delivery |
EIC Head Office, Procurement and Property Management Office 1st floor, Room No 108. |
| Bid Opening |
EIC Head Office, first floor, Room No 104 (in the presence of bidders/legal representatives). |
Submission Format
Bidders are requested to offer one original and one copy of their proposals, sealed as follows:
-
Technical Proposal: Sealed in a separate envelope, clearly labeled “Technical” and “Original/Copy”.
-
Financial Proposal: Sealed in a separate envelope, clearly labeled “Financial” and “Original/Copy”.
-
CPO: Sealed in a separate envelope.
-
Outer Envelope: All sealed envelopes must be sealed in one bigger envelope.
📞 Contact Information
-
Address: Ethiopian Insurance Corporation (HQ), Lagar, Ras Mekonen Avenue, Addis Ababa, Ethiopia.
-
Telephone: +251 11 5 514931
