Expression of Interest For Provision Of Operational Insurance Cover For 2025/2026 To Aums Geofields (T) Limited Operations At Geita Gold Mine In Tanzania.
Expression of Interest For Provision Of Operational Insurance Cover For 2025/2026 To Aums Geofields (T) Limited Operations At Geita Gold Mine In Tanzania.
Expression of Interest for provision of operational insurance cover for 2025/2026 to AUMS Geofields (T) Limited operations at Geita Gold Mine in Tanzania. Please submit an EOI on your company letterhead with the following mandatory information: Company Profile. Shareholders IDs. directors list, organogram, number of employees with a foreign to national ratio indicated Valid tax Compliance. VAT registration & TIN certificates Certificate of Incorporation. Valid Business Permit/ Licenses Bidder should have non-life general Insurer (excluding health) accreditation within Tanzania for the last ten consecutive years, which is valid as of the bid submission date. Bidder must have placed at least three Comprehensive Assets All Risk Package Policy of a minimum sum insured of TZS50bili for any single location in Tanzania executed as Insurer in Oil /Energy/Mining Sector in any of the last three financial years (i.e.. FY 2022, FY 2023. FY-2D24) Summary of Court proceedings (pending and completed), court judgments and/or insolvency/ bankruptcy proceedings if any, against your company and or any of your shareholders, directors and/or senior leadership/management team over the last 3 years. The net worth of the Bidder for the last three financial years (i e FY 2022. FY 2023 & FY 2024)- Average for three years Minimum Tsh. 50 bln (Net worth appearing in the annual accounts of the Bidder shall be considered). The minimum solvency ratio (avg. of all quarters of the last three financial years i.e.. FY 2022. FY 2023 & FY 2024 of the Bidder should be at least 1.5. (Solvency ratio as declared to TlRA shall be considered). The bidder should have underwriting profit in the last three financial years i e . FY 2022. FY 2023 & FY 2024). (Underwriting Profit appearing in the annual accounts of the Bidder shall be considered). Key Employees CV & Certificates Occupational Health. Safety and Environmental Tender Link : https://epaper.nation.africa/tz
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