Provision of Insurance Brokerage Services for a Three-Year Period - Tender Reference #TR2122-004

The National Insurance Board of Trinidad and Tobago (NIBTT) is a body corporate established by the National Insurance Act, Chap. 32:01. The NIBTT is responsible for the operation and administration of the National Insurance System (NIS) and hereby invites suitably qualified firms/individuals to submit proposals for the provision of the captioned services.

Collection of Proposal Documents

Request for Proposal (RFP) documents will be made available via email requests, upon the signing of a confidentiality agreement. It can be requested through the Manager Procurement - managerprocurement@nibtt.net Mondays – Fridays between 8:30 a.m. and 4:15 p.m. local time. The deadline date for requests is October 7th 2021 at 2:00p.m. local time.

Closure Date

The deadline date for submission of proposals is Thursday 28th October 2021 at 3:00 p.m. local time.

Evaluation Criteria

Proposals will be evaluated according to pre-defined criteria, which, in summary, are designed to determine:

  • Broker experience and record of past performance.
  • Broker's financial stability and viability.
  • Evaluation criteria.
  • Performance and financial stability and viability of companies selected on the insurance portfolio.
  • Quality management process and Customer Service process.
  • Value Proposition of Insurance coverage (Value for Money)
  • Value added services.

Submission Instructions

Proposals MUST be submitted via email only to Corporate Secretary by Thursday 28th October 2021 at 3:00 p.m. local time. All other requirements relative to the submission of proposals are outlined in the RFP document.

Should further information be required in respect of this advertisement, queries may be directed as follows:




The Manager Procurement
National Insurance Board of Trindad and Tobago
14-19 Queen’s Park East, Port of Spain
rramrattan@nibtt.net

 

 

 

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National Insurance Board of Trinidad and Tobago (NIBTT)