Standard Insurance S.C (SISCO) is newly established insurance Company since October 2025, is invites competitive bidders to Submit their Proposal for Supply, Installation and Commissioning of Digital Insurance System.
BID INVITATION Open Tender
(Ref No. SISC/HCPM/002/2026)
Standard Insurance S.C (SISCO) is newly established insurance Company since October 2025, is invites competitive bidders to Submit their Proposal for Supply, Installation and Commissioning of Digital Insurance System.
1. Basic requirements:
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Name of Purchaser
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Standard Insurance Company S.C.
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Contact and address
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Addis Ababa Ethiopia Tel: Tel: 0964182218
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Email: bid@standardinsurancesc.com Location: Infront of kebena Medanihalem Church or Beside Indian International school
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RFP No.
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HCPM/002/2026
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Name of the Project
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Supply, Installation and Commissioning of Digital Insurance System
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Release Date of RFP
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April 01,2026
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Last date to receive Pre-bid queries
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April 20,2026, 5:00 PM
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Response to pre-bid queries
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April 22,2026, 5:00 PM
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Bid Closing Date
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April 30,2026, 10:00 AM
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Bid Opening Date
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April 30,2026, 10:30 AM
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Place for submission of bids
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Standard Insurance S.C.
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Bid security /bid bond
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300,000.00 in ETB or its equivalent in USD
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Correspondence details for queries and any other information
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Standard Insurance S.C. Head Office bid@standardinsurancesc.com Tele. 0964 182 218
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Nature of bid process
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Two cover system - Technical and commercial proposals
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Proposal Evaluation Process
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Quality and Cost Based System (QCBS) of evaluation 70/30 (70 points for technical proposals and 30 points for commercial proposals)
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Ø The bidders shall have valid and renewed trade license, VAT and TIN certificates & Tax clearance Certificates (should be attached with the technical document).
Ø The bid document can be obtained from the company finance and investment department upon payment of non- returnable fee of ETB 500.00 (Five Hundred Birr) inclusive of VAT.
Ø Foreign bidders should have local representative.
Ø Bidders that do not fulfill the bid requirements will be disqualified;
Ø Standard Insurance S.C. reserves the right to accept or reject the bid partially or fully
Address: Standard Insurance S.C. Head Office, Human Capital and Property Management Department 1st floor, located around Kebena Medhanialem, on the road to Ras Amba Hotel/besides Indian International School
Telephone +251 964182218
Addis Ababa, Ethiopia
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