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Expression of Interest (EoI) for acquisition of property


Insurance Institute of Uganda (IIU)

Category:
Bid notice date:
November 6th, 2017
Bid closing date:
November 15th, 2017
Bid document fee:
0 UGX
Bid security:
0 UGX
Procurement Ref No:
IIU/REAL/2017/01

The Insurance Institute of Uganda (IIU) was established in 1964 as

a training arm of the Uganda’s Insurance sector with a mandate to

carry out education, training and Professional development in the

sector. It is the representative professional body under the law.

IIU has embarked on the process of acquiring property to serve

as a home for the Insurance Institute of Uganda. This will improve

service delivery to its members and also cater for the increasing

number of programmes as it transforms into a college. The Institute

seeks Expressions of Interest from potential sellers individuals or

companies with;

·         Strategic land suitable for development

·         Developed or semi developed property easily convertible in to suitable premises for Institute’s home

PROPERTY SPECIFICATIONS

a) It should be distress free.

b) The land should be within a radius of 7Kms from Kampala -

CBD for ease of access by our members and clients

c) Neighborhood should be conducive to foster education and

training activities.

d) Easy to access by all our stakeholders.

e) Provision for growth and expansion of the Institute to have

conference facilities and other amenities.

f) The location should be in position to attract partnerships and

additional income.

g) The Ideal place should not be less than 1 Acre

h) Mailo tenure ownership or lease whose expiry period is above

70 years.

i) Land should be readily available for inspection.

j) In case of a developed property, there should be a provision for

enough parking space.

QUALIFICATION OF BIDDERS

a) Bidders may be individuals or corporate bodies.

b) The bidding Company/Individual should have Proof of

ownership.

c) Bidder should be mature and legally able to transact business

in Uganda.

d) In case of individual ownership of land, the bidder should be in

position to avail his/her National Identification Number.

The Insurance institute of Uganda now invites all eligible sellers

to submit their Expression of Interest (EoI) for the sale the above

mentioned property. The Expression of Interest will be conducted in

accordance with the IIU Procurement Policy.

Each Expression of Interest will be evaluated in accordance with the

IIU Procurement Policy and response to EoI advert.

 

Bidding Documents


No bidding documents have been included in this request for tenders.

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