Expression of Interest (EoI) for acquisition of property
Insurance Institute of Uganda (IIU)
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.