Lucy Insurance S.C. invites interested and eligible bidders to participate in a second-round (Re-bid) open competitive tender for the supply of electric vehicles.

Description

INVITATION FOR OPEN RE-BIDS

(Ref No. LISC/HRL/009/2026)

Lucy Insurance S.C. invites interested and eligible bidders to participate in a second round (Re-bid) open competitive bid for the supply of Electric Vehicles.

1. VEHICLE REQUIREMENT

  • Model: BYD E2
  • Year of Manufacture: 2025
  • Quantity: 3

S.No

Specification

Description

1.

Body Structure

5 doors 5 seats hatchback car

2.

Fuel Type

Pure electric

3.

Motor Power

70 kW/95PS

4.

NEDC Range

401 km

Detailed technical specifications are provided in the bid document.

2. BID DOCUMENT PURCHASE

The bid document can be obtained from the Company's Finance and Investment Department, located at Lucy Insurance S.C. Head Office, 5th Floor, in front of Capital Hotel (Hayahulet, adjacent to Waryt Building), upon payment of a non-refundable fee of ETB 300.00 (Three Hundred Birr).

3. BID SUBMISSION AND OPENING

The bid remains floating from May 3, 2026 up to May 18, 2026 and will be closed on May 18, 2026 in the morning at 10:00 AM, and opened in the presence of bidders or their representative on the same date at 10:30 AM at the Company's Board Room, 6th floor.

4. BID SECURITY

The bid must be accompanied by a bid security in the amount of Birr 100,000.00 (One Hundred Thousand) in the form of unconditional Bank Guarantee or Cash Payment Order (C.P.O).

5. SUBMISSION REQUIREMENTS

  • All bidders must submit their bid documents in the tender box prepared for this purpose at Lucy Insurance S.C. Head Office, 3rd Floor, HR and Logistics Department, during office hours on or before May 18, 2026, at 10:00 AM.
  • Bidders must submit separate Technical Proposals and Financial proposal (Original & Copy for each) including VAT.
  • Proposals must be submitted in separate sealed envelopes, clearly marked:
  • "Technical Proposal"
  • "Financial Proposal"
  • All envelopes must be enclosed in a single outer envelope clearly indicating the bidder's name and address

6. ELIGIBILITY REQUIREMENTS

Bidders must submit copies of:

  • Valid Trade License
  • Tax Clearance Certificate
  • VAT Registration Certificate

7. COMPLIANCE

Failure to comply with any of the above requirements shall result in automatic rejection of the bid.

8. ADDITIONAL INFORMATION

Interested bidders may obtain further information from the Human Resource and Logistics Department.

Tel: 011-470 3361

9. RIGHTS OF THE COMPANY

Lucy Insurance S.C. reserves the right to accept or reject any or all bids, in whole or in part.

SELECTION CRITERIA

Bids will be evaluated based on the following criteria

S.NO

Criteria

Weight

 

A. Technical Evaluation

70%

1.

Company profile /Experience of the company in a business

10%

2.

After-sales service & Availability of spare parts

15%

3.

Availability (In-Stock /Immediate Delivery)

30%

4.

Warranty of the battery

15%

 

B. Financial Evaluation

30%

 

Total

100%

 


Tender details

  • Deadline: 2026-05-18
  • Bid closing time: 10:00
  • Bid opening: 2026-05-18 10:30
  • Region: Addis Ababa
  • Publishing entity: Lucy Insurance S.C.
  • Bid bond: 100,000.00 Birr
  • Bid document price: 300.00 Birr
  • Published: May 03, 2026
  • Posted at: 2026-05-06T07:25:07.000Z

Categories

Source

2merkato

Always verify against the original notice before bidding.

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