Tenders/Provision of Comprehensive Insurance for Two (2) Newly Acquired Project Utility Vehicles
Awarded🇳🇬NigeriaServices

Provision of Comprehensive Insurance for Two (2) Newly Acquired Project Utility Vehicles

This tender has been awarded

Awarded to METI INSURANCE — $11,676,450

About This Opportunity

Contract Award | Project: Livestock Productivity and Resilience Support Project | Method: Request for Quotations | Ref: NG-EKITI L-PRES-493076-NC-RFQ

This is a services contract in the infrastructure, transport and logistics and agriculture and food security sectors. Located in Nigeria, Africa, this opportunity is open to firms and consortiums.

Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for services in the infrastructure sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.

Description

Project: Livestock Productivity and Resilience Support Project

Contract Award

Project:P160865-Livestock Productivity and Resilience Support Project
Loan/Credit/TF Info:IDA-70570
Bid/Contract Reference No:NG-EKITI L-PRES-493076-NC-RFQ
Procurement Method:RFQ-Request for Quotations
Scope of Contract:Provision of Comprehensive Insurance for Two (2) Project Vehicles (Toyota Hilux)
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/06/26
Duration of Contract

365 Day(s)
Awarded Bidder(s):
METI INSURANCE (1077461)
Suite D72 Extension, Area 11, Garki District, Abuja
Country: Nigeria
Bid Price at Opening
NGN 11676450.00

Evaluated Bid Price
NGN 11676450.00
Signed Contract price
NGN 11676450.00

Evaluated Bidder(s):
LEADWAY ASSURANCE (1077459)
Leadway House, Funso Williams Avenue, Iponri, Lagos State
Country: Nigeria
Bid Price at Opening
NGN 14011740.00

Evaluated Bid Price
NGN 14011740.00

AFRICAN ALLIANCE INSURANCE (1077440)
54, Awolowo Road, ikoy, Lagos state
Country: Nigeria
Bid Price at Opening
NGN 15568600.00

Evaluated Bid Price
NGN 15568600.00

Data provenance

This notice is sourced from WB - World Bank and was originally published on April 9, 2026. Last refreshed 4 days ago. Reference: OP00437515. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Livestock Productivity and Resilience Support Project

Livestock Productivity and Resilience Support Project has issued 161 procurement notices on BidsFactory, including 3 currently open and 137 awarded contracts. Activity concentrates in Transport & Logistics, Agriculture & Food Security, and Construction & Civil Works. All notices are published for Nigeria. Notices are distributed via WB - World Bank. Most recent publication: June 16, 2026.

Frequently asked questions about this tender

Is this tender still open?

No — the contract has already been awarded to METI INSURANCE. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Livestock Productivity and Resilience Support Project in Nigeria. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Infrastructure sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

METI INSURANCE was awarded the contract for $11,676,450. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Nigeria. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00437515 when communicating with the contracting authority.

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Key Details

Contract Type
Services
Eligibility
Firms / Consortiums
Language
English
Reference
OP00437515

Source

w
world_bank
Official Source

Contracting Authority

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