Tenders/PROVISION OF COMPREHENSIVE MOTOR INSURANCE COVERAGE FOR BORNO L-PRES PROJECT – 2026 (TWO (2) UNITS OF 4X4 TOYOTA HILUX VEHICLES AND ONE (1) UNIT OF A 14-SEATER BUS)
Awarded🇳🇬NigeriaServices

PROVISION OF COMPREHENSIVE MOTOR INSURANCE COVERAGE FOR BORNO L-PRES PROJECT – 2026 (TWO (2) UNITS OF 4X4 TOYOTA HILUX VEHICLES AND ONE (1) UNIT OF A 14-SEATER BUS)

About This Opportunity

Contract Award | Project: Livestock Productivity and Resilience Support Project | Method: Request for Quotations | Ref: NG-BORNO L-PRES-543976-NC-RFQ

This is a services contract in the transport and logistics, agriculture and food security and information and communication technology 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 transport and logistics 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-BORNO L-PRES-543976-NC-RFQ
Procurement Method:RFQ-Request for Quotations
Scope of Contract:PROVISION OF COMPREHENSIVE MOTOR INSURANCE COVERAGE FOR BORNO L-PRES PROJECT SCO - 2026 (TWO (2) UNITS OF 4X4 TOYOTA HILUX VEHICLES AND ONE (1) UNIT OF A 14-SEATER BUS)
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2026/04/01
Duration of Contract

30 Day(s)
Awarded Bidder(s):
NIGERIAN AGRICULTURAL INSURANCE CORPORATION (1132810)
PLOT 590, ZONE AO, CENTRAL AREA, ABUJA-NIGERIA
Country: Nigeria

Bid Price at Opening
NGN 14739200.00

Evaluated Bid Price
NGN 14739200.00

Signed Contract price
NGN 14739200.00

Evaluated Bidder(s):
UNIVERSAL INSURANCE PLC (911157)
D110, RAMAT SHOPPING COMPLEX, SIR KASHIM IBRAHIM WAY, MAIDUGURI, BORNO STATE
Country: Nigeria

Bid Price at Opening
NGN 18050000.00

Evaluated Bid Price
NGN 18050000.00


NICON INSURANCE LIMITED (1132809)
NICON PLAZA, PLOT 74 INDEPENCE AVENUE WAY, CENTRAL BUSINESS DISTRICT, FCT-ABUJA
Country: Nigeria

Bid Price at Opening
NGN 19143000.00

Evaluated Bid Price
NGN 19143000.00


BONDWELL INSURANCE BROKERS LIMITED (1132811)
GARKI 2, WUSE, ABUJA
Country: Nigeria

Bid Price at Opening
NGN 16581600.00

Evaluated Bid Price
NGN 16581600.00


GMW INSURANCE BROKERS LIMITED (1132812)
GARKI, ABUJA
Country: Nigeria

Bid Price at Opening
NGN 17502800.00

Evaluated Bid Price
NGN 17502800.00


Data provenance

This notice is sourced from WB - World Bank and was originally published on October 5, 2026. Last refreshed 13 days ago. Reference: OP00473250. 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 378 procurement notices on BidsFactory, including 6 currently open and 328 awarded contracts. Activity concentrates in Transport & Logistics, Infrastructure, and Agriculture & Food Security. All notices are published for Nigeria. Notices are distributed via WB - World Bank. Most recent publication: October 19, 2026.

Frequently asked questions about this tender

How can I submit a bid?

Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00473250 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to NIGERIAN AGRICULTURAL INSURANCE CORPORATION. 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 Transport & Logistics sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

NIGERIAN AGRICULTURAL INSURANCE CORPORATION was awarded the contract for €14,739,200. 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.

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