Bid securities should be from a reputable bank, insurance company (approved by PPRA) or in the form of cash or letter of credit. Here is the latest list of all approved tender/bid security providers as provided by PPRA.
2019 was a difficult year for most businesses in Kenya. Doing business has always been difficult and especially so for SMEs… As we begin 2020, we have been hard at work building a solution that will be integral to your success this year.
All seasoned entrepreneurs understand that it takes a mix of experience, research and, at many times, outright gut feeling to know whether the cost you have put in your bid proposal gives you the best chance of winning the job.
With over KSh 300 billion worth of government tenders set aside every year for AGPO companies to win, we believe there is a need for more enterprises to participate in public procurement and get a share of this.