PROCUREMENT OF CONSULTANCY SERVICES TO REVIEW THE FINANCIAL SERVICES AUTHORITY’S SOLVENCY AND CAPITAL REQUIREMENT FRAMEWORK FOR THE INSURANCE SECTOR AND TO DRAFT THE NEW INSURANCE SOLVENCY AND CAPITAL REQUIREMENTS REGULATIONS.

Closing Date:
Tender closed.

The main objective of the Consultancy Services is to provide the FSA with professional expertise to modernise and strengthen the regulatory framework related to the Insurance Solvency and Capital requirements within the sector.

The Expression of Interest (“EOI”) document contains the following:

  • Background and Objective of the Consultancy Services
  • Terms of Reference (“TOR”)
  • Submission Requirement
  • Qualification Criteria
  • Evaluation Criteria

The EOI document can be requested at the email address specified below or collected from the FSA’s Procurement Unit, Sunshine Commercial Building, Providence Industrial Estate as from Monday 05th August, 2024 to Friday 16th August, 2024 between 0900Hrs to 1500Hrs Local Time. It is compulsory for all interested applicants to request or collect the EOI Document before submitting any responses to this EOI. All request and enquiries should be addressed to:

Procurement Unit

Financial Services Authority

Sunshine Commercial Building

Providence Industrial Estate

Phone: +248 4380800

Email: procurement@fsaseychelles.sc

 

All interested parties should convey their interest to the Chief Executive Officer of the Financial Services Authority by email at procurement@fsaseychelles.sc with the heading “Consultancy Services to review the Financial Services Authority’s (“FSA”) Solvency and Capital Requirement Framework for the Insurance Sectorand to draft the new Insurance Solvency and Capital Requirements Regulations no later than 1200Hrs Local Time on Friday 23rd August, 2024. No responses will be accepted after the set deadline.   

Only the applicants meeting the qualification criteria shall be shortlisted. Bid Document will be subsequently issued to the shortlisted applicants only.