Firms seeking to undertake the upgrade of Jomo Kenyatta International Airport will be required to meet stringent financial and technical conditions, according to tender evaluation requirements issued by the Ministry of Roads. 
By Fredrick Kioko,
Firms seeking to undertake the upgrade of Jomo Kenyatta International Airport will be required to meet stringent financial and technical conditions, according to tender evaluation requirements issued by the Ministry of Roads.
Prospective bidders must demonstrate access to at least KSh100 billion in cash or liquid assets and provide a tender security of KSh2.5 billion, valid for 210 days from the date of tender opening.
Under the payment structure, the successful contractor will receive an upfront payment equivalent to 10 percent of the contract value upon providing a bank guarantee. An additional 20 percent will be released once the project reaches 50 percent completion or after 18 months, whichever comes later.
A further 25 percent will be paid upon official handover of the project, while the remaining 45 percent will only be released after the defects liability period has lapsed and a performance certificate has been issued.
Interested firms must also submit a formal letter accepting the deferred payment terms, signed by an authorised company representative. Other mandatory requirements include a valid registration certificate from the National Construction Authority (NCA), a valid tax compliance certificate from the Kenya Revenue Authority (KRA), and a CR12 document confirming the company's legal status and ownership structure.
In addition, bidders must provide a power of attorney authorising the tender signatory to act on behalf of the company. A qualified engineer or architect designated by the bidder will also be required to attend site meetings and submit a signed site visit certificate as part of the tender documents.
