Bid document for provision of transaction advisory services to facilitate our registration in the capital market

BID INVITATION 

Open Tender 

                                       (Ref No. SISC/HCP/002/265)   

Standard Insurance S.C (SISC) invites competitive bidders to Submit Proposal for Transaction Advisory Services for Capital Market Registration   

Standard Insurance S.C. is newly established insurance Company since October 2025, is pleased to invite your esteemed firm to participate in Open tender process for the provision of Transaction Advisory Services to facilitate our registration in the capital market.   

As per Proclamation No. 1248/2021 and Directive No. 1030/2024, the registration of securities in the Capital Market Authority is mandatory. To ensure compliance and a seamless process, we are seeking a licensed Transaction Advisor with proven expertise in capital market registrations to provide end-to-end advisory services.   

  1. Scope of Services Required:  
  • Guidance on regulatory requirements under Proclamation No. 1248/2021 and Directive No. 1030/2024.   
  • Preparation and submission of all necessary documentation for capital market registration.   
  • Advisory on best practices for a successful and timely registration process.   
  1. Basic requirements:
  • The transaction advisor be registered with the Ethiopian capital market authority (ECMA) 
  • The bidders shall have valid and renewed trade license, VAT and TIN certificates & Tax clearance Certificates (should be attached with the technical document).   
  • Bidders must be supported with Birr 100,000.00 Bid Security Bond in the form of CPO in favor of Standard Insurance S.C in separate envelope. 
  • Bidders shall submit their Technical and Financial proposals separately at Standard Insurance S.C. Head Office, HR and Property management Department 1rd floor, located around Kebena Medhanialem, on the road to Ras Amba Hotel/besides Indian International School beginning from January 12, 2026 up to January 15, 2026 and will be closed on January 20, 2026 afternoon 8:00 Local time, and opened in the presence of bidders or their representative on the same date at 8:30 Local time at the Company’s Meeting room. 

 

  • Bidders that do not fulfill the bid requirements will be disqualified; 
  • Standard Insurance S.C. reserves the right to accept or reject the bid partially or fully 

Eligibility criteria 

  • Demonstrated experience’s in transaction advisory services, particularly in capital market registration 
  • Knowledge  of Ethiopian capital market regulation and procedures 
  • Adequate professional qualifications and certifications 
  • Present a qualified multidisciplinary team (financial, legal, and regulatory expert  

Address:  Standard Insurance S.C. Head Office, HR and Property Management Department 1rd floor, located around Kebena Medhanialem, on the road to Ras Amba Hotel/besides Indian International School  

Telephone +251 964182218 

Addis Ababa, Ethiopia 

Share with your network