2019 Tender Announcement for Comprehensive Property Insurance and Machinery Breakdown Insurance

In accordance with the Tendering and Bidding Law of the People’s Republic of China and other relevant regulations, China National Heavy Duty Truck Group Liuzhou Yunli Special Vehicle Co., Ltd. is conducting an open tender for the “Comprehensive Property Insurance and Machinery Breakdown Insurance” coverage for its assets. Qualified insurance companies are invited to submit bids.

 

(1) Tendering Method: Open Tender

 

(2) Scope of the Tender: Coverage under comprehensive property insurance and machinery breakdown insurance for the assets of China National Heavy Duty Truck Group Liuzhou Yunli Special-Purpose Vehicle Co., Ltd. and its subsidiary, China National Heavy Duty Truck Group Liuzhou Yunli Kodiak Machinery Co., Ltd.

 

(3) Bid Pricing Requirements: For each project, quotations shall be provided separately for deductible and non-deductible coverage, with premium rates entered as the annual rate.

 

(4) Qualification Requirements for Bidders

 

1. Complies with Articles 25 and 26 of Chapter III of the Bidding and Tendering Law of the People’s Republic of China.

 

2. Bidders shall be established with the approval of the insurance regulatory authority.

 

3. Registered in Liuzhou City, with strong financial strength and sound asset conditions. Has not been penalized by the insurance regulatory authority during the year and has no record of material violations of financial or fiscal laws and regulations. Possesses robust risk management capabilities, solid operating performance, and a favorable business outlook.

 

4. Bidders shall strictly comply with national laws and regulations, internal management standards, and robust internal control systems, and shall maintain stringent operating procedures and confidentiality measures.

 

(5) Bidding Period: From 9:00 a.m. on December 12, 2018, to 5:00 p.m. on December 20, 2017 (9:00 a.m.–12:00 p.m. and 2:00 p.m.–5:00 p.m., except on public holidays).

 

(6) Registration Location: Finance Department, China National Heavy Duty Truck Group Liuzhou Yunli Special Vehicle Co., Ltd. (No. 12, Leye Road, Xinxing Industrial Park, Liuzhou City, Guangxi Province)

 

(7) The following documents shall be submitted upon registration:

 

1. Photocopies of the business licenses of the head office and its branches (with the official seal affixed)

 

2. Photocopy of the bidder’s tax registration certificate (with official seal affixed)

 

3. A copy of the business license for insurance operations of the branch institution (with the official seal affixed)

 

4. Original and photocopy (with official seal) of the authorization letter for the head of the branch office and the identity card of the authorized representative (Form 4).

 

(8) Bid opening time: 10:00 a.m. on December 12, 2018.

 

(9) Deadline for Submission of Bids: 5:00 p.m. on December 20, 2018. Any bid documents submitted after the deadline or failing to comply with the specified requirements will not be accepted.

 

(10) Bid opening time: 10:00 a.m. on December 21, 2018 (tentative).

 

(11) Bid Opening Location: Conference Room 309, 3rd Floor, Liuzhou Yunli Special-Purpose Vehicle Co., Ltd., China National Heavy Duty Truck Group

 

(12) This tender notice is published on our company’s website at http://www.yunli.cn.

 

(13) Contact for registration and issuance of tender documents: Huang Zhongyu

 

Contact number: 0772-3269388.