HomeIndustry SectorsGenerationTender news: Nigeria: Petroleum Equalisation Fund Board seeks solar inverters

Tender news: Nigeria: Petroleum Equalisation Fund Board seeks solar inverters

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Submission deadline is 25 August 2015, 11:00am

Tender deadline: 25 August 2015, 11:00am-Closed

In Nigeria, the Petroleum Equalisation Fund (management) Board, a statutory agency of the Federal Ministry of Petroleum Resources, is seeking the procurement of solar powered inverters.

Lot 6: Procurement of Solar Powered Inverters

Solar activity in Nigeria

Located on the Tropic of Cancer, Nigeria has an “an above average level of direct solar radiation” according to Rasheed Olaoluwa, managing director and CEO of Nigeria’s development financing institution, Bank of Industry.

The finance institution has recently called for the empowerment of rural communities through affordable off-grid solar power for home systems operated on Pay-As-You-Go (PAYG) basis.

ESI Africa reported that The PAYG technology was the ‘magic wand’ employed by the telecommunication industry to drive the rapid growth in GSM (global system for mobile communication) subscription across Africa over the last decade and half.

According to Olaoluwa, PAYG addresses two problems; firstly, the cash flow constraint for the customer, and secondly, the credit risk management issue for the service provider.

What to include in your tender application

In compliance with the Procurement Act 2007, the solar inverter tender documents should include the following:

  1. Evidence of Incorporation/Registration with Corporate Affairs Commission
  2. Company Current-Tax Clearance Certificate for the last three years (2012-2014)
  3. Company Audited Account for the last three years (2012-2014)
  4. VAT registration and evidence of remittances in the last three years (2012-2014) to be attached
  5. List of similar, successfully executed projects or on-going by the company with letters of award and completion certificates. Letters of award and interim certificates of payment should be attached for projects that are on-going. These shall also be subject to verification and confirmation from the organisation
  6. List of Managerial, Key Technical and Administrative staff of the company which should include names, curriculum vitae and copies of certificates for each key staff member
  7. Evidence of compliance with Pension Reform Act 2014
  8. Evidence of compliance with the provisions of the industrial Training Fund Amendment Act
  9. Evidence of compliance with the Financial Reporting Council of Nigeria
  10. Evidence of registration on the National Database of the Bureau of Public Procurement for Contractors, Consultants & Service Providers
  11. Evidence of partnership with Original Equipment Manufacturers
  12. Provision of tender with the best warranty possible

Where to collect the tender documentation

The tender documents can be obtained from the Procurement office on the second floor at the Board’s Head Office (see address below). A non-refundable fee of N10,000 ($50) is required per each tender. Proof of payment must be attached to the submitted tender document.


Plot 542, Cadastral Zone,

BO9 Kado/Mabushi Road, Abuja

For payment enquiries please call: (+ 234) (09) 4603-6105/9, (+234) 08077097124, 08077097126

Submit proposal

Technical and financial documents are to be inserted in two separate envelopes and clearly marked technical and financial respectively with the correct lot name and number.

Both envelopes are to be addressed to:

The Executive Secretary

Petroleum Equalisation Fund (Mgt) Board

Plot 542, Cadastral Zone Kado/Mabushi Road, Abuja

The back of each envelope must be clearly marked with the name of the company submitting the tender, the mailing address and contact phone number (preferably a mobile phone number).

Important notice

  • Only technically qualified companies will be contacted for the financial bid opening while the financial bids of companies not found technically qualified shall be returned unopened.
  • Late submissions shall be rejected.
  • The submission of tender is neither a commitment nor an obligation to award a contract to any company.
  • This advertisement is published for information purposes only and should not be construed as a commitment on the part of the Board, nor shall it entitle any contractor to make any claims.
  • The Board reserves the right to annul the biding process at any time without incurring any liabilities and assigning any reason thereto.

More tenders

  • Tanzania: Tenders are invited for Installation of solar power Systems for School Connectivity Project. Deadline: 31 August 2015
  • South Africa: Tenders are invited for the Provision of alternative energy solutions (solar), which is able to provide power to aquaculture production facilities in Graaf-Reinet, Eastern Cape. Deadline: 24 July 2015
  • Zimbabwe: Request for pre-qualification for Provision of Solar Panels and Accessories. Deadline: 31 July 2015

For full details on these tenders and more tender news, see our tender subscription service.

Ashley Theron
Ashley Theron-Ord is based in Cape Town, South Africa at Clarion Events-Africa. She is the Senior Content Producer across media brands including ESI Africa, Smart Energy International, Power Engineering International and Mining Review Africa.