NSSF floats new tender for Hazina expansion

Labour Cabinest Secretary Kazungu Kambi (L) with the National Social Security Fund (NSSF) CEO Tom Odongo (R) during the commissioning of construction work for the 39 storey Hazina Trade Center, what is set to be potentially the third tallest building in Africa in downtown Nairobi. June 12, 2013.

By  NATION CORRESPONDENT

What you need to know:

  • The National Social Security Fund has opened a fresh tender for the extension of Hazina Towers and the construction of Mavoko City.
  • Bidders are required to have developed and commissioned at least three projects of residential housing of a minimum equivalent to Sh20 billion each or one single residential housing project of not less than Sh60 billion.
  • “The bidding consortium must also incorporate local consultants already registered with the Board of Registration of Architects and Quantity Surveyors of Kenya,” NSSF said.

The National Social Security Fund (NSSF) has opened a fresh tender for the extension of Hazina Towers and the construction of Mavoko City.

In a newspaper advertisement Thursday, NSSF called for firms interested in joint venture property development in Nairobi central business district and Mavoko County to send in bids before November 29.

Bidders are required to have developed and commissioned at least three projects of residential housing of a minimum equivalent to Sh20 billion each or one single residential housing project of not less than Sh60 billion.

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Local consultants

“The bidding consortium must also incorporate local consultants already registered with the Board of Registration of Architects and Quantity Surveyors of Kenya,” NSSF said.

The tenders for the Sh6.7 billion extension of Hazina Towers to 39 storeys and Sh80 billion Mavoko City had been awarded but were cancelled by Labour cabinet secretary Kazungu Kambi soon after he fired the Fund’s managing trustee Tom Odongo under unclear circumstances.

The minister ordered that all the projects be tendered afresh while ongoing ones were subjected to a comprehensive audit by Efficiency Monitoring Unit.

Membership of the Fund has grown over the years to about 1.2 million while asset base has increased to about Sh113 billion.

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