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RFP: Comprehensive Market Scan – Life Insurance Sector

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Request for Proposal (RFP)

Entity: Metropolitan Lesotho
Title: Comprehensive Market Scan – Life Insurance Sector
Submission Reference: “Market Scan – Tender Bid”
Submission Method: Hand delivery in sealed envelope
Closing Date: Wednesday, 09 September 2025
Closing Time: 16:30 hrs
Location: Metropolitan Lesotho Head Office Reception, Kingsway, Maseru


1. Project Overview

1.1 Scope of Work

The consultancy will cover, but is not limited to:

  • Designing and implementing a market research methodology
  • Collecting and analyzing qualitative and quantitative data
  • Identifying market size, segmentation, and key players
  • Assessing customer needs and preferences
  • Providing strategic recommendations
  • Presenting a final report and executive summary

1.2 Expected Deliverables

  • Inception report with methodology and work plan
  • Data collection tools and raw data
  • Draft market research report
  • Final report with recommendations
  • Presentation to stakeholders

1.3 Duration

The assignment is expected to be completed within 8 weeks from the date of contract signing.


2. Eligibility Criteria and Submission Requirements

Eligibility

  • Proven experience in market research and consulting, especially within Lesotho
  • Demonstrated capacity to deliver similar assignments
  • Portfolio of similar work

Required Documents

  • Certified copy of valid Trader’s License / Business ID
  • Certified copy of valid Tax Clearance Certificate
  • Proposed Programme of Works and Method Statement
  • CVs of key personnel with relevant experience

All proposals must be submitted in a sealed envelope clearly marked:
“Market Scan – Tender Bid”
Contact details (phone number and email address) must be written on the back of the envelope.


3. Evaluation Criteria

Proposals will be evaluated based on:

  • Compliance with submission requirements
  • Experience and capability of the consultant
  • Technical and financial proposals
  • Proposed methodology and programme of works
  • Team composition

4. Submission Deadline

  • Date: Wednesday, 09 September 2025
  • Time: 16:30 hrs
  • Location: Metropolitan Lesotho Head Office Reception, Kingsway, Maseru
  • Note: Late submissions will not be accepted.

Applicants will be notified of the outcome within seven working days of the submission deadline.


5. Disclaimer

  • Cost is not the sole determining factor for awarding the contract
  • Metropolitan Lesotho reserves the right to accept or reject any or all proposals without providing reasons
  • The RFP may be cancelled at any time before contract signing
  • Successful bidders will be invited for a full briefing and final negotiations

6. Clarifications and Contact

All questions and clarifications should be directed to:

Contact Person: Mr. Rethabile Matsepe
📞 Tel: (+266) 2222 2300
📧 Email: [email protected]

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