FRAMEWORK AGREEMENT FOR PROVISION OF HOTELS, ACCOMMODATION AND CONFERENCES SERVICES FOR A PERIOD OF TWO YEARSFramework Agreement for Provision of Hotels, Accommodation and Conferences Services • July 15th, 2024
Contract Type FiledJuly 15th, 2024Policyholders Compensation Fund (PCF), or the Fund’ is a State Corporation under The National Treasury and Planning. The Fund was established to provide compensation to claimants of an insurer that has been put under Statutory Management and for the secondary purpose of increasing the general public’s confidence in the insurance sector. The decision to establish the Fund was informed by the collapse of several Insurance companies before the year 2005. The Fund is governed by section 179 of the Insurance Act (Cap 487) and the Insurance (Policyholders Compensation Fund) (Amendment) Regulations, 2014.