T
Originally published by The Standard BusinessOctober 6, 2025
6h ago
How KenGen locked out bidder for its carbon credits
A seemingly small addition to a tender document (addendum) became the sticking point that saw the highest-priced bid for KenGen’s 6.38 million carbon credits kicked out in the preliminary stage...
✨ Key Highlights
A seemingly minor addendum in a tender document led to KenGen disqualifying the highest bid for its 6.38 million carbon credits. This decision occurred during the preliminary stage of the bidding process, effectively locking out the top offer.
- KenGen’s 6.38 million carbon credits were at the center of the disputed tender process.
- A "small addition to a tender document (addendum)" was the reason for disqualification.
- The highest-priced bid was "kicked out in the preliminary stage" due to this technicality.
Continue Reading
Read the complete article from The Standard Business