Invitation for Request for Expressions of Interest    Status:Approved

GOVERNMENT OF THE PEOPLE'S REPUBLIC OF BANGLADESH

Ministry/Division : Ministry of Finance
Agency : Finance Division
Procuring Entity Name : Project Director (Joint Secretary), Bangladesh Insurance Sector Development Project, Financial Institutions Division, M/O Finance, Dhaka
Procuring Entity Code :
Procuring Entity District : Dhaka
Expression of Interest for Selection of : Consulting Firm (National)  (Lump-Sump)
Title Of Service : Selection of Consultant for Sector-wide Protection Gap Study-Firm (Package no.S4)
EOI Ref. No. : 53.03.0000.090.41.001.19-121
Date : 21/03/2019

KEY INFORMATION

Procurement Sub-Method : Quality and Cost Based Selection(QCBS)

FUNDING INFORMATION

Budget and Source of Funds : Development Budget Grant/Credit
Development Partners : IDA

PARTICULAR INFORMATION

Project/Programme Name :
EOI Closing Date and Time : 18/04/2019 12:00 PM
Publication Date : 31/03/2019

INFORMATION FOR APPLICANT

Brief Description of Assignment : Experience, Resources and Deliverable Capacity requirements: - Proven experience in conducting protection gap studies - Proven experience in working on insurance products, including Islamic insurance - Technical qualifications and expertise in developing actuarial models and pricing in developing and emerging countries - Ability to bring international best practice in developing relevant data sheets and tables - Previous experience in working with international development institutions is a plus - Ability to work in big teams and communicate smoothly to deliver results - 10 years of working experience in the relevant field
Experience, Resources and Delivery Capacity Required : Expected output: 1. Completed sector-wide Protection Gap study/report on Bangladesh insurance industry. 2. Developed relevant actuarial modeling for pricing and insurance coverage 3. Developed mortality and morbidity tables for Bangladesh based on international/regional best practices. 4. Developed training strategy for BIA The EOIs would be reviewed on the basis of the following: a. Registration of firm. b. Age of firm. c. Availability and qualification of key professionals. d. Availability of resources (Manpower, Finance, etc.). e. Experience of the firm in similar task. f. Experience of the firm in other works. g. Logistics/ support services of the firm.
Other Details (if applicable) : A shortlist of applicants will be prepared upon evaluation of EoIs of the eligible applicants and “Request for Proposal” document will be issued in their favor. A Consultant will be selected using the Quality and Cost Based Selection (QCBS) method in accordance with the procedures set out in the world Bank “Guidelines: Selection and Employment of consultants under IBRD loans and IDA credits & Grants by world Bank Borrowers” dated January 2011 revised July 2014 (Consultant Guidelines).
Association with foreign firms is : Not Encouraged
Eoi Detail Information
Ref No Phasing Of Services Location Start Date Completion Date
N/A N/A N/A N/A N/A

PROCURING ENTITY DETAILS

Name of Official Inviting EOI : Md. Nayeb Ali Mondal
Designation of Official Inviting EOI : Project Director (Joint Secretary)
Address of Official Inviting EOI : Bangladesh Insurance Sector Development Project, Financial Institutions Division, Ministry of Finance, SBC Tower (8th Floor), 37/A, Dilkusha C/A, Dhaka-1000
Contact details of Official Inviting EOI : Phone : 01715028284, Fax : , Email : pd.bisdproject@gmail.com
The procuring entity reserves the right to accept or reject all tenders