Invitation for Contract Awards Detail

GOVERNMENT OF THE PEOPLE'S REPUBLIC OF BANGLADESH

Ministry/Division : Ministry of Finance
Agency : Insurance Development and Regulatory Authority
Procuring Entity Name : Project Director, Jamuna River Sustainable Management Project-1 (Disaster risk financing) (Component-3) (1st Revised)
Procuring Entity Code :
Procuring Entity District : Dhaka
Contract Award for : Services
Invitation/Proposal Reference No : 53.03.0000.091.14.038.2025-167, Dated-15.10.2025

KEY INFORMATION

Procurement Method : ICT
Tendering Method : Single Source Selection (SSS)

FUNDING INFORMATION

Budget and Source of Funds : Development Budget Grant/Credit
Development Partner (if applicable) : IDA (World Bank)

PARTICULAR INFORMATION

Project/Programme Name (if applicable) :
Tender/Proposal Package No : SD-01
Tender/Proposal Package Name : Consultancy for Delivery of Community Level Flood Risk Insurance Products
Date of Advertisement : 15/10/2025
Date of Notification of Award : 01/02/2026
Date of Contract Signing : 03/02/2026
Proposed Date of Contract Completion : 30 June 2028
No. of Tenders/Proposals Sold : 1
No. of Tenders/Proposals Received : 1
No. of Tenders/Proposals Responsive : 1

INFORMATION ON AWARD

Brief Description of Contract : Consultancy for Delivery of Community Level Flood Risk Insurance Products
Contract Value : US$ 1,660,000 (the “Total Funding Ceiling”) and BDT 30,390,452 (the “Calculated Tax/VAT”)
Name of Supplier/Contractor/Consultant : World Food Program (WFP)
Location of Supplier/Contractor/Consultant : UN Common Premises, House 1, Road 86-88, Gulshan 2, Dhaka 1212
Location of Delivery/Works/Consultancy : Kurigram
Is the Contract Signed with the same person stated in the NOA : Yes
If No give reason why :
Was the Contract Singed in due time? : Yes
If No give reason why :

ENTITY DETAILS

Name of Authorised Officer : Dhiresh Chandra Deb
Designation of Authorised Officer : Senior Principal Office