Procurement Plan (Text Part) Bangladesh Insurance Sector Development Project (BISDP) Project information: (i) Country: Bangladesh (ii) Project Name: Bangladesh Insurance Sector Development Project (BISDP) (iii) P-Number: P156823 Project Implementation agency: Insurance Development and Regulatory Authority (IDRA) Period covered by this Procurement Plan: Entire Project Period 1. Preamble The Bank’s Systematic Tracking and Exchanges in Procurement (STEP) system will be used to record all procurement actions for the Project, including preparing, updating and clearing its Procurement Plan, and seeking and receiving the Bank’s review and No-objection to procurement actions as required. This textual part along with the Procurement Plan tables in STEP constitute the Procurement Plan for the Project. The following conditions apply to all procurement activities in the Procurement Plan. 2. Prior Review Thresholds Procurement Prior Review Thresholds (US$ millions) Type of Substantial High risk Moderate risk Low risk Procurement risk Works (including turnkey, supply & installation of plant 5 10 15 20 and equipment, and PPP) Goods, information technology and 1.5 2 4 6 non-consulting services Consulting services: 0.5 1 2 4 firms Consulting services: 0.2 0.3 0.4 0.5 individuals Notes: 1. These thresholds apply to all procurement activities regardless of their procurement/selection methods. There is no automatic requirement to undertake prior review for direct selection for value less than these thresholds. Consultant services covers a range of services that are of an advisory or professional nature. 2. Use of Standard Procurement Documents: For all procurements under the project, the Bank’s Standard Procurement Documents (or other documents agreed with the Bank) shall be used; 3. Request for Bids (Open-National) will be carried out under the Bank Procurement Guidelines following procedures for Open Tendering Method (OTM) of the People’s Republic of Bangladesh (Public Procurement Act, 2006 – PPA, 2006 and The Public Procurement Rules, 2008 – PPR, 2008 using standard bidding documents satisfactory to the Bank. For the purpose of Request for Bids (Open-National) the following shall apply: a. Post bidding negotiations shall not be allowed with the lowest evaluated or any other bidder; b. Bids should be submitted and opened in public in one location immediately after the deadline for submission; c. Lottery in award of contracts shall not be allowed; d. Bidders’ qualification/experience requirement shall be mandatory; e. Bids shall not be invited or rejected on the basis of percentage above or below the estimated cost and contract award shall be based on the lowest evaluated bid price of compliant bid from eligible and qualified bidder; and f. Single stage two (2) envelope procurement system shall not be allowed. 2. Prequalification. Not Applicable. 3. Proposed Procedures for CDD Components (as per paragraph. 3.17 of the Guidelines: Not Applicable. 4. Reference to (if any) Project Operational/Procurement Manual: Not Applicable 5. Any Other Special Procurement Arrangements: Not Applicable. 6. Short list comprising entirely of national consultants: Short list of consultants for services, estimated to cost less than $ 500,000 equivalent per contract, may comprise entirely of national consultants in accordance with the provisions of paragraph 2.7 of the Consultant Guidelines. Any Other Special Selection Arrangements: Not Applicable. PROCUREMENT Bangladesh : Bangladesh Insurance Sector Development Project PLAN General Information Country: Bangladesh 2017-01-09 Bank’s Approval Date of the Original Procurement Plan: 2022-08-29 Revised Plan Date(s): (comma delineated, leave blank if none) Project ID: P156823 GPN Date: 2019-04-03 Project Name: Bangladesh Insurance Sector Development Project Loan / Credit No: / , IDA / 59720 Insurance Development and Regulatory Authority Executing Agency(ies): WORKS Activity Reference No. / Estimated Actual Am Bid Evaluation Report Loan / Credit N Market Approac Procurement Pro Prequalification High SEA/SH R Procurement D Process St Draft Pre-qualification Prequalification Evalu Draft Bidding Docum Specific Procurement Bidding Documents a Proposal Submission / Contract Complet Description Component Review Type Method Amount (U ount (US$ and Recommendation Signed Contract o. h cess (Y/N) isk ocument Type atus Documents ation Report ent / Justification Notice / Invitation s Issued Opening / Minutes ion S$) ) for Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned GOODS Activity Reference No. / Bid Evaluation Report Loan / Credit N Market Approac Procurement Pro Prequalification Estimated Am Actual Amount Process St Draft Pre-qualification Prequalification Evalu Draft Bidding Docum Specific Procurement Bidding Documents a Proposal Submission / Description Component Review Type Method and Recommendation Signed Contract Contract Completion o. h cess (Y/N) ount (US$) (US$) atus Documents ation Report ent / Justification Notice / Invitation s Issued Opening / Minutes for Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual G1-1 / IT & Supporting Equip Project Implementation, Man Single Stage - One E / Post Request for Bids Open - National 80,000.00 52,937.96 Signed 2017-04-05 2019-02-01 2017-04-10 2017-05-01 2019-02-16 2017-05-31 2019-03-14 2017-07-12 2019-04-30 2017-10-10 ment : Office Equipment agement, and Monitoring nvelope Project Implementation, Man Single Stage - One E G1-2 / Furniture & Fixture IDA / 59720 Post Request for Bids Open - National 60,000.00 12,390.56 Signed 2019-03-15 2019-04-11 2019-04-04 2019-05-24 2019-05-06 2019-06-23 2019-05-09 2019-08-04 2019-05-22 2019-11-02 agement, and Monitoring nvelope Project Implementation, Man Single Stage - One E G1-3 / IT Equipment IDA / 59720 Post Request for Bids Open - National 100,000.00 26,521.42 Signed 2019-02-25 2019-04-10 2019-03-12 2019-05-01 2019-04-30 2019-05-31 2019-05-08 2019-07-12 2019-05-21 2019-10-10 agement, and Monitoring nvelope Improving the Capacity of th G5 / Distance learning cente e Insurance Development an Single Stage - One E r with Videoconference and a IDA / 59720 Post Request for Bids Open - National 600,000.00 377,300.03 Signed 2020-04-11 2019-11-21 2020-05-01 2020-07-05 2019-12-17 2020-09-13 2020-01-27 2020-10-25 2020-03-02 2021-01-23 d Regulatory Authority (IDRA nvelope udio visual facilities ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin G2-2-1 / Supply and installat Single Stage - One E IDA / 59720 g and Increasing the Efficien Post Request for Bids Open - National 225,000.00 231,284.43 Signed 2019-04-14 2019-04-09 2019-04-19 2019-05-10 2019-04-29 2019-05-20 2019-06-09 2019-06-24 2019-05-20 2019-08-08 ion of IT equipment nvelope cy of the State-owned Insura nce Corporations Improving the Capacity of th G3-1 / Modernization Classro e Insurance Development an Single Stage - One E IDA / 59720 Post Request for Bids Open - National 500,000.00 235,182.08 Signed 2019-12-24 2019-12-12 2019-12-25 2020-01-08 2020-01-08 2020-02-10 2020-02-12 2020-03-19 2020-06-03 2020-06-15 om d Regulatory Authority (IDRA nvelope ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G15 / Supply of Training Mat e Insurance Development an Request for Quota Single Stage - One E IDA / 59720 Post Limited 6,250.00 5,727.23 Signed 2020-01-21 2019-06-10 2020-02-14 2019-06-16 2020-02-29 erials (Bag) d Regulatory Authority (IDRA tions nvelope ) and the Bangladesh Insura nce Academy ( BIA) G16 / Supply and Installation Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 6,250.00 5,817.07 Signed 2020-01-26 2019-08-07 2020-02-19 2019-08-22 2020-02-22 of IT Accessories for BISDP agement, and Monitoring tions nvelope G18 / Supply of Computer, L Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 6,000.00 5,674.26 Signed 2020-01-21 2018-10-10 2020-02-16 2018-10-17 2020-03-07 aptop, Printer and UPS agement, and Monitoring tions nvelope G19 / Supply of Digital Giant Project Implementation, Man Request for Quota Single Stage - One E screen / LED Television, Cam IDA / 59720 Post Limited 6,200.00 5,837.30 Signed 2020-01-24 2019-03-21 2020-02-14 2019-03-27 2020-03-15 agement, and Monitoring tions nvelope era and Accessories G20 / Supply of Photocopier Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 6,150.00 5,791.98 Signed 2020-01-26 2019-01-17 2020-02-21 2019-01-23 2020-03-27 and Tablet agement, and Monitoring tions nvelope G21 / Supply of Furniture an Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 6,200.00 5,871.81 Signed 2020-02-27 2019-09-10 2020-03-31 2019-09-19 2020-05-30 d Fixture agement, and Monitoring tions nvelope Improving the Capacity of th G2-2-2 / Supply and Installat e Insurance Development an Single Stage - One E ion of Computers and Access IDA / 59720 Post Request for Bids Open - National 941,000.00 776,334.81 Signed 2020-03-16 2020-03-19 2020-03-17 2020-04-14 2020-10-11 2020-04-21 2020-06-25 2020-05-19 2020-09-29 2020-06-28 d Regulatory Authority (IDRA nvelope ories ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G6 / Development and Imple e Insurance Development an Single Stage - One E mentation of Interactive Port IDA / 59720 Post Request for Bids Open - National 600,000.00 0.00 Canceled 2020-11-10 2020-11-28 2021-01-09 2021-04-02 2021-05-14 2021-11-10 d Regulatory Authority (IDRA nvelope al ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G7-1 / Online approval of ag e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Post Request for Bids 500,000.00 0.00 Canceled 2020-11-15 2020-12-16 2021-02-04 2021-05-15 2021-06-26 2022-02-21 ents d Regulatory Authority (IDRA l nvelope ) and the Bangladesh Insura nce Academy ( BIA) G7-2 / Certification of emplo Project Implementation, Man Open - Internationa Single Stage - One E IDA / 59720 Post Request for Bids 500,000.00 0.00 Canceled 2020-12-29 2021-01-30 2021-03-25 2021-06-23 2021-08-04 2022-04-01 yers of agents & brokers agement, and Monitoring l nvelope Improving the Capacity of th G10-1 / Business Intelligenc e Insurance Development an Open - Internationa Single Stage - One E e and data analytics at IDRA IDA / 59720 Post Request for Bids 1,600,000.00 0.00 Canceled 2020-12-07 2021-01-12 2021-03-07 2021-06-07 2021-07-19 2022-01-15 d Regulatory Authority (IDRA l nvelope & BIA ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G13 / Motor road accident d e Insurance Development an Single Stage - One E IDA / 59720 Post Request for Bids Open - National 700,000.00 0.00 Canceled 2020-11-10 2020-12-02 2021-01-21 2021-03-22 2021-05-03 2021-08-31 atabase d Regulatory Authority (IDRA nvelope ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin G8 / Core Insurance applicati Open - Internationa Single Stage - One E IDA / 59720 g and Increasing the Efficien Prior Request for Bids 7,500,000.00 0.00 Canceled 2020-11-25 2020-12-15 2021-02-03 2021-05-04 2021-06-15 2022-02-10 ons at SBC and JBC l nvelope cy of the State-owned Insura nce Corporations Modernization, Strengthenin G9-2 / Document Manageme Open - Internationa Single Stage - One E IDA / 59720 g and Increasing the Efficien Prior Request for Bids 3,000,000.00 0.00 Canceled 2020-10-13 2020-11-02 2020-12-22 2021-03-22 2021-05-03 2021-10-30 nt System for SBC and JBC l nvelope cy of the State-owned Insura nce Corporations Improving the Capacity of th G9-1 / Document Manageme e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Prior Request for Bids 2,000,000.00 0.00 Canceled 2020-10-14 2020-11-03 2020-12-23 2021-03-23 2021-05-04 2021-10-31 nt System for IDRA & BIA d Regulatory Authority (IDRA l nvelope ) and the Bangladesh Insura nce Academy ( BIA) Page 1 G14 / Call center & Custome Modernization, Strengthenin Open - Internationa Single Stage - One E r Relationship Management s IDA / 59720 g and Increasing the Efficien Prior Request for Bids 4,000,000.00 0.00 Canceled 2020-12-15 2021-01-04 2021-02-23 2021-05-24 2021-07-05 2022-01-01 l nvelope ystem at SBC and JBC cy of the State-owned Insura nce Corporations Improving the Capacity of th G12 / Centralized rating syst e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Post Request for Bids 600,000.00 0.00 Canceled 2020-11-11 2020-11-26 2021-01-15 2021-04-15 2021-05-27 2021-09-24 em d Regulatory Authority (IDRA l nvelope ) and the Bangladesh Insura nce Academy ( BIA) G4-2 / Basic automation incl Modernization, Strengthenin Open - Internationa Single Stage - One E uding ERP, HRMIS and Enterp IDA / 59720 g and Increasing the Efficien Prior Request for Bids 6,000,000.00 0.00 Canceled 2020-10-20 2020-11-09 2020-12-29 2021-03-29 2021-05-10 2022-05-10 l nvelope rise E-mail System at SBC an cy of the State-owned Insura d JBC nce Corporations G4-1 / Basic automation incl Improving the Capacity of th uding ERP, HRMIS and Enterp e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Prior Request for Bids 4,000,000.00 0.00 Canceled 2020-11-30 2020-12-20 2021-02-08 2021-05-09 2021-06-20 2022-06-20 rice E-mail System for IDRA d Regulatory Authority (IDRA l nvelope & BIA ) and the Bangladesh Insura nce Academy ( BIA) G10-2 / Business Intelligenc Modernization, Strengthenin Open - Internationa Single Stage - One E e and data analytics at SBC a IDA / 59720 g and Increasing the Efficien Prior Request for Bids 3,000,000.00 0.00 Canceled 2020-11-18 2020-12-08 2021-01-27 2021-04-27 2021-06-08 2021-12-05 l nvelope nd JBC cy of the State-owned Insura nce Corporations Improving the Capacity of th G11 / Fraud detection and pr e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Post Request for Bids 700,000.00 0.00 Canceled 2020-10-18 2020-11-02 2020-12-22 2021-03-22 2021-05-03 2021-08-31 evention system d Regulatory Authority (IDRA l nvelope ) and the Bangladesh Insura nce Academy ( BIA) G4 / Basic automation includ Improving the Capacity of th ing ERP, HRMIS, Intranet and e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Prior Request for Bids 7,647,050.00 2,587,447.74 Signed 2021-03-20 2021-11-10 2021-04-04 2021-12-28 2021-05-16 2022-01-30 2021-06-30 2022-05-17 2021-08-11 2022-06-09 2022-08-15 Enterprise E-mail System for d Regulatory Authority (IDRA l nvelope IDRA, JBC, SBC and BIA ) and the Bangladesh Insura nce Academy ( BIA) G23 / Software Applications (Fraud detection, Centralized Improving the Capacity of th rating system, Motor road ac e Insurance Development an Open - Internationa Single Stage - One E Under Imple cident database, Developme IDA / 59720 d Regulatory Authority (IDRA Prior Request for Bids 9,411,764.00 9,172,649.54 2021-06-16 2022-02-10 2021-06-21 2022-04-03 2021-08-02 2022-04-24 2021-09-16 2022-08-02 2021-10-28 2022-04-26 l nvelope mentation nt of interactive portal, onlin ) and the Bangladesh Insura e agent approval Certificatio nce Academy ( BIA) n agents , brokers, Call centr e and Business Intelligence for IDRA G24 / Supply of Air-condition Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,847.00 5,869.85 Signed 2021-01-24 2019-07-23 2021-01-24 2020-07-31 2021-01-24 er agement, and Monitoring tions nvelope G-25 / Installation of Tally ER Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 2,415.00 2,394.58 Signed 2021-01-24 2019-12-23 2021-01-24 2019-12-29 2021-01-24 P Software agement, and Monitoring tions nvelope G-26 / Supply of Stationary a Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,894.00 5,727.91 Signed 2021-01-25 2019-09-23 2021-01-25 2019-09-30 2021-01-25 nd Goods agement, and Monitoring tions nvelope G-27 / Supply of Goods (Bag Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,824.00 5,810.80 Signed 2021-01-25 2020-02-02 2021-01-25 2020-02-10 2021-01-25 ) for Training and Workshop agement, and Monitoring tions nvelope G-28 / Supply of Office Equip Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,540.00 5,365.88 Signed 2021-01-26 2020-09-29 2021-01-26 2020-10-05 2021-01-26 ment (IT Accessories) agement, and Monitoring tions nvelope G-29 / Supply of Stationary Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,882.00 5,729.63 Signed 2021-01-27 2020-09-29 2021-01-27 2020-10-05 2021-01-27 & Goods agement, and Monitoring tions nvelope G-30 / Supply of Furniture & Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,730.00 5,637.13 Signed 2021-01-27 2020-09-29 2021-01-27 2020-10-05 2021-01-27 Fixture agement, and Monitoring tions nvelope G-31 / Supply of Office Equip Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,843.00 5,843.51 Signed 2021-02-02 2020-11-12 2021-02-02 2020-11-18 2021-02-02 ment agement, and Monitoring tions nvelope Improving the Capacity of th G9 / Document managemen e Insurance Development an Open - Internationa Single Stage - One E t system for IDRA, SBC, JBC & IDA / 59720 Prior Request for Bids 5,000,000.00 5,514,983.53 Signed 2021-03-15 2021-08-10 2021-03-30 2021-10-13 2021-05-11 2021-12-09 2021-06-25 2022-05-04 2021-08-06 2022-06-23 2022-02-02 d Regulatory Authority (IDRA l nvelope BIA ) and the Bangladesh Insura nce Academy ( BIA) G10 / Core Insurance applica Modernization, Strengthenin tions, Business Intelligence, g and Increasing the Efficien Open - Internationa Single Stage - One E Under Imple IDA / 59720 Prior Request for Bids 11,176,470.00 11,106,897.87 2021-03-15 2022-02-10 2021-03-30 2022-03-31 2021-05-11 2022-04-25 2021-06-30 2022-08-02 2021-08-11 2022-02-07 Call center and Customer Re cy of the State-owned Insura l nvelope mentation lationship Management Syste nce Corporations m for JBC & SBC G4-1-1 / Supply and Installat Modernization, Strengthenin Single Stage - One E ion of Computer and Accesso IDA / 59720 g and Increasing the Efficien Post Request for Bids Open - National 1,882,352.00 1,823,469.85 Completed 2021-04-04 2020-12-22 2021-04-14 2021-05-12 2021-01-20 2021-06-01 2021-06-13 2021-07-13 2021-07-19 2021-10-11 2022-02-20 nvelope ries cy of the State-owned Insura nce Corporations G2-2 / IT & Supporting Netw Improving the Capacity of th ork infrastructure Systems, S e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Prior Request for Bids 9,500,000.00 10,609,874.03 Signed 2021-04-13 2021-05-06 2021-05-03 2021-07-27 2021-06-22 2021-08-12 2021-09-20 2022-03-11 2021-11-01 2022-04-03 2022-08-31 erver & Storage (Active) for J d Regulatory Authority (IDRA l nvelope BC, SBC, BIA & IDRA ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G32 / IT Equipment for end e Insurance Development an Request for Quota Single Stage - One E IDA / 59720 Post Limited 17,500.00 17,109.63 Signed 2021-06-15 2021-06-03 2021-07-20 2021-06-29 2021-08-19 user d Regulatory Authority (IDRA tions nvelope ) and the Bangladesh Insura nce Academy ( BIA) G2-1 / IT and Supporting Po Improving the Capacity of th wer Infrastructure (Tier 3 Dat e Insurance Development an Open - Internationa Single Stage - One E IDA / 59720 Prior Request for Bids 6,500,000.00 0.00 Canceled 2020-10-08 2021-02-02 2020-10-23 2020-12-04 2021-01-18 2021-02-25 2021-06-25 a Centre & DR (Passive) for J d Regulatory Authority (IDRA l nvelope BC, SBC, & IDRA and BIA Mini ) and the Bangladesh Insura Data Centre) nce Academy ( BIA) Modernization, Strengthenin G22 / Supply of Training Bag Single Stage - One E IDA / 59720 g and Increasing the Efficien Post Request for Bids Open - National 15,000.00 0.00 Canceled 2022-06-30 2022-07-02 2022-07-16 2022-07-21 2022-08-04 2022-09-03 s nvelope cy of the State-owned Insura nce Corporations G-33 / G-33- IT and Supporti Improving the Capacity of th ng Power Infrastructure DR ( e Insurance Development an Open - Internationa Single Stage - One E Under Imple IDA / 59720 Prior Request for Bids 9,500,000.00 0.00 2022-06-05 2022-06-22 2022-06-10 2022-06-28 2022-07-22 2022-08-11 2022-08-21 2022-09-05 2023-01-03 Active & Passive) for JBC, SB d Regulatory Authority (IDRA l nvelope mentation C, & IDRA and BIA ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th G3-2 / Setting up Research C e Insurance Development an Single Stage - One E Pending Impl IDA / 59720 Post Request for Bids Open - National 600,000.00 0.00 2022-09-01 2022-09-21 2022-11-10 2023-02-08 2023-03-22 2023-07-20 enter and Server room d Regulatory Authority (IDRA nvelope ementation ) and the Bangladesh Insura nce Academy ( BIA) NON CONSULTING SERVICES Page 2 Activity Reference No. / Bid Evaluation Report Loan / Credit N Market Approac Procurement Pro Prequalification Estimated Am Actual Amount Process St Draft Pre-qualification Prequalification Evalu Draft Bidding Docum Specific Procurement Bidding Documents a Proposal Submission / Description Component Review Type Method and Recommendation Signed Contract Contract Completion o. h cess (Y/N) ount (US$) (US$) atus Documents ation Report ent / Justification Notice / Invitation s Issued Opening / Minutes for Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual G17 / Supply of Printing Doc Project Implementation, Man Request for Quota Single Stage - One E IDA / 59720 Post Limited 5,937.00 3,819.70 Signed 2020-01-21 2019-09-23 2020-02-13 2019-09-30 2020-02-28 ument agement, and Monitoring tions nvelope NC-01 / Tier-4 Datacenter re Improving the Capacity of th ntal service including colocat e Insurance Development an IDA / 59720 Prior Direct Selection Direct 3,797,622.77 3,368,083.95 Signed 2022-04-03 2022-04-20 2022-04-08 2022-04-25 2022-04-29 2022-06-21 2024-04-18 ion, managed and data conn d Regulatory Authority (IDRA ectivity services ) and the Bangladesh Insura nce Academy ( BIA) CONSULTING FIRMS Activity Reference No. / Combined Evaluation Loan / Credit N Market Approac Contract Type Estimated Amo Actual Amount Expression of Interest Short List and Draft R Request for Proposals Opening of Technical Evaluation of Technic Description Component Review Type Method Process Status Terms of Reference Report and Draft Neg Signed Contract Contract Completion o. h unt (US$) (US$) Notice equest for Proposals as Issued Proposals / Minutes al Proposal otiated Contract Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Improving the Capacity of th S4 / Sector-wide Protection e Insurance Development an Quality And Cost- Open - Internationa / Post 500,000.00 511,389.00 Signed 2017-10-17 2019-03-13 2017-11-07 2019-03-21 2017-12-26 2019-07-11 2018-01-23 2019-08-25 2018-04-01 2019-11-03 2018-05-06 2019-12-02 2018-06-17 2020-01-27 2020-06-16 Gap study - Firm d Regulatory Authority (IDRA Based Selection l ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th S5 / Awareness and Insuranc e Insurance Development an Quality And Cost- Open - Internationa IDA / 59720 Post 600,000.00 569,626.56 Completed 2018-04-18 2019-07-15 2018-05-09 2019-07-15 2018-06-30 2019-10-10 2018-07-28 2019-11-14 2018-10-03 2019-11-20 2018-11-07 2020-02-27 2018-12-19 2020-02-27 2021-12-18 2021-08-26 e Literacy program - Firm d Regulatory Authority (IDRA Based Selection l ) and the Bangladesh Insura nce Academy ( BIA) Improving the Capacity of th S2-1 / International Regulato e Insurance Development an Quality And Cost- Open - Internationa ry and Supervisor Expert Fir IDA / 59720 Prior 2,000,000.00 1,882,354.38 Signed 2019-02-26 2019-03-09 2019-03-28 2019-04-03 2019-06-16 2019-10-17 2019-06-18 2019-12-02 2019-08-07 2020-03-15 2019-09-04 2020-10-22 2019-10-16 2021-10-26 2022-10-15 d Regulatory Authority (IDRA Based Selection l m ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin S8-1 / Review of Financial Co Quality And Cost- Open - Internationa / g and Increasing the Efficien Post 400,000.00 0.00 Canceled 2017-12-31 2018-01-21 2018-03-06 2018-04-03 2018-06-02 2018-07-07 2018-08-18 2020-08-07 ndition of SBC - Firm Based Selection l cy of the State-owned Insura nce Corporations Modernization, Strengthenin S8-2 / Review of Financial Co Quality And Cost- Open - Internationa / g and Increasing the Efficien Post 300,000.00 0.00 Canceled 2017-12-31 2018-01-21 2018-03-06 2018-04-03 2018-06-02 2018-07-07 2018-08-18 2020-08-17 ndition of JBC - Firm Based Selection l cy of the State-owned Insura nce Corporations S13-3-1 / Selection of Intern Modernization, Strengthenin ational IT Consulting Firm for g and Increasing the Efficien Quality And Cost- Open - Internationa IDA / 59720 Prior 1,000,000.00 1,025,121.70 Signed 2019-07-15 2019-07-17 2019-08-05 2019-07-29 2019-09-18 2019-12-11 2019-10-16 2020-01-15 2019-11-15 2020-07-30 2019-12-20 2020-09-28 2020-01-24 2020-10-19 2022-07-12 review of IT requirements an cy of the State-owned Insura Based Selection l d Implementation Support nce Corporations Modernization, Strengthenin S11 / Asset Liability Manage Quality And Cost- Open - Internationa IDA / 59720 g and Increasing the Efficien Prior 1,000,000.00 632,007.53 Signed 2019-07-14 2019-07-16 2019-08-04 2019-07-30 2019-09-17 2019-12-06 2019-10-15 2020-01-13 2019-12-14 2020-03-12 2020-01-18 2020-07-16 2020-02-29 2020-08-18 2022-08-31 ment Study - Firm Based Selection l cy of the State-owned Insura nce Corporations Modernization, Strengthenin S7 / Review existing product Quality And Cost- Open - Internationa IDA / 59720 g and Increasing the Efficien Post 500,000.00 0.00 Canceled 2021-01-11 2021-02-01 2021-03-17 2021-04-14 2021-07-03 2021-08-07 2021-09-18 2022-07-15 lines - Firm Based Selection l cy of the State-owned Insura nce Corporations S12 / Life Insurance Distribut Modernization, Strengthenin Quality And Cost- Open - Internationa ion Network Expert (Broker A IDA / 59720 g and Increasing the Efficien Post 500,000.00 0.00 Canceled 2021-01-10 2021-01-31 2021-03-27 2021-04-24 2021-06-23 2021-07-28 2021-09-08 2022-07-05 Based Selection l gent) - Firm cy of the State-owned Insura nce Corporations Improving the Capacity of th S2-2 / Legal and Regulatory e Insurance Development an Quality And Cost- Open - Internationa IDA / 59720 Prior 1,000,000.00 0.00 Canceled 2021-01-12 2021-02-26 2021-05-27 2021-07-16 2021-10-19 2021-11-30 2022-01-11 2022-08-09 Expert - Firm d Regulatory Authority (IDRA Based Selection l ) and the Bangladesh Insura nce Academy ( BIA) S14 / Review of existing pro Modernization, Strengthenin Quality And Cost- Open - Internationa Under Implement duct lines & Insurance Distrib IDA / 59720 g and Increasing the Efficien Prior 1,000,000.00 0.00 2021-04-15 2021-10-07 2021-05-06 2021-11-03 2021-07-17 2022-06-28 2021-08-14 2021-09-13 2021-10-18 2021-11-22 2022-08-31 Based Selection l ation ution Network-Firm cy of the State-owned Insura nce Corporations Modernization, Strengthenin Quality And Cost- Open - Internationa Under Implement S10-1 / Acturial Firm - Firm IDA / 59720 g and Increasing the Efficien Prior 1,000,000.00 0.00 2021-05-31 2021-10-07 2021-06-21 2021-11-03 2021-08-04 2021-09-01 2021-10-31 2021-12-05 2022-01-16 2022-08-31 Based Selection l ation cy of the State-owned Insura nce Corporations Improving the Capacity of th S15 / Selection of Client Sati e Insurance Development an Consultant Qualifi IDA / 59720 Post Open - National 100,000.00 149,036.63 Signed 2021-03-31 2021-05-19 2021-04-21 2021-06-04 2021-06-30 2021-07-04 2021-09-07 2021-08-08 2021-09-16 2022-08-31 sfaction Survey firm d Regulatory Authority (IDRA cation Selection ) and the Bangladesh Insura nce Academy ( BIA) S16 / External Audit Firm for Project Implementation, Man Consultant Qualifi IDA / 59720 Post Open - National 5,870.00 5,741.39 Signed 2021-05-31 2021-06-13 2021-06-03 2021-08-18 2021-06-17 2021-10-19 2021-06-24 2021-11-15 2021-06-30 2021-11-24 2022-08-31 Internal Audit agement, and Monitoring cation Selection Improving the Capacity of th e Insurance Development an Quality And Cost- Open - Internationa Pending Impleme S10.1 / Actuarial firm IDA / 59720 Prior 1,000,000.00 0.00 2022-08-31 2022-09-21 2022-11-04 2022-11-11 2022-12-26 2023-01-30 2023-02-28 2024-02-28 d Regulatory Authority (IDRA Based Selection l ntation ) and the Bangladesh Insura nce Academy ( BIA) S-17 / Expression of Interest Improving the Capacity of th (EOI) for selection of consulti e Insurance Development an Consultant Qualifi Pending Impleme IDA / 59720 Post Open - National 200,000.00 0.00 2022-05-30 2022-06-20 2022-08-03 2022-09-02 2022-10-07 2024-02-28 ng-firm for overseas training d Regulatory Authority (IDRA cation Selection ntation programmes and Workshop ) and the Bangladesh Insura nce Academy ( BIA) INDIVIDUAL CONSULTANTS Activity Reference No. / Loan / Credit N Market Approac Contract Type Estimated Amo Actual Amount Invitation to Identifie Draft Negotiated Cont Description Component Review Type Method Process Status Terms of Reference Signed Contract Contract Completion o. h unt (US$) (US$) d/Selected Consultant ract Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual S1-3 / Senior Financial Mana Project Implementation, Man Individual Consult IDA / 59720 Post Open 265,000.00 179,062.51 Signed 2019-03-04 2019-03-01 2019-04-08 2019-03-04 2019-04-29 2019-03-10 2019-06-10 2018-08-19 2022-09-22 gement Specialist agement, and Monitoring ant Selection S1-9 / Project Associate - 4 N Project Implementation, Man Individual Consult IDA / 59720 Post Open 210,000.00 204,875.00 Signed 2019-03-13 2019-02-06 2019-05-17 2019-04-09 2019-06-07 2019-05-12 2019-07-19 2020-05-31 2022-12-30 os agement, and Monitoring ant Selection S1-2 / Scenior Procurement Project Implementation, Man Individual Consult IDA / 59720 Post Open 240,000.00 219,953.81 Completed 2019-03-07 2018-08-23 2019-05-11 2018-11-18 2019-06-01 2019-02-12 2019-06-15 2019-02-12 2022-11-09 2020-11-12 Specialist agement, and Monitoring ant Selection S1-4 / Monitoring & Evaluati Project Implementation, Man Individual Consult IDA / 59720 Post Open 240,000.00 198,363.59 Signed 2019-03-12 2018-07-08 2019-05-16 2019-04-09 2019-06-06 2019-04-30 2019-07-18 2019-04-30 2022-12-29 on Specialist agement, and Monitoring ant Selection Page 3 Project Implementation, Man Individual Consult S1-6 / IT Specialist IDA / 59720 Post Open 210,000.00 376,505.43 Terminated 2019-03-13 2019-02-06 2019-05-17 2019-05-02 2019-06-07 2019-05-06 2019-07-19 2019-06-13 2022-12-30 agement, and Monitoring ant Selection S1-5 / Project Management Project Implementation, Man Individual Consult IDA / 59720 Post Open 240,000.00 219,386.44 Signed 2019-03-13 2019-02-06 2019-05-17 2019-04-16 2019-06-07 2019-04-17 2019-07-19 2019-06-10 2022-12-30 Specialist- Individual agement, and Monitoring ant Selection S1-1 / Deputy Project Direct Project Implementation, Man Individual Consult / Prior Open 320,000.00 0.00 Canceled 2016-11-30 2017-02-03 2017-02-24 2017-04-07 2023-03-07 or agement, and Monitoring ant Selection Improving the Capacity of th e Insurance Development an Individual Consult S13-1 / ERP Specialist / Prior Open 600,000.00 0.00 Canceled 2017-06-29 2017-10-12 2017-11-02 2017-12-14 2021-12-13 d Regulatory Authority (IDRA ant Selection ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin S13-4 / Document Managem Individual Consult / g and Increasing the Efficien Post Open 200,000.00 0.00 Canceled 2018-06-28 2018-08-27 2018-09-17 2018-10-29 2020-11-27 ent Specialist ant Selection cy of the State-owned Insura nce Corporations S1-8 / Account Associate - In Project Implementation, Man Individual Consult IDA / 59720 Post Open 240,000.00 63,437.04 Signed 2019-03-13 2019-02-06 2019-05-17 2019-04-16 2019-06-07 2019-04-17 2019-07-19 2019-06-24 2022-12-30 dividual agement, and Monitoring ant Selection Improving the Capacity of th S10-3-1 / Selection of Life In e Insurance Development an Individual Consult IDA / 59720 Prior Open 420,000.00 479,484.90 Signed 2019-03-11 2019-04-03 2019-06-24 2019-08-29 2019-07-15 2019-11-16 2019-08-19 2019-11-20 2022-12-01 surance Actuary d Regulatory Authority (IDRA ant Selection ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin S6-3 / Resident Adviser (Rei Individual Consult / g and Increasing the Efficien Prior Open 500,000.00 0.00 Canceled 2017-07-31 2017-11-03 2017-11-24 2018-01-05 2021-12-15 nsurance/ Insurance Expert) ant Selection cy of the State-owned Insura nce Corporations Modernization, Strengthenin S10-3 / Life Insurance Actuar Individual Consult IDA / 59720 g and Increasing the Efficien Prior Open 600,000.00 0.00 Canceled 2019-02-26 2019-06-11 2019-07-02 2019-08-13 2024-08-11 y ant Selection cy of the State-owned Insura nce Corporations S13-1-1 / Selection of IT Spe Modernization, Strengthenin Individual Consult cialist (Information/Cyber Se IDA / 59720 g and Increasing the Efficien Post Open 180,000.00 88,663.18 Signed 2019-07-07 2019-07-08 2019-08-25 2020-07-01 2019-09-15 2020-07-01 2019-10-20 2020-08-23 2022-08-31 ant Selection curity) cy of the State-owned Insura nce Corporations Modernization, Strengthenin S13-2 / Data Analytics Speci Individual Consult IDA / 59720 g and Increasing the Efficien Prior Open 420,000.00 0.00 Canceled 2019-08-22 2019-12-15 2020-01-05 2020-02-16 2022-02-15 alist ant Selection cy of the State-owned Insura nce Corporations Modernization, Strengthenin Individual Consult S13-3 / IT Specialist for IDRA / g and Increasing the Efficien Post Open 200,000.00 0.00 Canceled 2018-06-28 2018-08-27 2018-09-17 2018-10-29 2020-11-27 ant Selection cy of the State-owned Insura nce Corporations Improving the Capacity of th S6-3-1 / Resident Adviser (In e Insurance Development an Individual Consult surance and Reinsurance Exp IDA / 59720 Post Open 270,000.00 0.00 Canceled 2019-03-11 2019-03-18 2019-06-24 2019-07-15 2019-08-19 2022-12-01 d Regulatory Authority (IDRA ant Selection ert) ) and the Bangladesh Insura nce Academy ( BIA) S13-2-1 / Selection of IT Spe Modernization, Strengthenin Individual Consult cialist (Insurance Core applic IDA / 59720 g and Increasing the Efficien Post Open 180,000.00 0.00 Canceled 2019-07-22 2019-07-08 2019-09-09 2019-09-30 2019-11-04 2022-08-31 ant Selection ations) cy of the State-owned Insura nce Corporations S6-3-2 / Resident Adviser (In Modernization, Strengthenin Individual Consult surance & Reinsurance Exper IDA / 59720 g and Increasing the Efficien Prior Limited 270,000.00 562,024.62 Signed 2020-02-24 2019-10-10 2020-02-29 2019-12-05 2020-03-07 2020-07-30 2020-03-21 2020-09-01 2022-04-10 ant Selection t) cy of the State-owned Insura nce Corporations Modernization, Strengthenin Individual Consult S6-1 / Reinsurance Expert IDA / 59720 g and Increasing the Efficien Post Open 250,000.00 0.00 Canceled 2020-12-22 2021-03-17 2021-04-07 2021-05-19 2022-07-13 ant Selection cy of the State-owned Insura nce Corporations Improving the Capacity of th S2-3 / International Regulato e Insurance Development an Individual Consult IDA / 59720 Prior Open 350,000.00 0.00 Canceled 2020-12-30 2021-06-13 2021-07-04 2021-08-15 2022-08-30 ry/ Supervisory Expert d Regulatory Authority (IDRA ant Selection ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin S9 / Non-Life Distribution Ne Individual Consult IDA / 59720 g and Increasing the Efficien Prior Open 300,000.00 0.00 Canceled 2021-01-13 2021-04-28 2021-05-19 2021-06-30 2022-08-24 twork Expert ant Selection cy of the State-owned Insura nce Corporations S1-7 / Finance Associate - In Project Implementation, Man Individual Consult IDA / 59720 Post Open 100,000.00 55,543.48 Terminated 2021-01-13 2019-02-06 2021-03-19 2019-06-10 2021-04-09 2019-06-19 2021-05-21 2019-07-01 2022-06-25 dividual agement, and Monitoring ant Selection Improving the Capacity of th S3 / Insurance Data Speciali e Insurance Development an Individual Consult IDA / 59720 Prior Open 400,000.00 0.00 Canceled 2021-01-19 2021-06-23 2021-07-14 2021-08-25 2022-08-20 st/ non-life Actuary d Regulatory Authority (IDRA ant Selection ) and the Bangladesh Insura nce Academy ( BIA) Modernization, Strengthenin S6-2 / Reinsurance/ Insuranc Individual Consult IDA / 59720 g and Increasing the Efficien Post Open 296,250.00 0.00 Canceled 2020-11-18 2021-02-21 2021-03-14 2021-04-25 2022-06-19 e Expert ant Selection cy of the State-owned Insura nce Corporations Modernization, Strengthenin S10-2 / Life Insurance Expert Individual Consult IDA / 59720 g and Increasing the Efficien Post Open 185,000.00 0.00 Canceled 2021-01-03 2021-02-28 2021-03-21 2021-05-02 2022-05-02 - Actuary ant Selection cy of the State-owned Insura nce Corporations S13-2-2 / Selection of IT Spe Project Implementation, Man Individual Consult IDA / 59720 Post Limited 180,000.00 0.00 Canceled 2020-10-21 2020-10-31 2020-11-15 2020-12-13 2022-02-06 cialist (Insurance Core Applic agement, and Monitoring ant Selection ations) S1-2-2 / Senior Procurement Project Implementation, Man Individual Consult IDA / 59720 Post Open 106,000.00 58,081.20 Terminated 2021-02-15 2020-12-02 2021-04-05 2021-04-12 2021-04-26 2021-04-12 2021-05-31 2021-06-01 2022-08-31 Specialist agement, and Monitoring ant Selection S1-2-1 / Senior Procurement Project Implementation, Man Individual Consult IDA / 59720 Post Limited 106,000.00 0.00 Canceled 2020-09-21 2020-09-26 2020-10-06 2020-11-04 2022-08-26 Specialist agement, and Monitoring ant Selection Project Implementation, Man Individual Consult Pending Impleme S-1.5 / IT Specialist IDA / 59720 Post Limited 90,000.00 0.00 2022-09-01 2022-09-06 2022-09-13 2022-09-27 2024-02-28 agement, and Monitoring ant Selection ntation Improving the Capacity of th S-13 / Systems Implementati e Insurance Development an Individual Consult Pending Impleme IDA / 59720 Post Open - National 90,000.00 0.00 2022-09-04 2022-10-23 2022-11-13 2022-12-18 2024-02-28 on Support Specialist d Regulatory Authority (IDRA ant Selection ntation ) and the Bangladesh Insura nce Academy ( BIA) Project Implementation, Man Individual Consult Pending Impleme S1.6 / Finance Specialist IDA / 59720 Post Open - National 50,000.00 0.00 2022-09-01 2022-10-05 2022-10-20 2022-11-10 2024-02-28 agement, and Monitoring ant Selection ntation Page 4 Improving the Capacity of th S-13.1 / International Trainin e Insurance Development an Individual Consult Pending Impleme IDA / 59720 Post Limited 50,000.00 0.00 2022-09-01 2022-09-06 2022-09-20 2022-10-11 2022-11-30 g Specialist d Regulatory Authority (IDRA ant Selection ntation ) and the Bangladesh Insura nce Academy ( BIA) Page 5