Tender Details

Medical and Life Insurance for Bahrain Bourse Employees

Tender Number: 102/2024/BTB (Bahrain Bourse / 2024/ 1)

PA Ref Number: Bahrain Bourse / 2024/ 1

Tender Description

Bahrain Bourse (BHB) provides group medical benefits for its employees and their families. BHB today have 63 full time permanent employees who are eligible for group benefits upon their date of join. To provide medical insurance for the employees of BHB with benefits and customer support, the insurance company that will be selected must coordinate with BHB in case the policyholder has a few changes to the group plan. Medical proposals are valid from June 1st 2024 until May 31st 2025. LIFE INSURANCE The total amount will be 36 Basic Salaries (63 Members). Ancillary Benefits: Death. Permanent Total Disability due to Accident Benefits. Permanent Partial Disability due to Accident Benefit. The financial content will be determined fully on price basis, considering both categories and the number of members in both life and medical insurances. Class A = 8 members Class B = 156 members Life Insurance = 63 members Bahrain Bourse (BHB) provides group medical benefits for its employees

Issued by
Bahrain Bourse
Internal/External
External
Invitation Method
Public (LOCAL GCC)
Initial Bond
BD 500
Bid Validity / Initial Bond Validity Period (Days)
90 days
Tender Fees
BD 30
Contract Duration
1 Year
Is Alternate Bid Allowed
No
Publish Date
Wednesday, 31 January 2024
Purchase Before
Tuesday, 13 February 2024
Closing Date
Wednesday, 21 February 2024
Opening Date
Thursday, 22 February 2024

Additional Notes

Medical and life insurance for Bahrain Bourse employees  ( 1 year ) , life insurance for Bahrain Bourse employees only and medical insurance for Bahrain Bourse employees and family.


التامين الصحي لموظفي بورصة البحرين و عوائلهم (سنة واحدة) بالاضافة الى اتفاقية التامين على الحياة لموظفي بورصة البحرين فقط 

How to Participate?

  • Those who are capable and wish to participate in the above tender have to purchase the Tender Documents online through the Bahrain Tender Board’s portal https://etendering.tenderboard.gov.bh starting from Wednesday, 31 January 2024
  • Bidders are requested to enclose with their bids the Initial Bond for the amount specified above or at the rate of 1% of the tender value whichever amount is lesser, provided that no initial bonds value shall be less than BD 100/-. (Except for the Two-envelope tenders).
  • For Two-envelope tenders, bidders, are requested to enclose with their bids the Initial Bond for the amount specified above.
  • The initial bond should be in the form of a Certified Cheque, Bank Guarantee, Insurance Policy or Cash (or as specified in the Tender Documents) valid for the duration specified above.
  • The bids deposit place: (As Mentioned in the Tender Documents)
  • This tender is subject to the provisions of the Tender Law issued by the Legislative Decree No. 36 of 2002, its amendments, and its Implementing Regulations issued by the Decree No. 37 of 2002.
  • In addition, these conditions have to be considered:
    • Enclose copy of a valid Commercial Registration Certificate (CR) in line with the tender's subject.
    • Enclose copy of a valid certificate of compliance with the employment percentages for Bahraini manpower (Bahranization Certificate) issued by the Ministry of Labour.
  • This advertisement is considered supplementary to the tender documents. In case of any discrepancy between the Advertisement and the Tender Document, the Tender Document prevails.
  • Small and Medium Enterprises are eligible to obtain 10% preference in the financial evaluation stage, when submitting the "SMEs Classification Certificate" during bidding for this tender. The certificate is awarded by Ministry of Industry Commerce and Tourism to the SMEs and can be obtained when applying on the SMEs Registration System which can be reached via the following link: https://www.moic.gov.bh/en/eServices/sme
  • Vendors who are not registered in the Tender Board's e-tendering system shall be required to register through the below-mentioned link, and for assistance please contact the Tender Board through email helpdesk@tenderboard.gov.bh or call on Tel No. +97317566617.
  • For Registration

Inquiries

For further inquiries please contact on:

Bahrain Bourse
  97317261260