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Tender Details

Risk Quantification and Scenario Analysis

Tender Number: 2/2024/GFG (RFP/INT/GFG/2024/02)

PA Ref Number: RFP/INT/GFG/2024/02

Tender Description

Gulf air Group GFG risk management department requires the support of an experienced consultant to define the financial risk tolerance - appetite and risk quantification for Gulf Air Group holding company and its portfolio companies Gulf Air and Bahrain Airport Company. The consultant shall support GFG Risk department in conducting the following activities Assessment of financial risk tolerance - appetite Risk Quantification Financial impact model tool development and Risk Management Team training.

Issued by: Gulf Air Group
Internal/External: Internal
Invitation Method: Public (LOCAL GCC)
Initial Bond: BD 500
Bid Validity / Initial Bond Validity Period (Days): 180 days
Tender Fees: BD 15
Contract Duration: 1 Year
Is Alternate Bid Allowed: No
Publish Date: Thursday, 29 February 2024
Purchase Before: Sunday, 10 March 2024
Closing Date: Tuesday, 19 March 2024
Opening Date: Wednesday, 20 March 2024

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 Thursday, 29 February 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, or Insurance Policy.(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:

Gulf Air Group
17927999

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Tender Details

Risk Quantification and Scenario Analysis

Tender Description

Additional Notes

How to Participate?

Inquiries