Tender Details

Providing Medical Insurance Scheme for Eskan Bank & Subsidiary Staff

Tender Number: 431/2023/BTB (EB-2023-E 02)

PA Ref Number: EB-2023-E 02

Tender Description

- This tender is issued by ESKAN BANK for the purchase of medical insurance for three categories (VVIP, VIP & A) - All scheme members (Members, Employees of ESKAN BANK and their families) are to be insured (around 500 members). - The provided quotes must be for a Three years period and the premium rate quoted must be a flat rate for all members and must remain unchanged for Three years; subject to the loss ratio remaining less than 90% of Gross Premium Received for the first year Policy Period

Issued by
Eskan Bank
Internal/External
External
Invitation Method
Public (LOCAL GCC)
Initial Bond
BD 2500
Bid Validity / Initial Bond Validity Period (Days)
180 days
Tender Fees
BD 100
Contract Duration
1150 Day
Is Alternate Bid Allowed
No
Publish Date
Tuesday, 11 July 2023
Purchase Before
Saturday, 05 August 2023
Closing Date
Sunday, 13 August 2023
Opening Date
Monday, 14 August 2023

Additional Notes

هذه المناقصة صادرة من بنك الاسكان لشراء تأمين طبي لثلاث فئات (VVIP-VIP & A) - سيتم تأمين جميع والموظفين في بنك اسكان وعائلاتهم (حوالي 500 عضو) - يجب أن تكون عروض الأسعار المقدمة لمدة ثلاث سنوات وأن يكون معدل الأقساط المعروض ثابتًا لجميع الأعضاء ويجب أن يظل دون تغيير لمدة ثلاث سنوات ؛ تخضع لنسبة الخسارة المتبقية أقل من 90٪ من إجمالي الأقساط المستلمة للسنة الأولى من فترة الوثيقة..

,

- This tender is issued by ESKAN BANK for the purchase of medical insurance for three categories (VVIP, VIP & A) - All scheme members (Members, Employees of ESKAN BANK and their families) are to be insured (around 500 members). - The provided quotes must be for a Three years period and the premium rate quoted must be a flat rate for all members and must remain unchanged for Three years; subject to the loss ratio remaining less than 90% of Gross Premium Received for the first year Policy Period


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 Tuesday, 11 July 2023
  • 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.
  • Micro, 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:

Eskan Bank
  17567788