Contracting of insurance policies for the Central Bank of Ecuador
About This Opportunity
TranslatedThis tender, identified by process code LICSG-BCE-2025-001-2457, is for the procurement of insurance policies for the Central Bank of Ecuador. The contracting entity is the Central Bank of Ecuador, and the procurement modality is an Insurance Bidding process. The scope of work is a single global item with an estimated value of USD 5,386,739.21. Interested bidders are required to review the tender documents and technical specifications for detailed requirements. Eligibility criteria for bidders include the economic offer, other qualification parameters, general experience, and specific experience. This procurement aims to secure comprehensive insurance coverage for the assets and operations of the Central Bank of Ecuador, ensuring financial protection against various risks. The selection process will evaluate not only the financial competitiveness of the bids but also the bidders' capacity and track record in providing similar insurance services. This is a significant opportunity for insurance providers to engage with a key financial institution in Ecuador.
This is a services contract in the governance and public administration sector. Located in Ecuador, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 5.4 million.
Published through SERCOP Ecuador, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the governance and public administration sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Auto-translated from SpanishProcess Code: LICSG-BCE-2025-001-2457
CONTRACTING OF INSURANCE POLICIES FOR THE CENTRAL BANK OF ECUADOR
Required Items:
REVIEW THE SPECIFICATIONS AND TECHNICAL DATA SHEETS OF THIS PROCESS - Quantity: 1 Global (USD 5,386,739.21)
Contracting Entity: CENTRAL BANK OF ECUADOR
Contracting Modality: Insurance Tender
Eligibility Criteria: Economic Offer, Other Qualification Parameters, General Experience, Specific Experience
Data provenance
This notice is sourced from SERCOP Ecuador and was originally published on October 21, 2025. Last refreshed 45 days ago. Original language: Spanish. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About BANCO CENTRAL DEL ECUADOR
BANCO CENTRAL DEL ECUADOR has issued 135 procurement notices on BidsFactory, including 1 currently open and 124 awarded contracts. Activity concentrates in Governance & Public Administration, Construction & Civil Works, and Information & Communication Technology. All notices are published for Ecuador. Notices are distributed via SERCOP Ecuador. Most recent publication: August 19, 2026.
Frequently asked questions about this tender
Who is the contracting authority?
This notice was issued by BANCO CENTRAL DEL ECUADOR in Ecuador. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Governance & Public Administration sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
What is the estimated budget?
The estimated contract value is $5,386,739 - $5,386,739. Bidders should ensure their proposals are consistent with this range and account for any local taxes and contract execution costs.
Where will the contract be performed?
The contract is for delivery in Ecuador. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit SERCOP Ecuador to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to HISPANA DE SEGUROS Y REASEGUROS S.A.. The award notice is archived on BidsFactory for transparency and market intelligence.
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