Development of The National Financial Catastrophic Loss Model for The Inclusion Of State-Owned Bridge Assets (ABMN), Climate Change, Economic Loss Assessment, and Formulation of Bridge Insurance Policy in South Sulawesi and Nusa Tenggara - Project GRiF
About This Opportunity
Contract Award | Project: Indonesia Disaster Risk Finance & Insurance | Method: Direct Selection | Ref: ID-IEF-527890-CS-CDS
This is a consulting contract in the construction and civil works, environment and climate and finance and banking sectors, with a focus on Bridges and Insurance. Located in Indonesia, Asia, this opportunity is open to firms and consortiums, with an estimated budget of USD 2.5 billion.
Published through WB - World Bank, a multilateral development bank that follows standardized international procurement guidelines. Projects funded by multilateral institutions are generally open to international bidders from eligible member countries for consulting in the construction and civil works sector. Consulting assignments are typically evaluated with a strong emphasis on the technical proposal, including the methodology and qualifications of key experts. Shortlisted firms may be invited to submit financial proposals in a second stage. This contract has already been awarded. The information is published for transparency and market intelligence purposes.
Description
Contract Award
Project:P173249-Indonesia Disaster Risk Finance & Insurance
Loan/Credit/TF Info:TF-B4675
Bid/Contract Reference No:ID-IEF-527890-CS-CDS
Procurement Method:CDS-Direct Selection
Scope of Contract:Development of The National Financial Catastrophic Loss Model for The Inclusion Of State-Owned Bridge Assets (ABMN), Climate Change, Economic Loss Assessment, and Formulation of Bridge Insurance Polic
Notice Version No:0
(YYYY/MM/DD)
2026/01/05
2 Month(s)
Country: Indonesia
IDR 2473553000
Signed Contract Price
IDR 2473553000
Data provenance
This notice is sourced from WB - World Bank and was originally published on March 2, 2026. Last refreshed 3 days ago. Reference: OP00429956. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Indonesia Disaster Risk Finance & Insurance
Indonesia Disaster Risk Finance & Insurance has issued 25 procurement notices on BidsFactory, including 0 currently open and 25 awarded contracts. Activity concentrates in Finance & Banking, Information & Communication Technology, and Environment & Climate. All notices are published for Indonesia. Notices are distributed via WB - World Bank. Most recent publication: April 5, 2026.
Frequently asked questions about this tender
How can I submit a bid?
Visit WB - World Bank to access the full notice, required documents, and submission instructions. Quote reference OP00429956 when communicating with the contracting authority.
Is this tender still open?
No — the contract has already been awarded to PT LAPI ITB. The award notice is archived on BidsFactory for transparency and market intelligence.
Who is the contracting authority?
This notice was issued by Indonesia Disaster Risk Finance & Insurance in Indonesia. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Consulting contract in the Construction & Civil Works 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 $2,473,553,000 - $2,473,553,000. 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 Indonesia. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
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