Provision of a biennial health insurance policy for the staff of the Program Coordination Unit

This tender pertains to the provision of a biannual health insurance policy specifically for the key personnel of the Program Coordination Unit involved in the Cameroon Power Sector Reform Program. The procurement method employed is a Request for Quotations (RFQ), and the reference number for this contract is CM-MINEE/UCP-PFORR/028. The awarded contract, with a duration of 24 months, was granted to AREA ASSURANCES, with a bid price of XAF 20,397,587. The notification of award was issued on January 23, 2026. The tender is part of the broader Cameroon Power Sector Reform Program, which is supported by IDA financing (Loan/Credit/TF Info: IDA-73940). The scope of the contract includes the subscription to a health insurance policy that covers not only the staff but also their dependents. Several bidders were evaluated, including PRUDENTIAL BENEFICIAL GENERAL INSURANCE SA, AXA ASSURANCES, and NSIA ASSURANCES, all of which were rejected due to failure to meet the minimum technical score required for this tender. The tender is significant for ensuring the health and well-being of personnel involved in the critical reform efforts within the electricity sector in Cameroon.

This is a services contract in the energy and power, finance and banking and security and defense sectors, with a focus on Insurance and Police. Located in Cameroon, Africa, this opportunity is open to firms and consortiums, with an estimated budget of USD 20.4 million.

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 services in the energy and power 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.