Tenders/Hiring insurance companies for Provision of Premium Co-Financing for subsidies for crop
Awarded🇷🇼RwandaServices

Hiring insurance companies for Provision of Premium Co-Financing for subsidies for crop

About This Opportunity

Contract Award | Project: Commercialization and De-Risking for Agricultural Transformation Project | Method: Request for Bids | Ref: RW-RAB-509577-NC-RFB

This is a services contract in the education and training, agriculture and food security and finance and banking sectors, with a focus on Insurance and Pensions. Located in Rwanda, Africa, this opportunity is open to firms and consortiums, with an estimated budget of USD 178.2 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 education and training 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

Project: Commercialization and De-Risking for Agricultural Transformation Project

Contract Award

Project:P171462-Commercialization and De-Risking for Agricultural Transformation Project
Loan/Credit/TF Info:IDA-70840; IDA-70850; IDA-E0170
Bid/Contract Reference No:RW-RAB-509577-NC-RFB
Procurement Method:RFB-Request for Bids
Scope of Contract:Contract for Hiring insurance companies for Provision of Premium Co-Financing for subsidies for crop
Notice Version No:0


Date Notification of Award Issued
(YYYY/MM/DD)
2025/11/25
Duration of Contract

12 Month(s)
Awarded Bidder(s):
SONARWA GENERAL INSURANCE COMPANY LTD (800647)
KNV4 AVE NO 12 Rwanda
Country: Rwanda
Bid Price at Opening
RWF

Evaluated Bid Price
RWF 178186962
Signed Contract price
RWF 178186962

Evaluated Bidder(s):
BK GENERAL INSURANCE COMPANY LIMITED (784759)
KNV4 AVE NO 12 Email:snyirigira@bk.rw Tel: 0788749290
Country: Rwanda
Bid Price at Opening
RWF

Evaluated Bid Price
RWF 178186962

RADIANT YACU LTD (800662)
Nyarugenge, Nyarugenge, Umujyi wa Kigali, RWANDA
Country: Rwanda
Bid Price at Opening
RWF

Evaluated Bid Price
RWF 178186962

OLD MUTUAL INSURANCE RWANDA PLC LIMITED (784746)
Nyarugenge -Granda pension plaza 7th floor Tel:0788804111
Country: Rwanda
Bid Price at Opening
RWF

Evaluated Bid Price
RWF 178186962

Data provenance

This notice is sourced from WB - World Bank and was originally published on March 4, 2026. Last refreshed 2 days ago. Reference: OP00430338. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Commercialization and De-Risking for Agricultural Transformation Project

Commercialization and De-Risking for Agricultural Transformation Project has issued 9 procurement notices on BidsFactory, including 0 currently open and 9 awarded contracts. Activity concentrates in Education & Training, Agriculture & Food Security, and Finance & Banking. All notices are published for Rwanda. Notices are distributed via WB - World Bank. Most recent publication: May 17, 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 OP00430338 when communicating with the contracting authority.

Is this tender still open?

No — the contract has already been awarded to SONARWA GENERAL INSURANCE COMPANY LTD. The award notice is archived on BidsFactory for transparency and market intelligence.

Who is the contracting authority?

This notice was issued by Commercialization and De-Risking for Agricultural Transformation Project in Rwanda. 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 Education & Training sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.

How much was the contract awarded for?

SONARWA GENERAL INSURANCE COMPANY LTD was awarded the contract for $178,186,962. The figure reflects the value disclosed by the contracting authority in the award notice.

Where will the contract be performed?

The contract is for delivery in Rwanda. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

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Key Details

Estimated Budget
$178,186,962 - $178,186,962
Contract Type
Services
Eligibility
Firms / Consortiums
Language
English
Reference
OP00430338

Source

w
world_bank
Official Source

Contracting Authority

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