Subscription to an insurance policy for the staff of the PACRI/PSRDREN UGP

This tender involves the subscription of a health insurance policy for the personnel of the Project Management Unit (UGP) of the Enhancing Connectivity and Resilience in the Far North of Cameroon for Inclusiveness Project (P178207). The procurement method utilized is a Request for Quotations (RFQ), with the reference number CM-MINEPAT-208-NC-RFQ. The project is financed by IDA-73510 and aims to improve connectivity and resilience in the Far North region of Cameroon. The awarded contract, valued at XAF 35,000,000, was granted to ROYAL ONYX INSURANCE CIE S.A., based in Douala. The contract duration is set for two years, commencing from the date of award notification issued on February 3, 2026. Other bidders included AREA ASSURANCES, ZENITHE INSURANCE, and AXA CAMEROUN, with their respective bid prices evaluated at XAF 88,000,000, XAF 63,975,237, and XAF 47,980,104. Notably, AXA CAMEROUN's bid was accepted at a lower evaluated price of XAF 35,337,254. A bid from NSIA ASSURANCES was rejected due to non-compliance with eligibility requirements. This tender highlights the importance of providing adequate health insurance coverage for project staff, ensuring their well-being and productivity in the execution of the project.

This is a services contract in the finance and banking sector, with a focus on Insurance. Located in Cameroon, Africa, this opportunity is open to firms and consortiums, with an estimated budget of USD 35.0 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 finance and banking 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.