Subscription to a global property damage insurance policy for the benefit of the PAREC UCG

The tender pertains to the subscription of an annual "All Risks" insurance policy for vehicles associated with the Cameroon Education Reform Support Project (PAREC). This project is part of the broader education reform initiative in Cameroon, aimed at enhancing the educational framework and infrastructure. The procurement method utilized for this contract is Direct Selection, indicating a streamlined process for awarding the contract. The reference number for this bid is CM-PAREC-473696-NC-DIR, and it falls under the IDA-D2910 loan/credit framework. The awarded bidder for this contract is SUNU ASSURANCES IARD CAMEROUN SA, located in Douala, with a bid price of XAF 9,007,268. The contract duration is set for 12 months, starting from the date of award notification, which was issued on November 27, 2025. This insurance policy is crucial for safeguarding the vehicles used in the education reform program, ensuring that they are covered against potential damages and risks. The successful bidder is expected to provide comprehensive coverage that aligns with the operational needs of the project.

This is a services contract in the education and training, transport and logistics and security and defense sectors, with a focus on Education Policy and Police. Located in Cameroon, Africa, this opportunity is open to firms and consortiums.

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.