Procurement Plan (Text Part) Bangladesh Insurance Sector Development Project (BISDP) Project information: (i) Country: Bangladesh (ii) Project Name: Bangladesh Insurance Sector Development Project (BISDP) (iii) P-Number: P156823 Project Implementation agency: Insurance Development and Regulatory Authority (IDRA) Period covered by this Procurement Plan: Entire Project Period 1. Preamble The Bank’s Systematic Tracking and Exchanges in Procurement (STEP) system will be used to record all procurement actions for the Project, including preparing, updating and clearing its Procurement Plan, and seeking and receiving the Bank’s review and No-objection to procurement actions as required. This textual part along with the Procurement Plan tables in STEP constitute the Procurement Plan for the Project. The following conditions apply to all procurement activities in the Procurement Plan. 2. Prior Review Thresholds Procurement Prior Review Thresholds (US$ millions) Type of Procurement High risk Substantial risk Moderate risk Low risk Works (including turnkey, supply & 5 10 15 20 installation of plant and equipment, and PPP) Goods, information technology and non- 1.5 2 4 6 consulting services Consulting services: 0.5 1 2 4 firms Consulting services: 0.2 0.3 0.4 0.5 individuals Notes: 1. These thresholds apply to all procurement activities regardless of their procurement/selection methods. There is no automatic requirement to undertake prior review for direct selection for value less than these thresholds. Consultant services covers a range of services that are of an advisory or professional nature. 2. Use of Standard Procurement Documents: For all procurements under the project, the Bank’s Standard Procurement Documents (or other documents agreed with the Bank) shall be used; 3. Request for Bids (Open-National) will be carried out under the Bank Procurement Guidelines following procedures for Open Tendering Method (OTM) of the People’s Republic of Bangladesh (Public Procurement Act, 2006 – PPA, 2006 and The Public Procurement Rules, 2008 – PPR, 2008 using standard bidding documents satisfactory to the Bank. For the purpose of Request for Bids (Open-National) the following shall apply: a. Post bidding negotiations shall not be allowed with the lowest evaluated or any other bidder; b. Bids should be submitted and opened in public in one location immediately after the deadline for submission; c. Lottery in award of contracts shall not be allowed; d. Bidders’ qualification/experience requirement shall be mandatory; e. Bids shall not be invited or rejected on the basis of percentage above or below the estimated cost and contract award shall be based on the lowest evaluated bid price of compliant bid from eligible and qualified bidder; and f. Single stage two (2) envelope procurement system shall not be allowed. 2. Prequalification. Not Applicable. 3. Proposed Procedures for CDD Components (as per paragraph. 3.17 of the Guidelines: Not Applicable. 4. Reference to (if any) Project Operational/Procurement Manual: Not Applicable 5. Any Other Special Procurement Arrangements: Not Applicable. 6. Short list comprising entirely of national consultants: Short list of consultants for services, estimated to cost less than $ 500,000 equivalent per contract, may comprise entirely of national consultants in accordance with the provisions of paragraph 2.7 of the Consultant Guidelines. Any Other Special Selection Arrangements: Not Applicable. PROCUREMENT Bangladesh : Bangladesh Insurance Sector Development Project PLAN General Information Country: Bangladesh Bank’s Approval Date of the Original Procurement Plan: 2017-01-09 2019-07-10 Revised Plan Date(s): (comma delineated, leave blank if none) Project ID: P156823 GPN Date: 2019-04-03 Project Name: Bangladesh Insurance Sector Development Project Loan / Credit No: / , IDA / 59720 Executing Agency(ies): Insurance Development and Regulatory Authority WORKS Bid Evaluation Activity Reference No. / Draft Bidding Loan / Credit Market Procurement Prequalification Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and Description Component Review Type Method Document / Signed Contract Contract Completion No. Approach Process (Y/N) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for Justification Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual GOODS Bid Evaluation Activity Reference No. / Draft Bidding Loan / Credit Market Procurement Prequalification Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and Description Component Review Type Method Document / Signed Contract Contract Completion No. Approach Process (Y/N) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for Justification Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual G1-1 / IT & Supporting Single Stage - One Equipment : Office / Post Request for Bids Open - National 52,937.96 Signed 2017-04-05 2017-04-10 2017-05-01 2017-05-31 2017-07-12 2017-10-10 Envelope Equipment G4-1 / Basic automation Pending including ERP, HRMIS and Open - Single Stage - One / Prior Request for Bids 0.00 Implementati 2017-06-25 2017-07-15 2017-09-03 2017-12-02 2018-01-13 2019-01-13 Enterprice E-mail System for International Envelope on IDRA & BIA G4-2 / Basic automation Pending including ERP, HRMIS and Open - Single Stage - One / Prior Request for Bids 0.00 Implementati 2017-06-25 2017-07-15 2017-09-03 2017-12-02 2018-01-13 2019-01-13 Enterprise E-mail System at International Envelope on SBC and JBC G8 / Core Insurance Pending Open - Single Stage - One applications at SBC and / Prior Request for Bids 0.00 Implementati 2018-04-22 2018-05-12 2018-07-01 2018-09-29 2018-11-10 2019-07-08 International Envelope JBC on G9-1 / Document Pending Open - Single Stage - One Management System for / Prior Request for Bids 0.00 Implementati 2018-05-23 2018-06-12 2018-08-01 2018-10-30 2018-12-11 2019-06-09 International Envelope IDRA & BIA on G9-2 / Document Pending Open - Single Stage - One Management System for / Prior Request for Bids 0.00 Implementati 2018-05-23 2018-06-12 2018-08-01 2018-10-30 2018-12-11 2019-06-09 International Envelope SBC and JBC on Pending G11 / Fraud detection and Open - Single Stage - One / Post Request for Bids 0.00 Implementati 2018-06-28 2018-07-13 2018-09-01 2018-11-30 2019-01-11 2019-05-11 prevention system International Envelope on Pending G12 / Centralized rating Open - Single Stage - One / Post Request for Bids 0.00 Implementati 2018-08-28 2018-09-12 2018-11-01 2019-01-30 2019-03-13 2019-07-11 system International Envelope on G14 / Call center & Pending Customer Relationship Open - Single Stage - One / Prior Request for Bids 0.00 Implementati 2018-07-23 2018-08-12 2018-10-01 2018-12-30 2019-02-10 2019-08-09 Management system at SBC International Envelope on and JBC Page 1 G10-2 / Business Pending Open - Single Stage - One Intelligence and data / Prior Request for Bids 0.00 Implementati 2018-05-23 2018-06-12 2018-08-01 2018-10-30 2018-12-11 2019-06-09 International Envelope analytics at SBC and JBC on G7-2 / Certification of Pending Open - Single Stage - One employers of agents & / Post Request for Bids 0.00 Implementati 2018-04-22 2018-05-24 2018-07-17 2018-10-15 2018-11-26 2019-07-24 International Envelope brokers on G10-1 / Business Pending Open - Single Stage - One Intelligence and data / Post Request for Bids 0.00 Implementati 2018-05-23 2018-06-28 2018-08-21 2018-11-21 2019-01-02 2019-07-01 International Envelope analytics at IDRA & BIA on Pending G13 / Motor road accident Single Stage - One / Post Request for Bids Open - National 0.00 Implementati 2018-08-21 2018-09-12 2018-11-01 2018-12-31 2019-02-11 2019-06-11 database Envelope on Single Stage - One G1-2 / Furniture & Fixture IDA / 59720 Post Request for Bids Open - National 12,390.56 Signed 2019-03-15 2019-04-04 2019-05-24 2019-06-23 2019-08-04 2019-11-02 Envelope Under Single Stage - One G1-3 / IT Equipment IDA / 59720 Post Request for Bids Open - National 0.00 Implementati 2019-02-25 2019-03-12 2019-05-01 2019-05-31 2019-07-12 2019-10-10 Envelope on Pending G3-1 / Modernization Single Stage - One IDA / 59720 Post Request for Bids Open - National 0.00 Implementati 2019-06-07 2019-06-27 2019-08-16 2019-11-14 2019-12-26 2020-04-24 Classroom Envelope on Pending G3-2 / Setting up Research Single Stage - One IDA / 59720 Post Request for Bids Open - National 0.00 Implementati 2019-06-19 2019-07-09 2019-08-28 2019-11-26 2020-01-07 2020-05-06 Center Envelope on G5 / Distance learning Pending Single Stage - One center with Videoconference IDA / 59720 Post Request for Bids Open - National 0.00 Implementati 2020-04-11 2020-05-01 2020-07-05 2020-09-13 2020-10-25 2021-01-23 Envelope and audio visual facilities on G6 / Development and Pending Single Stage - One Implementation of Interactive IDA / 59720 Post Request for Bids Open - National 0.00 Implementati 2020-06-18 2020-07-06 2020-08-17 2020-11-08 2020-12-20 2021-06-18 Envelope Portal on Pending G7-1 / Online approval of Open - Single Stage - One IDA / 59720 Post Request for Bids 0.00 Implementati 2020-10-07 2020-11-07 2020-12-27 2021-04-06 2021-05-18 2022-01-13 agents International Envelope on G2-1 / IT & Supporting Pending Open - Single Stage - One Power Infrastructure at IDA / 59720 Prior Request for Bids 0.00 Implementati 2019-07-16 2019-07-31 2019-08-04 2019-09-03 2019-10-15 2020-10-14 International Envelope IDRA & BIA on G2-2 / IT & Supporting Pending Power Infrastructure and Open - Single Stage - One IDA / 59720 Prior Request for Bids 0.00 Implementati 2019-12-15 2020-01-04 2020-02-15 2020-03-16 2020-04-27 2021-04-27 Installation of Software at International Envelope on SBC and JBC G2-2-1 / Supply and Single Stage - One IDA / 59720 Post Request for Bids Open - National 231,284.43 Signed 2019-04-14 2019-04-19 2019-05-10 2019-05-20 2019-06-24 2019-08-08 installation of IT equipment Envelope NON CONSULTING SERVICES Bid Evaluation Activity Reference No. / Draft Bidding Loan / Credit Market Procurement Prequalification Actual Amount Process Draft Pre-qualification Prequalification Specific Procurement Bidding Documents Proposal Submission / Report and Description Component Review Type Method Document / Signed Contract Contract Completion No. Approach Process (Y/N) (US$) Status Documents Evaluation Report Notice / Invitation as Issued Opening / Minutes Recommendation for Justification Award Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual CONSULTING FIRMS Page 2 Activity Reference No. / Combined Evaluation Loan / Credit Market Contract Type Actual Amount Expression of Interest Short List and Draft Request for Proposals Opening of Technical Evaluation of Description Component Review Type Method Process Status Terms of Reference Report and Draft Signed Contract Contract Completion No. Approach (US$) Notice Request for Proposals as Issued Proposals / Minutes Technical Proposal Negotiated Contract Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual Planned Actual S10-1 / Acturial Firm - Quality And Cost- Open - Pending / Prior 0.00 2018-04-30 2018-05-21 2018-07-04 2018-08-01 2018-09-30 2018-11-04 2018-12-16 2020-12-15 Firm Based Selection International Implementation S4 / Sector-wide Protection Quality And Cost- Open - Under / Post 0.00 2017-10-17 2017-11-07 2017-12-26 2018-01-23 2018-04-01 2018-05-06 2018-06-17 2020-06-16 Gap study - Firm Based Selection International Implementation S5 / Awareness and Quality And Cost- Open - Pending Insurance Literacy program - / Post 0.00 2018-04-18 2018-05-09 2018-06-30 2018-07-28 2018-10-03 2018-11-07 2018-12-19 2021-12-18 Based Selection International Implementation Firm S7 / Review existing Quality And Cost- Open - Pending / Post 0.00 2017-10-31 2017-11-21 2018-01-04 2018-02-01 2018-04-22 2018-05-27 2018-07-08 2020-06-27 product lines - Firm Based Selection International Implementation S12 / Life Insurance Quality And Cost- Open - Pending Distribution Network Expert / Post 0.00 2018-04-30 2018-05-21 2018-07-15 2018-08-12 2018-10-11 2018-11-15 2018-12-27 2021-06-24 Based Selection International Implementation (Broker Agent) - Firm S2-1 / International Quality And Cost- Open - Under Regulatory and Supervisor IDA / 59720 Prior 0.00 2019-02-26 2019-03-28 2019-06-16 2019-06-18 2019-08-07 2019-09-04 2019-10-16 2022-10-15 Based Selection International Implementation Expert Firm S2-2 / Legal and Quality And Cost- Open - Pending IDA / 59720 Prior 0.00 2019-11-01 2019-12-16 2020-03-15 2020-05-04 2020-08-07 2020-09-18 2020-10-30 2022-10-30 Regulatory Expert - Firm Based Selection International Implementation S8-1 / Review of Financial Quality And Cost- Open - / Post 0.00 Canceled 2017-12-31 2018-01-21 2018-03-06 2018-04-03 2018-06-02 2018-07-07 2018-08-18 2020-08-07 Condition of SBC - Firm Based Selection International S8-2 / Review of Financial Quality And Cost- Open - / Post 0.00 Canceled 2017-12-31 2018-01-21 2018-03-06 2018-04-03 2018-06-02 2018-07-07 2018-08-18 2020-08-17 Condition of JBC - Firm Based Selection International S13-3-1 / Selection of International IT Consulting Quality And Cost- Open - Pending Firm for review of IT IDA / 59720 Prior 0.00 2019-07-15 2019-08-05 2019-09-18 2019-10-16 2019-11-15 2019-12-20 2020-01-24 2022-07-12 Based Selection International Implementation requirements and Implementation Support S11 / Asset Liability Quality And Cost- Open - Pending IDA / 59720 Prior 0.00 2019-07-14 2019-08-04 2019-09-17 2019-10-15 2019-12-14 2020-01-18 2020-02-29 2022-08-31 Management Study - Firm Based Selection International Implementation INDIVIDUAL CONSULTANTS Page 3