Risk Model and Monitoring System

This specific tender is managed via the new supplier portal system of UNDP Quantum. If you are interested in submitting a bid for this tender, you must subscribe following the instructions in the user guide. If you have not registered a profile with this system, you can do so by following the link for Supplier Registration.

If you already have a supplier profile, please login to the Supplier Portal, then search for the negotiation using the reference number UNDP-FJI-00351,3, following the instructions in the user guide.

Introduction

Risk Model and Monitoring System

The overall objective is to develop a parametric (trigger-based) insurance product for selected Pacific Small Island Developing States (PSIDS), including but not limited to Fiji, Vanuatu, Tonga, Samoa, Papua New Guinea, Kiribati, Timor-Leste and Solomon Islands covering extreme weather and natural  hazards (namely extreme wind, extreme rain, and drought and geo hazards such as earthquakes, tsunami). At a secondary level, the objective includes the development of a near real-time extreme weather monitoring system and calculating agent. 

 It should be noted that these parametric insurance products are intended to be sold to the lower- and middle-income groups in the Programme focus countries.For that reason, it is important to keep the potential product cost as low as possible so that individuals and groups of different income levels will be able to afford them. It will thus be appreciated if, when possible, the firm minimizes running costs so that these additional costs are not passed on to potential policy holders. Additionally, at the end of the contract’s duration, country partners should be able to own, use and further develop their risk information.

The firm shall aim to adhere to the guidelines specified in the Insurance Development Forum (IDF)’s “Risk modelling standards and best practices for companies engaged in IDF projects for sub/sovereigns, including the Tripartite Agreement” (found in the Annex).  

Pre-proposal conference is schedule for:

Date: Thursday 16-Nov-23

Time: 4pm (Fiji Time)

Venue: Zoom


Please email below to register your interest to attend the conference:

deepak.naicker@undp.org 

Further to the initial advertisement, please also find attached the RMSG Standards as additional information for the Request for Proposal.

Please indicate whether you intend to submit a bid by creating a draft response without submitting directly in the system. This will enable the system to send notifications in case of amendments of the tender requirements. Should you require further clarifications, kindly communicate using the messaging functionality in the system. Offers must be submitted directly in the system following this link: http://supplier.quantum.partneragencies.org  using the profile you may have in the portal. In case you have never registered before, you can register a profile using the registration link shared via the procurement notice and following the instructions in guides available in UNDP website: https://www.undp.org/procurement/business/resources-for-bidders Do not create a new profile if you already have one. Use the forgotten password feature in case you do not remember the password or the username from previous registration.

Search for the specific tender using search filters and subscribe to the tender in order to get notifications in case of amendments of the tender document. If you need support with the online system, you can contact the contact details of this tender as indicated in the solicitation document.

UNDP PACIFIC OFFICE

PROCUREMENT UNIT

Amendment

Pre-proposal Meeting Minutes

Documents :

Negotiation Document(s) (Before Accessing other negotiations Document(s), please click on this link)