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Swisscontact - Swiss Foundation for Technical Cooperation, is headquartered in Zurich and was founded in 1959 by leading figures from the Swiss private sector and Swiss universities. It is exclusively involved in international cooperation and since 1961 has carried out its own and mandated projects. Swisscontact currently employs over 1,400 staff worldwide and currently manages projects in 38 countries on behalf of public and private donors. Swisscontact is registered as an international non-governmental organization (INGO) in Bangladesh under NGO Affairs Bureau, Government of the People’s Republic of Bangladesh.
Background of BMMDP
Bangladesh, an agriculture-based economy, is extremely susceptible to climate change. Extreme weather events (flood and cyclones) devastate agriculture production, particularly in the northern and southern regions of Bangladesh. Though the agriculture sector contributes around 14% to the GDP, it employs about 40% of the labour force (Bangladesh Economic Review 2019). Therefore, extreme weather events not only pose a threat to the economy but threatens the livelihoods of almost half the labour force population.
To build resilience against shocks and foster rural poverty reduction, there is a need to stimulate growth and commercial production in the agriculture and livestock sectors. Building the capacity of farmers on specialized income-generating activities in agriculture and livestock is likely to foster commercialization. Along with the need for access to inputs, technology and information, there is a strong need for access to financial services that increase farmers’ investment capacity and minimize ex-post risks.
The Bangladesh Microinsurance Market Development Project (BMMDP), also known as Bangladesh Agricultural and Disaster Insurance Programme (BADIP), is mandated by the Swiss Agency for Development and Cooperation (SDC). BMMDP envisions fostering inclusive growth in the agriculture and livestock sector in Bangladesh through agriculture and livestock insurance along with risk-reducing embedded extension services. Swisscontact is acting as the Managing Agent (MA) of the project and wants to have a better understanding of the microinsurance market with particular focus on agriculture and livestock and to come up with systemic interventions under BMMDP’s current phase and possibly for future phase(s).
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Context
BMMDP phase 1 is divided into three components; Swisscontact as the MA is assisting SDC in overall coordination, monitoring, and management of all these project components.
Submission Details
Interested bidders should submit the electronic copy of technical and financial proposals; and other necessary documents to Email: bd.bmmdp@swisscontact.org by November 7, 2021 before 5 pm (Bangladesh Standard Time).
BMMDP programme reserves the right to accept or reject any or all proposals/applications without assigning any reason whatsoever. Please note that if any applicant does not meet all the above requirements, the application will be disqualified without further evaluation. If required, changes in activities, timeline, and budget, a contract may be amended, based on mutual agreement between SCBD and the contractor.
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