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Index-Based Livestock Insurance

Last update: Apr 9, 2014 Last update: Apr 9, 2014

Details

Location:Mongolia
Mongolia
Category:Consulting services
Status:Awarded
Sectors:Law, Financial Services & Audit, Agriculture & Rural Development
Contracting authority:
Funding Agency:
Eligibility:Unknown
Budget:N/A
Date posted: Apr 9, 2014

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Associated Awards

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Project cycle timeline

STAGES
EARLY INTELLIGENCE
PROCUREMENT
IMPLEMENTATION
Cancelled
Status
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Formulation
Approval
Forecast
Open
Closed
Shortlisted
Awarded
Evaluation

Description

Project ID: P088816

Small Contract Award Notice
Mongolia
Project: P088816 - MN-Index-Based Livestock Insurance
Report Period: 01-Mar-2014 - 31-Mar-2014

Awarded Firm/Indv. : GlobalAgRisk Inc.
Address: GlobalAgRisk Inc., The Watkins House, 1008 S. Broadway, Lexington, KY 40504, USA
Contract Signature Date: 17-Mar-2014
Method of Procurement: SSS - Single Source Selection
Price: USD 69,894.00
Duration: 9 Month(s)
Summary Scope of Contract: Consultancy on ratemaking and risk financing of IBLI in Mongolia.

Awarded Firm/Indv. : Richard Carpenter
Address: Suite 4, 11 Church Street, Penistone, Sheffield, South Yorkshire, S36 6AR, United Kingdom
Contract Signature Date: 17-Mar-2014
Method of Procurement: SSS - Single Source Selection
Price: USD 47,300.00
Duration: 9 Month(s)
Summary Scope of Contract: Consultancy on IBLI legal and regulatory framework in Mongolia.

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tender Background

About the Funding Agency

The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.

The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.

About the Sectors

Law

Covers initiatives that strengthen legal systems, support justice sector reforms, and promote the rule of law at national and international levels.


Key areas:
  • Legal and judicial reform
  • Regulatory and legislative development
  • Justice sector and court system strengthening
  • Public safety, police, and penitentiary reform

Financial Services & Audit

Covers financial, banking, insurance, investment, and audit services related to the management, transfer, and oversight of financial resources.


Key areas:
  • Financial services, banking, and insurance
  • Accounting, auditing, and financial reporting
  • Investment, capital markets, and financial inclusion

Locations

Mongolia

Mongolia invests heavily in transport corridors, mining-related infrastructure, and energy projects to facilitate mineral exports and strengthen regional trade links. Railways, roads, and cross-border logistics infrastructure are central to integrating with neighboring markets, particularly China. Financing comes from state resources, foreign direct investment, and multilateral institutions. Economic dependence on commodity cycles, governance capacity, and diversification constraints shape infrastructure sustainability.

Nr. of tenders: 12754
Nr. of grants: 2185
Nr. of donors: 427
Nr. of jobs: 21
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