Specific Procurement Notice at The Development Bank of Rwanda | Rwanda | Deadline 08-06-2026

Specific Procurement Notice at The Development Bank of Rwanda | Rwanda | Deadline 08-06-2026

Employer: Development Bank of Rwanda (BRD) Plc

Project: Access to Finance for Recovery and Resilience Project (AFIRR)

Contract title: Lead Insurer of the backstop insurance policy for Bridge Lending Windows (BLW)

Country: RWANDA

Loan No. /Credit No. / Grant No.: P175273

RFB No: 5/3/2026/BRD/PC&CS/CS

Issued on: 7th May 2026

1. The Government of the Republic of Rwanda (GoR) has received financing from the World

Bank toward the cost of the Access to Finance for Recovery and Resilience Project

(AFIRR) which Development Bank of Rwanda (BRD is implementing the Project on the

behalf of the GoR. BRD intends to apply part of the proceeds toward payments under the

contract for lead insurer of the backstop insurance policy for Bridge Lending Windows

(BLW).

1. The Development Bank of Rwanda (BRD) Plc now invites sealed Bids from eligible Bidders

for the provision of the Backstop Insurance Policy for the Bridge Lending Windows

(BLW).

1. Bidding will be conducted through international competitive procurement using a Request for

Bids (RFB) as specified in the World Bank’s “Procurement in Investment Project

Financing Goods, Works, Non-Consulting and Consulting Services seventh Edition,

September 2025, and is open to all eligible Bidders as defined in the Procurement

Regulations.

1. Bids will be evaluated in accordance with the evaluation process set out in the bidding

documents. The following weightings shall apply for Rated Criteria (including technical and

non-price factors):50%, and for the Bid cost: 50%.

1. Interested eligible Bidders may obtain further information procurement@brd.rw and inspect

the bidding document during office hours from 09:00 to 1700 hours at BRD headquarters –

Kigali City, Nyarugenge District, Nyarugenge Sector, Kiyovu Cell, KN34st, No17. An online

pre-biding meeting shall be held on 14 th May 2026 from 11:00am (link shall be shared to

all interested bidders who will be having purchased the Request for Bids).

1. The bidding document in English will be accessible on https://www.brd.rw/ Our

Publication/tender advert.

1. Bids must be delivered to the BRD headquarters – Kigali City, Nyarugenge District,

Nyarugenge Sector, Kiyovu Cell, KN34st, No17 on or before on 8 th June 2026 not later than

10:00am Kigali time. Electronic Bidding will be permitted. Late Bids will be rejected. The

outer Bid envelopes marked “ORIGINAL BID”, and the inner envelopes marked

“TECHNICAL PART” will be publicly opened in the presence of the Bidders’ designated

representatives and anyone who chooses to attend, at the BRD on 2 nd Floor, on 8 th June

Section X – Contract Forms 2

2026 at 10:30 am Kigali time (GMT +2). All envelopes marked “FINANCIAL PART” shall

remain unopened and will be held in safe custody of the Employer until the second public

Bid opening or protected password will be provided during the financial opening session on

the following email procurement@brd.rw.

1. All Bids must be accompanied by a Bid Security of 87,600,000 Rwandan francs.

2. Attention is drawn to the Procurement Regulations requiring the Borrower to disclose

information on the successful bidder’s beneficial ownership, as part of the Contract Award

Notice, using the Beneficial Ownership Disclosure Form as included in the bidding document.

1. The address referred to above is

Development Bank of Rwanda (BRD)

Stella Rusine Nteziryayo, Chief Executive Officer

Kigali City, Nyarugenge District, Nyarugenge Sector, Kiyovu Cell, KN34st, No17

P.O.B 1341 Kigali, Rwanda;

Development Bank of Rwanda (BRD) office, 2nd Floor, Procurement Office

Yours truly,

Nadine TETA MBABAZI Stella Rusine Nteziryayo

Director, People, Culture & Corporate Services Chief Executive Officer