Articles
ITQ for Group Health Insurance policy in the Kingdom of Saudi Arabia (re-posted on 14 Nov)
14 November 2018
This article has been migrated from an earlier version of the site and may display formatting inconsistencies.
To all Service Providers of Group Health Insurance
EXTENSION OF DEADLINE FOR INVITATION TO QUOTE FOR GROUP HEALTH INSURANCE POLICY IN THE KINGDOM OF SAUDI ARABIA
Please be informed that the Embassy would like to extend the deadline for submission of a quote, to Monday 19 November 2018 to enable more time for interested parties to compile and submit a quote.
With kind regards
LEE SUN CHUN
First Secretary
-----------------------------------------------------------------------------------------------
5 November 2018
To all Service Providers of Group Health Insurance
INVITATION TO QUOTE FOR GROUP HEALTH INSURANCE POLICY IN THE KINGDOM OF SAUDI ARABIA
The Embassy of the Republic of Singapore would like to invite you to quote for a Group Health Insurance Policy for the period 1 January to 31 December 2019.
2 When submitting an offer, it is deemed that you have read and fully understood this letter and the attached annexes which form an integral part of this invitation, and shall comply with the terms and conditions specified therein :
Annex A – Requirement Specifications;
Annex B –Form of Quotation Offer (to be completed; interested service provider should call for list of employees and eligible dependants with personal particulars as these are confidential and will be released on request)
Annex C –List of Preferred Hospitals;
3 Your offer should be prepared by completing and submitting Annex B to the following email address : riyadh_procurement@mfa.sg with the subject “Quotation for Group Health Insurance”. All offers should be received at this email by 1600 hrs on Wednesday 14 November 2018. All costs or expenses related to preparing your proposal will be borne by you.
4 All information supplied to you by the Embassy, either in writing or verbally must be treated in strictest confidence and not to be disclosed to any third parties.
5 The Embassy reserves the right to disqualify a service provider who does not submit a response according to the provisions set out in this letter and the requirements listed in the annexes. The Embassy also does not bind itself to accept the lowest, the whole or any part of any offer.
6 Any offer submitted should remain valid up till 15 Dec 2018.
7 Successful Service Provider will be informed in due course.
8 For any clarifications, you may call me at my tel: 011-480-3855.
With Kind Regards
LEE SUN CHUN
First Secretary
Annex A
REQUIREMENT SPECIFICATIONS
Contract Period
The proposed contract is for a period of one year from 1 Jan to 31 Dec 2019.
Requirements
2 The Service Provider must possess valid licences from the appropriate authorities in the Kingdom of Saudi Arabia for provision of Group Health Insurance for employees in the Kingdom. The persons to be insured will be provided with coverage and benefits stipulated in the Cooperative Medical Insurance Regulations of the Kingdom of Saudi Arabia.
3 The co-payment for each insured person shall be at 20%. As personal information are confidential, please call the Embassy for list of our employees and their eligible dependants together with their personal particulars.
4 The Annual Benefit for each insured person will be SAR 500,000 per annum and be provided with shared-rooms for in-patient treatments as stipulated in the Medical Insurance Regulations.
5 The Service Provider should provide a good network of hospitals and clinics in Riyadh and elsewhere in the Kingdom, and should include at least 2 of the hospitals listed in Annex C.
6 The policy shall allow addition/deletion of insured persons at any time while the policy is in force.
Evaluation Cirteria
7 Offers will be evaluated according to the following criteria:
Evaluation criteria
S/No | Criteria | Weightage |
|---|---|---|
i. | Price Competitiveness | 50% |
ii. | Good Network of Medical Institutions (including 2 from Annex C). | 30% |
iii. | Compliance with Annual Benefit caps of SR 500,000 and provision of shared rooms for in-patient treatments | 20% |
8 Offers should be valid till 15 Dec 2018.
……………………………………………..
Annex B
FORM OF QUOTATION OFFER
To : The Government of the Republic of Singapore
Represented by the Embassy of the Republic of Singapore in Riyadh, Kingdom of Saudi Arabia
Name of Service Provider :
________________________________________________________________
________________________________________________________________
Address :
________________________________________________________________
INVITATION TO QUOTE FOR GROUP HEALTH INSURANCE POLICY
We,______________________________________________[Name of Service Provider], hereby offers a Group Health Insurance Policy for your eligible employees and their dependants in accordance with requirements given in Annex A of this Invitation to quote. The policy is to take effect from 1 January to 31 December 2019.
2 We have noted that employee’s co-payment will be at 20% of relevant medical costs. Based on our insurance policy with good networks of medical institutions, we are able to offer :
Requirements and offer by service provider
Requirements | Offer by Service Provider |
|---|---|
Annual Cap for each insured person (SR 500,000) | Annual Cap : |
Provision of shared rooms for in-patient treatments | Type of rooms : |
3 We confirm that we are able to include (state how many ________) of the preferred hospitals listed in your Annex C.
4 The cost of premiums for each of your eligible employees and their dependants are listed below :
Cost of premiums
Full Name | Gender | Premium (SAR) | VAT if applicable | |
|---|---|---|---|---|
1 | Mahmad Moidukunhi Yarpakatta | Male | ||
2 | Shabhana | Female | ||
3 | Ayshath | Female | ||
4 | Nafisa | Female | ||
5 | Shamil | Male | ||
6 | Anwar Husain | Male | ||
7 | Ibrahim AlJaadi | Male | ||
8 | Ashwaq | Female | ||
9 | Waad | Female | ||
10 | Mohd Haji Hameed | Male | ||
11 | Eldho Mathew | Male | ||
12 | Elna | Female | ||
13 | Elvina | Female | ||
14 | Kalamannayil Kunhalavi | Male | ||
15 | Munira Ali Saied | Female | ||
16 | Maya | Female | ||
17 | Abdullah Ali AbdulHalim | Male | ||
18 | Farida | Female | ||
19 | Ali Ashraf Hussain Talib | Male | ||
20 | Mohammad Jawed Rahi | Male | ||
21 | Sonia Ibrahim Arikat | Female | ||
22 | Samir Omar Nahhas | Male | ||
Premium (SAR) | VAT if applicable | |||
TOTAL |
5 Our offer is valid till 15 December 2018.
6 We declare that we are authorised to submit this offer on behalf of [Name of Service Provider] _____________________________________________.
Dated (Day) (Month) (Year) 2018
Company/Business Registration No :___________________________________
Company’s official Stamp :
Authorised Signature : _______________________________________
Name : ___________________________________________________
Designation : ______________________________________________
NOTICE : This form must be duly completed in your offer to the Embassy, together with other documents that you may wish to submit. Any change to the text may render the offer liable to disqualification.
Annex C
List of Preferred Hospitals
1. Suliman Habib Medical Centre
2. Dallah Hospital
3. Al-Mouwasat Hospital
4. Specialized Medical Centre
……………….