Summary
Machine-generated summaryThis tender, conducted as a published request for quotations, covers the procurement of services. The contracting authority seeks general civil liability insurance for the institution as well as civil liability insurance for its directors and officers. The cover applies for a period of 12 months. The procurement object is not divided into parts or lots, so bidders must offer the full scope of both insurance services in a single tender.
Key points
Original text
Bid or no-bid?
Six questions before you commit a team. Under each one, what the register holds on it. The answers are yours.
Can I bid?
- Documents in Lithuanian.
- Certificates from another EU country? Check the equivalents on eCertis
Official source
Source: CVP IS - Lithuanian central public procurement information system (VPT), calls below the EU thresholds
Always verify details on the official notice.
Report an error in this notice
Last verified against CVP IS - Lithuanian central public procurement information system (VPT), calls below the EU thresholds 1 hour ago
Expected award price
- likely award for this notice, from its published estimate of €32,000
- €19,840 to €32,000
Comparable awards in this country and sector came in at a median of 88% of their published estimate, half of them between 62% and 100%, based on 47 awards of the last 3 years.
Each award is compared with the estimate of the same lots, framework agreements excluded. A published estimate may include options and renewals, so an award under it is not always a discount.
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 717 awards for Financial & insurance services in Lithuania.
- This notice
- €32,000
- Median award
- €48,046
- Middle half of past awards
- €18,864 to €114,725
The estimate sits inside the usual range.
Award values as published by the official sources. Use them as a guide, not a rule: scope, lots and duration differ between contracts.
The buyer
Full buyer profileNacionalinis bendrųjų funkcijų centras
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Lithuania
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| AAS „BTA Baltic Insurance Company“ filialas Lietuvoje | 30 | €4.5M | Oct 2026 |
| Lietuvos draudimas AB | 27 | €9.9M | Sep 2026 |
| ADB „Compensa Vienna Insurance Group“ | 21 | €7.4M | Oct 2026 |
| ERGO Insurance SE Lietuvos filialas | 14 | €4.0M | Oct 2026 |
| SEB Bankas AB | 9 | €3.1M | Aug 2026 |
Based on 155 awards with a linked company profile over the last 2 years.
Market context
Larger than 8% of the open notices in Financial & insurance services across Europe.
- open now in Financial & insurance services
- 3,498
- median open notice
- €443,022
Who wins in this market
Moderately concentratedLithuania · Financial & insurance services
- different companies won awards here
- 32
- of the awards went to the three most frequent winners
- 50%
- buyers awarded contracts here
- 47
Based on 155 awards with a named winner over the last 3 years. Counted by award, not by value, because lot and framework amounts are not comparable. Concentrated means the three most frequent winners took 65% or more of the awards; many suppliers, under 35% with at least ten different winners.
Competition
- tenders per lot on average (open and restricted procedures)
- 2.2
- of those lots received a single tender
- 27%
- of the awards went to companies based in another country
- 2%
As the official award notices state them, over the last 3 years. Tenders per lot count open and restricted procedures only: in a negotiated procedure or a direct award a single tender is the procedure itself. The country is the one the notice gives for the winner.
Similar tenders
Open now
Awarded before
Never miss a tender like this
16 new notices in Financial & insurance services in Lithuania in the last 7 days. Get an email when new ones appear. Free.
Set up my alert