Summary
Machine-generated summaryThis tender concerns the procurement of insurance services. The contracting authority seeks one or more insurance providers to cover its insurance needs, with the services to be delivered in accordance with the conditions set out in the tender documents. The notice originates from Lithuania and is published in Lithuanian. The scope covers insurance cover of the types and under the terms defined by the buyer in the solicitation documents, and providers are expected to hold the authorisations required to underwrite the relevant insurance products. Interested insurers should review the full notice and tender documents for the detailed specification of cover, requirements for participation and the conditions of performance before preparing an offer.
Timing
- Published
Official source
Source: VPT procurement reports (Lithuania, via the State Data Agency)
Always verify details on the official notice.
Last verified against VPT procurement reports (Lithuania, via the State Data Agency) 1 month ago
Market
Financial & insurance services in Lithuania
- median open notice
- €360,000
- tenders per lot in this market
- 1.9
More figures
Market context
- open now in Financial & insurance services
- 2,000
- median open notice
- €360,000
Who wins in this market
Moderately concentratedLithuania · Financial & insurance services
- different companies won awards here
- 31
- of the awards went to the three most frequent winners
- 52%
- buyers awarded contracts here
- 49
Based on 168 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)
- 1.9
- of those lots received a single tender
- 22%
- 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.
The buyer in figures
VšĮ Lietuvos nacionalinis radijas ir televizija
- notices in the register
- 289
- awards
- 153
- awarded in total
- €8.4M
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
The buyer
Full buyer profileVšĮ Lietuvos nacionalinis radijas ir televizija
Awards most often to
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- Programming tools 10 days left
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