Summary
Machine-generated summaryThe contracting authority is procuring insurance services. The notice title indicates that the subject of this procurement is insurance cover, meaning the buyer seeks an insurance provider to supply policies covering the risks described in the tender documents. The full details of the insurance lines, coverage types, durations and any division into lots are set out in the tender documentation. Businesses providing insurance services are invited to review the complete notice and the accompanying documents to understand the exact scope and requirements 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
- €343,608
- tenders per lot in this market
- 1.9
More figures
Market context
- open now in Financial & insurance services
- 2,044
- median open notice
- €343,608
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 172 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
Uždaroji akcinė bendrovė Palangos šilumos tinklai
The buyer
Full buyer profileUždaroji akcinė bendrovė Palangos šilumos tinklai
Similar tenders
Open now
5
days left
Purchase of civil liability insurance services (Market survey) (5th repetition)
Kauno rajono savivaldybės administracija
Awarded before
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