Summary
Machine-generated summaryThis tender concerns the procurement of insurance cover for company property. The contracting authority seeks an insurance service that will protect its business assets against damage or loss. Small insurers or brokers interested in corporate property insurance are invited to review the complete notice and submit an offer in line with the stated requirements and instructions.
Official source
Source: VPT procurement reports (Lithuania, via the State Data Agency)
Always verify details on the official notice.
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Last verified against VPT procurement reports (Lithuania, via the State Data Agency) 3 weeks ago
The buyer
Full buyer profileVĮ Registrų centras
- notices in the register
- 146
- awards
- 83
- awarded in total
- €6.5M
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
Awards most often to
Market context
- open now in Financial & insurance services
- 2,258
- median open notice
- €443,173
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
- 48
Based on 157 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.
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