Summary
Machine-generated summaryThe buyer, MÁV Zrt., seeks directors and officers (D&O) liability insurance for itself and its designated subsidiaries. The compensation limit is 2,000,000,000 HUF per insured event per insurance period, with the insurance period defined as one year, i.e. 12 months. Sublimits apply: a combined limit of 2,000,000,000 HUF per event and period for the wholly owned subsidiaries MÁV Pályaműködtetési Zrt. and MÁV Személyszállítási Zrt., and 300,000,000 HUF per subsidiary per event and period for other directly or indirectly wholly owned subsidiaries. Legal costs cover is capped at 400,000,000 HUF per event and period, at most 20% of each company's sublimit. Specifications are set out in the tender documents.
Description
Terms of the procedure
- How tenders are scored
- Quality: 10 points; Price: 90 points
- Small firms
- The buyer does not mark this procedure as suitable for small and medium-sized firms.
- Tenders go to
- ekr.gov.hu/eljarastar/eljaras/EKR001931112026
As the official notice states them.
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?
- Negotiated procedure: the buyer negotiates the terms with the suppliers it admits. Above the EU threshold: open to companies from any EU country.
- The notice is written in Hungarian.
- Certificates from another EU country? Check the equivalents on eCertis
Official source
Source: TED - Tenders Electronic Daily (Publications Office of the EU)
Always verify details on the official notice.
Report an error in this notice
Last verified against TED - Tenders Electronic Daily (Publications Office of the EU) 2 days ago
What this market pays
The buyer has too few awards of its own in this sector, so this is the range of the last 113 awards for Financial & insurance services in Hungary.
- Median award
- €613,202
- Middle half of past awards
- €290,915 to €3.0M
TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it has no mark on the scale. The official documents may state one.
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 profileMÁV Magyar Államvasutak Zártkörűen Működő Részvénytársaság
- notices in the register
- 20
- awards
- 10
- awarded in total
- €319.3M
Who wins its contracts
- of its calls state an estimated value
- 0%
One dot per award, on the day it was signed, sized by its value. A ring is an award with no published value.
This buyer has no award history in this sector yet. Usual winners, Financial & insurance services - Hungary
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| UNIQA Biztosító Zártkörűen Működő Részvénytársaság | 13 | €28.9M | Jul 2026 |
| Allianz Hungária Zrt. | 7 | €22.8M | Jul 2026 |
| Generali Biztosító Zrt. | 5 | €1.5M | Jul 2026 |
| SimplePay Zártkörűen Működő Részvénytársaság | 4 | €41.8M | Apr 2026 |
| Medicare Biztosító Zrt. | 4 | €4.0M | Jul 2026 |
Based on 79 awards with a linked company profile over the last 2 years.
2 open tenders right now
Market context
TED - Tenders Electronic Daily (Publications Office of the EU) publishes no value for this notice, so it cannot be placed among the open notices of its sector. The official documents may state one.
- open now in Financial & insurance services
- 2,242
- median open notice
- €500,000
Who wins in this market
Many suppliersHungary · Financial & insurance services
- different companies won awards here
- 34
- of the awards went to the three most frequent winners
- 32%
- buyers awarded contracts here
- 57
Based on 79 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
- 32%
- of the awards went to companies based in another country
- 1%
- of the tenders came from another country
- 1%
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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