Summary
Machine-generated summarySIA 'ALAAS' is procuring insurance services for its vehicles. The contract covers two types of cover: KASKO, voluntary vehicle insurance, and OCTA, the compulsory civil liability insurance for land vehicle owners. The contracting authority is the Latvian company SIA 'ALAAS', and the procurement concerns insurance for its fleet of land vehicles.
Description
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Can I bid?
- Open procedure: any interested supplier may submit a bid.
- The notice is written in Latvian.
- Certificates from another EU country? Check the equivalents on eCertis
Official source
Source: IUB - Iepirkumu uzraudzibas birojs (Latvia, open data)
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Last verified against IUB - Iepirkumu uzraudzibas birojs (Latvia, open data) 6 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 170 awards for Financial & insurance services in Latvia.
- Median award
- €250,000
- Middle half of past awards
- €131,115 to €671,376
IUB - Iepirkumu uzraudzibas birojs (Latvia, open data) 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 profileSIA "ALAAS"
- notices in the register
- 12
- awards
- 5
- awarded in total
- €2.2M
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 - Latvia
| Company | Wins | Total awarded | Last win |
|---|---|---|---|
| Apdrošināšanas akciju sabiedrība "BALTA" | 62 | €28.7M | Sep 2026 |
| "Compensa Vienna Insurance Group" ADB Latvijas filiāle | 23 | €5.0M | Sep 2026 |
| AAS "BTA Baltic Insurance Company" | 22 | €10.9M | Sep 2026 |
| Akcine draudimo bendrove "Gjensidige" Latvijas filiāle | 16 | €12.1M | Mar 2026 |
| "Baltijas Apdrošināšanas Nams" apdrošināšanas akciju sabiedrība | 11 | €9.2M | Jun 2026 |
Based on 181 awards with a linked company profile over the last 2 years.
Market context
IUB - Iepirkumu uzraudzibas birojs (Latvia, open data) 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
- 2,166
- median open notice
- €479,970
Who wins in this market
Moderately concentratedLatvia · Financial & insurance services
- different companies won awards here
- 30
- of the awards went to the three most frequent winners
- 59%
- buyers awarded contracts here
- 108
Based on 181 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)
- 2.5
- of those lots received a single tender
- 21%
- of the awards went to companies based in another country
- 1%
- of the tenders came from another country
- 3%
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
Open elsewhere in Europe
Matched by meaning across languages, from the notices' own words: the same kind of contract, open now in another country.
Awarded before
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