Summary
Machine-generated summaryThis tender concerns the procurement of property insurance. The contracting authority seeks an insurance provider to cover buildings, equipment, stock and other property against risks such as fire, water damage, natural disasters, theft, vandalism and third-party liability connected with insured assets. The contract is expected to be performed in the form of an insurance policy defining insured values, covered perils, exclusions, deductibles and claims handling procedures, including the handling and settlement of damage claims during the contract term. Interested insurance companies should prepare offers that address the coverage scope, premium basis and service arrangements for the insured property described in the procurement documents.
Timing
- Published
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For a first tender: what is being bought, by whom, how large it is and by when, in everyday language, with the terms of the trade explained.
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
- €310,000
- tenders per lot in this market
- 1.9
More figures
Market context
- open now in Financial & insurance services
- 2,022
- median open notice
- €310,000
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 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
AB Vilniaus šilumos tinklai
- notices in the register
- 370
- awards
- 187
- awarded in total
- €23.6M
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 profileAB Vilniaus šilumos tinklai
Awards most often to
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