Transfer of insurance risk by the Insurer to the Insurer for a fee, under the terms defined by the Law of Ukraine "On Mandatory Third-Party Liability Insurance of Owners of Land Vehicles" No. 3720-IX of May 21, 2024

This tender concerns the transfer of insurance risk by an insurer to another insurer for a fee, in accordance with the provisions of the Law of Ukraine "On Mandatory Third-Party Liability Insurance of Owners of Land Vehicles" No. 3720-IX, dated May 21, 2024. The procurement specifically covers insurance services for civil liability of owners of motor vehicles categorized as B1, B2, and C1. The procuring entity is the Main Department of the State Emergency Service of Ukraine in Sumy Oblast. The service falls under the Common Procurement Vocabulary (CPV) code 66516100-1, which relates to insurance services for motor vehicle civil liability. This implies a need for specialized insurance coverage for vehicle owners, managed through a formal risk transfer mechanism between insurance companies, adhering to Ukrainian legislation. The tender aims to ensure compliance with mandatory insurance requirements for specific vehicle categories, facilitating the smooth operation of vehicle ownership and usage within the region by ensuring adequate insurance provision and risk management by the designated insurance entities.

This is a services contract in the legal services, finance and banking and general supplies sectors. Located in Ukraine, Europe, this opportunity is open to firms and consortiums, with an estimated budget of UAH 55,225.

Published through ProZorro Ukraine, a national government procurement portal. Public procurement tenders follow the country's national bidding regulations and may have specific eligibility and documentation requirements for services in the legal services sector. Service contracts are typically evaluated on both technical quality and price, and may require bidders to demonstrate relevant experience and qualified personnel. This contract has already been awarded. The information is published for transparency and market intelligence purposes.