ACQUISITION OF INSURANCE POLICY FOR AGRICULTURAL MACHINERY AND EQUIPMENT

This tender, issued by the Ministry of Agriculture, Livestock, and Food (MAGA), pertains to the acquisition of an insurance policy for agricultural machinery and equipment. The purpose of this policy is to provide financial protection against potential damage, loss, or theft of vital agricultural assets owned or managed by the Ministry or its beneficiaries. The scope covers a range of agricultural machinery and equipment essential for farming operations. The procurement method employed is Direct Purchase with Electronic Offer, as per Article 43, Inciso b) of the Public Procurement Law (LCE), suggesting an electronic tendering process. The Ministry of Agriculture, Livestock, and Food is the contracting entity responsible for selecting an insurance provider that offers comprehensive coverage tailored to the specific risks associated with agricultural machinery. Although the status is listed as 'Adjudicated,' indicating that a contract has been awarded, the details of the awarded policy and the selected insurer are not provided in this summary. This acquisition is crucial for ensuring the continuity of agricultural activities by mitigating financial risks associated with equipment failure or accidents.

This is a services contract in the agriculture and food security and finance and banking sectors, with a focus on agricultural machinery and Insurance. Located in Guatemala, Latin America, this opportunity is open to firms and consortiums.

Published through Guatecompras, 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 agriculture and food security 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.