Construction Insurance

This tender, identified by notification number IB2600112801, is for construction insurance. The procuring entity is the People's Committee of Phu My Commune, Gia Lai Province. The scope of work falls under 'Other Technical Services' (PTV) and is part of a development plan (DTPT). The contract was awarded to Bao Viet Binh Dinh Company for a total value of 4,603,000 VND. The bid closing date was March 24, 2026, at 14:54. This procurement is essential for mitigating risks associated with construction projects undertaken by or within the jurisdiction of the Phu My Commune. Construction insurance typically covers potential damages, accidents, and liabilities that may arise during the construction phase, protecting the project owner, contractors, and the public. The award to Bao Viet Binh Dinh Company, a known insurance provider, indicates that the necessary coverage has been secured. The relatively low contract value suggests it might be for a specific, smaller-scale construction project or a component of a larger insurance package.

This is a services contract in the finance and banking and construction and civil works sectors, with a focus on Insurance and Construction Supervision. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 4.6 million.

Published through Vietnam e-GP, 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 finance and banking 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.