Construction Works Insurance

This tender is for construction works insurance. The procuring entity is the Management Board of Investment Projects for Transport and Agricultural Works in Da Nang. The service falls under the 'PTV' (Environmental Protection) sector, though insurance is typically financial. It is part of a project development plan (DTPT). The winning contractor is LPBank Insurance Joint Stock Corporation, with a bid price of 42,722,000 VND and a total contract value of 58,420,000 VND. The tender notice number is IB2600115039. The deadline for bid submission was March 25, 2026, at 14:18. Construction insurance is vital for mitigating financial risks associated with unforeseen events such as accidents, natural disasters, or third-party liabilities that may occur during the construction phase of infrastructure and agricultural projects. This ensures financial protection for the project and related parties.

This is a services contract in the construction and civil works and finance and banking sectors, with a focus on Construction Supervision and Insurance. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 58.4 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 construction and civil works 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.