Construction Insurance Costs

This tender covers the costs associated with construction insurance for a project. The procuring entity is the Project Management Board of Son Dong Commune. The contract value is 22,607,000 VND, awarded to LPBank Insurance Joint Stock Corporation. The bid closing date was April 3, 2026, at 15:57. Construction insurance is essential to protect against unforeseen events, damages, or liabilities that may arise during the construction phase. This includes coverage for the structure itself, materials, equipment, and potential third-party claims. Securing adequate insurance ensures financial protection for all stakeholders involved in the project and mitigates risks associated with construction activities.

This is a services contract in the construction and civil works, architecture and engineering and finance and banking sectors. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 23.8 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.