Procurement of Property Insurance for CORPAC S.A.

This tender concerns the procurement of property insurance for the Corporación Peruana de Aeropuertos y Aviación Comercial S.A. (CORPAC). CORPAC, the contracting entity, is seeking comprehensive insurance coverage for its assets. The procurement process is being conducted through a Public Tender (Concurso Público) under reference number CP-SM-6-2024-CORPAC S.A.-1. The location for this contract is Callao, Peru. The scope of the insurance is expected to cover various property assets managed by CORPAC, which is responsible for the operation and administration of airports and commercial aviation in Peru. Bidders are expected to provide detailed proposals outlining their insurance solutions, including coverage limits, deductibles, policy terms, and conditions. Key requirements will likely include demonstrating financial stability, extensive experience in underwriting similar risks within the aviation and infrastructure sectors, and the ability to offer competitive premiums. The successful bidder will be responsible for providing ongoing insurance services and claims management throughout the policy period. This procurement is crucial for CORPAC to mitigate financial risks associated with potential damage or loss to its valuable infrastructure and operational assets, ensuring business continuity and operational resilience.

This is a services contract in the governance and public administration sector. Located in Peru, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 17.9 million.

Published through Peru SEACE, 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 governance and public administration 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.