Procurement of Directors & Officers (D&O) Liability Insurance Service for APN Directors and Officers

This tender concerns the procurement of Directors & Officers (D&O) Liability Insurance services for the directors and officers of the National Port Authority (APN). The contracting entity is the Ministry of Transport and Communications (MTC) - National Port Authority, located in Callao. The procurement process is identified as ADS-CLASICO-15-2015-APN-1, utilizing a Selective Direct Award method for contracting. This insurance is crucial for protecting the personal assets of individuals holding key leadership positions within the APN against claims and lawsuits arising from alleged wrongful acts, errors, or omissions in their management and decision-making capacities. The service aims to provide comprehensive coverage, ensuring that the APN's leadership can perform their duties with confidence, knowing they are protected against potential litigation. Key requirements for the selected insurance provider will likely include a strong financial standing, extensive experience in offering D&O insurance, and a clear understanding of the specific risks associated with public sector entities and port authorities. The APN seeks a robust insurance solution that safeguards its directors and officers, thereby ensuring the continued effective governance and operation of Peru's port infrastructure. This procurement underscores the APN's commitment to risk management and the protection of its personnel in high-level decision-making roles.

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 PEN 40,919.

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.