Procurement of Property Insurance Services (Excluding Vehicles) for Distribution Companies I under the FONAFE Scope for the Year 2014

This tender concerns the procurement of property insurance services, specifically excluding vehicle insurance, for distribution companies operating under the umbrella of FONAFE (Fondo Nacional de Financiamiento de la Actividad Empresarial del Estado) for the year 2014. The contracting entity is SOCIEDAD ELECTRICA DEL SUR OESTE S.A. (SEAL), located in the Arequipa department. The procurement process is identified as AMC-CLASICO-29-2014-SEAL-1, utilizing the "Adjudicación de Menor Cuantía" (Minor Amount Award) method of contracting. This indicates that the estimated value of the contract falls within a specific range designated for this procurement method, aiming for efficiency in acquiring necessary insurance coverage. The scope of the insurance is property-related, covering assets of the distribution companies within the FONAFE framework, but explicitly excludes coverage for vehicles. Interested parties are expected to provide comprehensive proposals detailing their capacity to offer robust property insurance solutions tailored to the needs of these state-owned enterprises. The tender emphasizes the importance of securing adequate financial protection for the physical assets of the distribution companies, ensuring business continuity and mitigating risks associated with property damage or loss. Further details regarding specific coverage requirements, policy terms, and submission deadlines are likely available in the full tender documentation.

This is a services contract in the finance and banking, transport and logistics and general supplies sectors. Located in Peru, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 5.3 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 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.