Insurance of diesel and electric locomotives

Auto-translated from lv

Original title: Elektrovilcienu apdrošināšana

Akciju sabiedrība "Pasažieru vilciens"

Published: Oct 12, 2026

Updated: Oct 15, 2026

Source: TED - Tenders Electronic Daily (EU)

About This Opportunity

This is a services contract in the finance and banking sector, with a focus on Insurance. Located in Latvia, Europe, this opportunity is open to firms and consortiums.

Published through TED - Tenders Electronic Daily (EU), 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. Interested parties should review the full documentation on the original source before submitting their proposal.

Description

Auto-translated from lv

This tender, originating from Latvia and published on TED (Tenders Electronic Daily), concerns the insurance of diesel and Škoda 16Ev electric locomotives ('Dīzeļvilcienu un Škoda 16Ev elektrovilcienu apdrošināšana'). The contracting authority is seeking proposals from qualified insurance providers to cover the rolling stock of their railway operations. The scope of insurance is expected to cover potential risks associated with the operation of these locomotives, which could include damage, theft, third-party liability, and operational disruptions. Bidders will need to be licensed insurance companies with proven experience in underwriting complex risks, particularly within the transportation or industrial sectors. The tender documentation will likely detail the specific assets to be insured, the desired coverage levels, risk assessment parameters, and policy terms. Evaluation criteria will focus on the competitiveness of the premiums offered, the comprehensiveness of the proposed coverage, the financial stability of the insurer, and their claims handling capabilities. This procurement is vital for mitigating financial risks associated with the railway's locomotive fleet.

Data provenance

This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on October 12, 2026. Last refreshed 24 days ago. Original language: lv. BidsFactory mirrors official procurement notices and links back to the source for full legal text.

About Akciju sabiedrība "Pasažieru vilciens"

Akciju sabiedrība "Pasažieru vilciens" has issued 29 procurement notices on BidsFactory, including 1 currently open and 22 awarded contracts. Activity concentrates in Transport & Logistics, Energy & Power, and General Supplies & Services. All notices are published for Latvia. Notices are distributed via TED - Tenders Electronic Daily (EU). Most recent publication: November 2, 2026.

Frequently asked questions about this tender

Where will the contract be performed?

The contract is for delivery in Latvia. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.

How can I submit a bid?

Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.

Who is the contracting authority?

This notice was issued by Akciju sabiedrība "Pasažieru vilciens" in Latvia. The authority is responsible for evaluating bids, awarding the contract, and managing performance.

What type of contract is this?

This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.