Tender Package No. 05: Construction Insurance

This tender, Package No. 05, is for the provision of construction insurance. The procuring entity is the People's Committee of Tan Ninh Commune. The tender falls under the 'Logistics and Technical Support' (PTV) sector and is part of a development plan (DTPT). The contract was awarded to TONG CONG TY CO PHAN BAO HIEM BAO LONG for a value of 2,400,000 VND, with a total value of 2,494,000 VND. The bid closing time was March 25, 2026, at 15:03. Construction insurance is a vital component of any construction project, providing financial protection against unforeseen events such as accidents, damage to property, or third-party liabilities during the construction period. This ensures that potential financial losses are covered, safeguarding the interests of all parties involved, including the project owner and the construction contractor.

This is a works contract in the construction and civil works and finance and banking sectors, with a focus on Construction Supervision and Insurance. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 2.5 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 civil works in the construction and civil works sector. Works contracts of this nature generally require demonstrated experience in similar infrastructure projects, adequate equipment and technical personnel, and financial capacity including bank guarantees. This contract has already been awarded. The information is published for transparency and market intelligence purposes.