Package No. 09: Construction Insurance

This tender, identified as Package No. 09, is for the procurement of construction insurance. The insurance coverage is intended to protect against risks associated with construction projects. This typically includes coverage for physical loss or damage to the works, materials, and equipment, as well as third-party liability. The objective is to ensure that potential financial losses arising from unforeseen events during the construction phase are adequately covered, providing financial security to the project stakeholders. The winning bidder for this insurance package is Tổng Công ty cổ phần Bảo hiểm Bưu điện. The contract value is 93,181,757 VND, with an awarded price of 93,000,000 VND. This procurement is essential for risk management in construction projects, ensuring compliance with contractual and regulatory requirements.

This is a services contract in the construction and civil works, finance and banking and general supplies sectors. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 93.2 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 services in the construction and civil works 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.