Package No. 5: Construction Insurance for Substation 3P-1,500 kVA and Medium Voltage Line (Construction of 3-phase 22kV Line and 02 x 1,500 kVA Substations)

This tender, Package No. 5, pertains to construction insurance for a specific project involving a 1,500 kVA substation (3P) and associated medium voltage lines. The scope includes the construction of a 3-phase 22kV line and two 1,500 kVA substations. The insurance coverage is essential to mitigate financial risks associated with potential accidents, damages, or unforeseen events during the construction phase. The contract has been awarded to BIDV Insurance Corporation (Bao Viet Joint Stock Corporation), with a bid price of 8,690,385 VND and a total contract value of 10,868,878 VND. This procurement falls under the PTV (Procurement of Services) category and is part of development plan PL2500322977. The bid closing date was March 18, 2026, at 11:54 AM. Adequate insurance is a standard requirement in construction projects to protect the interests of all parties involved and ensure project continuity.

This is a works contract in the finance and banking, construction and civil works and energy and power sectors, with a focus on Insurance, Construction Supervision and HVAC systems. Located in Vietnam, Asia, this opportunity is open to firms and consortiums, with an estimated budget of VND 10.9 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 finance and banking 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.