Property and Third-Party Liability Insurance for the City of Lovosice

This public procurement concerns the provision of property and third-party liability insurance for the Municipality of Lovosice. The detailed scope of the insurance coverage is specified in the tender documents, including Annexes No. 1-5: Insurance Specification, List of Municipal Property, Furniture Specification, Tariff Tables, and Risk Report, all published on the contracting authority's profile. The estimated value of the public contract corresponds to the value for a 4-year performance period, as per the law. However, participants are required to submit their bid price as the annual insurance premium for evaluation purposes. The tender aims to secure comprehensive insurance coverage to protect the municipality's assets and mitigate financial risks associated with potential damages or liabilities. The contract will cover a defined period, and the selection process will evaluate bids based on the proposed annual premiums and the scope of coverage offered.

This is a services contract in the finance and banking sector, with a focus on Insurance. Located in Czech Republic, Europe, this opportunity is open to firms and consortiums, with an estimated budget of CZK 36.4 million.

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. This contract has already been awarded. The information is published for transparency and market intelligence purposes.