PROPERTY INSURANCE PROGRAM - MAJOR RISKS

This tender, identified as CP-SM-62-2024-SEDAPAL-1, is a Public Competition process initiated by the Servicio de Agua Potable y Alcantarillado de Lima (SEDAPAL). The objective is to contract a Property Insurance Program covering major risks. SEDAPAL, the contracting entity, is responsible for providing potable water and sewerage services in Lima, Peru. The scope of this program is to ensure adequate insurance coverage for SEDAPAL's significant assets and potential liabilities arising from major property-related risks. This procurement aims to secure comprehensive insurance policies that will protect the organization's infrastructure, equipment, and operations against substantial financial losses due to unforeseen events. The selection of an insurance provider will be based on the terms and conditions outlined in the tender documents, with a focus on the ability to manage and underwrite complex insurance portfolios. The contract duration and specific coverage details are expected to be detailed within the tender specifications, ensuring SEDAPAL's continued operational resilience and financial stability in the face of potential catastrophic events.

This is a services contract in the governance and public administration sector. Located in Peru, Latin America, this opportunity is open to firms and consortiums, with an estimated budget of USD 41.3 million.

Published through Peru SEACE, 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 governance and public administration 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.