VP-3454 General Civil Liability Insurance Services
About This Opportunity
TranslatedThis tender, identified by the reference VP-3454, concerns the procurement of General Civil Liability Insurance services in Lithuania. The contracting authority is seeking to secure comprehensive insurance coverage to protect against claims arising from third-party damages caused by its operations or activities. The policy will cover legal liabilities incurred by the insured entity. The specific terms, conditions, coverage limits, and duration of the insurance policy will be detailed in the tender documentation. Potential insurance providers are invited to submit their proposals, demonstrating their capacity to offer competitive and adequate insurance solutions. This procurement is essential for managing the financial risks associated with civil liability and ensuring the organization's financial stability in the event of unforeseen incidents. Bidders must adhere to the requirements outlined in the tender documents.
This is a services contract in the finance and banking sector, with a focus on Insurance. Located in Lithuania, Europe, this opportunity is open to firms and consortiums.
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.
Description
Original language: ltBendrosios civilinės atsakomybės draudimo paslaugos
Data provenance
This notice is sourced from TED - Tenders Electronic Daily (EU) and was originally published on March 19, 2026. Last refreshed today. Original language: lt. BidsFactory mirrors official procurement notices and links back to the source for full legal text.
About Valstybės įmonė Turto bankas (PV)
Valstybės įmonė Turto bankas (PV) has issued 49 procurement notices on BidsFactory, including 7 currently open and 30 awarded contracts. Activity concentrates in Construction & Civil Works, Architecture & Engineering Services, and Energy & Power. All notices are published for Lithuania. Notices are distributed via TED - Tenders Electronic Daily (EU). Most recent publication: May 21, 2026.
Frequently asked questions about this tender
Who is the contracting authority?
This notice was issued by Valstybės įmonė Turto bankas (PV) in Lithuania. The authority is responsible for evaluating bids, awarding the contract, and managing performance.
What type of contract is this?
This is a Services contract in the Finance & Banking sector. The classification helps bidders match the opportunity to their qualifications and registered scope of supply.
How much was the contract awarded for?
ADB „Compensa Vienna Insurance Group“ was awarded the contract for €44,672. The figure reflects the value disclosed by the contracting authority in the award notice.
Where will the contract be performed?
The contract is for delivery in Lithuania. Foreign bidders should review local registration, taxation, and any in-country presence requirements before submitting.
How can I submit a bid?
Visit TED - Tenders Electronic Daily (EU) to access the full notice, required documents, and submission instructions provided by the contracting authority.
Is this tender still open?
No — the contract has already been awarded to ADB „Compensa Vienna Insurance Group“. The award notice is archived on BidsFactory for transparency and market intelligence.
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