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Tenders

Property insurance. General civil liability insurance. Professional civil liability insurance.

Open
Deadline
11 days left
April 15, 2026
Contract Details
Category
Services
Reference
163440
Value
Not disclosed
Location
Latvia
Published
March 29, 2026
CPV Code
Project Timeline

Tender Published

March 29, 2026

Deadline for Questions

April 08, 2026

Submission Deadline

April 15, 2026

Tender Opening

April 15, 2026

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Budget
Not disclosed
Duration
37 months
Location
Latvia
Type
Services
75
Quality Score/100
Good
Market Benchmark
Avg. Winning Price
€139,128
Avg. Bids
2.6
Competition
Low
SME Winners
98%
1,731 tenders analyzed

Original Tender Description

Property insurance. General civil liability insurance. Professional civil liability insurance.

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65%
Estimated Win ProbabilityModerate Fit

This tender requires comprehensive insurance coverage for the state-owned Latvijas Valsts radio un televīzijas centrs (LVRTC). A winning bid will focus on demonstrating robust technical capability, clear understanding of LVRTC's diverse asset portfolio, and a competitive financial offer. Given the lack of specified evaluation criteria, a strong emphasis on meeting all technical requirements precisely and presenting a well-structured, compliant proposal is paramount.

Key Winning Messages

Comprehensive Risk Management Expertise for State Assets

Tailored Insurance Solutions for a Diverse Portfolio

Reliable Partnership for Long-Term Asset Protection

Key Opportunities
Detailed asset profiling and risk assessment to demonstrate deep understanding of LVRTC's specific needs.
Leveraging existing experience with similar large-scale or specialized assets to build credibility.
Proactive identification and articulation of potential coverage gaps or areas for enhanced protection, even if not explicitly requested.
Key Challenges
Absence of specified evaluation criteria makes it difficult to optimize bid strategy for scoring.

Focus on meticulously meeting all stated requirements, ensuring the proposal is clear, comprehensive, and demonstrates superior technical capability. Assume a high weighting for technical compliance and demonstrated experience.

Potential for a highly competitive market with multiple established insurers bidding.

Develop a clear value proposition that highlights unique strengths, such as specialized underwriting expertise, efficient claims handling, or a proactive risk management approach. Ensure pricing is competitive but sustainable.

The need to accurately value and detail a potentially extensive and diverse asset portfolio.

Allocate sufficient resources for data gathering and analysis. If possible, engage with LVRTC (through official channels if permitted) to clarify any ambiguities regarding asset details or valuation methods.

Ideal Bidder Profile
An established insurance provider with a strong track record in commercial property, general liability, and professional liability insurance in Latvia. The ideal bidder will have experience insuring large, diverse portfolios of assets, including specialized infrastructure (potentially similar to solar power plants), and possess the financial stability and underwriting capacity to cover the LVRTC's needs for 37 months. They should also have a dedicated team capable of understanding and articulating the specific risks associated with LVRTC's operations.
Key Requirements
Demonstrated proven experience in providing property insurance (excluding land).
Demonstrated proven experience in providing movable property insurance (excluding vehicles).
Demonstrated proven experience in providing general civil liability insurance.
Demonstrated proven experience in providing professional civil liability insurance.
Provide details of insured movable and immovable property, including specifications and insurance sums (e.g., solar power plants).
Provide lists of insured immovable (excluding land) and movable (excluding vehicles) property, detailing location, area, book value, and replacement value.
Adherence to mandatory exclusion grounds.
Legally registered and authorized to provide insurance services with necessary licenses and permits.
Key Discriminators
Demonstrated experience with assets similar to solar power plants or other specialized infrastructure relevant to LVRTC's operations.
A proactive and consultative approach to risk management, offering insights beyond standard policy coverage.
Exceptional clarity and completeness in detailing the insurance coverage for each asset category, showcasing meticulous attention to detail.
A robust and efficient claims management process, with a proven track record of prompt and fair settlements.
Social Value Opportunities
While the tender explicitly states 'No social aspects', a bidder could subtly highlight their commitment to ethical business practices, local employment within their organization, or sustainable investment strategies if these are core to their corporate identity and do not contradict tender requirements.
Bid Focus Areas
Technical Capability (Proven Experience & Asset Detail)

Provide extensive, well-documented evidence of past performance in all required insurance categories. For asset details, present data in a clear, structured format (e.g., tables, appendices) that directly addresses the specifications requested, including detailed breakdowns of insurance sums and values for each property type. Highlight any experience with specialized assets like solar power plants.

Compliance (Exclusion Grounds & Eligibility)

Ensure all mandatory exclusion grounds are rigorously checked and documented. Provide all necessary legal registrations, licenses, and permits upfront and clearly. Any potential ambiguity should be addressed proactively.

Financial Proposal (Pricing)

Develop a competitive pricing strategy that reflects the scope of coverage and the perceived risk. While not specified, assume price will be a significant factor. Conduct thorough cost analysis to ensure profitability while remaining attractive to the contracting authority.

Recommendations6
Thoroughly Document Proven Experience
CriticalHigh effort

Compile detailed case studies and references that specifically address each type of insurance required (property, movable property, general civil liability, professional civil liability). Quantify the scale and complexity of past projects where possible.

Directly addresses a core technical requirement and builds credibility.
Structure Asset Information Precisely
CriticalHigh effort

Create clear, well-organized appendices or sections that meticulously detail the insured movable and immovable property as requested (location, area, book value, replacement value, insurance sums). Use tables and consistent formatting.

Ensures full compliance and demonstrates attention to detail, crucial in the absence of explicit scoring.
Highlight Specialized Asset Experience
HighMed effort

If the bidder has experience insuring assets similar to solar power plants or other complex infrastructure, emphasize this prominently in the proposal. Explain the specific risks managed and the solutions provided.

Sets the bidder apart from generalist insurers and shows a deeper understanding of LVRTC's potential needs.
Conduct Rigorous Exclusion Ground Checks
HighMed effort

Implement an internal process to verify that the bidding entity and its key personnel meet all eligibility criteria and are not subject to any mandatory exclusion grounds. Document this verification process.

Prevents immediate disqualification, a fundamental requirement.
Develop a Competitive and Sustainable Pricing Model
MediumHigh effort

Analyze the market and LVRTC's likely risk profile to develop a pricing strategy that is both attractive and ensures profitability over the 37-month contract duration. Consider potential for price adjustments if allowed.

Crucial for winning, especially if price is a significant, albeit unstated, evaluation factor.
Subtly Emphasize Corporate Responsibility
LowLow effort

If aligned with company values, briefly mention commitment to ethical business practices, sustainability in operations, or support for local communities within the company profile section, without making it a central bid theme.

May offer a minor positive impression if perceived positively by the evaluator, but should not detract from core requirements.
Competitive Positioning
Position the bid as the most comprehensive and reliable solution for protecting LVRTC's critical state assets, emphasizing deep expertise and a proven track record over generic offerings.
If possible, subtly highlight any unique underwriting capabilities or risk engineering services that competitors may lack.
Ensure the proposal is exceptionally well-organized and easy to navigate, presenting a professional and meticulous approach that suggests superior operational efficiency.

Competitors

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Requirements & Qualifications

15 requirements across 5 categories

Submission (3)
Mandatory (1)
Compliance (2)
Technical (8)
Financial (1)
SUBMISSION REQUIREMENTS3
--Bidders must submit their proposals in accordance with the guidelines provided in the tender documents.
--Bidders must submit technical and financial proposals as required.
--Bidders must adhere to the submission guidelines for bidders.
MANDATORY EXCLUSION GROUNDS1
--Bidders shall not be subject to any of the mandatory exclusion grounds as defined in the tender regulations.
ELIGIBILITY REQUIREMENTS2
--Bidders must be legally registered and authorized to provide insurance services.
--Bidders must possess all necessary licenses and permits to operate in the relevant jurisdictions.
TECHNICAL CAPABILITY REQUIREMENTS8
--Bidders must demonstrate proven experience in providing property insurance (excluding land).
--Bidders must demonstrate proven experience in providing movable property insurance (excluding vehicles).
--Bidders must demonstrate proven experience in providing general civil liability insurance.
FINANCIAL REQUIREMENTS1
--Not specified in the provided text.

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Documents

10 documents available with AI summaries

Nolikuma 11.pielikums (ar grozījumiem)XLS
11.pielikums_1.xlsx -- 55.6 KB

This document contains a list of insured immovable (excluding land) and movable (excluding vehicles) property, detailing their location, area, book value, and replacement value.

Nolikuma 11.pielikumsXLS
11.pielikums.xlsx -- 55.0 KB

This document contains a list detailing insured immovable (excluding land) and movable (excluding vehicles) property, including their locations, areas, and various valuation figures.

Nolikuma 12.pielikumsXLS
12.pielikums.xlsx -- 49.1 KB

This document contains a list (saraksts Nr2) detailing the insurance information for immovable and movable property, excluding land and vehicles, with associated values in EUR.

Nolikuma 13.pielikumsPDF
13.pielikums.pdf -- 1.9 MB

No content extracted

Nolikuma 14.pielikums (pievienots ar grozījumiem)XLS
14.pielikums.xlsx -- 18.3 KB

This document contains details about insured movable and immovable property, specifically solar power plants, including their specifications and insurance sums.

Iepirkuma priekšmeta prasības, 2.versijaPDF
163440_PD.ANY_1_2_1_20260327133502.pdf -- 98.7 KB

This document outlines the requirements for a tender concerning property insurance, general civil liability insurance, and professional civil liability insurance, including exclusion conditions, selection criteria, and technical and financial proposal requirements.

Nolikums ar grozījumiemDOC
Nolikums_ar_grozijumiem_FINAL.docx -- 168.2 KB

This document contains the regulations for an open tender by Latvijas Valsts radio un televīzijas centrs for insurance services, including property, general civil liability, and professional civil liability insurance.

NolikumsDOC
Nolikums_final.docx -- 159.3 KB

This document contains the regulations for an open tender by Latvijas Valsts radio un televīzijas centrs for insurance services, including property, general civil liability, and professional civil liability insurance.

Iepirkuma priekšmeta prasības, 1.versijaPDF
163440_PD.ANY_1_1_1_20260227050900.pdf -- 98.6 KB

This document outlines the requirements for a tender concerning property insurance, general civil liability insurance, and professional civil liability insurance, including submission guidelines for bidders.

Main tender pageHTM
index.html

This document contains the main data for tender LVRTC 2025/39, which is an open competition for insurance services including property, general civil liability, and professional civil liability.

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75
Good

Tender Quality Score

This tender for insurance services is generally well-structured with clear technical requirements and a reasonable timeline. However, the lack of disclosed financial value and specific evaluation criteria slightly impacts fairness and completeness.

Score Breakdown

Legal Compliance75/100

The tender adheres to open procedure and provides a CPV code. Deadlines appear reasonable given the submission date. Regulatory compliance is assumed based on the provided information, but specific dispute information is not available. The presence of multiple versions of documents (e.g., 'Iepirkuma priekšmeta prasības, 1.versija' and '2.versija') could potentially lead to confusion if not managed properly.

Clarity80/100

The description of services is clear, detailing property, general civil liability, and professional civil liability insurance. Technical requirements are well-documented, with specific examples like solar power plants. However, the absence of explicitly stated evaluation criteria leaves some ambiguity regarding how proposals will be assessed.

Missing evaluation criteria
Completeness70/100

Most basic information is present, including the organization, type of service, and contract duration. However, the estimated value is not disclosed, which is a significant omission. While many documents are attached, the 'unknown' type for Document 5 raises a minor concern about completeness.

Estimated value not disclosed
Fairness85/100

The tender is an open competition, and the use of e-procurement is noted. Requirements appear objective and focused on technical capability and legal standing. The lack of disclosed value is a minor concern for fairness, but overall, the process seems equitable. There are no obvious requirements tailored to specific companies.

Practicality65/100

The tender utilizes e-procurement, which is positive. However, the prompt does not explicitly confirm e-submission capabilities, and the 'Opening Place' being 'Elektronisko iepirkumu sistēma' implies it, but direct confirmation is missing. Financing information is not provided, and while contract duration is specified, the contract start date is not. The 'Restricted document access' flag is a significant practical barrier.

Restricted document access
No e-submission confirmation
Data Consistency90/100

Key fields like title, reference, organization, and deadlines are populated. There are no reported disputes or suspensions. Dates are logically presented, with a reveal date preceding the submission and opening dates. The contract duration is consistent with the tender's purpose.

Sustainability50/100

The tender does not explicitly mention green procurement, social aspects, or innovation. It is not indicated as EU funded. This suggests a lack of focus on sustainability criteria.

No green procurement criteria
No social criteria

Strengths

Clear technical requirements
Open competition procedure
E-procurement utilized
Reasonable timeline

Concerns

Estimated value not disclosed
Missing evaluation criteria
Restricted document access

Recommendations

1. Disclose the estimated financial value of the tender.
2. Clearly define and publish the evaluation criteria for proposals.
3. Ensure full and unrestricted access to all tender documents for all potential bidders.

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