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This document contains a tender notice for the procurement of Directors' and Officers' Liability Insurance services in Lithuania by AB "Oro navigacija".
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This tender for Directors and Officers Liability Insurance is generally well-structured with a good number of supporting documents. However, it lacks transparency regarding the estimated value and specific evaluation criteria, and the submission deadline might be tight.
The tender follows an open procedure under EU directives and has a clear CPV code. Deadlines are specified, though the submission deadline could be considered short. No disputes are reported. Regulatory compliance is assumed due to the EU directive mentioned.
The title and description are clear. A good number of documents are provided, including technical specifications and contract conditions. However, the AI-extracted requirements section indicates a lack of information on mandatory exclusion grounds, eligibility, technical capability, financial requirements, and submission requirements, which impacts overall clarity.
Most basic information is present, including the organization, reference number, and contract duration. However, the estimated value is not disclosed, which is a significant omission. While many documents are attached, the AI-extracted requirements section highlights missing critical information that should ideally be detailed upfront.
The tender is conducted via e-procurement, which promotes fairness. The CPV code is appropriate. However, the undisclosed estimated value and the lack of specified evaluation criteria (mentioned in issues) reduce transparency and potentially fairness, as bidders may not fully understand the basis of selection. No specific company tailoring is evident.
The tender is active and uses e-procurement. A contract duration is specified. However, the lack of an explicit contract start date and the absence of financing information reduce practicality. The submission deadline of March 16, 2026, for a tender published on February 27, 2026, is quite short (17 days), potentially hindering thorough preparation.
Key fields like title, reference, organization, CPV, and deadlines are populated. The status is 'active'. No disputes or suspensions are reported. Dates are logical, with the opening date following the submission deadline. The AI-extracted requirements section's lack of detail is noted but doesn't create internal inconsistencies within the provided data.
There is no explicit mention of green procurement, social aspects, or innovation in the provided tender information. The tender is not indicated as EU funded. This suggests a lack of focus on sustainability criteria.
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