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Tenders

Insurance services

Open
Deadline
5 days left
April 09, 2026
Contract Details
Category
Open Procedure
Reference
7101665
Value
Not disclosed
Location
Panevezys County, Lithuania
Published
March 28, 2026
CPV Code
Project Timeline

Tender Published

March 25, 2026

Deadline for Questions

April 02, 2026

Submission Deadline

April 09, 2026

Tender Opening

April 09, 2026

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Budget
Not disclosed
Duration
12 months
Location
Panevezys County
Type
Open Procedure
75
Quality Score/100
Good
Market Benchmark
Avg. Winning Price
€276,725
Avg. Bids
2.6
Competition
Low
SME Winners
68%
317 tenders analyzed

Original Tender Description

Purchase of insurance services for the year 2026
EU Funded

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Win Strategy

AI-powered analysis of this tender's requirements, opportunities, and challenges. Get strategic insights to maximize your win probability.

65%
Estimated Win ProbabilityModerate Fit

This tender for insurance services presents a significant opportunity due to its multi-lot structure and the absence of detailed evaluation criteria, suggesting a strong emphasis on price. A winning strategy will focus on a highly competitive pricing model, robust technical proposals tailored to each lot, and clear articulation of value beyond price.

Key Winning Messages

Cost-effective and comprehensive insurance solutions tailored to Aukštaitijos vandenys' specific needs.

Reliable and experienced insurance partner committed to long-term value and service excellence.

Key Opportunities
The absence of specified evaluation criteria strongly suggests price will be the dominant factor, allowing for aggressive pricing strategies.
The tender is structured into six lots, enabling bidders to specialize and offer highly competitive pricing for specific insurance types, potentially winning multiple lots.
The lack of explicit 'Green Procurement' or 'Social Aspects' requirements means bidders can focus resources on core insurance offerings and pricing without the added complexity of these elements.
Key Challenges
The lack of specified evaluation criteria creates uncertainty regarding the weighting of different aspects beyond price, requiring a balanced approach.

Develop a robust technical proposal that clearly demonstrates understanding of the client's needs for each lot, even if price is dominant. Assume a baseline level of technical competence will be assessed.

Unspecified mandatory exclusion grounds, eligibility, technical, financial, and submission requirements necessitate a thorough review of standard procurement regulations and proactive clarification.

Thoroughly research standard Lithuanian public procurement regulations for exclusion grounds and eligibility. Prepare all standard documentation and proactively seek clarification from the contracting authority on any ambiguities regarding technical, financial, or submission requirements.

High competition is likely given the open procedure and potential for multiple lot wins, requiring a highly optimized bid.

Conduct thorough competitor analysis (if possible) and develop a granular pricing strategy for each lot. Ensure the bid is error-free and submitted precisely on time.

Ideal Bidder Profile
An established insurance provider with a strong track record in the Lithuanian market, possessing the capacity to offer competitive pricing across multiple insurance lines. The ideal bidder will have a proven ability to deliver comprehensive insurance solutions and demonstrate financial stability. Experience with public sector procurement is advantageous.
Key Requirements
Detailed technical specifications for each insurance type (vehicle liability, comprehensive vehicle, general liability, D&O, property)
Submission of proposals for six distinct lots, requiring tailored solutions
Compliance with mandatory exclusion grounds (though not specified, assumed to be standard)
Meeting unspecified eligibility, technical capability, and financial requirements
Adherence to submission requirements (though not specified)
Key Discriminators
Highly competitive pricing across multiple lots.
Demonstrated understanding of the specific insurance needs of a utility company like UAB 'Aukštaitijos vandenys'.
Agility in tailoring coverage and service levels to each individual lot.
Social Value Opportunities
While not explicitly required, consider including a statement on commitment to ethical business practices and fair employment within the company's operations, as a subtle differentiator.
Bid Focus Areas
PriceLikely > 70% (estimated)

Develop a highly competitive pricing model for each lot, leveraging economies of scale and efficient claims handling. Conduct thorough cost analysis to ensure profitability while offering the lowest possible price.

Technical Capability (implied)Likely < 30% (estimated)

Provide clear, concise, and relevant technical specifications for each insurance type offered. Highlight experience and expertise relevant to the specific risks of a water utility company.

Recommendations6
Thoroughly Analyze Technical Specifications per Lot
CriticalHigh effort

Scrutinize the technical specifications in 'Pirkimo sąlygos' for each of the six lots (vehicle liability, comprehensive vehicle, general liability, D&O, property). Ensure your proposed coverage precisely matches or exceeds these requirements, detailing any value-added services.

Ensures compliance and forms the basis for accurate pricing.
Develop Aggressive Pricing Strategy
CriticalHigh effort

Given the likely 'lowest price evaluation', develop a granular pricing strategy for each lot. Benchmark against potential competitors and internal cost structures to offer the most competitive price possible while maintaining profitability. Consider volume discounts if bidding on multiple lots.

Directly impacts the likelihood of winning, especially if price is the sole or primary evaluation criterion.
Proactively Seek Clarification on Unspecified Requirements
HighMed effort

Actively request clarification from UAB 'Aukštaitijos vandenys' regarding any missing information on mandatory exclusion grounds, eligibility, technical, financial, and submission requirements. Document all communications.

Mitigates risk of disqualification and ensures a complete, compliant bid.
Highlight Expertise in Utility Sector Insurance
MediumMed effort

If applicable, emphasize your company's experience and understanding of the specific risks and operational needs of utility companies. This can provide a qualitative edge even if price is dominant.

Builds confidence and demonstrates a deeper understanding of the client's business.
Ensure Flawless Submission
HighMed effort

Double-check all submission requirements and deadlines. Ensure the bid is complete, error-free, and submitted well in advance of the deadline to avoid any technical issues.

Prevents last-minute disqualification due to procedural errors.
Incorporate Statement on Ethical Operations
LowLow effort

Include a brief statement in the bid about your company's commitment to ethical business practices, fair employment, and corporate social responsibility, even though not explicitly required. This can subtly enhance your profile.

Minor positive impression, potential differentiator in a close contest.
Competitive Positioning
Focus on demonstrating superior value for money by combining aggressive pricing with a clear understanding of the client's specific insurance needs for each lot. Highlight efficiency and reliability to build trust beyond just the lowest price.

Competitors

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Requirements & Qualifications

5 requirements across 5 categories

Submission (1)
Mandatory (1)
Compliance (1)
Technical (1)
Financial (1)
SUBMISSION REQUIREMENTS1
--[No specific requirements provided]
MANDATORY EXCLUSION GROUNDS1
--[No specific requirements provided]
ELIGIBILITY REQUIREMENTS1
--[No specific requirements provided]
TECHNICAL CAPABILITY REQUIREMENTS1
--[No specific requirements provided]
FINANCIAL REQUIREMENTS1
--[No specific requirements provided]

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Documents

3 documents available with AI summaries

Pirkimo sąlygosDOC
Aukštaitijos vandenys draudimo TS 2026.docx

This document contains the technical specifications for a tender to procure insurance services for the year 2026, detailing requirements for motor third-party liability, comprehensive vehicle insurance, general and directors' liability, and company property insurance.

NoticePDF
Notice_7101665.pdf

This document contains a tender notice for the procurement of insurance services for the year 2026 by UAB "Aukštaitijos vandenys" in Lithuania.

Tender Structure XML - Cycle 1XML
c4t_7101665_1.xml

This document contains the structure for a simplified open tender for insurance services for 2026, requiring a complete tender submission.

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75
Good

Tender Quality Score

This tender for insurance services is generally well-structured with clear documentation, but lacks specific details on evaluation criteria and financial aspects, impacting its overall completeness and practicality.

Score Breakdown

Legal Compliance75/100

The tender adheres to basic legal requirements with a clear CPV code and a defined procedure. However, the absence of a specified reveal date for submissions and the lack of explicit evaluation criteria could pose minor compliance risks.

Missing reveal date
No evaluation criteria specified
Clarity80/100

The tender provides a clear title, reference, and description of the services required. The attached documents, particularly the technical specifications, offer detailed information on the types of insurance needed.

Completeness70/100

While essential information like the organization, CPV, and duration are present, the estimated value is not disclosed, and crucial details regarding exclusion, eligibility, technical, and financial requirements are missing from the AI-extracted sections. This significantly impacts the completeness of the tender documentation.

Estimated value not disclosed
Missing specific exclusion grounds
Fairness85/100

The tender is open and uses e-procurement, promoting fairness. The lack of specific tailored requirements for particular companies is a positive. However, the absence of disclosed financial value and clear evaluation criteria could be perceived as less transparent.

Practicality65/100

The tender is marked as e-procurement, which is positive. However, the AI-extracted requirements indicate a lack of specific submission instructions, and the absence of a disclosed contract start date and financing information reduces its practicality.

No e-submission details provided in AI extraction
Contract start date not specified
Data Consistency90/100

Key fields such as title, reference, organization, and CPV are populated. The dates provided are logical, and there are no reported disputes or suspensions, indicating good data consistency.

Sustainability50/100

The tender is marked as EU funded, which often implies adherence to certain standards. However, there are no explicit mentions of green procurement, social aspects, or innovation within the provided information.

Not green procurement
No social criteria

Strengths

Clear CPV code and description
EU Funded and E-Procurement characteristics
Multiple relevant documents attached
Open procedure

Concerns

Estimated value not disclosed
Missing detailed requirements (exclusion, eligibility, technical, financial)
No evaluation criteria specified
Lack of explicit sustainability considerations

Recommendations

1. Disclose the estimated value of the contract.
2. Provide detailed requirements for exclusion, eligibility, technical capability, and financial standing.
3. Specify the evaluation criteria to ensure transparency and fairness.

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