Latvia2 days leftOpen

Real estate insurance services

Tender Overview

LOCATION

Riga, Latvia

VALUE

€18,000

DEADLINE

February 04, 2026 at 08:00

CATEGORY

Other

CPV CODE

66500000

REFERENCE

163968

Project Timeline

Contact Information

View Original

Original Tender Description

Real estate insurance services
⚠️

MANDATORY EXCLUSION GROUNDS

  • Bidders must not be subject to any exclusion criteria detailed in the procurement requirements.
  • Bidders must confirm their offer was prepared independently, without collusion with competitors.
  • Bidders must acknowledge the consequences of providing false information or engaging in anti-competitive practices.

ELIGIBILITY REQUIREMENTS

  • Bidders must meet the participant requirements outlined in the tender regulations.
  • Bidders must confirm their agreement to all tender terms.
  • Bidders must confirm compliance with all exclusion criteria.
  • Bidders must confirm compliance with data protection regulations.
  • Bidders must provide information on decisive influence and ultimate beneficial owners.
  • Bidders must meet the selection criteria detailed in the procurement requirements.
🔧

TECHNICAL CAPABILITY REQUIREMENTS

  • Bidders must provide insurance services for the properties specified in the technical specification, including their characteristics and specified insured amounts.
  • Bidders must meet the technical offer requirements detailed in the procurement requirements.
  • If using subcontractors, bidders must provide details including their registration number, address, service, and financial volume of work.
💰

FINANCIAL REQUIREMENTS

  • Bidders must provide the proposed insurance premium.
  • Bidders must meet the financial offer requirements detailed in the procurement requirements.
  • If using subcontractors, bidders must specify the financial volume of work for each subcontractor.
📋

SUBMISSION REQUIREMENTS

  • Bidders must follow the submission procedures outlined in the tender regulations.
  • Bidders must submit a completed declaration form (2 Pielikums Apliecinajums).
  • Bidders must submit a completed application form (3 Pielikums Pieteikums).
  • Bidders must submit the proposed insurance premium within the technical specification or designated section.
  • Bidders must submit a completed subcontractor list template (4 pielikums Apakšuzņēmēju saraksts) if applicable.
  • Bidders must submit the European Single Procurement Document (ESPD).
  • Bidders must submit all other necessary documents as detailed in the procurement requirements.
  • Bidders must submit a technical offer meeting the specified requirements.
  • Bidders must submit a financial offer meeting the specified requirements.
  • The submission deadline is 2026-02-04T08:00:00.

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PDF
Iepirkuma priekšmeta prasības, 1.versija
technical_spec163968_PD.ANY_1_1_1_20260120142703.pdf94.3 KB
Summary:
This document contains the procurement requirements for real estate insurance services, detailing exclusion and selection criteria, technical and financial offer requirements, other necessary documents like the ESPD, and the evaluation criteria for submitted offers.
DOC
4 pielikums Apakšuzņēmēju saraksts
form_templateApaksuznemeju saraksts 4 pielikums.doc20.0 KB
Summary:
This document contains Annex 4, a subcontractor list template that bidders must fill out with details of any subcontractors they intend to use for the tender, including their registration number, address, service, and financial volume of work.
DOC
2 Pielikums Apliecinajums
form_templateApliecinajums 2 pielikums.docx8.8 KB
Summary:
This document contains a declaration form for bidders to confirm their offer was prepared independently, without collusion with competitors, and acknowledges the consequences of false information or anti-competitive practices.
DOC
5 pielikums Finanšu piedavājums
unknownFinansu piedavajums 5 pielikums_1.docx5.6 KB
Summary:
No content extracted
DOC
6 pielikums Iepirkuma līguma projekts
contract_draftIepirkuma liguma projekts 6 pielikums.do...19.0 KB
Summary:
This document contains a draft service agreement for real estate insurance between the Latvian Academy of Art (Client) and an unnamed Insurer, outlining the terms, conditions, and responsibilities for the provision of insurance services.
DOC
Nolikums
tender_noticeNolikums 2026_1.docx26.4 KB
Summary:
This document contains the regulations for a tender organized by the Latvian Academy of Art for real estate insurance services for a period of one year, outlining the tender's purpose, participant requirements, submission procedures, and technical specifications.
XLS
1 Pielikums nolikumam Tehnniska specifikacija
technical_specPielikums tehniskaijai specifikācijai_1....8.2 KB
Summary:
This document contains a technical specification for an insurance procurement, detailing properties to be insured with their characteristics, specified insured amounts, and a section for the bidder to provide the proposed insurance premium.
DOC
3 Pielikums Pieteikums
form_templatePieteikums 3 pielikums.docx9.5 KB
Summary:
This document contains an application form for an open competition for real estate insurance services, requiring the bidder to confirm their participation, agreement to tender terms, compliance with exclusion criteria and data protection regulations, and to provide information on decisive influence and ultimate beneficial owners.
HTM
Main tender page
tender_noticeindex.html
Summary:
This document contains the basic data for a procurement notice (LMA 2026/1) by the Latvian Academy of Art for real estate insurance services, detailing the object type, CPV codes, expected contract price, deadlines, and contracting authority information.

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69
Good

Tender Quality Score

This tender for real estate insurance services is generally well-structured with clear requirements, but faces significant issues regarding document accessibility and the completeness of critical submission forms, which severely impact fairness and practicality.

Score Breakdown

Legal Compliance75/100

The tender follows an open procedure, clearly defines its type, and uses appropriate CPV codes. The requirement for an ESPD indicates compliance with EU/national regulations. Deadlines are reasonable, and no disputes are reported. However, the 'Restricted document access' flag, if it means bidders cannot access documents, poses a significant legal compliance risk regarding transparency.

Potential legal compliance risk if 'Restricted document access' prevents bidders from accessing mandatory documents.
Clarity80/100

The tender description is clear, and AI-extracted requirements are comprehensive and well-defined across various categories. Document summaries indicate that evaluation criteria are specified within the 'Iepirkuma priekšmeta prasības' document. However, the critical '5 pielikums Finanšu piedavājums' document having 'No content extracted' creates a significant clarity issue for bidders preparing their financial offers.

The '5 pielikums Finanšu piedavājums' document has no content extracted, which is a critical clarity gap for bidders.
Completeness70/100

Most essential information, including title, reference, organization, value, deadlines, and location, is provided. Key documents like technical specifications and a draft contract are present. However, the '5 pielikums Finanšu piedavājums' document's lack of content extraction represents a major gap in the completeness of the tender package, as it is likely a mandatory template for financial offers.

The '5 pielikums Finanšu piedavājums' document is listed but has no content extracted, indicating a critical missing component for bidders.
Fairness50/100

The tender benefits from an open procedure, disclosed value, reasonable submission period, and enabled e-procurement. Requirements appear generic and not tailored. However, the 'Restricted document access' flag is a critical concern. If bidders cannot fully access all tender documents, the principle of equal treatment and fair competition is severely compromised.

The 'Restricted document access' flag is a major concern, potentially hindering fair competition and equal access to information.
Practicality65/100

E-procurement is supported, which enhances practicality. The duration is clearly specified. However, the 'Restricted document access' flag could make it impractical for bidders to obtain necessary documents. Furthermore, the missing content for the '5 pielikums Finanšu piedavājums' document makes it practically impossible for bidders to prepare a compliant financial offer.

Potential practical difficulties for bidders due to 'Restricted document access'.
Impossibility for bidders to prepare a compliant financial offer due to missing content in '5 pielikums Finanšu piedavājums'.
Data Consistency90/100

The core data fields, including title, reference, organization, financial details, and timeline, are consistently populated. Dates are logical, and no disputes or suspensions are reported. Minor discrepancies between automated checks and document summaries (e.g., e-submission, evaluation criteria) are reconcilable, with the document summaries providing more specific content detail.

Sustainability50/100

The tender does not explicitly incorporate any green procurement, social aspects, or innovation focus. It is also not indicated as EU-funded, which often correlates with higher sustainability standards. Therefore, it receives a neutral score in this category.

Absence of specific green procurement, social, or innovation criteria.

Strengths

Open procedure with clear basic information and disclosed value.
Detailed AI-extracted requirements covering exclusion, eligibility, technical, and financial aspects.
E-procurement is enabled, facilitating submission.
Reasonable submission period (15 days) for bid preparation.
Draft contract and technical specifications are provided.

Concerns

Critical 'Restricted document access' flag, potentially hindering bidder participation and fairness.
The '5 pielikums Finanšu piedavājums' document has no content extracted, making financial offer preparation impossible.
Lack of explicit sustainability, social, or innovation criteria.
Potential for confusion due to automated check flags contradicting other tender information.

Recommendations

1. Immediately resolve the 'Restricted document access' issue to ensure all tender documents are fully accessible to potential bidders.
2. Upload or ensure the content of '5 pielikums Finanšu piedavājums' (Document 7) is fully available and readable for bidders.
3. Consider incorporating sustainability, social, or innovation criteria in future tenders to align with modern procurement best practices.

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B
Tender Quality Score
69/ 100 · Good

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