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Tenders

Company property and business interruption insurance. Repeat procurement

Closed

Updated October 12, 2026

Submission Deadline Has Passed

This tender's submission deadline has passed and is no longer accepting applications. The information below is kept for reference purposes.

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Deadline
Expired
January 23, 2026
Contract Details
Category
Services
Reference
304777
Value
€200,000
Location
Estonia
Published
January 12, 2026
CPV Code
Project Timeline

Tender Published

January 12, 2026

Deadline for Questions

January 16, 2026

Submission Deadline

January 23, 2026

Tender Opening

January 23, 2026

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Key facts

Estimated value
€200,000
Deadline
Expired
CPV Code
66510000-8 — Insurance services
Procedure
Simplified procedure
Budget
€200,000
Duration
12 months
Location
Estonia
Type
Services
71
Quality Score/100
Good
Market Benchmark
Avg. Winning Price
€844,224
Avg. Bids
3.1
Competition
Medium
SME Winners
69%
297 tenders analyzed

Original Tender Description

Kindlustusobjektideks on kinnis- ja vallasvara, mis on kindlustusvõtja omanduses või mille eest kindlustusvõtja on mis tahes viisil vastutav ja/või mille osas on kindlustusvõtjal kindlustuskohustus/-huvi sh vara mis asub territooriumil ehk väljastpoolt hoonet.
Electronic Submission

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Requirements & Qualifications

17 requirements across 5 categories

Submission (10)
Mandatory (1)
Compliance (2)
Technical (3)
Financial (1)
SUBMISSION REQUIREMENTS10
--Submit proposals via e-RHR (State Procurement Register).
--Confirm the proposal's compliance with tender conditions.
--Submit the bid cost.
MANDATORY EXCLUSION GROUNDS1
--Bidders must not meet any specified mandatory exclusion grounds.
ELIGIBILITY REQUIREMENTS2
--Bidders must possess an operating license.
--Bidders must be authorized insurers in Estonia.
TECHNICAL CAPABILITY REQUIREMENTS3
--Bidders must have completed two previous property and business interruption insurance contracts totaling at least 100,000 EUR.
--The insurance provided must cover property and business interruption for Tallinna Lennujaam and its subsidiaries.
--The coverage period must be from February 1, 2026, to January 31, 2027.
FINANCIAL REQUIREMENTS1
--Bidders must have a minimum net turnover of 400,000 EUR over the last three years.

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Documents

7 documents available with AI summaries

VastavustingimusedPDF
304777_vastavustingimused.pdf -- 6.4 KB

Bidders must confirm their proposal's compliance with tender conditions, submit the bid cost and insurance terms, and declare any business secrets.

Hindamiskriteeriumid ja hinnatavad näitajadPDF
304777_hindamiskriteeriumid.pdf -- 4.9 KB

This document outlines that bids will be evaluated 100% based on total cost, requiring offers for both property and business interruption insurance, including two options for property insurance, and zero or negative bids will not be accepted.

Kõrvaldamise alused ja kvalifitseerimistingimusedPDF
304777_korvaldamise_alused_ja_kvalifitseerimi... -- 8.0 KB

This document specifies the exclusion grounds and qualification criteria for bidders, including requirements for an operating license, a minimum net turnover of 400,000 EUR over the last three years, and two previous property and business interruption insurance contracts totaling at least 100,000 EUR.

AlusdokumentDOC
Alusdokument.docx -- 28.8 KB

This document outlines the terms for Tallinn Airport's simplified procurement of company property and business interruption insurance, requiring bidders to be authorized insurers in Estonia and submit proposals via e-RHR.

Tehniline kirjeldusDOC
Tehniline kirjeldus 1201.docx -- 138.3 KB

This document outlines the requirements for property and business interruption insurance for Tallinna Lennujaam and its subsidiaries for the period from February 1, 2026, to January 31, 2027.

Vorm-Ühispakkumuses osaleja volikiriDOC
Vorm-Ühispakkumuses osaleja volikiri.docx -- 19.8 KB

This form is a power of attorney for a joint bid participant, authorizing another bidder to submit the tender and perform actions related to the procurement procedure.

Vorm-VolikiriDOC
Vorm-Volikiri.docx -- 20.1 KB

This power of attorney form is for bidders to authorize an individual to officially represent them and sign the tender submission for company property and business interruption insurance.

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71
Good

Tender Quality Score

This tender is generally well-structured with clear requirements, but it contains a significant inconsistency in the evaluation criteria that needs rectification. Overall, it presents a workable procurement process with good transparency.

Score Breakdown

Legal Compliance75/100

The tender generally complies with national procurement regulations for a simplified procedure, offering a reasonable period for submission (11 days) and clear references to the procedure type. The inconsistency in evaluation criteria is a minor legal ambiguity.

•Inconsistency in evaluation criteria ('relative_weighting' vs. '100% based on total cost')
Clarity80/100

Requirements are detailed and understandable, providing a clear overview of the insurance objects and qualification conditions. However, the contradiction in evaluation criteria reduces overall clarity.

•Inconsistency in evaluation criteria ('relative_weighting' vs. '100% based on total cost')
Completeness70/100

The tender includes most of the necessary information, including financial data, deadlines, and requirements. The availability of asset information only upon request slightly reduces immediate completeness, and the 'N/A' codes for Type and Procedure are minor omissions.

•Asset information available only upon request
•Missing specific codes for 'Type' and 'Procedure'
Fairness85/100

The tender is generally fair, enabling electronic submission and transparent value disclosure. Qualification requirements (turnover, experience) appear proportionate to the contract value and do not seem tailored to a specific company.

Practicality65/100

Electronic submission and clear contract start dates enhance practicality. The absence of a direct document URL in the provided information is a minor drawback, though access via e-RHR is implied.

•No direct document URL provided in the tender information
Data Consistency50/100

Data consistency is significantly impacted by the contradiction in evaluation criteria, which is a critical discrepancy. While other dates and key fields are consistent, this major inconsistency lowers the score.

•Inconsistency in evaluation criteria ('relative_weighting' vs. '100% based on total cost')
Sustainability50/100

The tender lacks explicit green, social, or innovation-focused criteria. While common for insurance services, this impacts the sustainability score.

•No green procurement criteria
•No social criteria

Strengths

Clear and detailed eligibility, technical capability, and financial requirements
Comprehensive submission requirements, including specific forms for power of attorney
Transparent financial information with estimated value disclosed
Electronic submission and e-procurement enabled, promoting accessibility
Clear contract duration and start date

Concerns

Inconsistency in evaluation criteria ('relative_weighting' vs. '100% based on total cost')
Asset information requires a separate request, adding a step for bidders
Lack of explicit sustainability, social, or innovation criteria
No direct document URL provided in the tender information
The 'N/A' codes for 'Type' and 'Procedure' are minor omissions

Recommendations

1. Rectify the inconsistency in evaluation criteria to clearly state whether it's lowest price (100% total cost) or relative weighting.
2. Consider providing asset information directly within the tender documents, perhaps password-protected, or clarify the process for requesting it.
3. Explore opportunities to integrate sustainability or social responsibility clauses, if applicable, even for insurance services.

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