Property & Business Interruption Insurance for the Municipality of Gulpen-Wittem
EU procurement for the insurance of property and business interruption for the Municipality of Gulpen-Wittem, where the lowest price is the sole award criterion.
Services · Open · European procedure
01What is being requested
This concerns the Property & Business Interruption Insurance for the Municipality of Gulpen-Wittem with an initial duration of three years and the possibility of three tacit extensions of 12 months each.
The objective of this procurement procedure is to award the Contract to one or more suitable Bidders, with whom an Agreement regarding the Property & Business Interruption Insurance will be entered into.
02Outcome
Intermont Assuradeuren B.V.
03Strategic insight
Take into account a net premium without broker commission. Ensure that clauses LMA 5400 and LMA 5393 are incorporated into the bid. Note the specific notice period and the unchanged loss ratio.
04Points of attention
05Exclusion grounds
- No specific exclusion grounds were extracted. In a European tender, the mandatory and discretionary grounds of art. 2.86/2.87 of the Dutch Procurement Act almost always apply — check the European Single Procurement Document (ESPD).
06Award criteria
The contract is awarded on the basis of the lowest price.
07Process & timeline
08Value in context
The contracting authority did not publish an estimated value — common for a large share of contracts. The EU threshold for diensten is € 221.000, for reference.
09Bidders in this segment
10Tender documents
11Legal themes that may be relevant here
12Frequently asked questions
What is the notice period for the insurer and the policyholder?
What percentage applies to the annual cancellation regarding the loss ratio?
Automatically compiled from the official tender data and documents.
13Estimated value versus the market
€ 200K
€ 538K
€ 1,9 mln
Gegunde waarden in CPV 66 · diensten n=882