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Property, liability and D&O insurance

BKM Budapesti Közművek Nonprofit Zártkörűen Működő Részvénytársaság·Budapest, Hungary·Expired · Aug 05, 2026·Open·Services
Structured notice only
Original notice title

Hungary – Insurance services – K2668 Vagyon és felelősség, D&O biztosítás

50/100

Opportunity Score

Needs reviewMedium complexity
ServicesExpired
Why this score?

Opportunity

50 / 100

Complexity

55 / 100

Risk factors

No estimated contract value or premium budget is disclosed; bidders cannot gauge the financial scale.

Lot 1 requires a reference contract with insured assets ≥150 billion HUF; this is a high threshold that may limit compe...

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Deep Company Fit Analysis

Uses:

  • Description
  • Industries & Services
  • Capabilities
  • Market & Experience
  • Certifications

Overview

Moderate opportunity

Key Facts

  • Services contract
  • 2 lots
  • Provision of property and liability insurance (Lot 1) and D&O liability insurance (Lot 2) for BKM Budapesti Közművek Nonprofit Zrt.
  • Lot 1 covers property damage, liability, machinery breakdown, electronic equipment, and transport insurance for a total asset value of 278,954,094,297 HUF.
Show full summary

This tender by BKM Budapesti Közművek Nonprofit Zrt. is for insurance services split into two lots: Lot 1 - Property and Liability Insurance (26-month duration, extendable by 12 months) and Lot 2 - D&O Liability Insurance (24-month duration). The procedure is open, with electronic submission required via EKR. Estimated value is not provided. Award criteria for Lot 1: price (90%) and quality (5%+5%); Lot 2: price only. Key eligibility includes financial stability (no negative net profit in more than two of last three years) and reference contracts (for Lot 1: property insurance with total value ≥150 billion HUF). The tender is subject to Hungarian public procurement law (Kbt.). Note a discrepancy: structured data indicates EU funding, but XML states no EU funds.

Risks

No estimated contract value or premium budget is disclosed; bidders cannot gauge the financial scale.

Lot 1 requires a reference contract with insured assets ≥150 billion HUF; this is a high threshold that may limit compe...

Analysis may be incomplete

Only part of the procurement documentation was analyzed. Additional eligibility requirements, certificates, or submission documents may exist in the remaining tender documentation.

Key Requirements

Technical

  • Bidders may bid for one or both lots.

Administrative

  • Open procedure; electronic submission mandatory via EKR system.
  • Submission deadline: 2026-08-05 09:00 Budapest time.

Requirements may be incomplete.

Award Criteria

Lot 1

Price – Net annual premium (90%)90%Quality – Dedicated contact person (5%)5%Quality – Claim inspection timeliness (5%)5%

Lot 2

Price – Net annual premium (weight not specified)

Buyer

Location

Budapest, HUN

Buyer profile

Open profile

Identifier

10941362244

Activity

General public services

Lots (2)

LOT-0001

Property and Liability Insurance

Property and liability insurance with a total insured asset value of 278,954,094,297 HUF (subject to +5% variation). Includes property, liability, machinery breakdown, electronic equipment, and transport insurance. Coverage area: Hungary (employer's liability extends to Europe). Duration: 26 months (18 Oct 2026 to 31 Dec 2028), extendable by 12 months. Premium payment quarterly.

ServicesEU fundedElectronic submission

Location

Budapest, Hungary

Duration

26 MONTH

Category

Insurance services

Award Criteria

Best price-quality ratio

Deadline

Expired Aug 05, 2026

LOT-0002

D&O Liability Insurance

Directors & Officers liability insurance with a limit of 2,000,000,000 HUF per claim per year. Coverage extends to subsidiaries and external directors. Territorial scope: Europe. Duration: 24 months. Premium payment annually.

ServicesEU fundedElectronic submission

Location

Budapest, Hungary

Duration

24 MONTH

Category

Insurance services

Award Criteria

Price

Deadline

Expired Aug 05, 2026

Procurement Details

Publication date
01 Jul 2026
Languages
Hungarian

Reference metadata

Legal basis
32014L0024

Reference IDs

Tender ID
456647-2026

Documents (1)

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