Procurement of Insurance Services

Summary

The tender seeks insurance services for Águas e Energia do Porto in eight lots: workers’ compensation and personal accident insurance (€1,305,000), health insurance (€915,316.26), industrial all-risks insurance (€214,131.49), general and operational liability insurance (€450,000), motor fleet and machinery hull insurance (€150,000), environmental liability insurance (€36,000), directors’ and officers’ liability insurance (€22,500), and drone liability insurance (€1,500). The total estimated value is €3,094,447.75 excluding VAT, and a bidder may be awarded all eight lots. The lowest-priced bid is the sole award criterion; variant bids are not permitted. The submission deadline is 29 October 2026 at 17:00, and bids must remain valid for 66 days after the deadline. The initial term is 365 days for Lots 1–6, 269 days for Lot 7, and 294 days for Lot 8; each contract may be renewed up to twice. If the contract price for Lot 1 or Lot 2 is at least €500,000, the successful bidder must provide a performance guarantee equal to 5% of the contract price excluding VAT. Check the tender documents for the detailed qualification and bid requirements.