Insurance Services 2027

Summary

Budapest Waterworks is procuring insurance services in six lots: property and combined liability insurance; excess property insurance for the Central Wastewater Treatment Plant; machinery breakdown insurance; compulsory motor third-party liability insurance for a fleet of 373 vehicles; comprehensive fleet insurance for 153 vehicles; and group life and accident insurance for an initial group of 1,604 people. The insured property values for lots 1–3 are HUF 458,369,849,369, HUF 82,460,922,161 and HUF 3,937,193,797 respectively; the excess cover for the wastewater treatment plant applies above the existing HUF 8 billion limit. The planned terms are 36 months for lots 1–3 and 6, and 24 months for lots 4–5; each of lots 1–3 may be extended once by a further 12 months.