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    Special Insurance policies

    Finnvera Oyj

    Special Insurance policies

    1. Competition notice published

      Apr 7, 10:21 AMApril 7, 2026 10:21 AM
    2. Questions deadline

      Apr 21, 9:00 AMApril 21, 2026 9:00 AM
    3. Tender submission deadline

      May 7, 9:00 AMMay 7, 2026 9:00 AM
    4. Opening date

      May 7, 9:01 AMMay 7, 2026 9:01 AM
    5. Contract start date

      Jun 1, 12:00 AMJune 1, 2026 12:00 AM
    6. Tender validity period

      Nov 7, 10:00 AMNovember 7, 2026 10:00 AM
    7. Contract end date

      May 31, 2030 12:00 AMMay 31, 2030 12:00 AM

    Brief

    Finland: Tenders/Finnvera Oyj/Special Insurance policies

    Expired

    The competition has expired without a winner being announced.

    Brief

    Forsikringstjenester

    Finnvera Oyj needs special insurance policies, specifically Professional Liability Insurance, Crime Insurance, and Directors' and Officers' Liability Insurance, for an initial period from June 1, 2026, to May 31, 2027, with options for up to three additional 12-month periods. The contract will be awarded based on the lowest price.

    About the bid

      The subject of the purchase is Finnvera Oyj´s Special insurance policies. The content thereof is described in more detail in the procurement documents. The procurement includes the following insurance policies in accordance with the procurement documents: • Professional Liability Insurance • Crime Insurance • Directors´ and Officers´ Liability Insurance The aim of this procurement is to review and determine the best way of satisfying the contracting entity’s requirements for its special insurances and to select the most economically advantageous tenderer or group of tenderers (hereinafter ‘tenderer’) to perform a single lot of the procurement in such a way that a service provider is selected for each procurement lot. The first insurance period is 1.6.2026 - 31.05.2027. After the first insurance period, the agreement may be extended with up to three (3) consecutive 12‑month option periods.Main features of the procedureThe procurement follows the Act on Public Procurement and Concession Contracts (1397/2016, Procurement Act). An open procedure is used in this procurement. All suppliers who are interested and meet the requirements can participate by submitting an offer. 1. Publication of the procurement announcement: An announcement is published about the object of the procurement, the requirements, the eligibility conditions and the time limits related to the submission of the offer. 2. Offer according to the request for tenders: Tenderers must submit their offers in accordance with the instructions given in the request for tenders. 3. Opening of tenders and evaluation of eligibility: After the deadline, the procurement unit opens the tenders and checks whether the tenderers meet the requirements. 4. Comparison of offers: The comparison of offers that meet the eligibility criteria is performed based on the selection criteria defined in the request for tenders. 5. Procurement decision: After evaluating and comparing the offers, the procurement unit makes a procurement decision. 6. Notification of the procurement decision: All participating tenderers will be notified of the procurement decision in writing. 7. Conclusion of the contract: After the procurement decision has become legally binding, the procurement unit enters into a contract with the selected supplier. Tenderers are not compensated for making, presenting, or otherwise participating in the procedure.

      Contact name
      Hankinnat
      Contact phone
      +358 2946011
      Contact email
      hankinnat@finnvera.fi
      Address
      PL 1010 (Porkkalankatu 1), 00101 Helsinki

    Custom Assessment Criteria

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    Award Criteria

    • Description

      The contract will be awarded to the economically most advantageous tender. The criterion for assessing the overall economic advantage of the tenders is the lowest price.

      Evaluation Method

      The criterion for assessing the overall economic advantage of the tenders is the lowest price.

    Qualification requirements

      Found no qualification requirements in the contract notice.

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    See the full notice

    Contracting authority
    Finnvera Oyj
    Title
    Special Insurance policies
    Type
    CompetitionPrequalification
    Main code
    66000000Financial and insurance services
    Supplemental codes
    66510000Insurance services

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