Directors and Officers Liability Insurance, RBR 2017/4

Announced: 07.02.2017
Closed: 27.02.2017
Contracted to: Compensa Vienna Insurance Group UADB Latvijas filiāle

The contracting authority the joint stock company RB Rail AS, registration number 40103845025, registered address: Gogoļa iela 3, Riga, LV-1050, Latvia, office address: Krišjāņa Valdemāra iela 21, Rīga LV-1010, Latvia organises open competition “Directors and Officers liability insurance”.

The identification number of this open competition is RB Rail 2017/4.

The applicable CPV codes are:
66516400-4 (general liability insurance services);
66516500-5 (professional liability insurance services).

Procurement procedure:
This Procurement is organised in accordance with Section 82 of the Public Procurement Law of Republic of Latvia.

Subject matter of the open competition:
Directors and Officers liability insurance.

Availability of open competition documents:
Open competition Regulation and other documents are available for interested suppliers online at web-site: (see section Open competition documents below). Interested suppliers can get acquainted and receive hard copy of Regulations personally at RB Rail office, 21 Krišjāņa Valdemara iela, room 639, Riga, LV-1010, Latvia. Open competition Regulation is available free of charge.

Submission of a proposal:
Proposal for participation in the open competition shall be submitted personally, by courier or mail to the RB Rail AS, 21 Krišjāņa Valdemara iela, room 639, Riga, LV-1010). A Proposal shall be submitted not later than by 17 February, 2017, till 10:00 o’clock.

Contact persons of the Company are:
Procurement organizational aspects: Lead Procurement Specialist, Mārtiņš Blaus, telephone: +371 28118533, e-mail address:;

In aspects concerning the subject matter of open competition: Head of Finance Department Viktorija Meikšāne, telephone: +371 +371 29117768, e-mail address:

Decision notice

  1. Date of the decision: 27.02.2017.
  2. Procurement subject: Directors and Officers Liability Insurance.
  3. Tenderer who is selected and with whom is decided to enter into agreement in accordance with the conditions of the open competition regulation and according to Section 9 of article 82 (8”) of the Public Procurement Law, naming company, price of the agreement and its advantages:
    Tenderers’ name, Reg. No.: Compensa Vienna Insurance Group UADB Latvijas filiāle, Reg. No. 40103942087
    Legal address: Vienības gatve 87h, Riga, LV-1004, Latvia.
    Total price of the Proposal: EUR 13950,00 (excl. VAT)
    Advantages (per selection criteria): Proposal with the lowest price.
  4. Tenderers who have submitted proposal:
    No Tenderer Total price of the proposal
    (EUR, excl. VAT)
    1. Compensa Vienna Insurance Group UADB Latvijas filiāle Reg. No. 40103942087 13 950,00
    2. Marsh SIA, Reg. No. 40003602206 14 000,00
  5. Excluded Tenderers and purpose for exclusion: n/a.
  6. Selection criteria: Proposal with the lowest price.


Contract for Directors and Officers liability insurance (Download).