OSLO KOMMUNE V/ BOLIGBYGG OSLO KF has floated a tender for Directors and Officers Liability Insurance. The project location is Norway and the tender is closing on 31 May 2021. The tender notice number is 231770-2021, while the TOT Ref Number is 52910386. Bidders can have further information about the Tender and can request the complete Tender document by Registering on the site.

Expired Tender

Procurement Summary

Country : Norway

Summary : Directors and Officers Liability Insurance

Deadline : 31 May 2021

Other Information

Notice Type : Tender

TOT Ref.No.: 52910386

Document Ref. No. : 231770-2021

Competition : ICB

Financier : Self Financed

Purchaser Ownership : -

Tender Value : NOK 1600000.00

Purchaser's Detail

Purchaser : OSLO KOMMUNE V/ BOLIGBYGG OSLO KF
Address : Postboks 1192 Sentrum
Town : Oslo
NUTS-Code : NO081 - Oslo
Postal Code : 0107
Contact Point : Eva-Kristin Danielsen
Phone : +47 47667213
Norway
Email :eva-kristin.danielsen@bby.oslo.kommune.no
URL :www.boligbygg.no

Tender Details

Document Type : Contract notice

Title : Directors and Officers Liability Insurance

Reference Number : 21/1058

Contract Type : Services

Estimated Value : 1600000.00 - NOK

Description : Boligbygg Oslo KF (Boligbygg) needs directors and officers liability insurance on general terms for the board in Boligbygg. We would like minimum NOK 100 000 000 in the insurance sum and Boligbygg will also consider up to NOK 200 000 000.

There is no existing directors and officers liability insurance, as Oslo Municipality did not previously allow this. Boligbygg has clarified that Oslo Forsikring AS cannot offer directors and officers liability insurance. There is, therefore, a need to procure directors and officers liability insurance in the market.

As a municipal company is part of the municipality, and a municipality cannot be declared bankrupt, it is assumed that it will not be practical for third persons to file claims against board members in a KF than in other companies. Furthermore, the municipality has employer liability for the board members and will be liable for damage that the board members intentionally or negligently inflicts on others, unless they act outside their post.



66000000 - Financial and insurance services

66510000 - Insurance services

66516500 - Professional liability insurance services

Authority Type : Regional or local authority

Type of Procedure : Competitive procedure with negotiation

Regulation : European Eco...

Documents

 Tender Notice