Procurement of insurance services for students in the EACH curriculum

The bidder must confirm that neither the bidder, nor joint bidders, nor, where applicable, a foreign branch and its parent company have the exclusion grounds listed in section 95(1) of the Public Procurement Act. If the bid is submitted by a foreign company branch, the confirmation must cover both the branch and the foreign company.

The bidder must be an insurer authorised to operate in Estonia for the insurance types covered by the contract. If the bidder is an insurance broker or agent, it must be listed by the Estonian Financial Supervision Authority as an insurance intermediary and work with insurers authorised in Estonia for the relevant insurance types. If the bidder is not established in Estonia, it must provide proof of the right to operate in its home country, such as a certificate from the competent authority or a copy of the relevant licence or registration. If the bidder is not listed on the Financial Supervision Authority website, it must submit copies of documents proving compliance. The bidder’s net turnover must have been at least EUR 60,000 in each of the last 3 financial years. Turnover data must be submitted on form HD Annex 5. The bidder must submit at least 1 contract in the relevant field, namely insurance services for persons studying on the Erasmus Mundus Joint Masters programme curriculum, completed within the 36 months before the start of the procurement in an amount of at least EUR 4,000 excluding VAT. If the contract was signed earlier or is still ongoing, the bidder must state how much of it was performed during that 36-month period. The bidder must provide the client’s name and contact details, a description of the contract subject, the performance period and the contract value on form HD Annex 5.