VR Group: Property damage and business interruption insurance - Invitation to participate

VR-Yhtymä Oyj / VR-Group Plc (hereinafter also "VR" or "contracting entity") starts with this procurement notice and the related invitation to participate in a procurement procedure for the procurement of VR Group's property damage and business interruption insurance. The object of the procurement is property damage and business interruption insurance for the contracting entity. Procurement is arranged for Policyholder and its subsidiaries’ Property Damage and Business Interruption Insurance. Policyholder is VR-Group Plc. The object of Insurance is Property owned by the Insured which includes but is not limited to buildings, machinery and equipment, locomotives, train cars and other rolling equipment. The preliminary description of the procurement is attached to this invitation to participate (Appendix 1). The description and related documentation will be specified during negotiations and the final subject-matter will be described in the final invitation to tender. The procurement will be carried out by means of negotiated procedure. The Finnish Act on Procurements and Concession Contracts of Entities Operating in the Water and Energy Supply, Transport and Postal Services Sector 1398/2016 (later "Act on Public Contracts in the Utilities sector") applies to this procurement. A candidate must fulfil all suitability requirements set in this notice and its appendices in order to be qualified as a tenderer to the procurement procedure. All candidates fulfilling the suitability requirements will be selected as tenderers to the procurement procedure. The contracting entity selects one or more suppliers. The number of selected suppliers will be specified during the negotiations. The number of selected suppliers will be announced in the final invitation to tender. All requirements for the procurement, as well as the contract terms, will be defined during the procurement procedure. All final requirements will be presented in the final invitation to tender. The first Insurance period is estimated to commence 1st December 2023. The policy period shall be 12 months fixed-term.

Please see also more detailed description of the procurement attached as Annex 1 "Preliminary Description of the procurement". The object of procurement is specified during the procurement procedure and the final object of procurement and its requirements shall be described in the final invitation to tender.

The candidate/tenderer agrees to use the electronic ordering and purchase invoice system in place at VR and to follow the instructions related to the invoicing and found at: https://www.vrgroup.fi/fi/vrgroup/info/laskutusohjeet (in Finnish) https://www.vrgroup.fi/en/vrgroup/contact-information/invoicing (in English)