Bucharest's public transport company RATB intends to pay EUR 1.2 million for the mandatory liability insurance (RCA) of its bus, trolley and tram park.

The company will award the 12-month agreement through public tender.

RATB, which will finance the project from its sources, will conclude five subsequent contracts, reports local Capital.ro. The first contract will be inked when signing the framework agreement.

The amount estimated for the largest subsequent contract includes at least 370 policies and maximum 425 policies.

Companies interested can submit bids by May 18.

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