ORDER OF THE MINISTER OF FINANCE OF THE REPUBLIC OF KAZAKHSTAN

of February 23, 2022 No. 206

About approval of the standard agreement of insurance of civil responsibility of the supplier

According to the subitem 3) parts two of Item 11 of article 43 of the Law of the Republic of Kazakhstan "About public procurements" PRIKAZYVAYU:

1. Approve the enclosed standard agreement of insurance of civil responsibility of the supplier.

2. To provide to department of the legislation of public procurements and purchases of the quasi-public sector of the Ministry of Finance of the Republic of Kazakhstan in the procedure established by the legislation of the Republic of Kazakhstan:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) placement of this order on Internet resource of the Ministry of Finance of the Republic of Kazakhstan;

3) within ten working days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan submission to Department of legal service of the Ministry of Finance of the Republic of Kazakhstan of data on execution of the actions provided by subitems 1) and 2) of this Item.

3. This order becomes effective after ten calendar days after day of its first official publication.

Approved by the Order of the Minister of Finance of the Republic of Kazakhstan of February 23, 2022, No. 206

Standard agreement of insurance of civil responsibility of the supplier

____________________________________________________________________,
                           (name of insurance company)
on behalf of ______________________________________________________________,
        (position, surname, name and middle name (in case of its availability) (further – First name, middle initial, last name)
the authorized person) acting on the basis of the
____________________________________________________________________,
                   (charter, provision or power of attorney)
licenses for the right of implementation of insurance (reinsurance) activity
on industry "general insurance" No. __________ from "___" ________ 20 ___ years,
and rules of insurance of this Agreement (further – rules of insurance),
hereinafter referred to as "Insurer" on the one hand and
____________________________________________________________________,
(First name, middle initial, last name (in case of its availability) physical person, individual identification number
or name of the legal entity, business and identification number)
on behalf of ______________________________________________________________,
                                  (position, First name, middle initial, last name (in case of its availability))
acting on the basis of the ___________________________________________,
                                                     (charter, license or power of attorney)
hereinafter referred to as "Insurer" on the other hand, the "Parties" which jointly are referred to as, based on the Civil code of the Republic of Kazakhstan (further – the Civil code), the Law of the Republic of Kazakhstan "About insurance activity", the Law of the Republic of Kazakhstan "About public procurements" signed this agreement of insurance for the purposes of ensuring agreement performance about public procurements of goods (works, services) / providing advance payment in the amount of, equal to advance payment (if the agreement on public procurements provides advance payment) from "___" ______ 20 ___ years No. _________ (further – the Agreement) as follows.

Chapter 1. The basic concepts used in this Agreement

In this Agreement the following basic concepts are used:

1) the Beneficiary - person who according to this Agreement is receiver of insurance payment (the customer according to the subitem 27) article 2 of the Law of the Republic of Kazakhstan "About public procurements");

2) the Insurer - the legal entity registered as insurance company and having the license for the right of implementation of insurance activity granted authorized by regulating authority, to control and supervision of the financial market and the financial organizations, obliged to make in case of loss occurrence insurance payment to person for benefit of whom this Agreement (Beneficiary), within the amount (insurance sum) determined by this Agreement is signed;

3) the Insurer - person who signed this Agreement with the Insurer (the supplier according to the subitem 24) article 2 of the Law of the Republic of Kazakhstan "About public procurements");

4) insured event - the fact of approach of civil responsibility of the Insurer on indemnification caused to valuable interests of the Beneficiary;

5) object of insurance - the valuable interest of the Insurer connected with its obligation to compensate the property harm done to the Beneficiary as a result of non-execution or improper execution of its agreement obligations about public procurements of goods (works, services);

6) insurance sum - amount of money for which object of insurance and which represents limiting scope of responsibility of the Insurer in case of loss occurrence is insured;

7) insurance premium - amount of money which the Insurer shall pay to the Insurer for adoption by the last of obligations to make insurance payment to the Beneficiary in the amount of, determined by this Agreement;

8) insurance payment - the amount of money paid by the Insurer Vygodopriobretatelyu within insurance sum in case of loss occurrence.

Chapter 2. Subject of the agreement

The insurer shall pay insurance premium, and the Insurer shall perform insurance payment to the Beneficiary in amount and on the conditions provided by this Agreement in case of loss occurrence.

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