NHDC Limited Group Personal Accident Insurance Tender Bhopal Madhya Pradesh 2026
Bid Publish Date
11-Sep-2026, 6:26 pm
Bid End Date
21-Sep-2026, 11:00 am
Location
Progress
Key Highlights
- • Target organization and location: NHDC Limited, Bhopal, Madhya Pradesh
- • Procurement category: Group Personal Accident Insurance Service for specific employee groups
- • Contract flexibility: potential quantity/duration change up to 50% pre- and post-award
- • Integrity Pact obligation: mandatory submission with bid
- • ATC compliance: bidders must review and adhere to uploaded ATC document
- • Annexure D reference: coverage terms aligned to NHDC policy
- • No BOQ or explicit value: final insurance premium and limits to be disclosed in tender documents
- • No published EMD amount: verify in final terms
Tender Overview
NHDC Limited invites bids for a Group Personal Accident Insurance Service intended for Permanent Employees, Trainee Engineers, Trainee Officers, NHPC Cadre, and Deputationists located in Bhopal, Madhya Pradesh. The procurement scope covers accidental death, permanent total disability, and permanent partial disability as per Annexure D and NHDC guidelines. The tender notes a variable contract framework with potential quantity/duration adjustments up to 50% and a lumpsum option for scope expansion, suggesting flexible coverage terms. No BOQ items or explicit estimated value are disclosed, making the exact insurance premium and coverage limits non-public at this stage. A supplier must align with the organization’s integrity pact and ATC terms as published by NHDC. The absence of explicit technical specs signals reliance on standard group personal accident insurance provisions and annexures.
Technical Specifications & Requirements
- No technical specifications are published in the tender data.
- The procurement pertains to Group Personal Accident Insurance Service for specified employee categories in Bhopal.
- Expect requirements around standard insurance policy features (death, PTD, PPD) and alignment with Annexure D guidance.
- Documentation will likely include insurer eligibility, financial solvency proof, and policy terms.
- The ATC documents and Integrity Pact are mandatory submission components per buyer terms.
- Given the lack of BOQ, bidders should prepare generic but compliant PA insurance proposals with clear coverage limits and riders as per NHDC policy.
Terms & Eligibility
- EMD amount and exact estimated value are not disclosed; bidders should verify in the final tender documents.
- Bidder must comply with the buyer’s Integrity Pact and upload scanned copy with the bid.
- Optional scope modification up to 50% is allowed before contract award, and post-award only up to 50% more quantity/duration may be added.
- ATC documents and bidder-specific terms govern submission.
- No explicit delivery timelines or payment terms are published in the available data; bidders should await official contract terms.
Key Specifications
-
Product/service: Group Personal Accident Insurance Service for NHDC Limited employees and designated cadres
-
Coverage: accidental death, Permanent Total Disability (PTD), Permanent Partial Disability (PPD) as per Annexure D
-
Location: Bhopal, Madhya Pradesh
-
Contract flexibility: quantity/duration adjustments up to 50%
-
Documentation: compliance with Integrity Pact and ATC documents
-
Standards: not explicitly published; rely on standard PA insurance policy terms and Annexure D guidance
Terms & Conditions
-
EMD amount and estimated contract value not disclosed in available data
-
Integrity Pact mandatory; upload scanned copy with bid
-
50% scope adjustment allowed pre- and post-contract issuance
-
ATC document governs submission; comply with published terms
-
Annexure D governs coverage specifics for disability categories
Important Clauses
Payment Terms
Not disclosed in data; will be defined in final tender or contract documents
Delivery Schedule
Not disclosed; final contract will specify policy issuance timelines and renewal/term periods
Penalties/Liquidated Damages
Not specified; contract will outline LDs or penalties if policy delivery or coverage fails
Bidder Eligibility
-
Licensed insurer or broker with group personal accident insurance experience
-
Financial solvency as evidenced by last 2-3 years statements
-
Compliance with Integrity Pact and ATC terms
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Group Personal Accident Insurance Service - Permanent Employees, Trainee Engineers, Trainee Officers, NHPC Cadre, Deputationists; Only accidental death (not natural), Permanent total disability, Permanent partial disability, As per Annexure D and NHD..
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
NHDC PARISAR
Delivery Pincodes
462013
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Reshma Sanjeev | 462013,NHDC PARISAR, NEAR HOTEL LAKE VIEW ASHOKA, SHYAMLA HILLS, BHOPAL (M.P.) | NHDC PARISAR | - | 462013 | Project / Lumpsum Based | - | No. of People to be Insured : 483 Total Sum Insured : 6279022055 |
Authority Records
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Documents 7
GeM-Bidding-9871263.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates of group personal accident insurance provision
Financial statements or solvency proof for last 2-3 years
EMD/bid security as specified in final tender (amount not disclosed here)
Technical bid documents outlining policy coverage, limits, exclusions
OEM/Insurer authorization and registration documents
Signed Integrity Pact as per Buyer policy
ATC document receipt acknowledgment
Any annexures referenced (e.g., Annexure D) and compliance certificates
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for NHDC Limited PA insurance in Bhopal 2026?
Bidders should submit an insurance proposal meeting NHDC’s group PA coverage needs, with Integrity Pact compliance and ATC acknowledgment. Ensure financial solvency, PAN, GST, and insurer authorization. Final terms define EMD, coverage limits, and 50% scope flexibility; monitor NHDC ATC for submission specifics.
What documents are required for NHDC PA insurance tender in Bhopal?
Prepare GST certificate, PAN card, insurer authorization, last 2-3 years financials, experience certificates in PA insurance, technical bid detailing policy coverage and exclusions, and signed Integrity Pact. Include ATC acknowledgment and Annexure D references as applicable.
What is the coverage scope for NHDC group PA insurance Annexure D?
Annexure D governs accident-based coverage including accidental death, Permanent Total Disability (PTD), and Permanent Partial Disability (PPD). Bidders must align policy terms, riders, and limits with Annexure D specifications as part of the technical bid.
When will the EMD and contract value be clarified for this NHDC tender?
The current data does not disclose EMD amount or estimated contract value. Final tender documents will specify EMD requirements, payment terms, and the exact value to guide bid pricing and financial planning.
What are the 50% quantity/duration flexibilities in NHDC PA insurance?
Pre-issue and post-issuance: contract quantity or duration may be increased up to 50%. For lumpsum service contracts, scope and value may adjust up to 50% with provider consent, enabling adaptive coverage aligned to NHDC needs.
What standards or certifications are required for NHDC PA insurance bids?
Insurers/bidders should provide standard PA insurance policy terms with compliant coverage. While no specific ISO/IS standards are listed in the data, ensure regulatory compliance, insurer registration, and integrity pact adherence per NHDC ATC.
What is the submission deadline for NHDC group PA insurance bid in 2026?
Final submission deadlines are not stated in the available data. Bidders must refer to the official tender documents for exact dates and ensure timely compliance with Integrity Pact and ATC submissions.
How does NHDC verify bidder eligibility for the PA insurance contract?
NHDC requires evidence of insurer/broker licensing, financial solvency, prior PA insurance experience, GST/PAN validity, and signed Integrity Pact. Eligibility hinges on compliance with annexures and ATC guidelines published with the tender.