Delhi Transport Corporation Group Term Insurance Tender New Delhi 2026 – Permanent & Contract Employees

Tender Overview

Organization: Delhi Transport Corporation (dtc) — procuring Group Term Insurance Service for Permanent Employees and Contract Employees in New Delhi, Delhi. Estimated value: ₹50,000,000. Coverage spans natural death, accidental death, suicide, animal bite, pre-existing illnesses, and any mishap affecting employees. Start/end dates are not disclosed; contract terms adopt an option clause allowing up to 50% adjustment in quantity or duration. Emphasizes strict safety and insurance requirements for contractors delivering insurance services within EHV environments. Unique aspect: ATC-linked terms provided by the buyer; no BOQ items listed. This procurement focuses on comprehensive life and accidental risk coverage for the workforce under a government-run transport department. Key differentiator: explicit option clause governing scope change up to 50% before contract issuance and post-award adjustments. Unique context: DTc operates under Delhi government as a state transport provider, seeking a robust insurance partner.

Technical Specifications & Requirements

• Coverage scope includes: natural death, accidental death, suicide, animal bite, pre-existing illnesses, and any mishap to employees.
• Estimated contract value: ₹50,000,000; no explicit EMD amount disclosed.
• Eligibility signals: ATC terms suggest adherence to specific buyer conditions; no technical BOQ items or performance metrics published.
• Service category: Group Term Insurance for both permanent and contract employees; likely requires organization-wide member data handling and risk assessment.
• Safety emphasis: contractor must comply with insurance provisions for work in hazardous environments and PPE usage for staff.
• Additional terms may be embedded in the uploaded ATC document; bidders should review the ATC file for compliance and documentation requirements.

Terms, Conditions & Eligibility

• Option Clause: Buyer can adjust contract quantity or duration up to 50%; revision acceptance required.
• Insurance obligations: Contractor to ensure workmen compensation, public liability, property damage, and related insurance coverage where applicable.
• Safety measures for Extra High Voltage environments and PPE adherence mandatory.
• ATC/Detailed terms in uploaded document; bidders must review for submission requirements and compliance.
• No explicit BOQ or delivery milestones published; bidders should prepare for bid submission with standard DTc insurance procurement documentation and eligibility proofs.
• EMD amount not disclosed; bidders should verify exact EMD in the ATC and tender portal.