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Bharat Petroleum Corporation Ltd Liability Insurance Service Tender Mumbai Maharashtra 2026

Bid Publish Date

05-Feb-2026, 6:10 pm

Bid End Date

26-Feb-2026, 3:00 pm

Location

MUMBAI , MAHARASHTRA

Progress

Issue05-Feb-2026, 6:10 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Mandatory vendor empanelment with BPCL for liability/indemnity insurance
  • • Quantity/duration adjustment up to 25% at contract issue
  • • Location: Mumbai, Maharashtra with BPCL procurement framework
  • • No explicit technical specs; emphasis on insurer eligibility and BPCL registration
  • • Indemnity insurance coverage alignment with BPCL risk framework
  • • Pre-qualification requirement: BPCL registration on bid opening date

Categories 1

INSURANCE SERVICE

Tender Overview

Organization: Bharat Petroleum Corporation Limited (BPCL) – Mumbai, Maharashtra. Product/Service: Liablility Insurance Service (Indemnity insurance) as per tender. Location: Mumbai, MAHARASHTRA 400002. Estimated Value: Not disclosed; EMD: Not disclosed. The contract allows a ±25% change in quantity or duration at issue time, binding bidders to revised terms. Bidders must be registered with BPCL for the required category on bid opening date. This tender centers on procuring indemnity/liability insurance coverage aligned with BPCL’s risk management framework. The absence of detailed technical specs shifts emphasis to insurer eligibility and BPCL registration compliance. The emphasis on empanelment signals a pre-qualified supplier pool. Unique aspect: mandatory BPCL registration prior to bid opening.

Technical Specifications & Requirements

  • Service scope: Liability/Indemnity insurance coverage for BPCL operations (exact scope not specified in data).
  • Standards/Compliance: Not specified in the data; bidders should infer standard industry indemnity coverage requirements and BPCL policy alignment.
  • Delivery/Duration: Contract duration adjustable up to 25% at contract issue and/or after issue, with acceptance of revised quantities/durations.
  • Qualification emphasis: Registration/empanelment with BPCL as of bid opening; prior approval required.
  • Documentation expectations: Basic bid submission with proof of BPCL registration and insurer credentials.

Terms, Conditions & Eligibility

  • EMD/Performance terms: Not disclosed in data; bidders should prepare as per BPCL standard practice for liability insurance tenders.
  • Registration requirement: Mandatory BPCL registration/empanelment in the required goods/services category on bid opening date.
  • Quantity adjustment: Option clause allows ±25% quantity or duration changes at various stages.
  • Delivery/payment terms: Not specified in data; typical insurance tenders include policy issuance timelines and premium payment schedules per BPCL norms.
  • BOQ: No items listed; no fixed unit quantities available in the data provided.
  • Security/Compliance: Bidders must be listed/registered with BPCL for the requisite category.

Key Specifications

  • Service category: Liability insurance / indemnity insurance

  • Contract flexibility: +/- 25% quantity or duration

  • Eligibility: BPCL registration/empanelment required on bid opening

  • Location: Mumbai, Maharashtra

  • Documentation: BPCL registration proof and insurer credentials

Terms & Conditions

  • BPCL registration/empanelment is mandatory for bid participation

  • Contract may be revised by up to 25% in quantity or duration

  • No explicit EMD value disclosed in tender data

Important Clauses

Registration / Empanelment

Contract will be awarded only to bidders registered/empanelled with BPCL in the required category on bid opening date.

Option Clause

BPCL may increase/decrease contract quantity or duration up to 25% at contract issuance; bidders must accept revised terms.

BOQ Availability

No BOQ items available in data; bidders should anticipate category-based pricing and policy coverage submissions.

Bidder Eligibility

  • Must be registered/empanelled with BPCL for liability/indemnity insurance on bid opening

  • Demonstrate prior experience in liability/indemnity insurance for corporate operations

  • Provide financial statements for the past 3 years and GST registration

Documents 4

GeM-Bidding-8939284.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates in liability/indemnity insurance services

4

Financial statements for last 3 years

5

EMD submission proof (as per BPCL norms)

6

Technical bid documents demonstrating insurer credentials

7

OEM authorizations or underwriting approvals (if applicable)

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to participate in BPCL liability insurance tender in Mumbai?

Bidders must be BPCL-registered in the required category by bid opening. Provide GST, PAN, financials, experience certificates, and BPCL eligibility documents. Prepare an insurer credential file and EMD as per BPCL norms. Ensure the bid reflects potential ±25% quantity/duration changes.

What documents are required for BPCL liability insurance bid in Mumbai?

Submit GST certificate, PAN card, three-year financial statements, liability/indemnity insurance experience certificates, BPCL registration proof, insurer credentials, and EMD submission. Include OEM authorizations if applicable and technical bid demonstrating underwriting capacity and risk management framework.

What is the eligibility criteria for BPCL liability insurance tender 2026?

Eligibility requires BPCL category registration/empanelment on bid opening, proven liability/indemnity insurance experience, solid financials for the last 3 years, and compliant GST registration. No specific EMD value disclosed; follow BPCL norms for security deposits.

What are the delivery expectations for BPCL indemnity insurance tender in Mumbai?

Delivery is the issuance of the liability policy as per BPCL risk framework. No fixed policy term details are provided; bidders should align with BPCL underwriting timelines and provide prompt coverage upon contract award, subject to the 25% adjustment clause.

What standards or certifications are required for BPCL insurance tender?

Any required standards are not specified; bidders should demonstrate compliance with general liability/indemnity insurance norms, and provide insurer credentials and underwriting authorization. BPCL registration and credible risk management processes are essential.

How does the 25% option clause affect BPCL liability insurance bids?

The contract allows up to a 25% increase or decrease in quantity or duration at issue, and post-issuance. Bidders must be prepared to adjust coverage terms, premium estimates, and service commitments accordingly without renegotiating core terms.

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