Pawan Hans Limited Group Personal Accident Insurance Tender Gautam Buddha Nagar Uttar Pradesh 2025
Bid Publish Date
05-Dec-2025, 4:35 pm
Bid End Date
22-Dec-2025, 3:00 pm
Location
Progress
Tender Overview
Pawan Hans Limited seeks a service provider for Group Personal Accident Insurance covering permanent and temporary disabilities for both permanent and contract aircrew, including death and disablements. Tender location is Gautam Buddha Nagar, Uttar Pradesh. The contract supports a flexible quantity/duration framework (up to 25% adjustment) and a concurrent excess settlement option allowing additional charges up to a defined percentage of item-level total value. The scope centers on comprehensive aviation personal accident coverage, with terms enabling invoice adjustments for addons under the excess settlement mechanism. This procurement lacks published BOQ items or estimated value in the data provided, but the requirement clearly targets a compliant insurer with aviation risk experience.
- Organization: Pawan Hans Limited
- Product category: Group Personal Accident Insurance for Aircrew (Permanent, Contract, Disability, Death)
- Location: Gautam Buddha Nagar, Uttar Pradesh (201301)
- Key differentiator: 25% quantity/duration flex and excess settlement option for service providers
- Context: Dedicated insurance coverage for aircrew personnel under government-linked aviation operations
Technical Specifications & Requirements
- No technical specifications are published in the tender data.
- The procurement clearly references an aviation-centric personal accident policy, including Permanent total disability, Permanent partial disability, Temporary disabilities, and death coverage for aircrew.
- Expect insurers to provide: policy wordings, risk assessment for aviation operations, standard aviation insurance endorsements, and compliance with local regulatory requirements.
- Since BOQ is empty, bidders should anticipate responding with standard aviation personal accident policy components, including schedule of benefits, riders, and claim settlement processes.
- Potential emphasis on policy tenure alignment with contract duration and renewal terms; ensure policy is compliant with applicable aviation/insurance standards.
Terms, Conditions & Eligibility
- 25% contract quantity/duration adjustment permitted at contract issue and again post-issuance; bidders must accept revised scope.
- Excess settlement allows addon charges up to a predefined percentage of item-level totals; mandatory declaration of applicability and supporting documents at invoice time.
- Typical bid prerequisites include registration (GST), PAN, financial statements, experience in aviation insurance, and evidence of solvency; ensure readiness to submit insurance license details and policy draft templates.
- While EM faits and value are not disclosed, bidders should prepare standard documentation and confirm compliance with insurance regulator norms and aviation operator requirements.
Key Specifications
-
Product/service names: Group Personal Accident Insurance for Aircrew
-
Categories: Permanent total disability, Permanent partial disability, Temporary disabilities, Personal Accident (Death and disablements)
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Estimated value: Not disclosed in data; bidders should prepare standard premium pricing and schedule of benefits
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Experience: Insurance providers with aviation/aircrew coverage experience recommended
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Quality/Compliance: Aviation risk policy standards; regulator compliance and endorsements
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Delivery/Implementation: Policy effective date aligned with contract; process for endorsement updates
Terms & Conditions
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25% quantity/duration adjustment allowed at contract issue and post-issuance
-
Excess settlement enables addons up to a defined percentage of item-level total
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Mandatory documentation includes GST, PAN, financials, and insurance license details
Important Clauses
Payment Terms
Not explicitly defined in the data; bidders should expect standard premium payment terms aligned to policy issuance and annual renewal milestones
Delivery Schedule
Policy issuance and endorsement timelines to be aligned with contract start; ensure timely coverage for aircrew
Penalties/Liquidated Damages
Not specified; bidders should verify penalties for non-performance or delays in policy issuance and claim settlement performance
Bidder Eligibility
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Licensed insurance provider with aviation/aircrew personal accident experience
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Demonstrated compliance with local insurance regulations and aviation norms
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Financial stability to support premium outlay and claim settlement obligations
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 22-12-2025 12:16:14 | |
| 2 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 17-12-2025 15:03:53 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Permanent tota | |
| L2 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Permanent tota |
Contract / Result Documents 1
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Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
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, Contract Employees; Permanent total disability, Permanent partial disability, Temporary disabilities, Personal Accident Aircrew Aviation Policy covering death and disablements incl..
Authority Records
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Documents 5
GeM-Bidding-8679156.pdf
Main Document
BOQ Document
BOQ
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Financial statements (last 2-3 years)
Insurance company license and regulatory approvals
Experience certificates in aviation or group personal accident insurance
Technical bid/documentation outlining policy terms, inclusions/exclusions, renewal terms
OEM/insurer authorizations or endorsements (if applicable)
EMD/Security deposit as per tender requirement (if stated in terms)
Frequently Asked Questions
Key insights about UTTAR PRADESH tender market
How to bid for aviation personal accident insurance in Gautam Buddha Nagar 2025?
Bidders must submit GST, PAN, financial statements, and aviation insurance experience documentation. Provide policy draft, endorsements, and proof of regulator compliance. Ensure capability to meet 25% quantity/duration adjustments and comply with excess settlement invoicing rules.
What documents are required for Pawan Hans aviation insurance tender in UP?
Required documents include GST certificate, PAN card, up-to-date financial statements, insurance license, experience certificates in aviation risk, technical bid outlining policy terms, endorsements, and any OEM authorizations or endorsements applicable to the insurer.
What are the technical specifications for aircrew accident coverage in this bid?
No explicit device-level specs are published; bidders should present a comprehensive Group Personal Accident Insurance policy for aircrew, covering permanent disability, temporary disabilities, and death, with clear benefit schedules and aviation endorsements.
When is the delivery schedule for issuing the aviation insurance policy?
Policy issuance should align with contract start; bidders must detail a delivery plan showing endorsement processing times and renewal schedules to ensure continuous aircrew coverage.
What is the EMD requirement for this procurement?
EMD details are not published in the tender data; bidders should verify whether a bid security is required and prepare the appropriate bank guarantee or online payment as per tender terms.
What are the payment terms for the aviation insurance service contract?
Payment terms are not explicitly defined; expect standard premium-based invoicing with possible annual renewal payments, subject to compliance with policy issuance and performance benchmarks.
What eligibility criteria must insurers meet for aircrew insurance bids in UP?
Eligibility includes aviation insurance experience, regulatory licensing, financial stability, and capability to provide endorsements compliant with aviation safety and local regulatory standards.
What is the role of the excess settlement option in this tender?
Excess settlement allows addons to be billed up to a percentage of the item-level total; bidders must declare applicability during invoicing and provide mandatory supportive documents to validate such charges.