Numaligarh Refinery Limited Mega Risk Insurance Tender Golaghat Assam 2026 - Lumpsum GST & Terrorism Policy

Tender Overview

Numaligarh Refinery Limited invites bids for Mega Risk Insurance and Standalone Terrorism Policy covering SOR items 10 and 20 with total quantity 1 Nos each, located in GOLAGHAT, ASSAM 785601. The package encompasses Property Damage Cover, Standard Fire & Special Perils Cover, and additional add-on covers including Money, Laptop, Commercial Crime, and Customs Duty packages. The procurement is structured as a lumpsum price including GST for CATEGORY I and CATEGORY II policies. No BOQ line items are available, and the current tender data lacks explicit start/end dates or estimated value. A 25% fluctuation in quantity or contract duration is allowed via the Buyer’s option clause.

This opportunity targets insurers capable of delivering integrated property risk and terrorism solutions with seamless GST-compliant pricing. The absence of detailed BOQ items implies a broad risk cover requirement across standard insured perils, with potential scope for variations at contract issuance. Bidders should note the emphasis on insurance efficacy across mega risk and terrorism cover for a single-unit procurement, with emphasis on compliance and adaptability to change in contract scope.

Technical Specifications & Requirements

• Category I Mega Risk Insurance: Lumpsum GST-inclusive price for 1 Nos; cover includes Property Damage, Standard Fire & Special Perils.
• Category II Add-on Covers: POLICY for Money and Laptop; Commercial Crime and Customs Duty Package for SOR item 20; total quantity 1 Nos each as applicable.
• Location: GOLAGHAT, ASSAM (785601); insurer must deliver within standard government procurement practices.
• No BOQ items defined; bidders must rely on provided policy scope and ATC terms for coverage boundaries and pricing structure.
• Crucial evaluation will consider compliance with GST-inclusive pricing, policy wordings, and ability to cover both Mega Risk and Terrorism components under one contractual framework.

Terms, Conditions & Eligibility

• Quantity variation up to 25% at contract issue; post-issuance limit remains 25%.
• No explicit EMD amount disclosed in data; bidders should verify at bid stage.
• Standard terms require compliance with government tender ATCs; ensure readiness for Lumpsum GST pricing and policy inclusions (Mega Risk, Terrorism, add-ons).
• Documentation and eligibility specifics are to be confirmed in the formal ATC and tender documents.