Assets Insurance Service - contractor plant and machinery; Storm, Typhoon, Hurricane, Tornado, Floo
Airports Authority Of India
SURAT, GUJARAT
Posted:
10 December 2025
Closed:
31 December 2025
GEM
GEM
Bharat Heavy Electricals Limited Assets Insurance EAR Tender in India 2026 with STFI Terrorism Cover and 765kV Reactor RT-10AT Scope
Bid Publish Date
21-Jan-2026, 5:36 pm
Bid End Date
02-Feb-2026, 4:00 pm
Location
Progress
Issue21-Jan-2026, 5:36 pm
AwardPending
Quantity
1
Bid Type
Two Packet Bid
Key Highlights
- • Specialty coverage required: EAR for erection risk plus Property Damage, SFSP, STFI, Terrorism
- • 25% quantity/duration adjustment permitted at contract issue and post‑issuance
- • ATC document released by buyer; bidders must review and comply
- • No explicit EMD amount disclosed in data; bidders should verify in ATC
- • High‑voltage infrastructure context: 765kV Reactor RT-10AT package scope
- • Geography: India; organization: BHEL under Department of Heavy Industry
- • No BOQ given; tender targets insurance service rather than supply of equipment
- • Focus on risk transfer for large energy infrastructure project
Tender Overview
Organizaton: Bharat Heavy Electricals Limited (BHEL) under the Department of Heavy Industry seeks an Assets Insurance Service for EAR (Erection All Risk) and multiple risk covers. Scope includes 6x80 MVAR 765kV Reactor Package RT-10AT under the project, with covers for Property Damage, Standard Fire & Special Perils, STFI (Storm, Typhoon, Flood, Inundation), and Terrorism. The intent is to secure comprehensive insurances for asset installation and associated risks at the project site. The tender includes a potential quantity/duration adjustment up to 25% at contract issue and thereafter during implementation. This is a specialized risk-transfer procurement in the energy infrastructure sector.
Technical Specifications & Requirements
- Product/Service: Assets Insurance Service – EAR and allied covers (Property Damage, Fire & Perils, STFI, Terrorism) for a 765kV Reactor Package RT-10AT installation.
- Coverage types: EAR, Property Damage, Standard Fire & Special Perils (SFSP), STFI, Terrorism.
- Project context: High‑voltage reactor package installation scope; multi-risk insurances aligned with heavy electrical infrastructure.
- Key terms: No explicit technical specs disclosed; ATC file available; 25% quantity/duration adjustment clause.
- Location cues: Tender appears under energy/Heavy Industry framework in India; specific site not disclosed in data.
Terms, Conditions & Eligibility
- EMD: Amount not disclosed in provided data.
- Delivery/Duration: Quantity/duration flexibility up to 25% at contract issue; post‑issue increase limit also 25%.
- Documents: Submit standard bid package incl. GST certificate, PAN, experience certificates, financial statements, EMD, OEM authorizations, and technical compliance certificates as applicable to insurance procurement.
- ATC: Buyer‑uploaded ATC document available for bidders to view and comply with.
Key Specifications
-
Insurance service type: EAR (Erection All Risk) with ancillary covers
-
Coverages: Property Damage, SFSP, STFI, Terrorism
-
Project focus: 765kV Reactor Package RT-10AT for 6X80 MVAR
-
Tender flexibility: up to 25% quantity/duration adjustment
-
ATC: Buyer uploaded document for bidder compliance
-
No explicit technical performance metrics provided in data
Terms & Conditions
-
EMD amount not disclosed in provided data; verify via ATC
-
Contract quantity/duration may adjust up to 25% at issue
-
ATC document governs bidder compliance and conditions
-
Insurance service scope covers EAR + multiple risk policies
Important Clauses
Payment Terms
Not specified in available data; refer to ATC for modality and schedule
Delivery Schedule
Not specified; insurance coverage effectiveness aligned with project milestones per ATC
Penalties/Liquidated Damages
Not specified; check ATC for LD/penalty terms associated with insurance defaults
Bidder Eligibility
-
Experience in providing assets insurance (EAR) for large-scale energy/infrastructure projects
-
Financial credibility to underwrite multi-policy risk cover
-
Authorizations for underwriter/insurer engagement per ATC
Documents 6
GeM-Bidding-8868199.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
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Historical Data
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates of similar insurance/EAR projects
4
Financial statements for last 3 years
5
EMD/Security deposit as per ATC
6
Technical bid documents demonstrating insurance coverage capabilities
7
OEM authorizations or underwriter certifications (if required by ATC)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for assets insurance EAR tender in Bidar 2026
Bidders should submit GST, PAN, experience certificates, financials, and EMD as per ATC. Ensure EAR, SFSP, STFI, and Terrorism coverage compliance, plus OEM authorizations if required. Review the ATC for documentation sequence, submission portal, and bid validity period before uploading the technical bid.
What documents are required for BHEL EAR insurance tender 2026
Required documents include GST certificate, PAN, last 3 years financial statements, experience certificates for similar projects, EMD proof, and technical bid demonstrating insurance capacity for EAR and allied covers. OEM authorizations or underwriter credentials may be demanded by the ATC.
What are the technical insurance specifications for 765kV RT-10AT project
The tender requires EAR coverage plus Property Damage, SFSP, STFI, and Terrorism. While explicit unit specs are not given, ensure alignment with high‑voltage infrastructure risk profiles and comply with ATC terms for coverage limits and policy wordings.
When is the bid submission deadline for this insurance tender
The ATC will specify the bid submission deadline; bidders must check the uploaded ATC document for exact dates, portal access, and bid validity period to avoid disqualification.
What are the payment terms for BHEL insurance procurement
Payment terms are not detailed in the data; refer to ATC for settlement timelines, premium payment schedules, and any performance-based payment conditions tied to project milestones.
What is the EMD amount for this EAR insurance tender in Bidar
The EMD amount is not disclosed here; confirm exact value and mode (DD/online) in the ATC and accompany with bid submission as required.
Which covers are mandatory for the BHEL EAR bid 2026
Mandatory covers include EAR, Property Damage, SFSP, STFI (Storm/Typhoon/Hurricane/Tornado/Flood), and Terrorism. Ensure policy wordings meet the ATC guidance and provide supplier credentials accordingly.
What are the eligibility criteria for bidders under this tender
Eligible bidders must demonstrate prior EAR insurance experience for infrastructure projects, provide financial statements, GST/PAN, and may require OEM/underwriter authorizations as per ATC. Compliance with all ATC terms is essential for bidder acceptance.
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Documents 6
GeM-Bidding-8868199.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