Container Corporation Of India Limited Comprehensive Insurance Coverage for Tilter Trailers Tender 2025 Railways PSU

Tender Overview

• Organization: Container Corporation Of India Limited (CICL), a Railways Public Sector Undertaking.
• Service: Comprehensive Insurance Coverage for tilter trailers.
• Estimated Value: ₹745,550.00.
• Location: Not specified in available data; procurement scope appears national.
• Context: Tender seeks insured risk coverage for tilter trailers; no BOQ items or explicit scope details provided.
• Key differentiator: Insurance procurement through a government-owned logistics entity; emphasis on coverage for rolling equipment.
• Unique aspects: No technical specifications disclosed in the excerpt; refer to tender document for ATC clauses.

Technical Specifications & Requirements

• No technical specifications available in the provided data.
• From the title, scope encompasses insurance coverage for tilter trailers; bidders should anticipate standard motor/vehicle cargo/operational risk coverage terms.
• Potential requirements to expect: insured value alignment with fleet, third-party liability, theft, fire, transit risks, and validity across contract term.
• Since BOQ items are zero, prepare to submit a broad insurance policy proposal meeting statutory norms and CICL risk thresholds.
• Review any OEM or entity-specific clauses in the tender document’s ATC terms.

Terms, Conditions & Eligibility

• EMD: Not disclosed in the provided data; verify in tender document.
• Experience: Not specified here; bidders should confirm prior insurance service contracts with logistics/PSU entities.
• Delivery/Validity: Insurance policy term and renewal cadence to be clarified in ATC.
• Payment terms: To be defined in contract; confirm premium payment schedule and settlement terms.
• Documents: GST certificate, PAN, financial statements, prior insurance compliance, and OEM/underwriter authorizations are typical inclusions to verify.
• Warranties/Liability: Confirm coverage limits, deductibles, and claim settlement timelines.
• Penalties: Check for performance or timely policy issuance clauses and penalties if breached.