BHEL EAR Insurance Tender Bharat Heavy Electricals Limited - 765/400kV Transformer TR-12T Coverage 2026

Tender Overview

Bharat Heavy Electricals Limited (BHEL), under the Department Of Heavy Industry, seeks an Erection All Risk (EAR) insurance and allied coverages for the 765/400kV Transformer Package TR-12T. The scope includes Property Damage Cover, Standard Fire & Special Perils Cover, STFI (Storm, Typhoon, Hurricane, Tornado, Flood and Inundation) Cover and Terrorism risk protection. The tender references an ATC document and a flexible quantity/duration clause up to 25% adjustment at contract issue. No BOQ quantity is published yet, and no start/end dates are specified. The estimated value and EMD are not disclosed. This tender targets insurers capable of multi-risk, high-value asset insurance with regional procurement alignment.

Technical Specifications & Requirements

• Product/Service: EAR insurance plus Property Damage, Fire & Special Perils, STFI and Terrorism coverage for a 765/400kV transformer project (TR-12T).
• Contract scope: Insurance package covering erection phase risks; possibly extended property and peril coverage as per project requirements.
• Standards/Compliance: Not explicitly listed in data; bidders should align with typical industry risk packages and tender ATC terms.
• Key features: High-value asset protection; multi-risk coverage; event-based peril clauses; potential integration with project risk management.
• Delivery/Timeline: Delivery terms not provided; ATC documents may specify policy issuance timelines and renewal terms.
• Experience/Capability: Insurers must demonstrate capability for large-scale, high-voltage transformer asset insurance and EAR-specific clauses.

Terms, Conditions & Eligibility

• EMD: Not specified in data; bidders should review ATC for deposit requirements.
• Quantity/Dasis: Quantity/duration adjustment allowed up to 25% pre- and post-issuance.
• Delivery/Policy Issuance: Conditions not detailed; ATC likely defines policy start, validity, and renewal terms.
• Documents: ATC document required; bidders should prepare standard insurance bid pack including corporate credentials and policy templates.
• Warranty/Penalties: Not defined; refer to ATC for penalties or liquidated damages clauses.
• Eligibility: Insurers with experience in high-value transformer/ear erection risk coverage preferred; ensure compliance with tender ATC.