Assets Insurance Service - Standard -Fire and Special perils Insurance Policy for inventory stored
Nuclear Power Corporation Of India Limited
UTTARA KANNADA, KARNATAKA
Bid Publish Date
24-Jun-2026, 10:26 am
Bid End Date
11-Jul-2026, 11:00 am
EMD
₹75,018
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
Nuclear Power Corporation Of India Limited (Department Of Atomic Energy) seeks Standard Fire and Special Perils Insurance for inventory stored in stores, for a 12‑month period from 15 August 2026 to 14 August 2027. Location not specified. Estimated contract value is not disclosed; EMD is ₹75,018. This insurance covers standard fire and special perils as per tender documents. The procurement is structured as a services contract in the insurance category, with an optional quantity/duration adjustment up to 25% and MSE purchase preference provisions. The tender emphasizes compliance with submission of certificates and timely payment documents, with annexures referenced in the Buyer Uploaded ATC. Unique aspects include Annexure‑D delivery instructions and strict bid‑submission timelines.
Insurance type: Standard Fire and Special Perils for inventory in stores
Coverage period: 12 months (Aug 15, 2026 – Aug 14, 2027)
EMD: ₹75,018; non‑submission leads to bid rejection
Delivery instructions: Annexure‑D; payment following dispatch with Annexure‑F
Option clause: 25% increase in quantity/duration post-award with consent
MSE preference: applicable per Public Procurement Policy; manufacturer/service provider criteria
EMD amount and payment documentation alignment with dispatch
Delivery instructions per Annexure‑D and Annexure‑F for payment
25% variation limit on quantity/duration; MSE preference rules apply
Seller must submit Original Invoice, Annexure‑F, bank details, and E-invoice; payment released in a time-bound manner after dispatch
Delivery instructions governed by Annexure‑D; compliance required with document submission during evaluation
Not explicitly detailed in provided data; standard procurement penalties may apply per ATC
Bidder must be eligible for insurance services and provide proof of capability
MSE preference possible if criteria met and price within L1+15%
Submission of all certificates and compliance documents as per ATC
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Assets Insurance Service - Standard Fire and Special perils Insurance Policy for inventory stored in stores for the period of 12months from 00:00 hrs of 15th August 2026 to 24:00 hrs of 14th August 2027; Special perils as per tender document; Optiona..
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Main Document
BOQ
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Nuclear Power Corporation Of India Limited
UTTARA KANNADA, KARNATAKA
Central Warehousing Corporation (cwc)
SOUTH DELHI, DELHI
N/A
CENTRAL DELHI, DELHI
Central Warehousing Corporation (cwc)
SOUTH DELHI, DELHI
Nuclear Power Corporation Of India Limited
SURAT, GUJARAT
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for insurance services (12+ months coverage preferred)
Financial statements or turnover details as proof of capacity
EMD payment receipt or online transfer confirmation
Technical bid documents demonstrating insurance policy capabilities
OEM/insurer authorization or agency consent (if applicable)
Annexure-F and Annexure-D references (as required in ATC)
Bank details for payment and E-invoicing readiness
Test certificates if applicable
Extended Deadline
11-Jul-2026, 11:00 am
Opening Date
11-Jul-2026, 11:30 am
Key insights about KARNATAKA tender market
Bidders must submit GST, PAN, turnover/financials, experience certificates for insurance services, EMD of ₹75,018, and technical bid with Annexure‑F, Annexure‑D references, and bank details. Ensure compliance with ATC clauses, 25% variation option, and MSE preference rules.
Required documents include GST certificate, PAN card, experience certificates in insurance services, financial statements, EMD receipt, Original Invoice readiness, Annexure‑F, Annexure‑D references, and insurer authorization if applicable. Ensure e-invoicing readiness and bank details.
Coverage is for Standard Fire and Special Perils on inventory stored in stores for 12 months (Aug 2026–Aug 2027). Pay attention to Annexure‑D delivery instructions, and ensure compliance with tender documentation and certificates; no explicit IS/ISO standards listed in data.
The EMD is ₹75,018. Submit payment as per bid guidelines; non‑submission leads to rejection. Include EMD proof with bid submission and ensure alignment with payment terms linked to dispatch and Annexure‑F.
Coverage runs for 12 months from 00:00 hrs of 15 August 2026 to 24:00 hrs of 14 August 2027. Ensure policy dates align with contract issuance and delivery instructions per Annexure‑D; bid validity should cover the period.
MSE preference applies if the bidder is a manufacturer or service provider of the offered insurance. Documentary evidence must be uploaded; if L1+15% price is met, MSE sellers may match and secure the contract for the total value.
Submit Original Invoice clearly marked for Bill to/Paying Authority, Annexure‑F, seller bank details, and E‑invoice if applicable. Payment is contingent on dispatch with timely submission; delays may lead to rejection. Annexure‑D dictates delivery instructions.
Option clause permits up to 25% increase in contract quantity or duration at issue, and post‑award expansion up to 25% with service provider consent. Ensure written agreement on revised scope and adjust price accordingly.
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Main Document
BOQ
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS