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Nuclear Power Corporation Of India Limited Insurance Tender for Standard Fire & Special Perils Policy 2026-27

Bid Publish Date

24-Jun-2026, 10:26 am

Bid End Date

11-Jul-2026, 11:00 am

EMD

₹75,018

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Progress

Issue24-Jun-2026, 10:26 am
Corrigendum04-Jul-2026
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Specific insurance category: Standard Fire and Special Perils Insurance for inventory
  • EMD amount: ₹75,018; payment terms linked to dispatch and Annexure‑F documentation
  • Delivery instructions governed by Annexure‑D; Annexure‑F and E-invoicing required for payment
  • 25% contract quantity/duration variation permitted post award under option clause
  • MSE purchase preference applied if bidder qualifies as manufacturer/service provider; price matching within L1+15%
  • Submission requires multiple certificates and compliance documents as per Buyer Added ATC
  • No BOQ items; contract is service-based (insurance procurement) with specified time window

Categories 1

Tender Overview

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.

Key Specifications

  • 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

Terms & Conditions

  • 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

Important Clauses

Payment Terms

Seller must submit Original Invoice, Annexure‑F, bank details, and E-invoice; payment released in a time-bound manner after dispatch

Delivery Schedule

Delivery instructions governed by Annexure‑D; compliance required with document submission during evaluation

Penalties/Liquidated Damages

Not explicitly detailed in provided data; standard procurement penalties may apply per ATC

Bidder Eligibility

  • 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

Additional Tender Data

Commercial Details

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..

Authority Records

DEPARTMENT OF ATOMIC ENERGY

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Documents 6

GeM-Bidding-9488611.pdf

Main Document

BOQ Document

BOQ

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 for insurance services (12+ months coverage preferred)

4

Financial statements or turnover details as proof of capacity

5

EMD payment receipt or online transfer confirmation

6

Technical bid documents demonstrating insurance policy capabilities

7

OEM/insurer authorization or agency consent (if applicable)

8

Annexure-F and Annexure-D references (as required in ATC)

9

Bank details for payment and E-invoicing readiness

10

Test certificates if applicable

Corrigendum Updates

1 Update
#1

Update

04-Jul-2026

Extended Deadline

11-Jul-2026, 11:00 am

Opening Date

11-Jul-2026, 11:30 am

Frequently Asked Questions

Key insights about KARNATAKA tender market

How to bid for NPCIL insurance tender 2026 in India?

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.

What documents are required for the NPCIL standard fire insurance bid 2026?

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.

What are the essential technical specifications for insurance coverage?

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.

What is the EMD amount for NPCIL insurance bid 2026?

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.

When does the insurance coverage period start and end for NPCIL tender?

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.

What is the bidder eligibility for MSE purchase preference in this tender?

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.

What are the delivery and payment document requirements for NPCIL insurance bid?

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.

What happens if quantity or duration needs adjustment post award?

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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