Assets Insurance Service - Terrorism Insurance, All Risk Policy, Money Insurance, Fire Insurance; P
National Institute Of Technology (nit)
TIRUCHIRAPPALLI, TAMIL NADU
Posted:
2 February 2026
Closed:
23 February 2026
GEM
GEM
Regional Rural Banks Terrorism Insurance, All Risk, Fire Insurance Tender Rohtak Haryana 2026
Progress
Issue23-Jun-2026, 7:23 pm
AwardPending
Quantity
1
Bid Type
Two Packet Bid
Categories
1
Tender Overview
Regional Rural Banks (RRB) under the Department of Financial Services invites bid for assets insurance services in Rohtak, Haryana. The scope encompasses Terrorism Insurance, All Risk Policy, Fire Insurance; Property Damage Cover; STFI Cover; Earthquake Cover, plus Storm/Typhoon/Hurricane/Tornado and Flood. Estimated contract value is ₹2,500,000. EMD details are not disclosed. No BOQ items are listed. The 25% option clause allows a pre-issuance quantity/duration adjustment; post-issue adjustments capped at 25%. This is a comprehensive government procurement for asset protection insurance.
Technical Specifications & Requirements
- Insurance types: Terrorism Insurance, All Risk Policy, Fire Insurance, Property Damage Cover, STFI Cover, Earthquake Cover, Storm/Typhoon/Hurricane/Tornado, Flood and Inundation Cover.
- Estimated value: ₹2,500,000.
- EMD: Not disclosed in the tender details.
- Contract flexibility: Option clause allows up to 25% increase in quantity or duration pre-issuance; post-issuance, increases capped at 25% with provider consent.
- BOQ items: Not available; no itemized quantities provided.
- Standards/Regulations: Not specified; no vendor technical specs listed.
- Delivery/Implementation: Not defined; this is a policy-cover procurement rather than a physical delivery project.
Terms, Conditions & Eligibility
- EMD: Amount not disclosed in the tender; bidders should verify on submission.
- Experience: No explicit years-of-experience listed in the data; bidders must demonstrate capable insurance provisioning for government assets.
- Delivery/Timeline: No delivery schedule specified; procurement relates to policy purchase/issuance rather than delivery of goods.
- Payment Terms: Not detailed in the provided data; typical insurance contracts may involve annual premium payments.
- Documentation: Standard tender submissions expected (GST, PAN, company credentials, previous policy experience) though not explicitly enumerated here.
- Clause: 25% contract quantity/duration adjustment allowed pre-issuance; 25% post-issuance with bidder consent.
Key Specifications
-
Insurance coverage categories: Terrorism Insurance, All Risk Policy, Fire Insurance; Property Damage Cover; STFI; Earthquake; Storm/Typhoon/Hurricane/Tornado; Flood and Inundation.
-
Estimated contract value: ₹2,500,000.
-
EMD amount: Not disclosed in the provided tender data.
-
Contract flexibility: 25% quantity/duration adjustment permissible before contract issue; post-issue adjustment also up to 25%.
-
BOQ: Not available; no itemized quantities or schedules provided.
Terms & Conditions
-
EMD amount not disclosed and must be confirmed at bid submission.
-
25% quantity/duration adjustment allowed under ATC, pre-issuance and post-issuance with consent.
-
No BOQ items or explicit technical standards; scope is multi-risk insurance for assets.
Important Clauses
Payment Terms
Payment terms are not explicitly stated; bidders should seek ATC clarification for premium payment schedules and renewal terms.
Delivery Schedule
This tender pertains to insurance coverage; no physical delivery timeline. The policy issuance period and renewal terms require confirmation.
Penalties/Liquidated Damages
No LDs specified in the available data; verify ATC for penalty provisions or performance guarantees related to policy issuance.
Bidder Eligibility
-
Experience in providing government or public-sector asset insurance (multi-risk cover) to similar portfolios.
-
Demonstrated capacity to underwrite terrorism, fire, and natural disaster risk covers.
-
Ability to meet standard statutory requirements (GST, PAN, financial stability).
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Assets Insurance Service - Terrorism Insurance, All Risk Policy, Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Th..
Authority Records
MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT
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Documents 5
GeM-Bidding-9511369.pdf
Main Document
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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Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Company/firm registration documents
4
Experience certificates in asset insurance provisioning
5
Financial statements or turn-over evidence
6
EMD submission proof (if applicable as per final ATC)
7
Technical/commercial bid documents
8
OEM authorizations or insurance carrier credentials
9
Any prior policy issuance demonstrations relevant to government assets
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid for Rohtak insurance tender in 2026 for RRB assets?
Bidders should confirm ATC specifics, submit GST and PAN, provide experience certificates for multi-risk insurance, and supply financial statements. The tender outlines a ₹2,500,000 estimated value and a 25% quantity/duration adjustment clause; ensure compliance with IS/standards if specified and attach OEM authorizations where applicable.
What documents are required for Rohtak insurance bid submission?
Required documents include GST certificate, PAN card, company registration, experience certificates in asset insurance, financial statements, EMD proof (if applicable), technical/commercial bid, and OEM authorizations. Ensure policies cover Terrorism, Fire, STFI, Earthquake, and Flood per tender scope.
What are the technical specifications for insurance coverage in this tender?
The tender enumerates policy categories: Terrorism Insurance, All Risk Policy, Fire Insurance, Property Damage Cover, STFI, Earthquake, and Flood/Inundation. No itemized technical specs or standards are listed; bidders should confirm policy wordings, sums insured, and renewal terms in ATC and broker credentials.
When is the Rohtak insurance tender submission deadline?
Submission deadline details are not provided in the data. Bidders should monitor the portal for final dates and ATC updates. Ensure readiness of premium quotes, policy wordings, and compliance documents ahead of the stated submission window.
What are the EMD requirements for Rohtak insurance procurement?
EMD amount is not disclosed in the tender data. Bidder should check the ATC for EMD or security deposit requirements and prepare bank guarantees or online payment proofs accordingly to avoid disqualification.
What is the scope of 25% adjustment clause in this tender?
The contract permits up to 25% increase in quantity or duration before award; after contract issuance, the same limit applies with bidder consent. This applies to lumpsum service-like insurance scopes and requires written agreement to modify scope.
Which organization is issuing the Rohtak insurance bid 2026 and in which location?
The tender is issued by Regional Rural Banks (RRB) under the Department of Financial Services for assets insurance in Rohtak, Haryana. The scope includes multiple risk covers; bidders must verify ATC for policy terms and renewal requirements.
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Documents 5
GeM-Bidding-9511369.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS