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Hindustan Aeronautics Limited Renewal of Public Liability Insurance Koraput Odisha Public Liability Act 1991 2026

Bid Publish Date

31-Jan-2026, 10:59 am

Bid End Date

10-Feb-2026, 2:00 pm

Value

₹1,25,000

Progress

Issue31-Jan-2026, 10:59 am
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Organizational context: Hindustan Aeronautics Limited procurement of Public Liability Insurance renewal
  • Location specificity: Koraput, Odisha
  • Policy framework: Public Liability Act 1991 renewal
  • Variation clause: 25% adjustment to quantity or duration at issue and post-issuance
  • Sub-contract/assignment: Requires prior written consent; joint and several liability retained
  • Documentation rigor: mandatory certificate uploads as per Bid Document/ATC/Corrigendum
  • No BOQ items; focus on insurance renewal rather than goods/services with measurable quantities
  • Estimated value: ₹125,000.00

Tender Overview

Hindustan Aeronautics Limited in Koraput, Odisha invites bids for the renewal of Public Liability Insurance (PLI) under the Public Liability Act 1991. The estimated contract value is ₹125,000.00. The scope is insurance renewal for liability coverage; however, no technical specifications are published. The category falls under Custom Bid for Services - Renewal of Public Liability Insurance with potential adherence to statutory protections. A key differentiator is the contract’s flexible quantity/duration clause, allowing a 25% adjustment at bid issuance and post-issuance. The tender emphasizes compliance with buyer terms and certificate uploads. Unique aspects include no BOQ items and the requirement to follow standard insurance procurement practices in defense production sourcing.

Technical Specifications & Requirements

  • Product/Service: Renewal of Public Liability Insurance under Public Liability Act 1991 for HAL.
  • Estimated Value: ₹125,000.00; no BOQ items published.
  • Delivery/Term: Insurance coverage renewal to align with statutory liabilities; no explicit delivery timeline provided.
  • Standards/Certifications: Not specified in tender data; bidders should ensure compliance with applicable Public Liability Act requirements and standard insurance policy terms.
  • Experience/Capability: No explicit technical specs; bidders must demonstrate capacity to renew and manage liability insurance for defense production entities.
  • Notes: The tender references a potential 25% increase/decrease in contract quantity or duration at issue and post-issue, requiring bidder flexibility.

Terms, Conditions & Eligibility

  • EMD: Not specified in the data provided.
  • Certificate Uploads: Bidders must upload all certificates/documents sought in the Bid Document, ATC, and Corrigendum.
  • Assignment/Sub-contract: Prior written consent from HAL required for any assignment or subcontracting; joint and several liability remains with the bidder.
  • Generic Clauses: Tender may include standard terms (not fully disclosed) and bidder compliance with added terms, with potential 25% quantity/duration variation.
  • Payment/Delivery Terms: Not detailed in data; bidders should await purchase order terms post-award. All terms are subject to HAL’s approval.

Key Specifications

  • Insurance renewal for Public Liability under Public Liability Act 1991

  • Estimated contract value: ₹125,000.00

  • No BOQ quantity; scope limited to liability insurance renewal

  • Compliance with statutory liabilities and standard insurance terms

Terms & Conditions

  • Contract quantity/duration may vary up to 25% at contract issue and post-issuance

  • Bidder must upload all required certificates/documents with bid

  • Consent required for assignment or subcontracting; joint and several liability remains

Important Clauses

Payment Terms

Not specified in data; standard HAL payment terms to be clarified in contract award

Delivery Schedule

No explicit delivery schedule; renewal to be aligned with policy renewal cycle

Penalties/Liquidated Damages

Not disclosed; standard HAL penalties to be defined in PTA/PO terms

Bidder Eligibility

  • Experience in renewal of public liability insurance or similar coverage

  • Financial stability to support policy renewal commitments

  • Compliance with carrier licensing and statutory insurance regulations

Documents 13

GeM-Bidding-8911159.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

BOQ Document

BOQ

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates related to renewal of public liability or similar insurance

4

Financial statements or solvency proof

5

EMD/Security deposit (as applicable per HAL terms)

6

Technical bid documents showing policy coverage details

7

OEM authorizations or insurer accreditation documents (if required by HAL)

Frequently Asked Questions

Key insights about ODISHA tender market

How to bid for Koraput HAL Public Liability Insurance renewal 2026?

To bid for HAL's Public Liability Insurance renewal in Koraput, bidders must submit certificates per Bid Document/ATC, meet eligibility for liability insurance renewal, and provide financial solvency details. Ensure compliance with Public Liability Act 1991 and attach insurer accreditation documents as required. Review 25% variation clause before submission.

What documents are required for HAL insurance renewal tender in Odisha?

Required documents include GST registration, PAN, experience certificates in liability insurance renewals, financial statements, EMD (if applicable), technical bid showing policy terms, and insurer accreditation. Upload all certificates as per ATC/Corrigendum to avoid rejection.

What is the estimated value for HAL public liability insurance renewal?

The tender has an estimated contract value of ₹125,000.00. Bidders should tailor the renewal premium estimate to HAL’s liability exposure, ensuring coverage aligns with Public Liability Act 1991 requirements and HAL policy terms.

What standards or certifications are required for HAL insurance bids?

Bidders must demonstrate authority to provide liability insurance renewals under the Public Liability Act 1991 and provide insurer accreditation documents. Specific ISO or BIS certifications are not listed; ensure the insurer has valid registration and license to operate in India.

When is the price variation allowed for HAL contract renewal?

HAL allows a 25% adjustment to contract quantity or duration at the time of issue and post-issuance. Bidders should factor potential scope changes into premium calculations and PO negotiation strategies.

What are the submission and eligibility criteria for HAL procurement in Odisha?

Submit all required certificates via the Bid Document/ATC/Corrigendum, demonstrate prior liability insurance renewal experience, and provide financial statements. Ensure compliance with the Public Liability Act 1991 and obtain prior consent if assignment or subcontracting is contemplated.

What is the delivery/renewal timeline for HAL Public Liability Insurance?

The tender does not specify a delivery date; renewal must align with HAL’s renewal cycle and statutory liability requirements. Expect contract terms to define renewal start date, coverage period, and PO payment terms upon award.

How to verify HAL insurance renewal requirements in Odisha?

Consult HAL procurement notifications for Koraput; verify required certificates, insurer accreditation, and ATC/Corrigendum. Prepare policy terms, renewal dates, premium ranges, and ensure 25% variation readiness before bid submission.

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