HAL Insurance Coverage Policy Tender Bangalore Karnataka 2026-27 Insurance Services HAL Department of Defence Production
Progress
Quantity
1
Bid Type
Two Packet Bid
Categories
2
Tender Overview
Hindustan Aeronautics Limited (HAL), under the Department of Defence Production, invites bids for an Insurance Coverage Policy for a period of one year in Bengaluru, Karnataka. The service scope is insurance provisioning for HAL facilities and personnel from 11 May 2026 to 10 May 2027, with potential quantity/duration adjustments up to 25% at contract issue or issuance. The tender emphasizes MSE purchase preference for eligible bidders, requiring bidders to certify service provision capabilities and, if applicable, to upload documentary evidence supporting MSE status. The BOQ lists are empty, indicating a service-centric procurement with no predefined itemized quantities. The opportunity is framed within HAL’s defense-production context, seeking reliable risk coverage with formal contract terms.
- Organization: Hindustan Aeronautics Limited
- Location: Bengaluru, Karnataka
- Product/Service: Insurance coverage policy (one year)
- Estimated Value/EMD: Not specified; no BOQ items
- Important differentiator: MSE preference eligibility and contract flexibility up to 25%
- Unique aspect: Pure services procurement with no itemized BOM; emphasis on service capability and compliance
Technical Specifications & Requirements
- Service: Insurance coverage policy for HAL assets and personnel for one year (11 May 2026–10 May 2027)
- Policy scope: Not specified in detail; bidders must demonstrate service capability and risk management processes
- Standards/Compliance: Not specified; bidders should reference standard insurance practice and regulatory compliance as applicable to government defense production entities
- Delivery/Performance: Contract quantity or duration can be increased by up to 25% at contract issue; post-issue increments capped at 25%
- Documentation: Evidence of service capability; MSE documentary evidence if applying for preference
- Eligibility/Experience: Service provider status required; MSE eligibility considered for preference if compliant with policy
Terms, Conditions & Eligibility
- EMD: Not specified in data; ensure to verify at bid stage
- Purchase Preference: MSEs eligible; bidder must be the service provider and provide documentary evidence
- Delivery/Timeline: Insurance coverage valid for one-year window (11 May 2026–10 May 2027)
- Quantity/Duration Flexibility: Up to 25% increase post-contract issuance
- Payment Terms: Not detailed in data; bidders should expect government procurement norms
- Documents: Standard service bid documents; GST/PAN/experience certificates likely required
- Penalties/LD: Not specified; confirm in terms during bid finalization
Key Specifications
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Insurance coverage service for HAL assets and personnel
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One-year contract window: 11 May 2026 to 10 May 2027
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Contract quantity/duration may increase by up to 25% at contract issue
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MSE purchase preference eligibility with documentary evidence
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No BOQ items; service-oriented procurement
Terms & Conditions
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Contract duration adjustable up to 25% at issue
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MSE-based purchase preference with required documentation
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No specified EMD value; confirm during bid submission
Important Clauses
Payment Terms
Not specified in data; bidders should verify terms during bid submission and align with government procurement norms
Delivery Schedule
Insurance coverage to be effective for one-year period from 11 May 2026 to 10 May 2027; renewal/extension terms not detailed
Penalties/Liquidated Damages
No LD details provided; bidders should seek clarifications on penalties or performance bonds during procurement process
Bidder Eligibility
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Service provider of insurance coverage for defense-related entities
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Evidence of MSE status if claiming purchase preference
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Compliance with standard government procurement documentation
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Custom Bid for Services - INSURANCE COVERAGE POLICY FOR A PERIOD OF ONE YEAR FROM 11052026 TO 10052027
Authority Records
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Documents 9
GeM-Bidding-9253072.pdf
Main Document
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
Other Documents
OTHER
Payment Terms & Condition
PAYMENT
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Evidence of service capability for insurance coverage
Documentation supporting MSE eligibility (if claiming preference)
Experience certificates related to insurance services
Financial statements or turnover proof
Any OEM or insurer authorizations (if applicable)
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 30-04-2026 15:52:31 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Custom Bid for Services - INSURANCE COVERAGE POLICY FOR A PERIOD OF ONE YEAR FROM 11052026 TO 10052 |
Frequently Asked Questions
Key insights about KARNATAKA tender market
How to bid for HAL insurance coverage tender in Bengaluru 2026
To bid for HAL's Bengaluru insurance coverage, submit service capability documentation, GST and PAN, and experience certificates. If claiming MSE preference, provide documentary evidence. The contract window is 11 May 2026 to 10 May 2027, with potential 25% scope adjustments at issue.
What documents are required for HAL insurance services in Bangalore
Required documents include GST registration, PAN card, experience certificates in insurance provision, financial statements, and evidence of MSE eligibility if claiming preference. Also include any insurer authorizations or certifications relevant to defense-sector insurance services.
What are the delivery timelines for HAL insurance coverage
The insurance coverage must be active for a one-year period from 11 May 2026 to 10 May 2027. No interim delivery milestones are specified; bidders should plan for continuous service during the contract window and address renewal terms in bid response.
What standards or compliance are required for HAL insurance bid
The tender does not specify exact standards; bidders should align with standard insurance industry practices and any applicable government regulatory requirements for defense-sector coverage, plus documentation proving service capability and policy adherence.
How is contract quantity flexibility handled in HAL bid
The buyer may increase contract quantity or duration by up to 25% at contract issue, and once issued, the same 25% ceiling applies. Bidders must accept revised quantity/duration if awarded from this option.
What is the HAL MSE purchase preference criteria for this tender
MSE preference applies if the bidder is the service provider and provides documentary evidence as per policy. If L-1 is non-MSE and MSE quotes within L-1+15% margin, MSE may win up to 25% of total value.
Which organization is issuing the insurance services tender in Bangalore
The tender is issued by Hindustan Aeronautics Limited (HAL), under the Department of Defence Production, for a one-year insurance coverage contract located in Bengaluru, Karnataka.
What are the key eligibility criteria for HAL insurance bid
Key criteria include proof of service capability in insurance, GST and PAN, relevant experience certificates, and financial documents. If claiming MSE preference, provide documentary evidence as defined by the MSE policy and ensure service provider status.
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Documents 9
GeM-Bidding-9253072.pdf
Main Document
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
Other Documents
OTHER
Payment Terms & Condition
PAYMENT
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS