Joint Venture Cil Ntpc Iocl Fcil Hfcl Marine Insurance Tender East Delhi 2026 - MARINE TURNOVER POLICY ISO/STOP
Progress
Key Highlights
- • Explicit 50% quantity or duration upgrade/downgrade right at contract issue and up to 50% after issue
- • Dedicated toll-free service support line and formal escalation matrix required
- • PQC governed by Buyer Added ATC; compliance essential for techno-commercial qualification
- • Marine and transit insurance encompassing land, sea, and air under STOP umbrella
- • No BOQ items published; no disclosed EMD or estimated value in data provided
- • ATC document link referenced; bidders must review and comply with PQC specifics
Tender Overview
The opportunity is a marine and transit insurance service tender managed by a joint venture of CIL, NTPC, IOCL, FCIL & HFCL under the Department of Fertilizers, located in East Delhi, Delhi. The category focuses on Marine Sales Turnover Policy (STOP); Land, Sea, Air coverage. No itemized BOQ is published and the estimated value and EMD are not disclosed. A notable clause allows a 50% adjustment in contract quantity or duration at contract issuance, with service support and escalation contacts mandated. The PQC framework is embedded in the buyer’s ATC, and bidders must satisfy these criteria to qualify for technical evaluation. The tender emphasizes the need for clear PQC evidence and a robust techno-commercial bid process, with emphasis on compliance and pre-qualification verification.
Technical Specifications & Requirements
- Category: Marine insurance and transit coverage for multi-modal logistics associated with fertilizer sector.
- Scope hints at STOP (Turnover Policy) coverage including land, sea, and air components under a single procurement envelope.
- No explicit technical specs or coverage limits are published; bidders should rely on standard marine and transit policy offerings and respond with capabilities for multi-modal risk transfer, cargo value limits, and asset tracking.
- PQC prerequisites govern eligibility; bidders must submit documentary evidence proving capability to meet the specified PQC as part of the Technical Bid. The ATC document referenced by the buyer must be reviewed for complete conditions.
Terms, Conditions & Eligibility
- 50% quantity/duration flex for the contract at issue, with potential extension up to 50% for lumpsum scope.
- Requirement for a dedicated toll-free service support number and a documented escalation matrix.
- PQC as per Buyer Added ATC; only bidders meeting PQC will be tech-qualified; non-qualifying bids will be rejected.
- EMD/Financials: Exact amount not disclosed; bidders must await further notification and provide standard bid security if required. Ensure submission of GST, PAN, and relevant experience certificates as part of typical tender documents.
Key Specifications
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Product/Service: Marine and transit insurance coverage for fertilizer sector logistics
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Estimated value: Not disclosed in tender data
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EMD: Not disclosed in tender data
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Standards/Certifications: Not specified; bidders should reference standard marine insurance practices
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Delivery/Implementation: Not specified; respond with coverage implementation timelines
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Experience: Demonstrated capability in multi-modal marine insurance and PQC documentation
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OEM/Brand: Not specified
Terms & Conditions
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PQC must be satisfied via Buyer Added ATC; technical qualification contingent on PQC compliance
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50% scope/quantity adjustment rights at contract issue with potential 50% after issue
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Dedicated service support line and escalation matrix required
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EMD and estimated value not disclosed; standard bid security may apply
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Review and comply with ATC document for complete terms
Important Clauses
Payment Terms
No explicit payment terms disclosed; bidders should anticipate standard government tender terms and await ATC specifics
Delivery Schedule
Delivery or coverage implementation timelines are not specified; bidders must propose multi-modal insurance deployment plans within PQC framework
Penalties/Liquidated Damages
Not specified; check ATC for LD or penalties related to service disruption or non-compliance
Bidder Eligibility
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Demonstrated experience in marine and transit insurance for multi-modal logistics
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Compliance with PQC as per Buyer Added ATC
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Financial capacity evidenced by audited statements or equivalent
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Marine and Transit Insurance Service - MARINE SALES TURNOVER POLICY (STOP); Land, Sea, Air
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
10-09-2026 12:00:00
Pre-Bid Venue
A Pre-Bid Meeting will be organized through Video Conferencing (VC) on 10- 09-2026 at 12:00 PM to 12:30 PM Interested agencies/bidders who wish to participate in the Pre-Bid Meeting may submit their queries/clarifications by email to [email protected] latest by 09-09-2026 up to 04:00 PM. The Pre-Bid Meeting will be conducted through the following VC link: Interested bidders are requested to submit their queries within the stipulated timeline so that the same may be suitably addressed during the Pre-Bid Meeting. VC Link Join: https://teams.microsoft.com/meet/480494807384727? p=pX7cc8T4U1th4mu02B
Delivery Details
Delivery Locations
1
Delivery Cities
East
Delivery Pincodes
110092
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Dr. Ramendra Singh | 110092,Core-3-4, 9th Floor, Scope Minar, Laxmi Nagar | East | Delhi | 110092 | Project / Lumpsum Based | - | Total Sum Insured : 80000000000 |
Authority Records
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Documents 7
GeM-Bidding-9831366.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
2 Updates Update
Update
Extended Deadline
17-Sep-2026, 9:30 am
Opening Date
18-Sep-2026, 9:30 am
Categories
2
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for marine and transit insurance tenders
Financial statements demonstrating financial stability (audited, if available)
Technical bid documents and compliance certificates
OEM authorizations or capacity declarations if applicable
EMD submission proof if required by final terms
Proof of service support capabilities and escalation contacts
Frequently Asked Questions
Key insights about DELHI tender market
How to bid in the marine insurance tender in East Delhi 2026?
Bidders must satisfy PQC per the Buyer Added ATC, submit PT/technical bid with experience in multi-modal insurance, provide GST and PAN, and include service support contact details. The 50% quantity/duration adjustment clause applies; anticipate standard EMD if required and verify with the ATC document before submission.
What documents are required for East Delhi marine insurance tender submission?
Required documents typically include GST certificate, PAN, financial statements, experience certificates for marine insurance, technical bid, OEM authorizations if applicable, and proof of dedicated service support capabilities. Ensure PQC evidence is attached as per ATC. EMD details will be clarified in the final terms.
What are the eligibility criteria for the IAEA joint venture insurance bid in Delhi?
Eligibility hinges on PQC compliance per the ATC, demonstrated multi-modal insurance experience, and financial stability. Bidders must provide evidence of prior marine/ transit insurance engagements, and a robust escalation/contact matrix for service support is required.
What standards or certifications are required for the tender in Delhi?
No explicit standards are listed in the provided data; bidders should align with typical marine insurance practices and await the ATC for any specific certifications or endorsements required by the buyer.
When is the bidding window and when will EMD be required for Delhi tender?
Exact dates and EMD requirements are not disclosed here; bidders should monitor the official tender portal for ATC release, PQC confirmation, and EMD instructions, then submit within the stipulated bid submission window.
How to ensure service support readiness for the East Delhi tender?
Prepare a dedicated toll-free support line and a formal escalation matrix with contact numbers. Include SLAs for response times, issue resolution, and ability to provide 24/7 support if required by the ATC.
What is the scope of the turnover policy (STOP) in this marine insurance tender?
The STOP scope indicates coverage across land, sea, and air modalities for fertilizer logistics. Respond with capabilities to cover multi-modal cargo values, risk transfer, and claims handling aligned to fertilizer sector requirements.
What are the consequences of not meeting PQC requirements in this tender?
Bids failing PQC are rejected outright; such bids will have their price bids unopened. Ensure all PQC documentary evidence is included with the technical bid as specified in the ATC.