Bid Publish Date
13-Jul-2026, 1:21 pm
Bid End Date
24-Jul-2026, 2:00 pm
Value
₹1,41,600
Progress
Quantity
1
Bid Type
Two Packet Bid
Organization: Gliders India Limited, under the Department Of Defence Production. Procurement: Director & Officer Liability Insurance coverage from an IRDA registered insurer. Estimated value: ₹141,600.00. Location: not specified; submission via GeM with ATC adherence. Scope: insurance policy including defense-sector directors and officers. Key differentiator: explicit requirement to upload the signed, stamped scope of work on every page; alignment with GIL tender conditions prevails over GeM terms. Unique process: compliance with attachment-based scope-of-work for liability coverage.
Key EMD/financial terms depend on GeM ATC; exact amount not specified
Delivery/issuance terms governed by IRDA policy requirements and ATC
Tender conditions prevail in case of any conflict with GeM terms
Payment terms to be defined in ATC and IRDA-compliant policy schedule; follow GeM ATC provisions unless overridden by GIL conditions
Policy issuance timeline to be specified in the final insurance contract and ATC; no fixed date provided in available data
Not specified in available data; penalties, if any, to be detailed in ATC and policy terms
IRDA-registered insurer requirement to provide D&O coverage
Experience in director & officer liability insurance for institutions
Compliance with GeM ATC and GIL tender conditions; signed scope of work on all pages
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Liability Insurance Service - Director and Officer liability coverage
Payment Timelines
Payments shall be made to the Seller within 45 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)
Delivery Locations
1
Delivery Cities
KANPUR CITY
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| - | KANPUR CITY | KANPUR CITY | - | - | Project / Lumpsum Based | - | Total Sum Insured : 100000000 |
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Main Document
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
Hindustan Steelworks Construction Limited
NORTH 24 PARGANAS, WEST BENGAL
Export Credit Guarantee Corporation Of India Limited (ecgc)
MUMBAI, MAHARASHTRA
Small Industries Development Bank Of India (sidbi)
LUCKNOW, UTTAR PRADESH
Small Industries Development Bank Of India (sidbi)
LUCKNOW, UTTAR PRADESH
National Bank For Agriculture And Ruraldevelopment
MUMBAI, MAHARASHTRA
Tender Results
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GST registration certificate
PAN card
Experience certificates in D&O insurance or similar liability coverage
Financial statements or solvency proof
EMD submission (if applicable per GeM ATC)
Technical bid documents showing insurer credentials
OEM authorizations or IRDA registration proof
Signed and stamped scope of work for Director & Officers Liability Insurance (each page)
Bidders must be IRDA-registered insurers, submit signed and stamped scope of work on every page, comply with the GIL ATC, and provide D&O coverage terms. Include GST, PAN, experience certificates, financial statements, and any OEM authorizations. Ensure alignment with the attached scope of work.
Submit GST registration, PAN, insurer experience certificates in D&O, financial statements, IRDA registration proof, signed scope of work per ATC, and any OEM authorizations. Ensure technical bid includes compliance with GeM ATC and GIL conditions.
Technical requirements specify D&O coverage by an IRDA-registered insurer, adherence to the scope of work on every page, and compliance with attached ATC terms. No numeric policy limits are provided in the data; refer to final ATC for detailed limits and premiums.
Policy issuance timing is defined in the final insurance contract and ATC; the tender data does not include a fixed delivery date. Bidders should await the ATC clause detailing issuance deadlines post award.
Payment terms will be specified in the ATC and final policy schedule. Refer to GeM ATC; typical terms may include premium payment upon policy issuance or within an agreed schedule, with any advance or installments documented in the contract.
Failure to submit a signed and stamped scope of work on every page may lead to disqualification at the technical bid stage. Ensure the document is authenticated and all pages bear the official stamp.
Policy terms must align with IRDA regulations for director & officer liability coverage and follow the Insurance terms attached with the GeM bid. GIL conditions will prevail in case of conflicts with GeM terms.
Confirm IRDA registration status, provide insurer license details, and attach proof in the bid. Ensure prior D&O coverage experience and documentation showing compliance with relevant IRDA guidelines and the GIL ATC requirements.
Punjab And Sind Bank
📍 WEST DELHI, DELHI
Sjvn Limited
📍 SHIMLA, HIMACHAL PRADESH
Indian Council Of Medical Research (icmr)
📍 PATNA, BIHAR
Department of Defence Production
📍 CHANDRAPUR, MAHARASHTRA
Bureau Of Indian Standards (bis)
📍 CHENNAI, TAMIL NADU
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Main Document
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS