Cyber Insurance Services - Network Business Interruption, Cover For Phreaking Telecall Expenses, Er
Punjab And Sind Bank
WEST DELHI, DELHI
Progress
Quantity
1
Bid Type
Two Packet Bid
The opportunity is issued by the National Small Industries Corporation Limited (NSIC) under the Ministry of Micro, Small and Medium Enterprises for cyber insurance services headquartered in NEW DELHI, DELHI. The procurement covers a broad spectrum of cyber risk protections—Network Business Interruption, Errors and Omissions Coverage, IT Theft, Cyber Stalking, Phishing, Identity Theft, Email Spoofing, Malware Attack, Cyber Extortion, Privacy & Data Breach by Third Party, Cyber Bullying, and related cyber liability coverages. Estimated value is ₹1000.0. The tender includes a flexible 25% option clause allowing adjustment of contract quantity or duration at the time of issue, or within issuance constraints. EMD details are not provided in the data. The absence of BOQ items indicates a service-led insurance procurement rather than material supply. This is a government procurement aimed at protecting NSIC’s IT operations and dependent processes from cyber risk exposures.
Cyber Insurance Services covering Network Interruption, E&O, IT Theft, Cyber Stalking, Phishing, Identity Theft, Email Spoofing, Malware Attack, Cyber Extortion, Privacy & Data Breach by Third Party, Cyber Bullying
Estimated value: ₹1000.0
Option clause: Up to 25% adjustment in contract quantity/duration at contract issue
Delivery/activation: Not explicitly defined; subject to NSIC award terms
EMD: Not specified in current data; verify in final tender documents
Important condition: 25% option clause for quantity/duration adjustment
Payment terms and EMD details to be clarified in final tender documents
Scope focuses on cyber insurance coverage rather than physical goods
Payment terms to be defined in final tender; bidders should expect government-standard terms and verification of policy delivery.
Activation of cyber insurance coverage likely post-award; exact schedule to be specified in final documents.
Penalties or LD clauses to be detailed in final terms; bidders should anticipate SLAs for coverage response times.
Experience in providing cyber insurance or cyber risk management solutions
Financial stability evidenced by annual statements
Ability to comply with government procurement processes and NSIC guidelines
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Cyber Insurance Services - Network Business Interruption, Errors And Omissions Coverage, IT Theft, Cyber Stalking, Phishing, Identity Theft, Email Spoofing, Malware Attack, Cyber Extortion, Privacy & Data Breach By Third Party, Cyber Bullying, Cyber ..
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Main Document
OTHER
SCOPE_OF_WORK
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Punjab And Sind Bank
WEST DELHI, DELHI
Punjab National Bank
CENTRAL DELHI, DELHI
N/a
MUMBAI, MAHARASHTRA
Export Import Bank Of India
MUMBAI, MAHARASHTRA
National Bank For Agriculture And Ruraldevelopment
MUMBAI, MAHARASHTRA
Tender Results
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GST registration certificate
PAN card
Experience certificates in cyber insurance or IT risk management
Financial statements (audited if available)
EMD submission as per final tender terms (amount to be clarified)
Technical bid/documentation evidencing capability to provide cyber insurance
OEM authorizations or insurer certifications (if applicable)
Any prior NSIC or government procurement experience documents
Extended Deadline
12-Jun-2026, 4:00 pm
Opening Date
12-Jun-2026, 4:30 pm
Extended Deadline
12-Jun-2026, 2:00 pm
Opening Date
12-Jun-2026, 2:30 pm
Extended Deadline
12-Jun-2026, 9:00 am
Opening Date
12-Jun-2026, 9:30 am
Key insights about DELHI tender market
Submit a bid package including GST, PAN, financials, and cyber insurance experience certificates. Prepare documentation proving capability to provide Network Interruption and Data Breach coverage, and ensure alignment with NSIC procurement policies. The final terms will specify EMD and delivery expectations.
Required items include GST certificate, PAN card, audited financial statements, experience certificates in cyber risk management, and any insurer certifications. Also provide technical bids detailing coverage scope: Network Interruption, E&O, IT Theft, and Data Breach protections.
The contract covers Network Interruption, Errors & Omissions, IT Theft, Cyber Stalking, Phishing, Identity Theft, Email Spoofing, Malware Attacks, Cyber Extortion, and Privacy/Data Breach by Third Party. Bidders should tailor policy terms to meet these categories.
Activation details are not specified in the data; bidders should anticipate contract award terms guiding immediate or phased activation, with NSIC providing policy start dates per final tender documents.
EMD amount is not disclosed in the available data. Bidders must confirm the exact EMD in the final tender documents and submit via the prescribed payment method.
Delivery terms are not explicitly stated; expect standard NSIC terms outlining policy issuance, renewal, and claim support timelines to be specified in the final contract.
No specific standards are listed in the data; bidders should prepare evidence of cyber liability policy expertise, and provide relevant insurer certifications and regulatory compliance in the final submission.
Kanpur Zilla Sahakari Bank Ltd.
📍 KANPUR NAGAR, UTTAR PRADESH
Zilla Sahakari Bank Ltd., Mau
📍 MAU, UTTAR PRADESH
N/a
📍 GANDHI NAGAR, GUJARAT
New India Assurance Company Limited (niacl)
📍 MUMBAI, MAHARASHTRA
Aligarh Muslim University (amu)
📍 ALIGARH, UTTAR PRADESH
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Main Document
OTHER
SCOPE_OF_WORK
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS