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GEM

NSIC Cyber Insurance Services Tender New Delhi 2026 - IT Security & Network Interruption Coverage per NSIC Terms 2026

Bid Publish Date

18-May-2026, 8:15 pm

Bid End Date

12-Jun-2026, 4:00 pm

Value

₹1,000

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Progress

Issue18-May-2026, 8:15 pm
Corrigendum09-Jun-2026
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • NSIC procurement for cyber insurance services located in New Delhi, Delhi
  • Broad coverage categories including Network Interruption, E&O, IT Theft, and data breach
  • 25% option clause to adjust quantity or duration at contract issuance
  • Estimated contract value around ₹1000.0; EMD not specified in current data
  • No BOQ items; service-based insurance procurement rather than goods
  • No explicit standards listed; expect cyber liability policy requirements and NSIC norms

Categories 1

Tender Overview

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.

Key Specifications

  • 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

Terms & Conditions

  • 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

Important Clauses

Payment Terms

Payment terms to be defined in final tender; bidders should expect government-standard terms and verification of policy delivery.

Delivery Schedule

Activation of cyber insurance coverage likely post-award; exact schedule to be specified in final documents.

Penalties/Liquidated Damages

Penalties or LD clauses to be detailed in final terms; bidders should anticipate SLAs for coverage response times.

Bidder Eligibility

  • 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

Additional Tender Data

Commercial Details

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 ..

Authority Records

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES
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Documents 5

GeM-Bidding-9346598.pdf

Main Document

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates in cyber insurance or IT risk management

4

Financial statements (audited if available)

5

EMD submission as per final tender terms (amount to be clarified)

6

Technical bid/documentation evidencing capability to provide cyber insurance

7

OEM authorizations or insurer certifications (if applicable)

8

Any prior NSIC or government procurement experience documents

Corrigendum Updates

3 Updates
#1

Update

09-Jun-2026

Extended Deadline

12-Jun-2026, 4:00 pm

Opening Date

12-Jun-2026, 4:30 pm

#2

Update

09-Jun-2026

Extended Deadline

12-Jun-2026, 2:00 pm

Opening Date

12-Jun-2026, 2:30 pm

#3

Update

09-Jun-2026

Extended Deadline

12-Jun-2026, 9:00 am

Opening Date

12-Jun-2026, 9:30 am

Frequently Asked Questions

Key insights about DELHI tender market

How to bid on the NSIC cyber insurance tender in New Delhi 2026?

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.

What documents are required for NSIC cyber insurance procurement in Delhi?

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.

What are the key coverage areas for NSIC cyber liability tender in 2026?

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.

When is activation of the NSIC cyber insurance expected after award?

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.

What is the EMD requirement for the NSIC cyber insurance bid in Delhi?

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.

What delivery terms cover cyber insurance services for NSIC New Delhi?

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.

Which standards or certifications are expected for NSIC cyber bids in 2026?

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.

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