GEM

Pawan Hans Limited Group Personal Accident Insurance Tender Gautam Buddha Nagar Uttar Pradesh 2025

Bid Publish Date

21-Nov-2025, 6:28 pm

Bid End Date

12-Dec-2025, 3:00 pm

Location

GAUTAM BUDDHA NAGAR , UTTAR PRADESH

Progress

Issue21-Nov-2025, 6:28 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Scope: Group Personal Accident Insurance covering permanent and contract employees for accidental death
  • • Location specificity: Gautam Buddha Nagar, Uttar Pradesh (201301)
  • • Flexible contract terms: quantity or duration adjustments up to 25% at contract issue and post-issuance
  • • Excess settlement provision: ability to claim additional charges up to a defined percentage with required supporting documents
  • • No BOQ items; no explicit estimated value or EMD disclosed in provided data
  • • No technical standards or policy wordings listed in tender data

Categories 2

INSURANCE SERVICE ACCIDENTAL INSURANCE

Tender Overview

Organization: Pawan Hans Limited, a government-owned helicopter service provider, invites bids for Group Personal Accident Insurance Service covering Permanent Employees and Contract Employees with focus on accidental death. Location: Gautam Buddha Nagar, Uttar Pradesh 201301. The tender includes a flexible quantity/duration option up to 25% changes at issue and post-issuance, plus an excess settlement mechanism allowing additive charges up to a specified percentage. No BOQ items or exact estimated value are disclosed. This procurement aims to secure reliable accident coverage aligned with regulatory and internal risk controls, with emphasis on timely claim settlement and policy terms, while maintaining administrative simplicity for the employer.

Technical Specifications & Requirements

  • Category: Group Personal Accident Insurance for government/organizational staff
  • Scope: Accidental death coverage for both permanent and contractual employees
  • Contract flexibility: Quantity/duration may be adjusted by up to 25% during bid issuance; post-issuance adjustments capped at 25%
  • Excess settlement: Service providers may include additional charges up to a specified percentage of item-level value; must declare applicability during invoice creation; total invoice to stay within approved excess settlement percentage
  • Specifications status: No product specifications or policy wordings provided in tender data
  • BOQ: 0 items; no bill of quantity details available
  • Tender context: Terms indicate generic bid terms with emphasis on payment and settlement processes, rather than technical product criteria.

Terms, Conditions & Eligibility

  • EMD / Security: Not disclosed in available data; bidders should verify on tender portal
  • Delivery/Effective date: Not specified; no project start date provided
  • Payment terms: Not specified; tender mentions standard bid settlement and excess settlement mechanism
  • Documents required: Not detailed in the terms provided; typical bids require GST, PAN, experience certificates, financial statements, and policy-compliance documents
  • Warranty/Certification: Not specified; no policy-specific standards listed
  • Eligibility criteria: Not specified beyond organization and employee coverage scope; bidders should confirm scope alignment with UP-based operations and insurance regulatory compliance
  • Penalties: Not specified; any LD or penalties to be defined in final contract

Key Specifications

  • Product/Service: Group Personal Accident Insurance

  • Covered beneficiaries: Permanent employees and contract employees of Pawan Hans Limited

  • Coverage focus: Accidental death (not natural death)

  • Location: Gautam Buddha Nagar, Uttar Pradesh

  • Contract flexibility: +/- 25% quantity/duration

  • Billing: Excess settlement mechanism with declared charges and supporting documents

Terms & Conditions

  • EMD amount not disclosed; verify at bid submission

  • 25% quantity/duration adjustment allowed during and after issue

  • Excess settlement charges permitted up to specified percentage with documentation

  • No BOQ items or explicit value stated in current data

Important Clauses

Payment Terms

Payment terms are not disclosed in the provided data; bidders must await portal updates and final contract terms

Delivery Schedule

No delivery schedule provided; contract will define policy issuance and activation timelines

Penalties/Liquidated Damages

No LD details in the tender data; check final contract for penalties or performance bonds

Bidder Eligibility

  • Eligibility to provide group personal accident insurance for government/semi-government entities

  • Experience in insuring both permanent and contract employees

  • Compliance with Indian insurance regulations and applicable UP state norms

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Group Personal Accident Insurance Service - Contract Employees, Permanent Employees; Only accidenta

Pawan Hans Limited

GAUTAM BUDDHA NAGAR, UTTAR PRADESH

Posted: 24 April 2025
Closed: 8 May 2025
GEM

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent account number (PAN) card

3

Experience certificates of similar insurance service contracts

4

Financial statements for past 2-3 years

5

EMD/Security deposit details (as per portal guidance)

6

Technical bid documents and insurer/oem authorizations (if required)

7

Policy wordings or PMA for personal accident coverage (if requested)

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

How to bid for group personal accident insurance in Gautam Buddha Nagar 2025

Bidders should register on the portal, obtain the tender document, and submit the bid with insurer credentials, GST, PAN, experience certificates, financials, and EMD as per portal guidelines. Ensure coverage for accidental death of permanent and contract staff and confirm excess settlement terms.

What documents are required for Pawan Hans insurance tender 2025

Required documents typically include GST certificate, PAN, financial statements, insurer registration, experience certificates for similar contracts, technical bid, OEM authorizations if applicable, and EMD. Verify exact checklist on the tender portal prior to submission.

What are the eligibility criteria for accident insurance tender UP 2025

Eligibility includes experience in providing group personal accident coverage, compliance with insurance regulations, ability to cover both permanent and contract employees, and financial stability evidenced by recent statements. Confirm any local UP state requirements in the final contract.

How to understand the excess settlement clause in this tender

The excess settlement clause allows additional charges up to a defined percentage on item-level value, requiring declaration during invoice creation and supporting documents. Ensure the percentage cap and documentation requirements are clarified in the final contract.

What is the delivery timeline for insurance coverage activation UP

The tender data does not specify a delivery timeline; the final contract will define policy activation dates post award. Monitor portal updates for the exact issuance and activation schedule.

Where to find the EMD amount for the Pawan Hans insurance bid UP

The EMD amount is not disclosed in the current data. Check the tender portal or bid notice for the exact EMD or security deposit requirement and acceptable payment method.

What standards or certifications are required for the insurance bid UP 2025

The tender data does not list standards. Expect compliance with local insurance regulations and insurer accreditation; confirm any specific policy wordings and beneficiary coverages in the final bid documents.

When is the bid submission deadline for Pawan Hans insurance tender UP

Deadline details are not included in the provided data. Bidders should track the official GEM portal for posting deadlines and note any extensions or amendments before submitting the bid.