Airports Authority Of India Assets Insurance Service Tender 2026 - Electronic Equipment Insurance, Fire & Theft Cover

Tender Overview

The procuring organization is the Airports Authority Of India. The required service falls under Assets Insurance Service - Electronic Equipment Insurance with Standard Fire & Special Perils Cover and Theft/Burglary Cover; an Optional coverage may be included. The estimated contract value is ₹54,925. The tender lacks start/end dates and location details in the provided data. A 25% quantity or duration adjustment is allowed at contract issuance, with fixed acceptance of revised terms by bidders. Evidence of past experience can be provided via multiple accepted documents, including client execution certificates or invoices with self-certification. The BOQ contains no items, indicating a potential framework or broad insurance coverage rather than discrete line items.

The unique aspect is the combination of standard fire, special perils, and theft coverage for airport-related electronic assets, with a flexible quantity/duration clause. This tender emphasizes demonstrable insurance delivery capability and documented prior engagements rather than a product supply. The absence of BOQ items suggests a service contract model where scope is defined by policy terms rather than unit quantities. Bidders should prepare to demonstrate insurance underwriting capabilities and risk assessment for airport electronic equipment, aligned to government procurement practices.

Keywords for tender in not specified location and AAI procurement should be integrated to improve visibility and alignment with aerospace insurance requirements, emphasizing risk transfer, policy compliance, and responsive claim settlement.

Technical Specifications & Requirements

• Organization: Airports Authority Of India
• Product/Service: Assets Insurance Service - Electronic Equipment Insurance with Standard Fire & Special Perils Cover and Theft/Burglary Cover; Optional coverage
• Estimated Value: ₹54,925
• Location: not specified
• Key scope: insurance cover for airport electronic assets; no BOQ items provided
• Adjustment clause: 25% increase/decrease in contract quantity or duration at contract issue; post-issuance, same 25% cap applies
• Past Experience proof: multiple accepted documents (contract copy with invoice & self-certification; execution certificate by client; third-party release notes)
• Tender nuance: service/insurance contract rather than discrete product BOM

Terms, Conditions & Eligibility

• EMD: not specified in the data
• Experience documentation: accept contract/invoice with self-certification, client execution certificate, or third-party notes
• Delivery/execution: insurance coverage terms to be defined in policy; no delivery timeline stated
• Payment terms: not specified in provided data
• Documents required: evidence of past experience, insurance policy capability, and compliance with government procurement norms (no explicit list due to data limitation)
• Specification/standards: not specified; coverage types indicated (fire, special perils, theft)
• BOQ: Total Items = 0; no itemized quantities