Delhi State Industrial And Infrastructure Development Corporation fire, money, and ALL RISK insurance tender New Delhi 2026
Progress
Quantity
1
Bid Type
Two Packet Bid
Categories
2
Tender Overview
Delhi State Industrial And Infrastructure Development Corporation Limited (DSIIDC) invites bids for comprehensive assets insurance services covering fire, money, all risk policy, electronic equipment, terrorism, STFI, theft/burglary, and related inclusions in Delhi. Estimated scope includes multi-line coverage for government assets administered by the Industries Department Delhi in New Delhi, Delhi 110001. The tender specifies a flexible quantity/duration adjustment up to 25% at contract issue and post-issuance, with bidders obligated to accept revised quantities or durations. The ATC also requires contractors to uphold workmen compensation, public liability, property damage, and safety measures for Extra High Voltage operations. Unique risk coverages and compliance expectations aim to centralize risk management for municipal and industrial assets.
Technical Specifications & Requirements
- Insurance types included: Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment Insurance, Terrorism Insurance, STFI (Storm, Typhoon, Hurricane, Tornado, Flood) Cover, Theft/Burglary Insurance.
- Policy integration scope: multi-risk, consolidated coverage for Delhi government assets under the Industries Department, New Delhi.
- Policy standards/compatibility: specific IS/ISO standards not provided; bidders should prepare to demonstrate compliance with standard insurance industry practice and procurement alignment.
- Delivery/activation: coverage to commence as per contract terms; ATC permits quantity/duration flexibility up to 25% pre- and post-issuance.
- Experience indicators: bidders must show capability for large public sector risk coverage and adherence to safety obligations for EHV environments.
- Documentation/EMD: terms indicate standard bid submission requirements; no explicit numeric EMD is stated in available data.
- Brand/OEM constraints: not specified; emphasis on compliance with statutory and corporate procurement norms.
Terms, Conditions & Eligibility
- Quantity duration flexibility up to 25% at contract issue and post-issuance; bidders must accept revised scope.
- Safety and compliance: contractors must cover workmen compensation, insurance, public liability, property damage; adherence to safety PPE in Extra High Voltage settings.
- ATC reference: bidder must view bid-specific ATC document for additional clauses and conditions.
- No explicit Estimated Value or EMD amount disclosed in available data; prepare to align with standard government insurance procurements.
- Submission readiness: respond to buyer-added terms, ensure readiness for potentially revised quantities or durations.
Key Specifications
-
Insurance coverage: Fire, Money, All Risk, Electronic Equipment, Terrorism, STFI, Theft/Burglary
-
Geographic scope: Delhi government assets under Industries Department, New Delhi
-
Quantity/duration flexibility: ±25% at contract issue and post-issuance
-
Safety obligations: Workmen compensation, public liability, property damage, EHV PPE requirements
-
Documentation: Standard bid submission with ATC view for additional terms
Terms & Conditions
-
Quantity and contract duration may be adjusted by up to 25% during issuance and after
-
Contractor must cover workmen compensation, insurance, public liability, and safety for EHV environments
-
Bidder must review and comply with the bid-specific ATC document
Important Clauses
Payment Terms
Not disclosed in available data; bidders should verify in ATC document and contract.
Delivery Schedule
Coverage activation and policy issuance likely aligned with contract award; exact timelines to be clarified in ATC.
Penalties/Liquidated Damages
Not specified; confirm in ATC and contract for insurance lifecycle penalties or non-compliance penalties.
Bidder Eligibility
-
Proven experience in government or large public sector insurance procurements
-
Demonstrated capability to supply multi-line insurance coverage including STFI and terrorism risk
-
Compliance with safety, WCB, public liability, and EHV environment requirements
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Assets Insurance Service - Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment Insurance, Terrorism Insurance, Refere Tender Documents; Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Theft/Burglary Cover, Ea..
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 5
GeM-Bidding-9155089.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST certificate
PAN card
Experience certificates showing prior public sector risk coverage
Financial statements (last 2-3 years)
EMD/Security deposit proof
Technical bid documents demonstrating coverage capabilities
OEM authorizations or broker/agency authorizations if applicable
Corrigendum Updates
3 Updates Update
Update
Extended Deadline
15-Apr-2026, 4:00 pm
Opening Date
15-Apr-2026, 4:30 pm
Update
Extended Deadline
13-Apr-2026, 5:00 pm
Opening Date
13-Apr-2026, 5:30 pm
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 15-04-2026 12:15:01 | |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 15-04-2026 12:56:24 | |
| 3 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | 15-04-2026 15:06:16 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Assets Insurance Service - Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment I | |
| L2 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | Item Categories : Assets Insurance Service - Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment I | |
| L3 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | Item Categories : Assets Insurance Service - Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment I |
Contract / Result Documents 1
Please sign in or create an account to view contract details and download result documents.
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for Delhi insurance tender with DSIDDC in 2026?
Bidders should review the ATC for the bid and prepare documents including GST, PAN, financials, and experience certificates. Ensure capability to provide multi-line coverage (fire, money, all risk, terrorism, STFI) for Delhi assets and include EHV safety compliance. Submit via the government e-tender platform following the ATC guidelines.
What documents are required for DSIDDC insurance tender in Delhi?
Required documents include GST registration, PAN, up-to-date financial statements, experience certificates for similar public sector insurance, EMD proof, technical bid documents, and OEM/broker authorizations if applicable. Ensure both financial and technical bids are complete and auditable.
What are the insurance coverage types in the DSIDDC tender in Delhi?
The tender includes Fire Insurance, Money Insurance, All Risk Policy, Electronic Equipment Insurance, Terrorism Insurance, and STFI Cover for storms and floods, plus Theft/Burglary Insurance. Bids must demonstrate capacity to underwrite all listed lines cohesively.
What is the eligibility criteria for DSIDDC insurance procurement in Delhi 2026?
Eligible bidders must show prior experience in public sector risk coverage, provide GST and financial stability evidence, maintain necessary insurance licenses, and comply with EHV safety and PPE requirements. Compliance with bid-specific ATC terms is mandatory for eligibility.
When is the delivery/activation expected for DSIDDC insurance coverage?
Activation is aligned with contract award and policy issuance timelines specified in the ATC. Exact dates are not provided publicly; bidders should prepare to begin coverage upon contract finalization and ensure readiness for quick activation per instructions.
What standards or certifications are required for DSIDDC insurance bid in Delhi?
No explicit IS/ISO standard numbers are provided in the data. Bidders should demonstrate adherence to standard insurance procurement practices, regulatory compliance, and any organization-specific guidelines referenced in the ATC for Delhi government risk coverage.
What are the key risk coverages in the DSIDC Delhi tender for assets?
Key risks include fire, theft/burglary, all risk on assets, electronic equipment risk, terrorism, and STFI events (storm, typhoon, hurricane, tornado, flood). Proposals should detail underwriting approach, premium structure, deducibles, and claims process for each line.
How to submit revised quantities under the 25% ATC clause in Delhi tender?
The ATC allows +/-25% adjustments at contract issue and post-issuance. Bidders should build flexible pricing and coverage options, with clear terms on how adjustments affect premiums, scope, and policy limits, and provide confirmation in the bid response.
Explore More Opportunities
Unlock Tender Documents
Sign up now to access all documents
Documents 5
GeM-Bidding-9155089.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS