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Assets Insurance Service - Erection All Risk (EAR), AS PER TENDER DOCUMENT; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood And Inundation (STFI…

Bharat Heavy Electricals Limited (bhel)

Ministry of Heavy Industries and Public Enterprises › Department of Heavy Industry › Hep Bhopal

Delivers to

Bhopal, Madhya Pradesh

Overview

10 facts from the tender

Ministry of Heavy Industries and Public Enterprises published this services tender on GeM on 8 Oct 2026, for Bhopal, Madhya Pradesh. No EMD is required. It closes on 21 Oct 2026, 3:00 pm IST. Bid number GEM/2026/B/8134419.

Timeline

  1. Published8 Oct 2026 · 3:08 pm

Bidding

Bid type
Bid
Evaluation method
Total value wise evaluation
Packet type
Two Packet Bid
Reverse auction
No
Total quantity
1

Buyer

Created by
583_fin_02
Location
Bhopal · Madhya Pradesh
Portal
GeM

Important dates

Published
8 Oct 2026, 3:08 pm IST
Closes
21 Oct 2026, 3:00 pm IST

Service scope & delivery

1 service · 1 delivery location

Item 1

Assets Insurance Service - Erection All Risk (EAR), AS PER TENDER DOCUMENT; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood And Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Theft/B..

Service basisProject / Lumpsum Based
Delivery location

462022,BHARAT HEAVY ELECTRICAL LTD, PIPLANI

Wage & allowance components
Total Number of Asset to be Insured (Quantity)
1
Total Sum Insured for the Assets
174784161
Specifications & requirements · 13
Specifi cation
मूMय/ Values
Type of Asset Insuran ce Policy
Erection All Risk (EAR) , AS PER TENDER DOCUMENT
Type of Risk Covera ge
Property Damage Cover , Standard Fire & Special Perils Cover , Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover , Terrorism Cover , Earthquake Cover , Theft/Burglary Cover , AS PER TENDER DOCUMENT
Specifi cation
मूMय/ Values
Re- insuran ce Arrange ment
Mandatory
m Paymen t Options
Single Premium
Risk Inspecti on (Assess ment) Report of assets to be provide d by Buyer
No
List of Insurer from where insuran ce to be taken(c an indicate multipl e service provide rs)
Acko General Insurance Ltd. , Cholamandalam MS General Insurance Co. Ltd. , Future Generali India Insurance Co. Ltd. , Go Digit General Insurance Ltd. , HDFC ERGO General Insurance Co.Ltd. , ICICI LOMBARD General Insurance Co. Ltd. , IFFCO TOKIO General Insurance Co. Ltd. , Liberty General Insurance Ltd. , National Insurance Co. Ltd. , Raheja QBE General Insurance Co. Ltd. , Royal Sundaram General Insurance Co. Ltd. , SBI General Insurance Co. Ltd. , Shriram General Insurance Co. Ltd. , Tata AIG General Insurance Co. Ltd. , The New India Assurance Co. Ltd. , The Oriental Insurance Co. Ltd. , United India Insurance Co. Ltd. , Universal Sompo General Insurance Co. Ltd. , Navi General Insurance Ltd. , Zuno General Insurance Ltd. , Zurich Kotak General Insurance Company (India) Ltd. , IndusInd General Insurance Company Ltd. , Bajaj General Insurance Ltd. , Magma General Insurance Ltd. , Any IRDA approved Insurance companies
Method used for Valuatio n of Assets (WDV or RIV)
RIV
Insuran ce Start Date
12-10-2026
Specifi cation
मूMय/ Values
Insuran ce End Date
10-10-2027
Minimum Floor Price defined by Buyer
No
View PDF · p. 3

Tender documents

Bid files and supporting documents, linked directly from GeM.

Policy & contract references

Eligibility

Experience & turnover exemptions

Exemptions depend on the evidence and conditions specified in the bid.

Preferences & relaxations

  • MSE purchase preference
  • EMD exemption

Check each criterion against the tender notice before you bid.

Commercial conditions

EMD
Not required
Performance guarantee
Not required
Offer validity
90 days
Contract period
1 Year(s)

Payment terms

Payments shall be made to the Seller within 30 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

View PDF · p. 2

Buyer requirements & conditions

Buyer-added conditions from the bid document.

01

Generic

View PDF · p. 5

OPTION CLAUSE 50% : The buyer can increase or decrease the contract quantity or contract duration up to 50 percent at the time of issue of the contract. However, once the contract is issued, the contract quantity or contract duration can only be increased up to 50 percent. Bidders are bound to accept the revised quantity or duration. For lumpsum-based service contracts, the buyer may increase the scope of work and contract value up to 50 percent with the consent of the service provider

02

Buyer Added Bid Specific ATC

View PDF · p. 5

Buyer uploaded ATC document Click here to view the file.

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