Browse all bids
GeMOpenServicesBid

Assets Insurance Service - Marine – Cum – Erection (MCE), MCE Policy For 3X16 MW HEP, CHANJU III Hydro, Chamba, Himachal Pradesh; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, T…

Bharat Heavy Electricals Limited (bhel)

Ministry of Heavy Industries and Public Enterprises › Department of Heavy Industry › 10050019-corporate Office

Delivers to

South Delhi, Delhi

Overview

10 facts from the tender

Ministry of Heavy Industries and Public Enterprises published this services tender on GeM on 12 Oct 2026, for South Delhi, Delhi. No EMD is required. It closes on 26 Oct 2026, 4:00 pm IST. Bid number GEM/2026/B/8146997.

Timeline

  1. Published12 Oct 2026 · 12:47 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
amit6103
Location
South Delhi · Delhi
Portal
GeM

Important dates

Published
12 Oct 2026, 12:47 pm IST
Closes
26 Oct 2026, 4:00 pm IST

Service scope & delivery

1 service · 1 delivery location

Item 1

Assets Insurance Service - Marine – Cum – Erection (MCE), MCE Policy For 3X16 MW HEP, CHANJU III Hydro, Chamba, Himachal Pradesh; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood And Inundation (S..

Service basisProject / Lumpsum Based
Delivery location

110049,BHEL, BHEL House, Siri Fort, New Delhi

Wage & allowance components
Total Number of Asset to be Insured (Quantity)
1
Total Sum Insured for the Assets
2430700000
Specifications & requirements · 14
Specifi cation
मूQय/ Values
Type of Asset Insuran ce Policy
Marine – cum – Erection (MCE) , MCE Policy for 3X16 MW HEP, CHANJU III Hydro, Chamba, Himachal Pradesh
Type of Risk Covera ge
Property Damage Cover , Standard Fire & Special Perils Cover , Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover , Business Interruption (Loss of Profit) Cover , Earthquake Cover , Theft/Burglary Cover , As per tender
Re- insuran ce Arrange ment
Mandatory
Premiu m Paymen t Options
Quarterly Premium
Specifi cation
मूQय/ Values
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
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)
As per tender document
Details of Co- Insuran ce (if applica ble)
As per tender document
Deducti ble (if any)
As per tender document
Insuran ce Start Date
27-10-2026
Insuran ce End Date
27-06-2029
Minimum Floor Price defined by Buyer
No

Tender documents

Eligibility

Experience & turnover exemptions

Micro & small enterprises (MSE)

Complete exemption
Exemption conditions

Yes | Complete

View PDF · p. 1

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
2 Year(s) 8 Month(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

Buyer Added Bid Specific ATC

View PDF · p. 6

Buyer uploaded ATC document Click here to view the file.

Similar open tenders

Soonest first

Search similar in the explorerFind this tender in the explorer

Open on GeM