Renewal of Mega Risk Insurance Policy and Standalone Terrorism Policy

The eligibility requirements include being a registered entity licensed to operate in insurance services, having demonstrable experience in managing mega risk insurance policies, particularly within the energy sector, and maintaining adequate financial health to support high-value contracts. Bidders must also provide necessary documentation to validate their qualifications.

Bidders are required to present valid certificates proving their licensing as insurance providers, experience in handling similar insurance projects, and any other relevant industry certifications that may bolster their credibility and compliance with standards applicable to mega risk insurance.

The registration process involves completing the online forms available on the official procurement portal. Interested bidders must ensure that all submissions are complete, documenting their qualifications and technical capabilities in accordance with the tender specifications.

Submission methods encompass digital formats, with preference typically given to PDF or other universally accepted formats for ease of access and review. Bidders must verify specific guidelines in the tender documents regarding file size limits and naming conventions.

Bidders must prepare to provide an Earnest Money Deposit (EMD) to ensure serious commitment to the bidding process. Failure to comply with the stipulated deposit can lead to disqualification. Full information regarding the required amount and submission method can be found in the tender documents.