Tender Description for Assets Insurance Service - d9deed5c
The Tender ID d9deed5c pertains to an essential services procurement initiative launched by Petronet MHB Limited, operating under the auspices of the Ministry of Petroleum and Natural Gas. This tender aims to secure high-quality Assets Insurance Services, specifically focusing on comprehensive risk coverage, including All Risk Policy, Money Insurance, and various other insurance policies designed to mitigate asset-related risks.
Scope of Work and Objectives
The central objective of this tender is to procure a comprehensive Assets Insurance Service that encompasses a variety of coverage options tailored to meet the different risk exposures faced by the organization. Key components of this service include:
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Similar Tenders
Frequently Asked Questions
The eligibility requirements include being a registered entity, possessing valid licenses to operate in the insurance sector, and having prior experience with similar insurance services. Bidders must demonstrate their capabilities to deliver comprehensive insurance coverage as specified in the tender document.
To participate in this tender, bidders need to provide certificates that demonstrate compliance with local regulatory guidelines and industry standards. Essential documents include proof of registration, insurance licenses, and any additional certificates related to risk management practices and financial solvency.
Bidders must register on the official procurement platform to submit their bids. The registration process involves providing necessary organizational details, verifying credentials, and setting up an account to facilitate the bid submission. Ensuring all required documentation is prepared prior to registration will streamline this process.
Bidders are typically required to submit their documents in specified formats that may include PDF, Excel, or Word documents. It is critical to adhere to the submission guidelines detailed in the tender to avoid disqualification due to format issues.
Performance security is often mandated to ensure that bidders fulfill their contractual obligations upon selection. The required security amount is generally specified in the tender document, and it may involve guarantees or insurance bonds that affirm the bidder’s commitment to deliver as agreed in the contract terms.
By proactively addressing these aspects, potential bidders can position themselves for success in the evaluation process.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders