Marine Insurance Policy Procurement for IndianOil (September 2026 - August 2027)

Work Description - Marine Insurance Policy For Iocl For The Period Sep 2026 To Aug 2027

IndianOil, a Central Government Ministry/Department, is inviting bids for a crucial Service tender, identified as Tender ID 2026_REFHQ_190814_1 and Tender Reference Number 9000C26A85. This Limited tender seeks to procure a Marine Insurance Policy for IOCL, covering the period from September 2026 to August 2027. The Work Description clearly outlines the requirement for this essential policy. The tender documents were made available for download starting July 31, 2026, at 05:30 PM, with the document download end date set for August 10, 2026, at 05:30 PM. Prospective bidders can commence submitting their bids from August 7, 2026, at 03:00 PM, with the final bid submission deadline being August 10, 2026, at 05:30 PM. The Bid Opening Date is scheduled for August 11, 2026, at 05:30 PM. The tender involves a two-cover system, with Cover 1 encompassing the Fee/PreQual/Technical documents, including the tender forwarding letter, acceptance undertaking, PAN, GSTIN, Power of Attorney, proprietorship/partnership/company documents, checklists, appendices, PPP MII declarations, the Techno-Commercial Bid, and any other required documents. Cover 2 is designated for the Finance/Price Bid. A Pre-Bid Meeting is scheduled for August 5, 2026, at 11:00 AM at IOCL RHQ, New Delhi, with the exact address to be as per the NIT. The tender value is marked as NA, and the Tender Fee and EMD are both ₹0.00, with no EMD through BG/ST or exemption allowed. The period of work is specified as 365 days. Interested parties are advised to refer to the detailed tender documents, including the NIT and various supporting documents like checklists and appendices, for comprehensive information and submission guidelines. The tender inviting authority is DGM (Contracts) at IndianOil, with the tender being managed by the Contracts division within the Refineries HQ organization chain.