IndianOil Marine Insurance Policy Procurement for FY 2026-27

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

IndianOil, a Central Government Ministry/Department, is pleased to announce the invitation for bids for a Marine Insurance Policy to cover its operations for the period of September 2026 to August 2027. This limited tender, identified by Tender Reference Number 9000C26A85, is seeking proposals for essential "Other Services" with a contract form of Service and a work description of "MARINE INSURANCE POLICY FOR IOCL FOR THE PERIOD SEP 2026 TO AUG 2027". The tender documents are available for download from July 31, 2026, 05:30 PM, until August 14, 2026, 04:00 PM. Interested bidders are required to submit their bids electronically starting from August 12, 2026, 01:00 PM, with the final submission deadline on August 14, 2026, 04:00 PM. The bid opening will take place on August 15, 2026, at 04:00 PM at IOCL RHQ, New Delhi. This tender is a two-cover process, with Cover 1 encompassing fee, pre-qualification, and technical bid documents, including tender forwarding letters, undertakings, PAN, GSTIN, power of attorney, proprietorship/partnership/company documents, checklists, appendices, PPP MII declarations, and techno-commercial bids. Cover 2 is exclusively for the financial or price bid. A pre-bid meeting is scheduled for August 5, 2026, at 11:00 AM at IOCL RHQ, New Delhi. The bid validity period is set at 120 days, and the period of work is 365 days. For any inquiries, bidders can refer to the tender documents available for download, including the NIT, checklist, tender acceptance format, FAQs on online EMD, special instructions to bidders, appendices, the main tender document, and the price bid. The DGM (Contracts) of IndianOil is the inviting authority for this tender.