Insurance Companies Empanelment for IndianOil Reinsurance Market Exploration

Work Description - Selection Of Insurance Companies For Exploring Re-insurance Market For All Risk Package Insurance Policy Of Indian Oil For The Period 01.11.2026 To 31.10.2027

This tender, identified by Tender Reference Number 9000C26A79, is being issued by IndianOil, a Central Government Ministry/Department, for the selection of insurance companies to explore the re-insurance market for their All Risk Package Insurance policy. The policy period is from November 1, 2026, to October 31, 2027, with a contract type of Empanelment and a work period of 365 days. The tender is limited, with a single cover for Fee/PreQual/Technical/Finance submissions. Interested parties can download tender documents from July 22, 2026, 05:00 PM until August 3, 2026, 03:00 PM. Bids must be submitted between July 28, 2026, 03:00 PM and August 3, 2026, 03:00 PM. The bid opening will take place on August 4, 2026, 03:00 PM at IOCL, RHQ New Delhi. A pre-bid meeting is scheduled for July 27, 2026, at 12:00 PM at the same location. The Tender Inviting Authority is DGM (Contracts), IOCL, RHQ New Delhi, with the tender value not specified. Interested insurance companies are advised to review the tender documents, including annexures and special instructions, for detailed evaluation criteria and submission requirements.