Comprehensive Assets Insurance Services for Marine, Erection, Property Damage, and Business Interruption

This tender, identified by Bid Number GEM/2026/B/8101341, is being issued by the Department of Space, specifically by the Physical Research Laboratory Ahmedabad, an organization under the Indian Space Research Organisation. The Physical Research Laboratory is located at 380009, behind Gujarat University, opposite ATIRA, near Gujarat University Vice-Chancellor Bungalow, Navrangpura, Ahmedabad, Gujarat. The bidding period for this tender commences on September 30, 2026, at 12:33 PM and concludes on October 10, 2026, at 12:00 PM. The scope of this tender encompasses Assets Insurance Services, with specific coverage requirements including Marine cum Erection (MCE) insurance, Property Damage Cover, Standard Fire and Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, and Machinery Breakdown Damage (MBD) cover.