Renewal of Burglary Insurance for 285 KSBC Shops Across Kerala

Work Description - Competitive Tenders Are Invited From General Insurance Companies For Renewal Of Burglary Policy Covering 285 Fl-01 Shops Of Ksbc Spread Over Kerala In Accordance With The Terms And Conditions

The Kerala State Beverages Corporation Ltd (KSBC), a State Government undertaking, invites competitive open tenders from eligible General Insurance Companies for the renewal of its Burglary Policy. This critical policy will cover 285 FL-01 Shops spread across Kerala, in accordance with the detailed terms and conditions outlined in the tender document. The Tender Reference Number for this procurement is KSBC/4269/2025-PA to GM Fin, with a Tender ID of 2026_KSBC_858233_2. Interested bidders must meet specific pre-qualification criteria, including being registered under the Insurance Act, 1938, and with IRDAI, possessing at least 10 years of experience in the General Insurance business, holding a valid PAN and GST registration, and having a registered office or branch office situated in the Thiruvananthapuram district of Kerala. Furthermore, bidders must demonstrate experience in providing general insurance policies for organizations with a turnover of ₹500 Crores in the last three financial years and submit a signed undertaking as per Annexure-I. The tender process officially began with the e-publication and document download start date on 16-Jul-2026 at 01:15 PM and 01:30 PM respectively. Bids can be submitted from 16-Jul-2026, 02:00 PM, with the final deadline for bid submission and document download set for 27-Jul-2026, 02:00 PM. The bids will be opened on 28-Jul-2026, 02:00 PM, in Thiruvananthapuram. A non-refundable tender fee of ₹2795 (₹2500 Tender Fee + ₹295 Processing Fee inclusive of 18.00% GST) is applicable, payable online, with no Earnest Money Deposit (EMD) required. The Chairperson and Managing Director, KSBC, located at Ksbc Head Office, Bevco Tower, Palayam, Vikas Bhavan PO, Trivandrum, PIN 695033, serves as the Tender Inviting Authority. All required documents, including technical and financial bids (BOQ), must be uploaded in the specified covers.