Burglary Insurance Policy Renewal for 285 Kerala State Beverages Corporation Shops

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

This tender, issued by the Kerala State Beverages Corporation Ltd (KSBC) and invited by the Chairperson and Managing Director, KSBC, seeks competitive bids from General Insurance Companies for the renewal of its Burglary Policy. The policy will cover 285 FL-01 Shops belonging to KSBC, spread across the state of Kerala. This is an open tender under the 'Services' category, with a tender reference number of KSBC/4269/2025-PA to GM Fin, and a tender fee of ₹2,795, inclusive of GST. The bid opening is scheduled for August 6, 2026, at 2:00 PM, with submissions accepted until August 5, 2026, at 2:00 PM. Key eligibility criteria for bidders include registration under the Insurance Act, 1938, and with IRDAI, at least 10 years of experience in the general insurance business, a valid PAN, GST registration, and a registered office or branch in Thiruvananthapuram district, Kerala. Furthermore, bidders must demonstrate experience in providing general insurance policies for organizations with a turnover of ₹500 Cr in the last three financial years. Two covers are specified: Cover 1 for Fee/PreQual/Technical documents, and Cover 2 for the financial bid (BOQ). The tender document and BOQ are available for download from July 16, 2026, at 1:30 PM until August 5, 2026, at 2:00 PM.