Renewal Of Insurance Policy
Tender Title | Renewal Of Insurance Policy | ||
Tender ID | 2025_UBoI_811490_1 | Tender Reference Number | PROC/0288/2025 |
Tender Type | Open Tender | ||
Tender Opening Date | 2025-09-06 05:30 AM | Tender Closing Date | 2025-09-20 09:30 AM |
Tender Value | ₹ 4.30 Cr | Tender Location | Mumbai , Mumbai , Maharashtra |
Tender Category | Services | Product Category | Finance And Insurance Sectors Tenders |
ePublished Date | 2025-09-06 04:30 AM | Bid Opening Date | 2025-09-20 10:00 AM |
Document Download Start Date | 2025-09-06 04:30 AM | Document Download End Date | 2025-09-20 09:30 AM |
Bid Submission Start Date | 2025-09-06 05:30 AM | Bid Submission End Date | 2025-09-20 09:30 AM |
Clarification start Date | 2025-09-06 04:30 AM | Clarification End Date | 2025-09-10 11:30 AM |
Bid Validity Period (in Days) | 90 |
Tender Fee | Refer document |
EMD (Earnest Money Deposit) | Refer document |
EMD Fee Type | Fixed |
Payment Instruments/Mode | Not Applicable |
Work Description - Notice For Tender For Renewal Of Cyber Risk Insurance Policy Of The Bank For The Period 2025-26
Union Bank of India, a Central Government Ministry/Department, invites open tenders (PROC/0288/2025) for the renewal of their Cyber Risk Insurance Policy for the period 2025-26. This service-based tender, valued at ₹4,30,00,000, requires bidders to submit a two-cover bid consisting of a technical bid (.pdf) and a commercial bid (.xls). No tender fee or EMD is required. The tender document can be downloaded from 06-Sep-2025 10:00 AM to 20-Sep-2025 03:00 PM. Bids must be submitted between 06-Sep-2025 11:00 AM and 20-Sep-2025 03:00 PM, with the bid opening scheduled for 20-Sep-2025 03:30 PM in Mumbai. A pre-bid meeting is scheduled for 11-Sep-2025 11:30 AM at the Procurement Dept, 4th floor, Central Office, 239 Vidhan Bhavan Marg, Nariman Point, Mumbai-400021. Bidders should have a valid insurance license from IRDA, experience in serving policy, and financial statements for the last three years. The contract period is 365 days, and bid validity is 90 days. The Dy. General Manager, Procurement Dept, Union Bank of India, is the Tender Inviting Authority.
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Office Inviting Bids | Dy. General Manager |
Address | Dy. General Manager, Procurement Dept, 4th Floor, Central Office, 239 Vidhan Bhavan Marg, Nariman Point, Mumbai-400021 |
Contact Details | NA |
NA | |
Website | NA |
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