Assets Insurance for Polymer, Chemical, and Vehicle Stocks at Pata Plant

This tender, issued by Gail India Limited, a prominent entity under the Ministry of Petroleum and Natural Gas, invites bids for a comprehensive suite of Assets Insurance Services. The specific scope of work, detailed under Bid Number GEM/2026/B/8042144, encompasses a Declaration Based Fire Insurance Policy for polymer stock within PTD silos and in open, along with insurance for associated stocks of chemicals, catalysts, stores, spares, intermediate products, byproducts, and other liquid hydrocarbons. Additionally, the tender includes a crucial Declaration Based Fire Insurance Policy for polymer and byproducts stored in the open within the Pata Plant area, as per the Special Conditions of Contract (SCC) and Scope of Work (SOW). Bidders are also presented with optional coverage opportunities, including Marine and Transit Insurance Policies for both indigenous and imported materials across sea, air, and land transit. Furthermore, optional Assets Insurance Services cover a Standard Fire Insurance Policy for the township, inclusive of earthquake and terrorism cover, Comprehensive Insurance for vehicles and fire tenders, and CPM Insurance for cranes and forklifts on a replacement cost basis, all in accordance with the specified SCC and SOW. The bidding period commences on September 16, 2026, at 2:29 PM and concludes on October 7, 2026, at 3:00 PM. All submissions should be directed to Gail India Limited's Petrochemical Complex at Pata.