Hindustan Aeronautics Limited Aviation Insurance Tender 2026 - IRDA Licensed PSU Insurers Required 1 Year
Progress
Key Highlights
- • IRDA license required for bidder eligibility
- • Only Govt. PSU insurance companies permitted
- • No BOQ items available; scope defined as 5 types of aviation insurance
- • Joint and several liability retained by seller with sub-contractors
- • Bidder Compliance Statement mandatory with bid submission
- • Anti-liquidity clause: bidders must declare non-liquidation status
Tender Overview
Organization: Hindustan Aeronautics Limited (HAL), under the Department Of Defence Production, invites bids for Aviation Insurance covering 5 types for a period of 1 year. The procurement involves a single year insurance contract with a focus on government-aligned risk coverage. Only IRDA-licensed Govt. PSU insurers may submit offers, ensuring compliance with public-sector procurement norms. A signed Bidder Compliance Statement is required to prove acceptance of the scope of work and terms. No BOQ items are listed, and the exact location for delivery is not disclosed.
Technical Specifications & Requirements
- Scope: Aviation Insurance for HAL operations across 5 types of cover for a 1-year term.
- Eligibility: Only Govt. PSU insurance companies with an IRDA license can participate; private insurers are ineligible.
- Documentation: Submit a signed Bidder Compliance Statement; ensure non-liquidation or insolvency status is disclosed.
- Contractual controls: Maintain joint and several liability with assignee/sub-contractor per terms; no assignment or sub-contracting without prior written consent.
- Risk scope: No explicit technical specs provided; relies on standard aviation insurance coverage terms under government tender norms.
Terms & Eligibility
- Assignment/Sub-contract: Prohibited without prior written consent; pro-rata liability remains with the primary bidder.
- Financial standing: Bidder must declare no liquidation or bankruptcy; provide an undertaking with the bid.
- Compliance: Only IRDA-licensed PSU insurers may bid; other insurers will be rejected.
- Documentation: Include Bidder Compliance Statement and evidence of IRDA license; ensure seal/signature on all documents.
- Delivery & payments: Not specified in BOQ; terms will be governed by HAL contract standards upon award.
Key Specifications
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Product/Service: Aviation insurance for HAL for 5 types over 1 year
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Category: Insurance services (aviation) for defense production sector
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Period: 1 year
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Eligibility: IRDA-licensed Govt. PSU insurers only
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Contract constraints: No assignment/sub-contract without written consent; joint liability
Terms & Conditions
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EMD/financial security: Not specified in data
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Delivery/assignment: No assignment or sub-contracting without HAL written consent
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Compliance: Bidder must sign and place seal on Compliance Statement
Important Clauses
Eligibility
Only Govt. PSU insurance companies with IRDA license may submit offers; private insurers excluded.
Liability
Seller remains jointly and severally liable with assignee/sub-contractor for contract performance.
Documentation
Bidder must submit a signed Bidder Compliance Statement and proof of IRDA license.
Bidder Eligibility
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IRDA-licensed PSU insurer eligibility
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No liquidation or bankruptcy status
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Ability to sign and seal Bidder Compliance Statement
Tender Data
Bid Details
Quantity
1
Similar Category
Aviation Insurance Service
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Custom Bid for Services - Aviation Insurance (5 types) for a period of 1 year
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
01-09-2026 14:00:00
Pre-Bid Venue
Pre-bid interaction will be conducted through Video Conferencing. Eligible bidders may send a request email for VC link to [email protected] along with their queries atleast one day prior to the scheduled date.
Delivery Details
Delivery Locations
1
Delivery Cities
BANGALORE
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| - | BANGALORE | BANGALORE | - | - | Project / Lumpsum Based | - | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 9
GeM-Bidding-9819258.pdf
Main Document
Other Documents
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Other Documents
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Other Documents
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Other Documents
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Other Documents
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Other Documents
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GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
2 Updates Update
Update
Extended Deadline
15-Sep-2026, 10:30 am
Opening Date
16-Sep-2026, 10:30 am
Categories
2
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Required Documents
Bidder Compliance Statement (signed with seal) showing acceptance of terms and scope
IRDA license certificate (valid for PSU insurers)
Declaration of non-liquidation/bankruptcy status
Proof of corporate status and authorization to bid
Any existing authorization letters if representing an OEM or consortium
Frequently Asked Questions
Key insights about KARNATAKA tender market
How to bid in HAL aviation insurance tender 2026 in India
Bidders must be IRDA-licensed Govt. PSU insurers and submit a signed Bidder Compliance Statement along with proof of license. Ensure non-liquidation status and provide authorization to bid. The contract covers 5 types of aviation insurance for a 1-year period under HAL’s defense production framework.
What documents are required for HAL aviation insurance submission
Submit Bidder Compliance Statement (sealed), IRDA license proof, declaration of non-liquidation, corporate authorization, and any OEM authorizations if applicable. Include financial viability evidence if requested and comply with HAL tender norms for government procurement in the defense domain.
What are the eligibility criteria for government PSU insurers bidding
Eligible bidders must hold an IRDA license and be a Govt. PSU insurance company. Private insurers are not eligible. A signed Bidder Compliance Statement confirming acceptance of scope and terms is mandatory for submission.
What is the contract period and scope of HAL aviation insurance
The contract duration is 1 year covering 5 types of aviation insurance for HAL under the Department Of Defence Production. No BOQ items exist; scope is defined by HAL’s standard aviation risk cover terms and government procurement regulations.
What are the payment and delivery terms for HAL insurance tender
Payment terms are not detailed in the available data; HAL contract terms will govern. Ensure timely submission of all compliance documents; post-award, adhere to standard HAL procurement payment practices and deliver per the insurance policy activation schedule.
How does HAL ensure compliance with assignment restrictions
The contract prohibits assignment or subcontracting without HAL’s prior written consent. Even with consent, the seller remains jointly and severally liable for performance. This requires clear communication and documented approvals for any delegation.
What is required to prove financial stability for HAL bidding
Bidders must declare non-liquidation or bankruptcy status and provide an undertaking with the bid. No explicit turnover or net worth threshold is listed; ensure financial statements are current and align with IRDA/PSU tender norms.
Where can I find HAL aviation insurance tender guidelines
Guidelines appear in HAL’s tender terms and the attached ATC/Compliance Statement document. Ensure you submit the signed compliance form, IRDA license, and appropriate representations; consult HAL’s procurement portal for the official, post-release instructions.