2026 Gsis Property & Engineering Catastrophe Excess of Loss Tender

Notice for 2026 Gsis Property & Engineering Catastrophe Excess of Loss Treaty in Philippines. The reference ID of the tender is 137247713 and it is closing on 26 Mar 2026.

  • Country: Philippines
  • Summary: 2026 Gsis Property & Engineering Catastrophe Excess of Loss Treaty
  • PHT Ref No: 137247713
  • Deadline: 26 Mar 2026
  • Financier: Self Financed
  • Purchaser Ownership: Government
  • Tender Value: PHP 268907587.36
  • Notice Type: Tender
  • Document Ref. No.: 2026-GSIS-CB-043
  • Purchaser's Detail:
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  • Description:
  • Tender are invited for 2026 GSIS Property & Engineering Catastrophe Excess of Loss Treaty
    Procurement Mode : Public Bidding
    Classification : Goods
    Category : Services
    Contract Duration : 0 Day/s
    Budget for the Contract : PHP 268,907,587.36
    Description : 1) The Government Service Insurance System (GSIS), through the GSIS Bids and Awards Committee Cluster 5 for Reinsurance (GBAC Cluster 5), invites bidders to apply for eligibility and bid for -

    Procurement Project / Brief Description 2026 GSIS Property & Engineering Catastrophe Excess of Loss Treaty, as per GSIS Technical Specifications
    Procurement Reference Number (PRN) 2026-GSIS-CB-043

    Approved Budget for the Contract (ABC) Two Hundred Sixty-Eight Million Nine Hundred Seven Thousand Five Hundred Eighty-Seven Pesos and Thirty-Six Centavos (Php268,907,587.36), exclusive of all applicable taxes
    Bids received in excess of the ABC shall be automatically rejected at bid opening, or during the bid evaluation.
    Funding Source GSIS Corporate Operating Budget for CY 2026

    Below are the details of the Project:

    Treaty Structure
    Layer 1 Php2,000,000,000.00 xs Php8,000,000,000.00
    Layer 2 Php2,000,000,000.00 xs Php10,000,000,000.00
    Layer 3 Php2,000,000,000.00 xs Php12,000,000,000.00
    TOTAL Php6,000,000,000.00 xs Php8,000,000,000.00
    Estimated Gross Net Premium Income (EGNPI) Php5,685,149,838.56
    Contract Period 12 Months from the date to be stated in ...
  • Documents:

 Tender Notice

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2026 Gsis Property & Engineering Catastrophe Excess of Loss Treaty - Philippines Tender

The GOVERNMENT SERVICE INSURANCE SYSTEM, a Government sector organization in Philippines, has announced a new tender for 2026 Gsis Property & Engineering Catastrophe Excess of Loss Treaty. This tender is published on PhilippinesTenders under PHT Ref No: 137247713 and is categorized as a Tender. Interested and eligible suppliers are invited to participate by reviewing the tender documents and submitting their bids before the deadline on 2026-03-26.

The estimated tender value is PHP 268907587.36, and full details, including technical specifications and submission requirements, are provided in the official tender documents. Ensure all submissions meet the criteria outlined to be considered for evaluation.

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