Reinsurance of the Industrial all Risks Insurance Tender
Notice for Reinsurance of the Industrial all Risks Insurance of the Government Service Insurance System in Philippines. The reference ID of the tender is 134626786 and it is closing on 18 Feb 2026.
Tender Details
- Country: Philippines
- Summary: Reinsurance of the Industrial all Risks Insurance of the Government Service Insurance System
- PHT Ref No: 134626786
- Deadline: 18 Feb 2026
- Financier: Self Financed
- Purchaser Ownership: Government
- Tender Value: PHP 6054531.29
- Notice Type: Tender
- Document Ref. No.: 2026-GSIS-CB-038
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- Description:
- Tender are invited for Reinsurance of the Industrial All Risks Insurance of the Government Service Insurance System
Procurement Mode : Public Bidding
Classification : Goods
Category : Services
Contract Duration : 0 Day/s
Budget for the Contract : PHP 6,054,531.29
Description : REBIDDING
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 Reinsurance of the Industrial All Risks Insurance of the Government Service Insurance System, as per GSIS Technical Specifications
Procurement Reference Number (PRN) 2026-GSIS-CB-038
Approved Budget for the Contract (ABC) Six Million Fifty-Four Thousand Five Hundred Thirty-One Pesos and Twenty-Nine Centavos (Php6,054,531.29), 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:
Assured Government Service Insurance System
Line Industrial All Risks Insurance
Period of Insurance From: 01 April 2026
To: 31 March 2027
Total Sum Insured
Gross Php8,822,632,117.62
Retention Php4,411,316,058.81
Facultative Php4,411,316,058.81
Premiums
Gross Premiums (exclusive of a... - Documents:
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CLICK HERE TO LOGINReinsurance of the Industrial all Risks Insurance of the Government Service Insurance System - Philippines Tender
The GOVERNMENT SERVICE INSURANCE SYSTEM, a Government sector organization in Philippines, has announced a new tender for Reinsurance of the Industrial all Risks Insurance of the Government Service Insurance System. This tender is published on PhilippinesTenders under PHT Ref No: 134626786 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 2026-02-18.
The estimated tender value is PHP 6054531.29, 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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