Reinsurance of the Industrial all Risks Insurance Tender

• Country: Philippines
• Summary: Reinsurance of the Industrial all Risks Insurance of the National Grid Corporation of the Philippines
• PHT Ref No: 137957052
• Deadline: 08 Apr 2026
• Financier: Self Financed
• Purchaser Ownership: Government
• Tender Value: PHP 318216448.40
• Notice Type: Tender
• Document Ref. No.: 2026-GSIS-CB-092
• Purchaser's Detail:
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• Description:
• Tender are invited for Reinsurance of the Industrial All Risks Insurance of the National Grid Corporation of the Philippines
  Procurement Mode : Public Bidding
  Classification : Goods
  Category : Services
  Contract Duration : 0 Day/s
  Budget for the Contract : PHP 318,216,448.40
  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 Reinsurance of the Industrial All Risks Insurance of the National Grid Corporation of the Philippines, as per GSIS Technical Specifications
  Procurement Reference Number (PRN) 2026-GSIS-CB-092
  
  Approved Budget for the Contract (ABC) Five Million Three Hundred Forty-Five Thousand Three Hundred Ninety US Dollars and Sixty-One Cents (USD5,345,390.61)*, 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
  
  (*For the purpose of compliance with the PhilGEPS posting requirement, the amount to be used is Php318,216,448.40 based on the exchange rate (USD1.00 = Php59.5310) posted in BSP-s Reference Exchange Rate Bulletin dated 13 March 2026. Bid Prices shall be quoted in the same currency (USD or US$) as the ABC.)
  
  
  Below are the details of the Project:...
• Documents:

 Tender Notice