Tender Details

Country: Philippines
Summary: Reinsurance of the Industrial all Risks, Marine Hull for Power Barges and Sabotage & Terrorism Insurance of the National Power Corporation
PHT Ref No: 106214072
Deadline: 17 Sep 2024
Financier: Self Financed
Purchaser Ownership: Government
Tender Value: PHP 10357098.89
Notice Type: Tender
Document Ref. No.: 2024-GSIS-PB-036
Purchaser's Detail:
Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details. Login to see full purchaser details.
Login to see details
Description:
Tender are invited for Reinsurance of the Industrial All Risks, Marine Hull for Power Barges and Sabotage & Terrorism Insurance of the National Power Corporation
Procurement Mode : Public Bidding
Classification : Goods
Category : Services
Contract Duration : 0 Day/s
Budget for the Contract : PHP 10,357,098.89
Description : (2nd Bidding)

1. The Government Service Insurance System (GSIS), through the GSIS Corporate Operating Budget for CY 2024, intends to apply the sum of Ten Million Three Hundred Fifty-Seven Thousand Ninety-Eight Pesos and Eighty-Nine Centavos (Php10,357,098.89) being the ABC to payments under the contract for the Project Reinsurance of the Industrial All Risks, Marine Hull for Power Barges and Sabotage & Terrorism Insurance of the National Power Corporation, with the following details:

Assured National Power Corporation
Line Industrial All Risks, Marine Hull for Power Barges and Sabotage & Terrorism
Period of Insurance 12 Months from the date to be stated in the Notice to Proceed
Total Sum Insured
Gross Php 15,670,482,462.00
Retention Php 7,835,241,231.00
Facultative Php 7,835,241,231.00
Premiums
Gross Premiums (exclusive of VAT) Php 20,714,197.78
Retention Php 10,357,098.89
Facultative (ABC exclusive of VAT) Php 10,357,098.89

Relevant underwriting information shall be issued only to bidders who purchased the Bidding Documents.

Bids received in excess of...
Documents:

If you are registered member, kindly login to view full details of this tender notice:

Reinsurance of the Industrial all Risks, Marine Hull for Power Barges and Sabotage & Terrorism Insurance of the National Power Corporation - 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, Marine Hull for Power Barges and Sabotage & Terrorism Insurance of the National Power Corporation. This tender is published on PhilippinesTenders under PHT Ref No: 106214072 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 2024-09-17.

The estimated tender value is PHP 10357098.89, 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.