Kerala State Beverages Corporation Limited Tender

Work Description - Kerala State Beverages M And M Corporation Limited Invites Two Part Tenders From General Insurance Companies For The Renewal Of Standard Fire And Special Perils Policy For Fl01 Outlets Of Ksbc For The Period Of One Year

The Kerala State Beverages Corporation Ltd (KSBC) invites sealed tenders from General Insurance Companies for the renewal of its Standard Fire and Special Perils Policy covering its 282 FL-01 Outlets across Kerala. This open tender (Tender ID: 2025_KSBC_746070_1, Reference No: KSBC/12485/2023-SEC2) requires a two-part submission: a technical proposal and a financial bid. The tender period is one year, with a ₹50,000 EMD (non-refundable) and a ₹2,500 tender fee. Bidders must be registered under the Insurance Act, 1938, have at least 10 years' experience in general insurance for organizations with a turnover exceeding ₹500 crore in the last three fiscal years, and possess a valid PAN and GST registration. A registered office or branch office must be located in Kerala. Submissions must be made online by 5:00 PM on March 20, 2025, with bids opening at 5:00 PM on March 21, 2025, at BEVCO Tower, KSBC, Thiruvananthapuram. Detailed eligibility criteria are outlined in the tender document, downloadable from [Insert Link to Tender Document] between 11:00 AM on March 6, 2025, and 5:00 PM on March 20, 2025. The Chairperson and Managing Director of KSBC is the tender inviting authority.