Reinsurance Coverage Property Damage Blowout Risk Tender Notice
Description
Provision of reinsurance coverage for property damage, OEE and blowout risk for 2026 through an international competitive bidding process under Single Stage-Two Envelope procedure. Technical and financial proposals are to be submitted in separate envelopes in accordance with the prescribed bidding procedure. Bid security of 3,291,097.00 is required and bid validity is 45 days. Bids will be opened at 11:30 AM. Pro Tip: This procurement covers insurance and reinsurance protection for property damage, operational extra expense, OEE and blowout risks, requiring compliant technical and financial proposals for specialized risk coverage.
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reinsurance coverage property damage blowout riskClosing Date: 14 Sep 2026
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