Tender For Engagement Of Insurer For Assets & Properties Of Dnp Limited, Dibrugarh-Assam

Tender For Engagement Of Insurer For Assets & Properties Of Dnp Limited--- 1 Industrial All Risk Policy 2 Basic Premium 3 STFI Premium 4 Earthquake Premium 5 Terrorism Premium 6 Add On Premium 7 Designation Of Property Clause 8 Local Authority Clause 9 Reinstatement Value Clause 10 Architects, Surveyors and Consulting Engineers Fees upto 7.5% of the claim amount maximum of INR 5 Crs each & every loss and in aggregate 11 Debris removal clause upto 10% of claim amount subject to a maximum of INR 5 Crs each & every loss and in aggregate 12 72 hours clause 13 Claim Preparation Cost Upto 5 crore 14 Forest Fire 15 Leakage & Overflowing maximum of INR 5 Crores for each and every loss 16 Leak Search Costs INR 5 Crores for each and every loss. 17 Exploratory Cost INR 5 Crores for each and every loss. 18 Shut Down/Start up Cost INR 5 Crores for each and every loss 19 Expediting expenses including express freight and airfreight INR 5 Crores for each and every loss. 20 Loss Minimization Expenses INR 5 Crores for each and every loss 21 Escalation @ 5% (5% of the Value of Fixed Assets other than Stocks) 22 Omission to Insure addition, alteration and extension (5% of the Value of Fixed Assets other than Stocks) 23 Immediate Repairs INR 5 Crores for each and every loss. 24 Civil Authority Clause INR 10 Crores for each and every loss. 25 Third Party Liability on account of Collapse of pipeline/broilers/pressure vessels/gas compressors INR 5 Crores for each and every loss. 26 legal liability (liability under contractexcepted) INR 5 Crores for each and every loss. 27 Extinguishing Expenses/ Firefighting expense- 5% of Sum Insured subject to Maximum of Rs. 5cr. 28 Involuntary betterment / Technological improvement-5% of Sum Insured subject to Maximum of Rs. 5cr. 29 Obsolete equipment / spare parts- 5% of Sum Insured subject to Maximum of Rs. 5cr 30 Decontamination and cost of clean up-5% of Sum Insured subject to Maximum of Rs. 5cr. 31 Temporary Removal for repair/ refurbishment-5% of Sum Insured subject to Maximum of Rs. 5cr. 32 Goods held in Trust-Upto 5 cr 33 OEM part-Upto Rs. 5cr. 34 On Account Payments Upto 70% on surveyors recommendation 35 Auditors fees- Upto INR 5 Cr. 36 Additional increased cost of working- Upto INR 5 Cr. 37 Extension to cover Customers’ premises @20% of BI sum insured on named basis 38 Extension to cover loss due to accidental failure of Public utilities @17% of BI sum insured- upto INR 5 Cr. 39 Prevention of Access 28 days over & above policy excess- upto INR 5 Cr. 40 Machinery Breakdown 41 Fire Loss of Profit 42 Machinery Loss of Profit 43 Control of Damaged Property 44 Expiration 45 Minor works/Property in course of construction Up to INR 5 Crs 46 Primary & Non-contributory 47 Margin Clause 48 Automatic Capital Addition without additional premium Up to INR 5 Crs 49 Deliberate Damage Up to INR 5 Crs 50 Automatic Reinstatement without additional Premium Up to INR 5 Crs 51 Offsite Premises Up to INR 5 Crs 52 Impact Damage due to Insured’s own Rail/Road Vehicles, Fork lifts, Cranes, Stackers and the like and articles dropped therefrom - Inbuilt Cover under IAR 53 Unrepaired Damage - Up to INR 5 Crs 54 Restoration of Record, Plans & Documents Up to INR 5 Crs 55 Land Stabilization Cost Up to INR 5 Crs 56 Landscaping Costs following Damage Up to INR 5 Crs 57 Leakage of Firefighting Equipment/Accidental of Gas Flooding System Up to INR 5 Crs 58 Demolition & increased cost of construction Up to INR 5 Crs 59 Destruction of Sound Property Up to INR 5 Crs 60 Cost of Clearing of Drains Up to INR 5 Crs 61 Crane, Fire Brigade Up to INR 5 Crs 62 Employee Personal Property/Effects Up to INR 5 Crs 63 Additional Expenses of Rent for Admin Block Only Up to INR 5 Crs 64 Sprinkler Upgrading Cost Up to INR 5 Crs 65 Dismantle costs Up to INR 5 Crs 66 Accidental Damage Cover Up to INR 5 Crs 67 Foreign/Indian Experts Visits Expenses Up to INR 5 Crs 68 Outbuilding Clause Up to INR 5 Crs 69 Green Clause Up to INR 5 Crs 70 Suppliers Premises Extension for named Supplier Up to 20% of BI Sum Insured for FLEXA Perils & AOG Perils 71 Overhaul/Maintenance/Shut Down - Up to INR 5 Crs 72 Delay in Repair Up to INR 5 Crs 73 Alternative Basis Clause 74 New Unit Clause 75 Nominated and Adjuster Clause 76 Delayed Indemnity Period up to 6 months 77 Aggravation Clause 78 Unoccupancy Clause Up to 30 Days 79 NON-INVALIDATION CLAUSE 80 NON - VITIATION CLAUSE 81 PLI Act Policy 82 Annual Premium 83 Commercial General Liability Policy 84 Basic Premium 85 Defense Cost - Full Policy Limit 86 General Liability 87 Completed Operation Cover 88 Personal and Advertising Injury Cover - Up to 50% of LOI 89 Medical Expenses Cover - Up to INR 5 Lakhs per person 90 Damage to Premises Rented to Insured - Full Policy Limit 91 Fire Damage - Up to 50% of LOI 92 Act of God Perils Extensions – Full Policy Limit. 93 Food & Beverages Extension – Full Policy Limit 94 72 Hours Sudden and Accidental Pollution Extension including clean up expenses - Full Policy Limit 95 Terrorism Legal Liability Extension – Up to 50% of LOI 96 Cross Liability 97 Tenant Legal Liability 98 Effluent Discharge Extension: upto 15 kms 99 Evacuation Expenses - Up to 50% of LOI 100 Cover for Contractors and Sub-Contractors 101 Non-owned Hired Automobile Liability Extension – Up to 50% of LOI 102 Additional Insured Clause 103 Waiver of Subrogation where required by Contract 104 Travel of executive for non manual work. - Up to 50% of LOI 105 Property under care, custody, and control cover – Up to INR 5 Crs. 106 No designated premises (“All premises leased, owned, rented and occupied by the Insured will be covered under this Policy 107 Claim Series Clause 108 Coverage for minor/civil work repair and renovation – Up to 50% of LOI 109 Control Group Clause 110 Transportation Legal liability extension including Pipeline - Full Limit 111 Incidental medical malpractice extension - Up to 50% of LOI 112 Major damage caused to critical equipments like compressor,engine due to cause like fire, explosions etc. which can hamper in revenue flow to the organization or add process downtime leading to huge financial loss. 113 Non-Cancellable Clause 114 Mitigation Expenses, Cleaning costs – Up to INR 5 Crs. 115 Tools and Equipment including Cranes & forklift Extensions – Up to INR 5 Crs 116 Valet Parking coverage – Up to INR 5 Crs. 117 Garage Keepers Liability Coverage – Up to INR 5 Crs. 118 Primary & Non – Contributory 119 Extended Reporting Period - 90 days at Nil Premium and for 365 days 50% of Annul Premium. 120 Technical Colaborators Extension

Sr No	CorrigendumDate	Corrigendum	CorrigendumType	NewSubmissionDate
1	29-03-2023	Corrigendum1	Technical Bid	03-04-2023
2	30-03-2023	Corrigendum2	Other	03-04-2023

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