Ms. Vishakha Email - vishakha@rathi.com Mob. - +91 9318424705 Mr. Devendra Singh Email - devendrasingh1@rathi.com Mob. - +91 7011190496 Mrs
Issued by Punjab & Sind Bank · via Punjab & Sind Bank — Tenders
- Published
- 17 Oct 2026
- Closes
- 28 Oct 2026
- Reference
- psb-2150_2026101610572564342pdf
- Location
- India
- Sector
- Financial & Professional Services
At a glance
Punjab & Sind Bank in India has published a request for proposals in financial & professional services: “Ms. Vishakha Email - vishakha@rathi.com Mob. - +91 9318424705 Mr. Devendra Singh Email - devendrasingh1@rathi.com Mob. - +91 7011190496 Mrs”. Submissions close on 28 October 2026, 11 days from today. Quote reference psb-2150_2026101610572564342pdf in any correspondence with the buyer. One document is attached to this notice. FreeTender has recorded 84 notices from this buyer since 2026, 22 of them currently open. There are 224 open financial & professional services notices in India on FreeTender. Bids are submitted to the buyer through Punjab & Sind Bank — Tenders, not through FreeTender.
Details
REQUEST FOR PROPOSAL
For
STANDARD FIRE AND SPECIAL PERILS POLICY, COMMERCIAL GENERAL LIABILITY, BURGLARY & MISCELLANIOUS INSURANCE POLICY FOR THE PERIOD 13th November 2026 to 12th November 2027.
RFP NO: PSB/PREM/INS/26-27/01
Dated: 15/10/2026
Issued by: Punjab & Sind Bank
Head Office Premises Department Ground Floor, NBCC Office Block Plate B, Block-3 East Kidwai Nagar, New Delhi 110023.
1 Contents
Disclaimer:- ......................................................................................................................................... 3 1. Schedule of Invitation ................................................................................................................... 4 2. Introduction ................................................................................................................................. 4 3. Response Format (Annexure 1 & 2)................................................................................................ 4
4. Address for communication: .......................................................................................................... 5
5. Seeking Clarifications on this RFP , Please contact the following persons:- ........................................ 5 6. Proposal Instructions .................................................................................................................... 5
7. Eligibility Criteria: - ....................................................................................................................... 6
8. Process for Evaluation of Bids ........................................................................................................ 7
9. Important Terms: ....................................................................................................................... 7
10. Validity of Bids ............................................................................................................................ 7 11. Directives/Conditions for Insurance policies ................................................................................ 7
12. Bank reserves the right to: ............................................................................................................ 8
13. Bid Submission ............................................................................................................................. 9 14. Bidder warranties ....................................................................................................................... 9 15. Confidentiality ............................................................................................................................ 9 16. Financial documents ................................................................................................................. 10 17. Selection criteria. ....................................................................................................................... 10 18. Termination/or suspension of evaluation process ....................................................................... 10 19. Other Rights .............................................................................................................................. 10 20. Responsibility for Costs .............................................................................................................. 10 21. Non-Reliance by Bidder ............................................................................................................. 10 22. Incorporation of Responses into agreement ................................................................................ 10 23. Precedence of Documents ........................................................................................................... 10 24. Late Bids .................................................................................................................................... 11 25. Termination for Default(S) ......................................................................................................... 11 26. Consequences of Termination ..................................................................................................... 11
27. Termination for Convenience: .................................................................................................. 12
28. Signing of Pre-Contract Integrity Pact (Annexure-3) .................................................................... 12 29. Non-Disclosure Agreement (Annexure-4) .................................................................................. 13 30. Dispute Resolution Mechanism ................................................................................................... 14 31. Limitation Of Liability ................................................................................................................ 15
31. Jurisdiction: ............................................................................................................................... 15
32. Ownership and Retention of Documents: ..................................................................................... 16
33. Intellectual Property Rights: ....................................................................................................... 16
34. Compliance with Statutory and Regulatory Provisions: .............................................................. 16
2
35. Indemnity: ................................................................................................................................. 16
36. Force Majeure: Not to impair the performance of the Agreement. .................................................. 17
37. Notices: ..................................................................................................................................... 17
38. Authorized Signatory ...................................
Context for bidders
We hold 84 notices from Punjab & Sind Bank, going back to July 2026 — 22 of them still open. They buy mostly in Real Estate & Facilities, Construction & Infrastructure and IT & Telecom. There are 224 open Financial & Professional Services tenders in India. This one closes in 11 days.
More from this buyer
- Bank desires to acquire commercially approved premises on lease basis for Currency Chest, Kanpur, at ground floor for a minimum period of 25 years having upto…· closes 28 Oct
- Bank desires to acquire a premises on lease basis for a minimum period of 15 years having around 800 sq. ft· closes 4 Nov
- Request for Proposal for Procurement Installation, Commissioning and Maintenance of LCD Based Video Walls, Controller, Digital Podium and Other Related…· closes 24 Oct
- Requirement of 1(one) Strong Room door (with exhaust fan etc) in new premises of Branch Panj Grain Kalan, Dist· closes 19 Oct
- Request For Proposal (RFP) for Group Term Life Insurance (GTLI) coverage under Group Insurance Arrangement to Salary Accounts of Employees of Government…· closes 20 Oct
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Documents
- 2150_2026101610572564342.pdfDownload
Before you bid on this tender
A quick checklist to help you decide whether to bid and prepare a compliant submission for this financial & professional services opportunity. Always verify the details on the official source.
- Confirm the exact closing date and time (and time zone) on the official portal — deadlines are strict and can be revised by a corrigendum.
- Read the full notice and every attached document, including the scope, specifications and any bill of quantities or terms of reference.
- Check the eligibility criteria — prior similar experience, annual turnover, certifications and registrations — and make sure you qualify before investing effort.
- Prepare any earnest-money deposit (EMD) or bid security and the required formats early; missing or wrongly-formatted documents are a common cause of rejection.
- Note how bids must be submitted (online or physical), in what format, and whether a digital signature or portal registration is required.
- Watch for corrigenda and clarifications right up to the deadline — requirements and dates can change.
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