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Airports Authority Of India Motor Insurance Tender Krishna Andhra Pradesh 520001 4W 6W Equipment IRDA AAI 2026

Bid Publish Date

22-Feb-2026, 12:17 pm

Bid End Date

06-Mar-2026, 5:00 pm

Value

₹4,31,548

Location

KRISHNA , ANDHRA PRADESH

Progress

Issue22-Feb-2026, 12:17 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • IRDA registration certificate required for bidder eligibility
  • • Annexure-I price breakup submission for 19 vehicles/equipment
  • • Some vehicle entries under survey; renewal premium subject to Competent Authority approval
  • • Registration-exempted equipment entries require reference to prior insurance copies
  • • 25% quantity or duration adjustment cap at contract issue
  • • No BOQ items; emphasis on motor insurance for mixed CC classes

Categories 3

AGITATORS INSURANCE SERVICE TURBINE PUMPS

Tender Overview

Airports Authority Of India invites bids for motor insurance services covering 4 Wheeler, 6 Wheeler and equipment in Krishna, Andhra Pradesh (520001). Estimated value is ₹431,548 for the coverage of 19 vehicles/equipment. The scope includes vehicles/equipment with varying CC classes (4W–6W and above 2500 CC). Key differentiator is the inclusion of survey-adjusted premium acceptance pending Competent Authority approval at renewal. This tender emphasizes IRDA registration verification and a detailed price breakup submission for all 19 assets. The procurement aims to secure compliant insurers capable of handling equipment registrations exempted in some entries and non-exempted registrations in others, under a flexible quantity/duration clause.

Technical Specifications & Requirements

  • IRDA registration certificate must be uploaded (self-attested copies required).
  • Annexure-A undertaking must be signed and uploaded.
  • Annexure-I: price breakup must be submitted for 19 No’s of AAI Vehicles/Equipment.
  • Note: Sl. Nos. 16-19 (AAI vehicles) are under survey; quoted premium rates may be accepted subject to Competent Authority approval at renewal.
  • Sl. Nos. 01, 02, 03 & 11 are equipment with Registration Exempted; previous insurance copies may be attached for vehicle details.
  • No BOQ items are listed; emphasis on current policy renewal and risk coverage terms.

Terms, Conditions & Eligibility

  • EMD: Not explicitly stated in the data.
  • Quantity/Durations: Option clause allows +/- 25% quantity or duration change at contract issue and thereafter.
  • Delivery/Renewal Timing: Insurance policy renewal terms subject to approvals at renewal.
  • Documentation: Upload IRDA certificate, Annexures A and I; provide prior insurance references for exempted registrations.
  • Special Clause: Some entries under survey; acceptance of quoted premiums pending approval at renewal time.
  • Eligibility: IRDA-registered insurers with experience in motor insurance for diverse vehicle categories (4W, 6W, equipment) and ability to furnish price breakup for 19 assets.

Key Specifications

    • Category: Motor Insurance Service for 4 Wheeler, 6 Wheeler and Equipment
    • Vehicles/Equipment: 19 assets as per Annexure-I
    • Estimated value: ₹431,548
    • CC classes: 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC and equipment
    • Standards/Certifications: IRDA registration required; premium rates may be subject to Competent Authority approval at renewal
    • Special conditions: Some entries under survey; policy terms must align with renewal approvals

Terms & Conditions

  • Quantity/duration may adjust up to 25% at contract issue and thereafter

  • IRDA registration and Annexures A & I mandatory

  • Prices for 19 assets to be broken down in Annexure-I

  • Some vehicle entries are under survey; renewal approval required

  • Registration-exempted equipment entries rely on prior insurance copies

Important Clauses

Payment Terms

Not specified in provided data; terms to be clarified in final contract

Delivery Schedule

Policy renewal timing aligned to contract award and Competent Authority approvals

Penalties/Liquidated Damages

Not specified in provided data; to be defined in contract terms

Bidder Eligibility

  • IRDA registered general/motor insurer

  • Experience in motor insurance for 4W, 6W and equipment across diverse CC categories

  • Ability to submit Annexure-I price breakup for 19 assets and Annexure-A undertaking

Documents 6

GeM-Bidding-9011552.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Upload IRDA registration certificate (self-attested copies)

2

Upload signed Undertaking cum Declaration (Annexure-A)

3

Upload Price breakup (Annexure-I) for 19 vehicles/equipment

4

Attach previous insurance copies for Registration Exempted equipment entries

5

Any supporting documents demonstrating experience in motor insurance for 4W, 6W and equipment

Frequently Asked Questions

Key insights about ANDHRA PRADESH tender market

How to bid in the motor insurance tender in Krishna AP 2026?

Bidders must be IRDA-registered insurers and submit IRDA certificate copies, signed Undertaking cum Declaration (Annexure-A), and Annexure-I price breakup for 19 assets. Ensure capability to offer renewal terms subject to Competent Authority approval. Include prior insurance references for exempted equipment entries and upload all required documents in the bid portal.

What documents are required for the AAI motor insurance tender in Andhra Pradesh?

Required documents include IRDA registration certificate (self-attested), Annexure-A undertaking, Annexure-I price breakup for 19 vehicles/equipment, and prior insurance copies for registration-exempted equipment. Provide experience certificates and financial statements if requested by the portal and ensure GST/PAN details are ready.

What are the technical specifications for the AAI motor insurance contract in Krishna?

The tender covers 4W, 6W and equipment with CC classes 1001–1500, 1501–2500, and above 2500. The total estimated value is ₹431,548. Premiums for some entries are subject to renewal approvals; ensure coverage for survey-entered assets and adhere to IRDA standards.

When is the renewal approval required for the AAI insurance entries in this tender?

Premium quotes for Sl. Nos. 16–19 are subject to Competent Authority approval at renewal time. Bidder must anticipate renewal terms and align pricing to potential authority confirmation, ensuring readiness to adjust quotes if required.

What are the eligibility criteria for bidders in this AAI motor insurance bid?

Eligibility requires IRDA registration, ability to provide price breakup for 19 assets, and documentation of prior insurance references for equipment with registration exemptions. Demonstrate experience in insuring 4W, 6W and equipment, and comply with Annexures A and I.

What is the scope of vehicles/equipment covered under Annexure-I for AAI?

Annexure-I covers 19 vehicles/equipment including 4W, 6W and equipment entries. Sl. Nos. 01, 02, 03 & 11 are registration-exempted equipment; Sl. Nos. 16–19 are under survey and subject to renewal approval for premium acceptance.

What is the contract quantity/duration adjustment policy for this tender?

The buyer may increase or decrease the contract quantity or duration by up to 25% at contract issue and can further adjust by the same margin after issuance. Bidders must accept revised quantities/durations accordingly.

What is the location and scope of the AAI motor insurance procurement?

Procurement is for the Airports Authority of India in Krishna, Andhra Pradesh (520001), covering motor insurance services for 4W, 6W and equipment with emphasis on IRDA compliance and a detailed price breakup for 19 assets.