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Tender Notice for Motor Insurance Service - 3 Wheeler; 0 to 1000 cc in AHMEDABAD, GUJARAT

Bid Publish Date

15-Jan-2025, 3:00 pm

Bid End Date

25-Jan-2025, 3:00 pm

Progress

Issue15-Jan-2025, 3:00 pm
Technical22-01-2025 10:38:31
Financial
AwardCompleted

Development Commissioner (micro Small & Medium Enterprises) has released a public tender for Motor Insurance Service - 3 Wheeler; 0 to 1000 cc in AHMEDABAD, GUJARAT. Quantity: 1. Submission Deadline: 25-01-2025 15: 00: 00. Download documents and apply online.

Authority & Contact

Organization

Development Commissioner (micro Small & Medium Enterprises)

Technical Results

S.No Seller Date Status
1
OPTIMUM INSURANCE BROKING SERVICES PRIVATE LIMITED   Under PMA
22-01-2025 10:38:31

Financial Results

Rank Seller Price Item
L1
OPTIMUM INSURANCE BROKING SERVICES PRIVATE LIMITED( MSE Social Category:General )    Under PMA
Item Categories : Motor Insurance Service - 3 Wheeler; 0 to 1000 cc

Tender Data

Bid Details

Quantity

1

Bid Type

Two Packet Bid

Bid Validity

180 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Requirements

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Motor Insurance Service - 3 Wheeler; 0 to 1000 cc

Authority Records

MINISTRY OF MICRO, SMALL AND MEDIUM ENTERPRISES

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Documents 5

GeM-Bidding-7378560.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

3

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

Key insights about GUJARAT tender market

What are the eligibility requirements for this tender?

The eligibility requirements for bidders include being a registered entity in India and meeting the necessary experience and financial turnover stipulations as outlined in the tender documents. Those seeking exemptions must provide documentation proving their eligibility.

What certificates are required for this tender?

Bidders must submit various certificates, including those related to experience criteria and any other documents that support their compliance with the conditions outlined in the tender.

How can I register for participating in this tender?

To register for this tender, prospective bidders should ensure they are a registered entity and follow the registration process outlined in the tender documentation. This may involve submitting identity verification and business registration documents.

What formats are accepted for the documents?

The accepted document formats for submission include PDF and other formats specified in the submission guidelines of the tender documentation. All documents must be clearly outlined and submitted accordingly.

What are the technical specifications required?

Bidders are required to illustrate their capability in meeting the defined technical specifications for the motor insurance services. This may include references to relevant past projects and proven service delivery capabilities.

What quality standards must be met?

The tenders necessitate adherence to established quality standards for motor insurance services, including comprehensive coverage options and efficient claims processing procedures.

Are there compliance requirements to adhere to?

Yes, participating bidders must comply with relevant regulatory frameworks and guidelines set forth in the tender documents, ensuring all services meet the necessary standards.

What criteria will be used for testing?

The testing criteria will include evaluations based on adherence to technical and financial proposals, ensuring bidders can deliver according to the specified insurance service requirements.

What is the Earnest Money Deposit (EMD) for this tender?

Details regarding the EMD can be found in the tender documents, where bidders will find information on the required deposit as a part of their bid submission.

What are the performance security requirements?

Bidders must adhere to the performance security requirements outlined in the tender, ensuring that the necessary measures are in place to support guaranteed service delivery post-award.

What payment terms are included in the tender?

The payment terms will be detailed in the financial proposal section of the tender document. Bidders must ensure they understand payment milestones aligned with the services provided.

How will the price evaluation be conducted?

The price evaluation considerations will focus on the total value of bids submitted, allowing the buyer to select the proposal that offers the best overall value while meeting all specified requirements.

What methods of submission are allowed?

The submission methods include electronic submission through the designated online platform, following the two-packet bidding process as stipulated in the tender documentation.

What are the key timelines and deadlines for submissions?

Specific key timelines and deadlines can be found in the tender documentation. Bidders must ensure they are aware of all critical dates, including submission deadlines.

How does the evaluation and selection process work?

The evaluation and selection process will involve a thorough assessment of all submitted bids based on the established criteria, including technical capabilities and financial viability.

When will bidders be notified of the results?

Bidders will be notified of the results following the completion of the evaluation and selection process, as detailed in the tender documentation and subject to official communication protocols.

What benefits are available for Micro, Small, and Medium Enterprises (MSEs)?

MSEs may receive special considerations during the evaluation process, with provisions that promote ease of participation and encourage competitive advantages for these entities.

Are there any provisions for startups?

Yes, the tender details provisions that support startups, allowing them to participate more readily in the bidding process and potentially receive favorable evaluation outcomes.

How does this tender comply with 'Make in India' policies?

Participation in this tender adheres to the 'Make in India' policy framework, emphasizing the need for local content and promoting the involvement of domestic service providers in the insurance sector.

What local content and procurement rules apply?

Bidders must comply with local content and procurement rules as specified in the tender documentation, ensuring contributions to the local economy and alignment with government initiatives.