National Institute Of Technology Motor Insurance Service Tender 5500000 Above 2500 CC 2026
Bid Publish Date
05-Sep-2026, 12:53 pm
Bid End Date
18-Sep-2026, 3:00 pm
Location
Progress
Key Highlights
- • CRITICAL: Local presence requirement - service provider office in consignee's state
- • CRITICAL: 25% variation clause on contract quantity or duration (pre/post issuance)
- • CRITICAL: No BOQ items currently listed; review ATC for certificate specifics
- • CRITICAL: EMD amount not disclosed in data; verify in official documents
- • CRITICAL: Category targets motor insurance service for vehicles >2500 CC
- • CRITICAL: Certificates must be uploaded as per Bid Document, ATC, Corrigendum
- • CRITICAL: Provide documentation proving compliance with terms for eligibility
- • CRITICAL: No explicit technical standards in available data; rely on standard insurance regulatory requirements
Tender Overview
The National Institute Of Technology (NIT) Department of Higher Education invites a motor insurance service tender for vehicles exceeding 2500 CC, with an estimated value listed as 5500000. The procurement focuses on comprehensive motor insurance coverage managed by a service provider, with the requirement that the provider maintain an office within the consignee's state. The scope includes standard insurance services for potentially multiple vehicles, with a 25% flexibility clause on contract quantity or duration. This tender emphasizes local service presence and responsive policy administration, with submittal of complete certificates and documentation to prevent bid rejection.
Technical Specifications & Requirements
- Product/Service: Motor insurance service for vehicles >2500 CC under the Department of Higher Education.
- Estimated value: ₹5,500,000; quantity flexibility up to 25% per ATC adjustments.
- Location constraint: Service provider office must be located in the same state as the consignee; documentary evidence required.
- Clauses to note: Generic Clause 25% quantity/duration variation; lumpsum scope may allow 25% value increase with service provider consent.
- Documentation: Ensure upload of all certificates/documents sought in the Bid Document, ATC, and Corrigendum.
- BOQ: No items listed; no numeric itemization in the current BOQ.
- Category note: Motor Insurance Service for vehicles above 2500 CC; no explicit technical insurance standards stated in available data.
Terms, Conditions & Eligibility
- EMD: Not specified in the provided data; verify in official tender documents.
- Office requirement: Service provider must maintain an office in the same state as the consignee.
- Variation rights: Buyer may increase quantity or duration up to 25% at issue and post-issue; lumpsum contracts allow up to 25% scope/value with bidder consent.
- Certificates: Bidder must upload all required certificates and documents; failure may lead to rejection.
- ATC: Buyer has uploaded ATC; ensure review and compliance for eligibility.
- Documentation readiness: Prepare GST, PAN, financial statements, and relevant bid documents per Terms and Conditions to participate.
Key Specifications
-
Product/Service names: Motor insurance service for vehicles > 2500 CC
-
Estimated value: ₹5,500,000
-
Delivery/implementation: Not detailed in data; verify with official ATC
-
Standards/ Certifications: Not specified in available data; conform to regulatory insurance norms
-
Location: Service provider office required in the same state as consignee
Terms & Conditions
-
25% variation on contract quantity/duration at bid issue and post-issue
-
Office presence requirement: provider must have local state office
-
Upload all required certificates/documents; failure leads to rejection
-
EMD amount not disclosed; confirm in official tender documents
-
Lumpsum contracts may allow up to 25% value increase with consent
Important Clauses
Payment Terms
Not specified in current data; refer to official ATC for payment policy and milestones
Delivery Schedule
Not specified in current data; verify delivery/cover period in ATC and contract
Penalties/Liquidated Damages
Not specified; check ATC for LD/penalty provisions and performance bonds
Bidder Eligibility
-
Must have motor insurance service experience with relevant regulatory compliance
-
Must provide GST registration and PAN compliance
-
Must maintain a local office in the consignee state
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
5
Experience Required
2 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Motor Insurance Service - 5500000; Above 2500 CC
Delivery Details
Delivery Locations
1
Delivery Cities
Kurukshetra
Delivery Pincodes
136119
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Abhishek Graak | 136119,Director, NIT Kurukshetra, Stores and Purchase Section. Room No. - 304, 2nd Floor, Golden Jubilee Administrative Building, National Institute of Technology, Kurukshetra Haryana 136119 | Kurukshetra | Haryana | 136119 | Project / Lumpsum Based | - | Number of vehicles to be insured : 2 Total Sum Insured : 5500000 |
Authority Records
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Documents 6
GeM-Bidding-9850505.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
18-Sep-2026, 9:30 am
Opening Date
19-Sep-2026, 9:30 am
Categories
3
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Required Documents
GST certificate
PAN card
Experience certificates in motor insurance service
Financial statements (latest available)
EMD/Security deposit documentation (as specified in official ATC)
Technical bid documents and insurance service credentials
OEM authorizations or agency approvals (if applicable)
Proof of office in the same state as consignee
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid for motor insurance service tender in their state?
Bidders must submit GST, PAN, experience certificates, financial statements, and EMD as specified in the ATC. Ensure the service provider has a local office in the same state as the consignee and upload all required certificates with your bid.
What documents are required for motor insurance tenders in this case?
Required docs include GST certificate, PAN, insurance service experience certificates, latest financial statements, EMD details, technical bid documents, and OEM authorizations if applicable. Ensure office proof in the consignee state and ATC-compliant submissions.
What is the EMD amount for the NIT motor insurance tender 2026?
The EMD amount is not disclosed in the provided data. Confirm exact sum and payment method (DD/online) from the official ATC and Tender Documents before bidding.
What are the contract quantity variation terms for this tender?
The buyer may increase contract quantity or duration by up to 25% at the issue of the contract and again up to 25% post-issuance. Lump-sum contracts may allow a 25% increase in value with the service provider's consent.
What standards or certifications are required for motor insurance services?
Not specified in the available data. bidders should review the ATC for any regulatory insurance norms and ensure compliance with applicable local insurance regulations and provider accreditation.
What is the submission timeline for this NIT tender in 2026?
Exact submission deadlines are not provided here. Bidders must consult the official ATC and tender portal for opening/completion dates and schedule milestones.
How to prove local office presence for eligibility in this tender?
Provide documentary evidence of a registered office within the same state as the consignee, including address proof, supporting registrations, and authorization letters, as required by the ATC.
What happens if certificates are not uploaded with the bid?
Failure to upload required certificates and documents typically leads to bid rejection. Ensure all items listed in the Bid Document and ATC are attached before submission.