Export Credit Guarantee Corporation Of India Limited motor insurance service for 4 Wheeler Mumbai Maharashtra 4W 1001-1500 CC 1501-2500 CC 2026
Export Credit Guarantee Corporation Of India Limited (ecgc)
MUMBAI, MAHARASHTRA
Bid Publish Date
05-Jun-2026, 10:49 am
Bid End Date
15-Jun-2026, 11:00 am
Value
₹2,00,000
Location
Progress
Quantity
1
Bid Type
Single Packet Bid
Export Credit Guarantee Corporation Of India Limited (ecgc) invites bids for Motor Insurance Service covering 4 Wheeler vehicles in the 1001 to 1500 CC and 1501 to 2500 CC categories, for delivery in MUMBAI, MAHARASHTRA. Estimated contract value is ₹200,000. The scope appears to target fleet insurance for EC GC C, with at least 1 vehicle referenced by category. The procurement hinges on ATC/SOW documents and a flexible volume clause up to 50% as per buyer terms, without BOQ items published. This tender emphasizes service continuity and risk coverage for government-related motor policies.
Product/service: Motor Insurance Service for 4 Wheeler vehicles
Categories: 1001-1500 CC and 1501-2500 CC
Estimated value: ₹200,000
Location: Mumbai, Maharashtra
Delivery: Insurance coverage timing per contract terms
Quality/Compliance: Follow standard motor insurance practices; ATC/SOW to govern specifics
Contract quantity/duration may be adjusted up to 50%
ATC and SOW documents are mandatory for scope clarification
No BOQ items published; rely on attached ATC/SOW for details
Payment terms to be defined in ATC/SOW; expect standard settlement after policy issuance
Delivery aligns with insurance policy issuance timelines and fleet coverage dates
Penalties, if any, to be specified in ATC; no LD stated in available data
Experience in motor insurance provision for fleets
Financial stability with verifiable turnover
Compliance with GST, PAN, and regulatory norms
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - 4 Wheeler; 1001 to 1500 CC, 1501 to 2500 CC
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Main Document
OTHER
OTHER
SCOPE_OF_WORK
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Export Credit Guarantee Corporation Of India Limited (ecgc)
MUMBAI, MAHARASHTRA
Airports Authority Of India ,rhq Nr - Rangpuri
Council Of Scientific And Industrial Research (csir)
HARIDWAR, UTTARAKHAND
Airports Authority Of India ,rhq Nr - Rangpuri
KANGRA, HIMACHAL PRADESH
Central Mine Planning And Design Institute Limited
RANCHI, JHARKHAND
Tender Results
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GST registration certificate
PAN card
Experience certificates in motor insurance provisioning
Financial statements or turn-over proof
EMD/Security deposit (amount not disclosed in tender data)
Technical bid documents and conformity with ATC/SOW
OEM authorizations (if applicable to insured fleet)
Key insights about MAHARASHTRA tender market
To bid, ensure eligibility for government motor insurance procurements in Maharashtra. Submit GST, PAN, financials, and motor insurance experience certificates. Attach ATC/SOW and any OEM authorizations. The contract allows up to 50% volume/duration adjustment; confirm with the buyer and provide fleet coverage details.
Required documents include GST registration, PAN, financial statements, at least one motor insurance project experience certificate, EMD documentation, technical bid, and OEM authorizations if fleet requires specific insurance products. Ensure all documents match the tender terms and SOW references.
The tender covers 4 Wheeler vehicles in two engine brackets: 1001-1500 CC and 1501-2500 CC. Bidders must provide insurance products that cover these categories, with policy terms aligned to government fleet requirements and the uploaded ATC/SOW.
The published estimated value is ₹200,000. Bidders should model premiums and coverage that fit this value while meeting minimum statutory requirements and the ATC/SOW scope for fleet insurance immediately upon award.
Delivery is tied to policy issuance timelines in Mumbai; payment terms will be defined in the ATC/SOW. Typically, government tenders require policy issuance before settlement and possibly milestones. Prepare for standard performance verification and timely premium remittance post-issuance.
Verify experience in motor insurance provisioning for fleets, ensure GST/PAN validity, and provide financial stability evidence. The tender allows up to 50% scope adjustment; confirm readiness to scale coverage if the buyer revises requirements during contract negotiations.
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Main Document
OTHER
OTHER
SCOPE_OF_WORK
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS