Progress
Airports Authority Of India announces a tender for Motor Insurance Service - 4 Wheeler; Above 2500 CC, Motor Insurance Service - 4 Wheeler; 1501 to 2500 CC in RAJKOT, GUJARAT. Quantity: 5. Submission Deadline: 19-05-2025 11: 00: 00. Last date to apply is approaching fast!
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 09-05-2025 17:38:34 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler; Above 2500 CC,Motor Insurance Service - 4 Wheeler; Above 2500 |
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Quantity
5
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - 4 Wheeler; Above 2500 CC , Motor Insurance Service - 4 Wheeler; 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
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Extended Deadline
19-May-2025, 5:30 am
Opening Date
19-May-2025, 6:00 am
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about GUJARAT tender market
The eligibility requirements include being a registered entity, holding valid licenses for insurance services, and possessing prior experience in managing motor insurance for vehicles above 2500 CC. Compliance with regulatory norms is a must, alongside the provision of financial stability evidence.
The technical specifications mandate certified documents outlining coverage details, policy limits, and exclusions. Bidders must comply with industry standards and quality benchmarks set by the governing authorities to ensure comprehensive service delivery.
The payment terms will typically involve upfront deposits and milestone payments throughout the policy's life. Bidders should provide detailed pricing structures, along with any additional fees to ensure full transparency in their financial proposals.
Documents can be submitted electronically through the designated online platform, and hard copies may also be requested in accordance with the tender requirements. Bidders must ensure all documents meet the acceptable formats provided in the tender guidelines to avoid disqualification.
Yes, there are specific benefits for Micro, Small, and Medium Enterprises (MSEs) within this tender, designed to promote their participation in government contracts. This aligns with initiatives encouraging local enterprises while supporting economic growth through competitive bidding processes.