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Contract Bidding Open For Custom Bid for Services - HIRING AN AGENCY FOR COMPREHENSIVE INSURANCE COVERAGE OF VARIOUS ASSETS F in North Goa, GOA

Bid Publish Date

29-May-2025, 5:13 pm

Bid End Date

27-Jun-2025, 3:00 pm

Progress

Issue29-May-2025, 5:13 pm
Technical20-06-2025 13:07:07
Financial
Award16-Jul-2025, 12:15 am
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Quantity

1

Bid Type

Two Packet Bid

Categories 2

Goa Natural Gas Pvt Ltd announces a tender for Custom Bid for Services - HIRING AN AGENCY FOR COMPREHENSIVE INSURANCE COVERAGE OF VARIOUS ASSETS FOR FY 2025-2026 in North Goa, GOA. Quantity: 1. Submission Deadline: 27-06-2025 15: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Custom Bid for Services - HIRING AN AGENCY FOR COMPREHENSIVE INSURANCE COVERAGE OF VARIOUS ASSETS FOR FY 2025-2026

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GAS

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 16

GeM-Bidding-7904895.pdf

Main Document

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

BOQ Document

BOQ

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

OEM Annual Turnover

5

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

6

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

Corrigendum Updates

2 Updates
#1

Update

20-Jun-2025
#2

Update

20-Jun-2025

Technical Results

S.No Seller Date Status
1
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
20-06-2025 13:07:07
2
RELIANCE GENERAL INSURANCE COMPANY LIMITED   Under PMA
20-06-2025 14:19:37

Financial Results

Rank Seller Price Item
L1
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Custom Bid for Services - HIRING AN AGENCY FOR COMPREHENSIVE INSURANCE COVERAGE OF VARIOUS ASSETS F
L2
RELIANCE GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Custom Bid for Services - HIRING AN AGENCY FOR COMPREHENSIVE INSURANCE COVERAGE OF VARIOUS ASSETS F

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about GOA tender market

What are the eligibility requirements for comprehensive insurance coverage tenders?

The eligibility requirements for applicants include being a registered entity with valid GST and PAN, having a proven track record in providing insurance services, and possessing relevant licenses and certifications. Bidders must demonstrate experience in handling similar projects, particularly those involving government contracts.

What technical specifications are needed for insurance services tenders?

For participation in insurance services tenders, bidders need to provide evidence of their experience in the insurance sector, including profiles detailing company history. Proposed methodologies for asset evaluation and compliance with insurance regulations and standards should also be included.

What are the payment terms and conditions for the selected insurance agency?

The payment terms for the selected agency typically include milestones linked to service delivery, clear schedules of periodic payments, and provisions for performance-based incentives. Financial proposals should illustrate transparent payment structures that align with project deliverables.

How should one submit their bid for the tender?

Bids must be submitted electronically through the procurement portal in the required formats. It is essential that all mandatory documents are uploaded correctly, as non-compliance may lead to disqualification from the tender evaluation process.

Are there benefits for Micro, Small, and Medium Enterprises participating in this tender?

Yes, there are special provisions for Micro, Small, and Medium Enterprises (MSEs) as well as startups, which may include relaxed eligibility criteria and dedicated support during the evaluation process. Interested bidders are encouraged to highlight their MSE or startup status in their submissions for potential benefits.