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Airports Authority Of India Marine and Transit Insurance Tender South Delhi 2025 - Inland Transit & Make in India 50% Local Content

Bid Publish Date

29-Dec-2025, 10:46 am

Bid End Date

19-Jan-2026, 11:00 am

EMD

₹15,993

Value

₹7,99,654

Location

SOUTH DELHI , DELHI

Progress

Issue29-Dec-2025, 10:46 am
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Categories 2

CONTRACT OF TRANSPORTATION INSURANCE SERVICE

Tender Overview

Airports Authority of India (AAI) invites bids for Marine and Transit Insurance Services covering Inland Transit; located in SOUTH DELHI, DELHI. Estimated contract value is ₹799,654.00 with an EMD of ₹15,993.00. The procurement scope centers on inland transit insurance across land, sea, and air transport modalities. The bid includes a 25% variance allowance for contract quantity or duration at issue, and there is a strong emphasis on Make in India with a minimum 50% local content. OEM certification and local content declarations are mandatory if the bid value exceeds ₹10 Crore. The absence of a BOQ indicates a service- and policy-based insurance tender rather than goods quantity.

Technical Specifications & Requirements

  • Insurance service category: Inland transit coverage under Marine and Transit Insurance terms for multi-modal transport (land, sea, air)
  • Estimated contract value: ₹799,654.00; EMD: ₹15,993.00
  • Variance clause: Quantity or duration may be increased/decreased by up to 25% at contract issue and post-issuance
  • Make in India preference: Class 1 local supplier certification required; minimum 50% local content; OEM declaration of local value addition locations
  • Compliance notes: Assignment/sub-contracting require prior written consent; bidders remain jointly liable with assignee/sub-contractor
  • Brand/OEM requirements: If specified, OEM authorizations must accompany bid; statutory audits required for high-value contracts
  • Geographic scope: South Delhi, Delhi region; broader inland transit coverage implied by insurance scope

Terms, Conditions & Eligibility

  • EMD: ₹15,993.00 to be submitted as per bid terms
  • Local content: Minimum 50% local content; OEM must certify percent local content and locations of value addition
  • Purchase preference: Class 1 local supplier for tenders under ₹200 Crore; declaration requiring certification for high-value bids (>₹10 Crore) by statutory auditors or CA/Cost Accountant
  • Assignment/Sub-contracting: Not allowed without prior written consent; ultimate liability remains with seller
  • Delivery/implementation notes: Not specified; contract flexibility allows up to 25% quantity/duration changes
  • Documentation readiness: GST registration, PAN, OEM authorizations, financial statements, experience certificates, and EMD submission as part of bid readiness

Key Specifications

  • EMD amount: ₹15,993.00

  • Estimated contract value: ₹799,654.00

  • Local content requirement: 50% minimum for Class 1 local supplier

  • Quantity/duration adjustment: up to 25% at contract issue and post-issuance

  • No BOQ items; service-based insurance scope across inland transit (land/sea/air)

Terms & Conditions

  • 50% local content requirement with OEM certification for Make in India bias

  • 25% contract quantity/duration variation allowed

  • Assignment and sub-contracting require prior written consent from the buyer

Important Clauses

Payment Terms

Not explicitly stated; EMD of ₹15,993 due at bid submission; payment terms to be clarified in contract.

Delivery Schedule

Not detailed; contract allows up to 25% variation in quantity/duration at issue and post-issuance.

Penalties/Liquidated Damages

Not specified in available data; potential risk—verify LD terms in final tender document.

Bidder Eligibility

  • Must meet Make in India 50% local content requirement with OEM certification

  • Experience in providing marine and transit insurance services for inland transport

  • Financial capacity evidenced by recent financial statements and audit reports

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for marine and transit insurance services

4

Financial statements (last 2-3 years) demonstrating financial capacity

5

EMD submission proof (online or DD as applicable)

6

Technical bid documents outlining insurance scope and service levels

7

OEM authorization / declaration of local content (50% minimum) with locations of value addition

8

Any statutory auditor/cost accountant certification for local content (if bid value > ₹10 Crore)

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for Inland Transit insurance tender in Delhi with AAI?

Bidders should prepare EMD of ₹15,993, obtain GST and PAN, compile experience certificates for transit insurance services, and secure OEM authorizations. Ensure compliance with Make in India 50% local content and submit OEM-local content declarations. Include financial statements and technical bid documents as part of the submission.

What documents are required for AAI Inland Transit insurance bid in Delhi?

Required documents include GST certificate, PAN card, experience certificates in marine transit insurance, financial statements, EMD proof, technical bid, OEM authorizations, and 50% local content declaration with locations of value addition; auditors may certify local content for bids above ₹10 Crore.

What are the key technical specifications for the Inland Transit insurance tender?

The tender covers inland transit across land, sea, and air with an estimated value of ₹799,654.00 and EMD ₹15,993.00. A 25% quantity/duration variation is allowed, and class 1 local supplier preference applies with 50% local content; no BOQ items are listed.

When is the delivery or activation deadline for the AAI insurance contract?

Due to the absence of explicit dates in the data, consult the official tender notice for the exact contract award and delivery schedule; however, a 25% variability margin exists for quantity or duration post-issue.

What are the Make in India requirements for this bid in Delhi?

Bidders must declare at least 50% local content with OEM certification detailing value-add locations; for bids > ₹10 Crore, the local content declaration requires statutory auditor or CA certification per the Make in India policy.

What are the eligibility criteria for bidders in this AAI tender?

Eligibility includes experience in marine/transit insurance, demonstrated financial stability via recent statements, GST and PAN validity, and adherence to local content requirements; consent for any assignment/sub-contracting must be obtained in writing from the buyer.

What documents confirm EMD submission for the AAI insurance bid in Delhi?

EMD of ₹15,993 should be documented with payment receipt or bank guarantee per bid terms; ensure submission alongside GST, PAN, and technical bid; the bid package must reflect compliant EMD proof to avoid rejection.