Motor Insurance Service - Comprehensive Motor Insurance Policy for newly procured 01 No Hyundai Aur
Airports Authority Of India
CHENNAI, TAMIL NADU
Posted:
10 January 2025
Closed:
20 January 2025
GEM
GEM
Airports Authority of India Salem Insurance Tender 2026 Comprehensive Motor Insurance Renewal 2500 CC+ at Salem Airport
Bid Publish Date
16-Jul-2026, 7:51 pm
Bid End Date
27-Jul-2026, 10:00 am
Value
₹82,674
Location
Progress
Issue16-Jul-2026, 7:51 pm
AwardPending
Quantity
1
Bid Type
Two Packet Bid
Key Highlights
- • Scope includes renewal of comprehensive motor insurance for a single aircraft vehicle above 2500 CC at Salem Airport
- • Estimated value ₹82,674 indicates a relatively small renewal policy with standard risk cover
- • 25% contract quantity/duration adjustment clause provides flexibility before contract award
- • No BOQ items published; focus on policy terms, coverage, and insurer credibility
- • ATC terms allow scope adjustments up to 25% post-issuance with provider consent
Categories
3
Tender Overview
- Organization: Airports Authority Of India (AAI) – Salem Airport, Tamil Nadu.
- Product/Service: Renewal of Comprehensive Motor Insurance for 01 aircraft vehicle above 2500 CC.
- Location: Salem, Tamil Nadu (636001).
- Estimated Value: ₹82,674.
- Key differentiator: Renewal of a focused, high-engine-displacement aircraft support vehicle insurance with standard comprehensive cover.
- Unique aspect: No BOQ items exist; tender centers on policy renewal terms and standard motor insurance coverage for aviation support vehicle.
- Context: Part of routine insurance management for AAI fleet at Salem Airport to ensure continuous risk transfer and compliance with civil aviation asset protection.
- Deadline/Timelines: Not disclosed in the data; bidders should confirm renewal date and policy period during submission.
- Keywords: tender in Salem, Airports Authority Of India procurement, motor insurance renewal Tamil Nadu.
Technical Specifications & Requirements
- No technical specifications were published.
- Implicit requirements include:
- Renewal of Comprehensive Motor Insurance for a single aircraft vehicle exceeding 2,500 CC; policy to cover third-party liability, own damage, personal accident, and theft where applicable.
- Ensure compliance with aviation asset insurance norms and insurer accreditation for government-related automotive risk.
- While no BOQ exists, bidders should prepare standard motor insurance documents, risk pricing, and policy inclusions suitable for an aircraft support vehicle.
- Emphasis on insurer credibility, settlement turnaround, and hazard coverage appropriate to airport operations.
Terms, Conditions & Eligibility
- EMD: Not specified in the data; bidders must verify if EMD is required during submission.
- Experience: No explicit experience criteria listed; bidders should meet general government motor insurance renewal capabilities for aviation assets.
- Delivery/Activation: Renewal alignment with policy start date; confirmation of coverage period is essential.
- Payment terms: Not disclosed; bidders should seek clarity on premium payment timelines upon award.
- Documents: Prepare standard motor insurance documents, previous policy copies, vehicle registration, and insurer authorization letters if required.
- ATC/ATC terms: Buyer added terms mention quantity/contract duration adjustments up to 25%; ensure readiness for scope alterations within this limit.
- Warranty/Penalties: Not specified; bidders should inquire about claim settlement timelines and service levels for airport operations.
Key Specifications
-
Policy type: Comprehensive motor insurance renewal for 1 aircraft vehicle >2500 CC
-
Estimated value: ₹82,674
-
Coverage expectations: third-party liability, own damage, passenger/driver personal accident, theft (subject to policy terms)
-
No BOQ; renewal-focused documentation and insurer credibility essential
-
Eligibility: aviation asset vehicle insurer with governance compliance
Terms & Conditions
-
Policy renewal for one aircraft vehicle above 2500 CC, Salem Airport
-
25% quantity/duration adjustment allowed prior to contract issuance
-
Verify EMD requirements and submission documents during bid
-
Provide standard motor insurance documentation and prior policy history
Important Clauses
Payment Terms
Not specified; bidders must confirm premium payment timelines and any advance or out-of-pocket costs upon bid submission
Delivery Schedule
Policy renewal to align with renewal date; bidder to confirm start date and policy period during submission
Penalties/Liquidated Damages
Not specified; bidders should inquire about settlement timelines and SLA for claims in airport operations
Bidder Eligibility
-
Experience in renewing motor insurance for aviation/assets vehicles
-
Financial stability to support premium payments and claim handling
-
Authorized insurer or broker with valid registration and certifications
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - Renewal of Comprehensive Insurance policy of 01 No ACFT Vehicles belonging to AAI at Salem Airport; Above 2500 CC
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Salem
Delivery Pincodes
636309
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ramesh Gurunathan | 636309,salem Airport, Kamalapuram | Salem | Tamil Nadu | 636309 | Project / Lumpsum Based | - | Number of vehicles to be insured : 1 Total Sum Insured : 25022911 |
Authority Records
MINISTRY OF CIVIL AVIATIONAIRPORTS AUTHORITY OF INDIA
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Bid Preparation
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Document Filing
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Documents 5
GeM-Bidding-9619417.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
1
GST certificate
2
PAN card
3
Experience certificates related to motor insurance renewals for aviation assets
4
Financial statements or auditable proof of financial stability
5
Previous motor insurance policy copy and renewal history
6
Insurance company authorization/agency letters (OEM if required)
7
Any existing risk assessment reports (airport vehicle)
Frequently Asked Questions
Key insights about TAMIL NADU tender market
How to bid for the motor insurance renewal tender in Salem?
Bidders should submit standard motor insurance renewal documents, previous policy details, GST and PAN, financial statements, and insurer authorizations. Confirm coverage for >2500 CC aircraft vehicle, third-party liability, own damage, and personal accident. Ensure compliance with Airports Authority of India renewal procedures and ATC terms.
What documents are required for the AAI motor insurance renewal in Tamil Nadu?
Required documents include GST certificate, PAN card, previous renewal policy, vehicle registration, insurer authorization, and any audit or financial statements. Supply proof of experience in aviation asset insurance renewals and ensure policy aligns with airport operation risk standards.
What is the estimated value for the Salem motor insurance renewal?
The estimated value is ₹82,674 for renewal of a single aircraft vehicle above 2500 CC at Salem Airport. Bidders should price the premium accurately, including taxes, and present a compliant policy quotation with coverage as per standard motor insurance.
What coverage is expected in the comprehensive motor insurance renewal?
Expect standard comprehensive coverage: third-party liability, own damage, passenger/driver personal accident, and theft where applicable. Verify inclusions for airport operations and confirm policy limits, deductibles, and claim settlement timelines with the insurer prior to submission.
What are the ATC terms for quantity/duration adjustments in this tender?
The buyer may increase or decrease contract quantity or duration up to 25% at bid issue and after contract issuance, with consent of the service provider. Ensure readiness to adjust coverage scope without compromising renewal timelines.
How to verify EMD requirements for the AAI Salem motor insurance tender?
EMD details are not explicit; bidders should verify whether an EMD is required in the bid documents. Prepare to provide any refundable security as per tender norms or confirm exemption with the issuing authority prior to submission.
Who is eligible to bid for aviation asset motor insurance renewals in Tamil Nadu?
Eligible bidders include authorized insurers or brokers with valid registrations, demonstrated experience in aviation asset insurance renewals, and the ability to deliver efficient claim settlement and renewal assistance for airport vehicles.
When should renewed motor insurance coverage commence at Salem Airport?
Renewal should begin on the policy start date specified by AAI; bidders must confirm the exact start and end dates during bid submission to avoid coverage gaps for the Salem Airport vehicle.
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Documents 5
GeM-Bidding-9619417.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS