Invitation to Bid - Motor Insurance Service - 6; 5883 in CHANDRAPUR, MAHARASHTRA
Bid Publish Date
15-Feb-2025, 1:47 pm
Bid End Date
03-Mar-2025, 10:00 am
Value
₹52,987
Location
Progress
Central Mine Planning And Design Institute Limited announces a tender for Motor Insurance Service - 6; 5883 in CHANDRAPUR, MAHARASHTRA. Quantity: 1. Submission Deadline: 03-03-2025 10: 00: 00. Last date to apply is approaching fast!
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 6; 5883 |
Tender Data
Bid Details
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
7 Days
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - 6; 5883
Authority Records
BID & GeM Expert Consultancy
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Documents 4
GeM-Bidding-7530208.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
03-Mar-2025, 4:30 am
Opening Date
03-Mar-2025, 5:00 am
Required Documents
Certificate (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
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
What are the eligibility requirements for GEM/2025/B/5956959 or motor insurance services?
The eligibility requirements for tendering include being a registered entity in the insurance sector, compliance with local regulations, and the provision of evidence showcasing previous experience in similar capacity. Bidders seeking exemptions from specific criteria must submit supporting documentation for evaluation.
What certificates are required for compliance with this motor insurance tender?
To comply with the motor insurance tender, bidders must provide certificates as requested in the Additional Terms & Conditions (ATC). These certificates are essential for validating eligibility, experience claims, as well as meeting the regulatory requirements established by the issuing authority.
What is the registration process for participating in the motor insurance tender?
The registration process involves submitting the required documentation through the electronic portal before the submission deadline. All forms must be filled accurately, and the necessary supporting documents, including certificates and experience proofs, must be uploaded in the specified formats.
What are the payment terms and performance security requirements for this tender?
Payment terms for successful bidders are outlined in the contract agreement following bid acceptance. A performance security may be required, assuring successful execution of the project. Specific amounts and conditions will be detailed in the contract documentation upon tender award.
How is the evaluation and selection process conducted for the motor insurance services?
The evaluation process consists of a total value-wise assessment where bids are scrutinized based on their compliance with eligibility criteria, technical specifications, and financial offering. Notifications about the results of the selection will be communicated promptly to the bidders.