Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co
National Institute Of Fashion Technology (nift) Head Office New Delhi
KANGRA, HIMACHAL PRADESH
Bid Publish Date
27-May-2025, 5:54 pm
Bid End Date
16-Jun-2025, 4:00 pm
Value
₹22,87,84,25,000
Location
Progress
Quantity
283
Bid Type
Two Packet Bid
A tender has been published for Bank Of Maharashtra Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC, Group Personal Accident Insurance Service - Contract Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, Liability Insurance Service - Indemnity insurance, Liability Insurance Service - Director and Officer liability coverage, Liability Insurance Service - Commercial General Liability Policy, Liability Insurance Service - DEBIT CARD AS PER RFP, Liability Insurance Service - CREDIT CARD AS PER RFP, Liability Insurance Service - LOCKER POLICY AS PER RFP, Assets Insurance Service - SPECIAL CONTINGENCY POLICY FOR PORTABLE EQUIPMENT; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) C. . , Assets Insurance Service - BURGLARY POLICY AS PER RFP; Theft/Burglary Cover, AS PER RFP; Optional, Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, MBD (Machiner. . , Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, MBD (Machinery breakdown) Cov. . , Liability Insurance Service - CYBER RISK INSURANCE AS PER RFP in PUNE, MAHARASHTRA. Quantity: 283 by. Submission Deadline: 16-06-2025 16: 00: 00. Check eligibility and apply.
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC , Group Personal Accident Insurance Service - Contract Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities , Liability Insurance Service - Indemnity insurance , Liability Insurance Service - Director and Officer liability coverage , Liability Insurance Service - Commercial General Liability Policy , Liability Insurance Service - DEBIT CARD AS PER RFP , Liability Insurance Service - CREDIT CARD AS PER RFP , Liability Insurance Service - LOCKER POLICY AS PER RFP , Assets Insurance Service - SPECIAL CONTINGENCY POLICY FOR PORTABLE EQUIPMENT; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) C.. , Assets Insurance Service - BURGLARY POLICY AS PER RFP; Theft/Burglary Cover, AS PER RFP; Optional , Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, MBD (Machiner.. , Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, MBD (Machinery breakdown) Cov.. , Liability Insurance Service - CYBER RISK INSURANCE AS PER RFP
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Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
National Institute Of Fashion Technology (nift) Head Office New Delhi
KANGRA, HIMACHAL PRADESH
North Eastern Electric Power Corporation Limited
EAST KHASI HILLS, MEGHALAYA
North Eastern Electric Power Corporation Limited
EAST KHASI HILLS, MEGHALAYA
N/a
RAIPUR, CHHATTISGARH
N/a
COIMBATORE, TAMIL NADU
Tender Results
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Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (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
Extended Deadline
16-Jun-2025, 4:00 pm
Opening Date
16-Jun-2025, 4:30 pm
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Under PMA | 13-06-2025 19:16:00 | |
| 2 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 16-06-2025 15:57:09 | |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 16-06-2025 15:08:35 | |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | 16-06-2025 15:00:26 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC, | |
| L2 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC, | |
| L3 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC, | |
| L4 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC, |
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Key insights about MAHARASHTRA tender market
The eligibility requirements include being a registered and recognized entity in the insurance sector, holding a valid license to operate within the country, and having prior experience in offering motor insurance services. Bidders must demonstrate adherence to all regulations set forth by governing insurance bodies to be considered.
The technical specifications entail compliance with regulatory standards governing motor insurance products, including providing policies that address varied vehicle categories from 0cc to 2500cc and above. Bidders are expected to present a robust claims management process that assures quality service delivery to policyholders.
The registration process for participating in the tender involves creating an account on the government e-marketplace (GEM) portal, followed by the submission of necessary documents and proposals as outlined in the tender. The submitted documents need to confirm the bidder's eligibility and capability to deliver the requisite insurance services.
Accepted document formats include PDF for submission of the technical and financial proposals, along with any supplementary certificates and evidence of compliance with regulation standards. It's crucial that all documents are clear, informative, and structured to facilitate effective evaluation.
MSEs participating in this tender can avail special provisions and considerations that enhance competitive positioning. The tender encourages inclusive participation by reducing barriers and offering potential financial support, thereby fostering a conducive environment for smaller businesses and startups in the insurance sector.
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Main Document
OTHER
OTHER
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS