Open Tender for Motor Insurance Service - 4 Wheeler; Above 2500 CC in PATNA, BIHAR
Progress
Footwear Design And Development Institute (fddi) has released a public tender for Motor Insurance Service - 4 Wheeler; Above 2500 CC in PATNA, BIHAR. Quantity: 1. Submission Deadline: 25-02-2025 13: 00: 00. Download documents and apply online.
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 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 - 4 Wheeler; Above 2500 CC
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 3
GeM-Bidding-7551845.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Frequently Asked Questions
Key insights about BIHAR tender market
What are the eligibility requirements for motor insurance services?
The eligibility requirements include being a registered entity authorized to provide motor insurance and having a proven track record in motor insurance services for vehicles exceeding 2500 CC. Compliance with statutory obligations and adherence to regulatory standards are mandatory. Bidders must also demonstrate the capability to offer services specifically tailored to high-capacity vehicles.
What technical specifications must be met in the bid?
Bidders are required to provide a detailed description of the technical specifications of the insurance services, which should include comprehensive coverage options, policy exclusions, and an assurance of a robust claims management mechanism. Ensuring compliance with industry standards and regulations is critical in meeting the technical requirements outlined in the tender documents.
What are the details regarding the Earnest Money Deposit (EMD)?
The Earnest Money Deposit (EMD) is an essential requirement for tender submission, ensuring that bidders remain committed throughout the evaluation process. The amount specified in the bidding documents must be submitted along with the bid, and it will be refunded to unsuccessful bidders after the conclusion of the bidding process.
How can I submit my bid documents?
Bids can be submitted through the designated online platforms as specified in the tender documents. It is imperative to follow all submission guidelines, including acceptable formats for documents. The primary document can be accessed via the tender's link, and bidders must ensure that all documents are uploaded successfully before the deadline.
Are there any benefits for Micro, Small, and Medium Enterprises (MSEs) in this tender?
Yes, the tender includes provisions to favor Micro, Small, and Medium Enterprises (MSEs) and startups, offering relaxed eligibility criteria and additional assistance during the evaluation process. This initiative fosters greater participation from smaller entities, promoting inclusive growth and diversity in business opportunities within government procurement.
This comprehensive content structure serves to provide essential information regarding the tender and act as a resourceful guide for potential bidders.