Progress
Quantity
2
Bid Type
Single Packet Bid
Central Mine Planning And Design Institute Limited, under Coal India Limited, invites bids for Motor Insurance Service - Truck Mounted Drill Rig Above 2500 CC located in Angul, Odisha. Estimated value is ₹53,585. The BOQ shows 0 items, indicating a scope defined by insurance coverage rather than discrete equipment procurement. The tender includes buyer-added terms on quantity/duration variation up to 25% and a process for exemptions on experience/turnover where applicable. This opportunity targets bidders capable of providing comprehensive motor insurance for heavy-duty drilling equipment in the Odisha region, with potential OEM/insurer alignment requirements implied by the category.
Motor Insurance Service for Truck Mounted Drill Rig Above 2500 CC
Estimated value: ₹53,585
Location: Angul, Odisha
BOQ: 0 items - scope defined by insurance terms
No explicit standards or testing requirements disclosed
Quantity/duration variation allowed up to 25% at contract issue
Exemption documents accepted for eligibility evaluation
EMD and payment terms not explicitly disclosed in data
Not specified in tender data; bidders should seek CMPDI clarification
Insurance services delivery aligned with policy issuance and claim settlement procedures; no physical delivery
Not specified; assess CMPDI’s standard LD terms during bid clarification
Active bidder with motor insurance service capability for heavy mining equipment
Compliance with government procurement insurance norms
Financial capacity to support ongoing insurance coverage for mining operations
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - Truck Mounted Drill Rig; Above 2500 CC, 5760 , Motor Insurance Service - Truck Mounted Drill Rig; Above 2500 CC, 5759
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Main Document
OTHER
SCOPE_OF_WORK
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Company PAN card
Experience certificates for similar motor insurance supply/services
Financial statements or turnover proof
EMD submission proof (if required in final terms)
Technical bid documents and insurer authorization/corporate authorization
OEM/insurer appointment letters (if applicable)
Extended Deadline
25-Apr-2026, 6:00 pm
Opening Date
25-Apr-2026, 6:30 pm
Key insights about ODISHA tender market
Bidders must submit insurer credentials, GST, PAN, and experience certificates for similar heavy equipment insurance. The tender shows a 25% quantity/duration variation option; EMD details are not disclosed, so confirm at clarifications. Prepare policy draft with comprehensive coverage, claim process, and policy validity aligned to government norms.
Required documents include GST registration, PAN, company financials, experience certificates for mining equipment insurance, insurer authorization letters, and any OEM/insurer arrangements. Ensure proof of prior same-category coverage and capability to handle truck-mounted drill rig insurance above 2500 CC.
The tender provides no explicit technical specs; bidders should propose a policy covering third-party liability, own damage, passenger risk, and theft for drill rigs above 2500 CC. Include policy limits, deductibles, premium computation, and service response timelines in the bid.
Final dates are not stated in the data; bidders should monitor CMPDI communications and respond to clarifications promptly. Ensure readiness with insured value ₹53,585, vehicle details, and coverage specifics to meet potential deadline windows.
The tender data does not disclose an EMD amount. Bidders should seek official clarification from CMPDI to confirm EMD specifications, payment mode, and submission timeline before preparing the bid.
No standards are explicitly listed in the available data. Bidders should propose adherence to general government insurance procurement norms and any CMPDI-specific policy guidelines, including claim settlement efficiency and audit readiness.
The buyer allows up to 25% variation in contract quantity or duration at issue and post-issuance. Bidders should price flexibly, document clear policy terms for adjusted premium, and confirm acceptance of revised scope during contract awards.
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Main Document
OTHER
SCOPE_OF_WORK
GEM_GENERAL_TERMS_AND_CONDITIONS