GEM

National Insurance Company Limited Custom Bid for Services North 24 Parganas West Bengal 2025

Bid Publish Date

03-Dec-2025, 6:55 pm

Bid End Date

31-Dec-2025, 7:00 pm

Value

₹10,00,00,000

Progress

Issue03-Dec-2025, 6:55 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Bidder must plan for 25% quantity/duration flexibility at issue and post-issuance
  • Invoicing may include excess settlement charges up to a defined percentage with documents
  • No BOQ items present; pricing tied to RFP-defined service scope and flexibilities
  • EMD and tender fees required as per RFP (not explicitly stated here)
  • Location-specific procurement: North 24 Parganas, West Bengal
  • Organization: National Insurance Company Limited (NICL); Department: Department Of Financial Services
  • Submission must align with terms in the attached RFP and ATC clauses
  • Total estimated contract value: ₹100,000,000

Categories 1

Tender Overview

National Insurance Company Limited invites a custom bid for services in the North 24 Parganas, West Bengal region with an estimated project value of ₹100,000,000. The procurement focuses on external service delivery and related support, with no BOQ items listed. The tender includes a flexible option clause allowing a contract quantity or duration adjustment up to 25% at the time of contract issuance and again within that limit post-issuance. Excess settlement is enabled, permitting additional charges up to a defined percentage of the item-level total, to be claimed with appropriate supporting documents. Submission of tender fees and EMD will follow the attached RFP.

Key differentiators include the explicit quantity/duration flexibility and the excess settlement mechanism, which requires bidders to disclose applicability during invoice creation. This opportunity targets service providers capable of scaling to variable contract scopes while maintaining compliance with the RFP’s attached terms. The absence of BOQ data necessitates bidders to rely on the contract’s stated flexibilities and compliance requirements to model pricing and resource planning.

Technical Specifications & Requirements

  • Total estimated value: ₹100,000,000
  • Location: North 24 Parganas, West Bengal
  • Category: Custom Bid for Services
  • BOQ items: Not listed (Total Items: 0)
  • Flexibility clause: Quantity/duration may be increased up to 25% at tender issue and post-issuance
  • Excess settlement: Additional charges permitted up to a specified percentage with mandatory supporting documents
  • EMD & tender fees: To be submitted as per RFP
  • No technical specifications are provided in the tender data; bidders must rely on the attached RFP terms and the clause framework for pricing and implementation scope.

Terms, Conditions & Eligibility

  • EMD details: Not specified in the data; to be submitted as per RFP
  • Tender fees: As per RFP documents
  • Delivery/implementation timing: Not defined in this extract; follow RFP terms
  • Payment terms: Not specified here; refer to RFP for schedules
  • Invoices: Must reflect any excess settlement charges with supporting documents
  • Compliance: All documents to be as per attached RFP terms; ensure readiness of GST, PAN, and eligibility evidence per tender
  • Modification rights: Buyer can adjust quantity/duration within 25% limits; bidders must accept revised scope
  • BOQ: None; plan to quote against contractual flexibilities and service scope described in RFP

Key Specifications

  • Estimated value: ₹100,000,000

  • Location: North 24 Parganas, West Bengal

  • Category: Custom Bid for Services

  • BOQ items: 0

  • Flexibility: contract quantity/duration may be adjusted up to 25%

  • Excess settlement: additional charges allowed up to a defined percentage with documentation

  • EMD/tender fees: to be submitted as per RFP

  • No technical specifications provided in data; rely on RFP terms

Terms & Conditions

  • Quantity/duration adjustment allowed up to 25% as per clause

  • Excess settlement enabled with required supporting documents

  • EMD and tender fees governed by the attached RFP

Important Clauses

Payment Terms

Payment terms are to be as per the attached RFP; no specific schedule provided here

Delivery Schedule

Delivery/implementation timelines are defined in the RFP; not specified in this extract

Penalties/Liquidated Damages

Penalties, if any, are detailed in the RFP/ATC terms; this extract notes penalties not explicitly defined

Bidder Eligibility

  • Submit GST and PAN documentation

  • Provide experience certificates for similar services

  • Demonstrate financial capability per RFP requirements

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates detailing similar service engagements

4

Financial statements showing turnover and solvency

5

EMD deposit or payment proof as per RFP

6

Tender fee payment receipt as per RFP

7

Technical bid documents and any OEM authorizations if applicable

8

Compliance certificates and any other documents listed in the attached RFP

Frequently Asked Questions

Key insights about WEST BENGAL tender market

How to bid on NICL service tender in North 24 Parganas 2025

Bidders must submit GST, PAN, experience certificates, financial statements, EMD, and tender fees as per the attached RFP. The contract allows up to 25% quantity/duration flex and includes an excess settlement option. Prepare a pricing model aligned to RFP terms and ensure compliance with all listed documents and certifications.

What documents are required for NICL service bid in West Bengal

Required documents include GST registration, PAN, experience certificates for similar services, financial statements, EMD payment proof, tender fee receipt, and any OEM authorizations or technical bids specified in the RFP. Ensure all documents are current and accurately reflect project capabilities.

What are the key technical specifications for NICL service tender 2025

No explicit BOQ or technical specs are provided in this extract. Bidders should reference the attached RFP for detailed service scope, compliance standards, and deliverables. The tender emphasizes quantity/duration flexibility and excess settlement, so pricing must account for variable scope and documentation requirements.

When is the submission deadline for NICL North 24 Parganas bid 2025

Submission deadlines are defined in the accompanying RFP and ATC. This extract does not list dates; bidders must consult the RFP documentation and ensure timely submission of EMD, tender fees, and all mandatory documents to avoid disqualification.

What is the EMD requirement for NICL service procurement 2025

EMD details are specified in the attached RFP rather than this extract. Bidders should prepare the required EMD amount and payment method as per RFP instructions, ensuring funds are available before bid submission date to avoid rejection.

How to handle excess settlement charges in NICL tender 2025

The RFP permits excess settlement with additional charges up to a defined percentage and requires mandatory supporting documents. Bidders must declare applicability during invoice creation and attach relevant proofs for any extra charges beyond item-level totals.

What is the contract scope for NICL service tender West Bengal 2025

The data shows a custom bid for services with no BOQ items. The scope relies on the RFP-specified service deliverables and the 25% flex clause. Vendors should model staffing, timelines, and pricing to accommodate potential scope expansion while complying with all RFP terms.

Which organization issues the NICL service tender 2025 in West Bengal

The tender is issued by National Insurance Company Limited (NICL), under the Department Of Financial Services, for the West Bengal region. Bidders should align their proposals to NICL’s service standards, RFP terms, and the stated contract flexibility.

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