Procurement Opportunity: Motor Insurance Service - 10; 5883 in CHANDRAPUR, MAHARASHTRA
Bid Publish Date
15-Feb-2025, 12:56 pm
Bid End Date
03-Mar-2025, 10:00 am
Value
₹55,130
Location
Progress
Central Mine Planning And Design Institute Limited invites bids for Motor Insurance Service - 10; 5883 in CHANDRAPUR, MAHARASHTRA. Quantity: 1. Submission Deadline: 03-03-2025 10: 00: 00. Submit your proposal before the deadline.
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 10; 5883 | |
| L2 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 10; 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 - 10; 5883
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 4
GeM-Bidding-7529750.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/5956537?
The eligibility requirements include being a registered entity with proper legal standing, possessing experience in the domain of motor insurance services, and demonstrating the ability to meet the specific insurance needs outlined in the tender documentation. Firms must also ensure they can provide the necessary certificates and adhere to the financial stipulations, including a valid EMD.
What documents are required for registration in this tender?
To register, bidders need to provide relevant certificates as specified in the Additional Terms and Conditions (ATC) of the tender. This includes documentation proof of eligibility for exemptions from experience or turnover criteria if applicable. The documents should also clearly reflect compliance with the technical requirements and financial criteria.
What security deposits are necessary, and what are the payment terms?
In this tender, submission of an Earnest Money Deposit (EMD) is mandatory for all bidders. The performance security requirements will be defined post-bid awards, and selected bidders must detail their payment terms including schedules and methods in their proposals. Transparency in costs and evaluation criteria will significantly influence the assessment of submitted bids.
How should the documents be submitted, and what formats are accepted?
Documents must be submitted through the designated electronic portal, with strict adherence to the required document formats as outlined in the tender. Bidders should ensure all submissions are properly formatted to comply with the expectations listed in the tender documentation to avoid disqualification.
What special provisions are available for MSEs and startups under this tender?
Micro, Small, and Medium Enterprises (MSEs) and startups can take advantage of certain provisions aiming to incentivize their participation. The tender encourages these businesses by providing exemptions or relaxations in the eligibility criteria during the evaluation phase, enhancing opportunities for growth and participation in public procurement.