Central Mine Planning & Design Institute Limited Motor Insurance Service Above 2500 CC Tender India Coal India Limited 2026
Bid Publish Date
10-Sep-2026, 11:25 am
Bid End Date
17-Sep-2026, 12:00 pm
Value
₹91,968
Location
Progress
Key Highlights
- • Motor Insurance Service for vehicles above 2500 CC
- • Contract quantity/duration may vary up to 25% at issue and during execution
- • Estimated value around ₹91,968 with no BOM items listed
- • Organization: Central Mine Planning And Design Institute Limited under Coal India Limited
- • No explicit EMD amount and delivery timelines provided in data
- • NoBOQ items; reliance on standard motor insurance terms and government procurement norms
Tender Overview
The Central Mine Planning And Design Institute Limited (under Coal India Limited) invites bids for Motor Insurance Service for vehicles above 2500 CC. Estimated value is around ₹91,968 with no BOQ items listed. Specific start/end dates are not disclosed. This procurement focuses on insuring heavy-duty fleet assets and requires adherence to standard insurance practices, with a potential quantity adjustment clause. Unique terms include a flexible scope clause allowing up to 25% variation in contract quantity or duration at issuance or during execution, subject to provider consent for lump-sum contracts. The opportunity targets external insurers with proven motor insurance capabilities for large-cc fleets and government reliability expectations.
Technical Specifications & Requirements
- Product/service: Motor Insurance Service for vehicles Above 2500 CC.
- Estimated contract value: ₹91,968.
- BOQ: Total Items: 0 (no itemized quantities available).
- Certification/standards: not specified; bidders should reference standard motor insurance documentation and compliance.
- Delivery/implementation: coverage as per contractual terms; exact policy start is not disclosed, bidders to align with project timelines.
- Eligibility: insurers with capacity to insure heavier CC fleets and meet government procurement norms.
- Contract flexibility: option clause permits up to 25% increase in quantity or duration at contract issue or within execution, requiring bidder consent for scope expansion on lumpsum.
Terms, Conditions & Eligibility
- EMD: not disclosed in the available data.
- Payment: terms not specified; bidders should anticipate standard government payment cycles upon policy issuance.
- Delivery: insurance coverage to be activated per contract; no explicit delivery deadline provided.
- Documents: standard corporate eligibility docs (GST, PAN, financials, LIC/MI certificates) to be verified; OEM authorizations not indicated.
- Penalties/warranty: not specified; bidders should inquire about policy lapse penalties and service levels.
- Quantity variation: up to 25% variation permissible at issuance and during execution with consent for lumpsum contracts.
- BOQ and specs: no items listed; bidders must align to broad motor insurance scope and regulatory compliance.
Key Specifications
-
Motor Insurance Service for vehicles above 2500 CC
-
Estimated contract value: ₹91,968
-
No BOQ items listed; generic insurance scope
-
Contract variation: +/- 25% quantity or duration
-
Delivery/commercial terms governed by government procurement norms
Terms & Conditions
-
25% variation in contract quantity or duration at issue or during execution
-
EMD amount not disclosed; submit as per final tender terms
-
Delivery and payment terms not explicitly defined; alignment with policy issues
Important Clauses
Payment Terms
Payment terms not specified in data; bidders should expect government-style payment upon policy issuance and renewal
Delivery Schedule
Insurance coverage activated on contract award; exact policy start date not disclosed
Penalties/Liquidated Damages
No LD details in data; bidders should seek clarification on renewal penalties and SLA commitments
Bidder Eligibility
-
Licensed motor insurer with capacity for high-CC fleet coverage
-
Compliance with government procurement norms for Coal India Limited entities
-
Financial stability evidenced by recent financial statements
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
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
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 - 6; Above 2500 CC
Payment Timelines
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Bilaspur
Delivery Pincodes
495006
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ved Prakash Sharma | 495006,REGIONAL INSTITUTE V, CENTRAL MINE PLANNING & DESIGN INSTITUTE LIMITED, SECL COMPLEX, SIPAT ROAD | Bilaspur | Chhattisgarh | 495006 | Project / Lumpsum Based | - | Number of vehicles to be insured : 4 Total Sum Insured : 91968 |
Authority Records
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Documents 5
GeM-Bidding-9873799.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
3
Corrigendum Updates
1 Update Update
Extended Deadline
17-Sep-2026, 6:30 am
Opening Date
18-Sep-2026, 6:30 am
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates in motor insurance for government or large fleet clients
Financial statements (latest audit) demonstrating financial capacity
EMD/Security deposit documentation (if required by final terms)
Technical bid documents demonstrating capability to insure heavy-CC fleets
OEM authorizations or insurers' credentials (if applicable)
Frequently Asked Questions
Key insights about CHHATTISGARH tender market
How to bid for motor insurance above 2500 CC tender in India 2026?
Bidders should confirm organization, scope, and compliance with government procurement norms. Prepare corporate docs (GST, PAN), financials, and motor insurance credentials. The contract allows up to 25% variation in quantity or duration; ensure your bid includes ramp-up capacity and policy terms to cover high-cc fleets.
What documents are required for motor insurance tender submission in India?
Submit GST registration, PAN, latest audited financial statements, experience certificates for motor insurance, insurer credentials, and any OEM authorizations. If EMD is required, provide the specified security. Ensure policy terms and renewal options are clearly described in the bid.
What are the delivery terms for motor insurance service tenders in Coal India?
Delivery is activation of coverage upon contract award. The tender data does not specify a start date; bidders should propose a policy activation timeline aligned with contract issuance and initial fleet verification, with renewal schedules clearly stated.
What are the eligibility criteria for insurers to bid on this tender?
Eligible bidders must be licensed motor insurers capable of covering heavy CC fleets and comply with government procurement standards. Proof of prior government or large-fleet insurance experience, sound financials, and registration certificates are required to establish eligibility.
How is the 25% variation in contract quantity/duration applied?
The buyer may increase the contract scope by up to 25% at the time of issue and again during execution. For lumpsum-based services, the scope may expand with the service provider's consent, enabling adaptable coverage or term extensions.
What payment details should bidders anticipate for this procurement?
Exact payment terms are not stated; bidders should expect government-standard timelines post-policy issuance, including possible milestone-based or renewal payments. Clarify payment milestones and documentation required in the final bid submission.