Motor Insurance Service - 6 wheeler; Above 2500 CC
Central Mine Planning And Design Institute Limited
JHARSUGUDA, ODISHA
Progress
Quantity
1
Bid Type
Two Packet Bid
The Airports Authority of India, Hyderabad office, Telangana, seeks a motor insurance service for a 6-wheeler category with engine displacement exceeding 2500 CC up to 16400 CC. The estimated contract value is ₹2,47,424. The procurement scope appears focused on comprehensive motor insurance coverage rather than a supply of physical goods, with no BOQ items listed. The tender falls under the Airports Authority of India’s vehicle insurance needs, targeting the large-engine 6-wheeler segment. A unique aspect is the absence of concrete BOQ items and reliance on standard insurance terms via the ATC document uploaded by the buyer. The opportunity is location-specific to Hyderabad and aligns with AAI’s fleet risk management requirements. The tender includes quantity flexibility within the contract and duration adjustments up to 25% per the buyer’s option at issue, creating potential price and term variations for bidders.
Vehicle category: 6-wheeler with engine displacement >2500 CC to 16400 CC
Estimated contract value: ₹2,47,424
No BOQ items available (Total Items: 0)
EMD amount: Not specified in tender data
Contract quantity/duration can vary by up to 25% at contract issue
EMD amount not specified; verify in ATC
25% scope/duration variation allowed at issue
No BOQ items listed; insurance terms depend on ATC
Payment terms for motor insurance premiums will be defined in the ATC/contract; bidders should ensure clarity on premium payment schedule, invoicing, and dispute resolution.
Insurance coverage activation aligned with contract award; no fixed delivery dates provided in the data; confirm activation date in the contract.
Penalties, SLA breaches, or LDs not detailed in available data; refer to ATC for service-quality penalties and remedy periods.
Experience in providing motor insurance services for heavy-duty vehicles
Financial stability and ability to meet premium payment cycles
Compliance with applicable insurance regulations and ATC terms
Main Document
SCOPE_OF_WORK
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Central Mine Planning And Design Institute Limited
JHARSUGUDA, ODISHA
Central Mine Planning And Design Institute Limited
RANCHI, JHARKHAND
North Eastern Electric Power Corporation Limited
PAPUM PARE, ARUNACHAL PRADESH
National Institute Of Technology (nit)
Airports Authority Of India
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GST Registration Certificate
Permanent Account Number (PAN) Card
Company Registration/Legal Entity documents
Experience certificates in motor insurance services
Financial statements or solvency proof
EMD documents (if specified in ATC) or alternative security
Technical bid documents (policy terms, coverage limits, exclusions)
OEM authorizations or insurer authorization (as applicable)
Key insights about TELANGANA tender market
Bidders should review the ATC uploaded by Airports Authority Of India, ensure compliant motor insurance coverage for 6-wheeler vehicles (>2500 CC to 16400 CC), prepare documents (GST, PAN, financials, experience certificates), and submit insurance policy terms with premium quotes. The tender may allow 25% variation in quantity/duration at issue.
Prepare GST registration, PAN, company incorporation documents, financial statements, motor insurance experience certificates, and any insurer authorization letters. Include policy terms, coverage limits, exclusions, claim process, and compliance with ATC terms.
The tender specifies motor insurance for a 6-wheeler category with engine displacement >2500 CC to 16400 CC. No BOQ items; the ATC will define coverage limits, premium, inclusions, exclusions, claim settlement timelines, and vehicle-specific risk terms.
Insurance coverage activates upon contract award. The tender data does not define a fixed start date; bidders should confirm activation timeline in the final contract and ATC terms.
Payment terms will be specified in the ATC/contract; expect premium payment terms on receipt of policy issuance and settlement per monthly/quarterly premium cycles, subject to contract conditions and SLA compliance.
The tender data does not list specific standards; bidders should rely on ATC for compliance with general motor insurance regulations, regulatory approvals, and policy-specific endorsements.
Eligible bidders should demonstrate experience in heavy-vehicle insurance, financial stability, GST/PAN validity, and compliance with ATC terms. Ensure the ability to provide 6-wheeler motor insurance coverage with specified engine displacement range.
EMD details are not specified in the tender data; bidders must consult the ATC for exact EMD amount, mode of payment (online/DD), and submission deadlines; ensure readiness with required security documents.
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Main Document
SCOPE_OF_WORK
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS