Airports Authority of India Motor Insurance Service Tender DIU 4-Wheeler ACFT 1001-1500 CC & Above 2500 CC 2026
Bid Publish Date
21-Jan-2026, 3:42 pm
Bid End Date
31-Jan-2026, 2:00 pm
Value
₹1,59,063
Location
Progress
Key Highlights
- • Active brand/insurer alignment required for aviation-adjacent motor insurance services
- • 25% bid quantity/duration flexibility at contract issuance (and post-issuance)
- • DIU, DAMAN & DIU location with estimated value ₹159,063; no BOQ items
- • Review Buyer Uploaded ATC for any additional compliance specifics
- • Ensure motor insurance coverage for 4-wheeler ACFT in 1001-1500 CC and Above 2500 CC classes
- • Confirm with Airports Authority of India on EMD applicability and payment terms
Tender Overview
Airports Authority of India seeks a Motor Insurance Service for 4-wheeler ACFT (1001-1500 CC, Above 2500 CC), targeted at the DIU, DAMAN & DIU (362520) location. Estimated value is ₹159,063; no BOQ items are listed, signaling a service-based policy procurement rather than goods. The tender requires an insurance provider capable of covering diverse aircraft-category vehicles, with ATC allowing a quantity/duration adjustment up to 25% at contract issuance and post-issuance. The absence of start/end dates implies standard government procurement windows and eventual contract award following tender norms. The opportunity hinges on compliance, financial strength, and efficient claim settlement for aviation-linked motor policies.
Key Specifications
-
Motor Insurance Service for 4-Wheeler ACFT
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Vehicle category: 1001-1500 CC and Above 2500 CC
-
Estimated contract value: ₹159,063
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Location: DIU, DAMAN & DIU
-
Contract quantity/duration may vary up to 25%
Terms & Conditions
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25% quantity/duration adjustment rights during and after contract issuance
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No BOQ items; service-based procurement for motor insurance
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ATC document uploaded by buyer; review for additional terms
Important Clauses
Payment Terms
Not specified; bidders must obtain exact premium payment and settlement terms from tender ATC and contract.
Delivery Schedule
Activation upon contract award; no explicit rollout milestones provided—confirm coverage start date during bid filing.
Penalties/Liquidated Damages
Not specified; bidders should seek clarity on claim settlement timelines and any LD provisions in ATC.
Bidder Eligibility
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Licensed motor insurer with capacity to underwrite aviation-adjacent vehicle risk
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Experience in issuing policies for multi-CC class vehicles
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Financial strength to sustain premium/claims payments and renewal obligations
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 24-01-2026 10:41:21 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Motor Insurance Service - 4 Wheeler, ACFT; 1001 to 1500 CC, Above 2500 CC |
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 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 - 4 Wheeler, ACFT; 1001 to 1500 CC, Above 2500 CC
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 6
GeM-Bidding-8848533.pdf
Main Document
BOQ Document
BOQ
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
PAN card
Experience certificates in motor insurance provisioning
Financial statements or solvency proof
EMD/Security deposit documentation (if applicable)
Technical bid/compliance certificates
OEM/insurer authorization (if required by tender terms)
Any policy sample or prior claim settlement reports
Frequently Asked Questions
Key insights about DAMAN & DIU tender market
How to bid for motor insurance tender in DIU with Airports Authority of India
Bidders must submit GST, PAN, experience certificates, financial statements, and EMD as applicable along with technical compliance. Review the ATC for contract quantity/duration flexibility up to 25% and ensure coverage for 1001-1500 CC and Above 2500 CC 4-wheeler ACFT. Prepare policy samples and renewal terms.
What documents are required for AAI motor insurance procurement DIU 2026
Required documents include GST certificate, PAN card, insurer/experience certificates, financial statements, EMD documentation, technical bid, and any OEM authorizations. Also provide past claim settlement reports and policy sample for aviation-adjacent motor risks as per ATC.
What are the eligibility criteria for motor insurance tender in DIU
Eligible bidders must be licensed motor insurers with capacity to underwrite multi-CC vehicle risk, provide prior motor insurance issuance experience, demonstrate financial stability, and comply with ATC requirements. Ensure coverage for vehicles in DIU, DAMAN & DIU region and adhere to 25% contract adjustability.
When is the delivery/activation for AAI motor insurance procurement
Activation occurs on contract award, with no explicit start date in data. Bidders should prepare for immediate policy activation upon award and confirm coverage start date during bid submission, aligning with project risk coverage needs for aviation-linked vehicles.
What are the payment terms for the AAI motor insurance contract
Exact payment terms are not stated; expect premium payment schedules and renewal terms per contract. Bidders should request clarity on premium remittance timelines, claim settlement processing, and any performance-related payment triggers in the ATC and final contract.
What specifications govern the motor insurance for 4-wheeler ACFT
Specification covers vehicles in 1001-1500 CC and Above 2500 CC classes. Ensure policy terms align with standard motor insurance requirements, include coverage for aviation-adjacent risks, and provide evidence of past claims handling and settlement efficiency as indicated by the ATC.