Food Corporation Of India motor insurance tender 4 Wheeler 1001-1500 CC Delhi NCR cashless 2026
Progress
Tender Overview
The procuring organization is the Food Corporation Of India under the Department Of Food And Public Distribution. This opportunity seeks motor insurance services for 4 wheelers in the 1001-1500 CC category, with an estimated value of ₹75,000. Bidders must have an office in Delhi/NCR and provide proof. The contract includes a 50% quantity/duration adjustment clause and cashless policy requirements. The scope centers on providing motor insurance coverage for eligible vehicles, with flexibility for scope modification at the buyer’s discretion. Unique clauses include the requirement for a Delhi/NCR office and cashless transaction terms.
Technical Specifications & Requirements
- Product/Service: Motor insurance services for 4 Wheeler (1001-1500 CC) vehicles
- Estimated Value: ₹75,000; No BOQ items listed
- Delivery/Implementation: Insurance coverage to be issued with cashless policy terms; server-side processing not specified
- Eligibility/Capability: Must demonstrate office presence in Delhi/NCR with verifiable documentation
- Contract Flexibility: Buyer may adjust contract quantity or duration up to 50%; lump-sum scope may increase up to 50% with provider consent
- Operational Notes: No explicit technical standards; emphasis on statutory motor insurance compliance and cashless settlement mechanisms
Terms, Conditions & Eligibility
- EMD / Security: Not specified in the data provided
- Delivery Timeline: Not specified; policy must be cashless
- Payment Terms: Not specified in tender details
- Documentation: Evidence of Delhi/NCR office; proof of cashless policy compliance
- ATC Clauses: 50% quantity/duration variation permitted; provider consent required for scope expansion
- Warranty/Support: Not specified; standard motor insurance coverage terms apply
- Disqualification Factors: Absence of Delhi/NCR office proof or cashless policy breach may lead to rejection
Key Specifications
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Product/Service: Motor insurance for 4 Wheeler (1001-1500 CC)
-
Estimated value: ₹75,000
-
Delivery/Implementation: Cashless insurance policy
-
Location/Office requirement: Delhi/NCR office proof
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Contract flexibility: 50% adjustment allowed (quantity or duration)
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BOQ: Not applicable (0 items)
Terms & Conditions
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50% contract quantity/duration variation permitted by buyer
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Must have office in Delhi/NCR with verifiable proof
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Policy must be cashless
-
No BOQ items; estimated value ₹75,000
Important Clauses
Payment Terms
Not specified in tender data; cashless policy implied
Delivery Schedule
Not specified; coverage to be issued under cashless terms
Penalties/Liquidated Damages
Not specified in provided terms
Bidder Eligibility
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Must hold an office in Delhi/NCR with verifiable documentation
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Experience in providing motor insurance services for four-wheelers
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Capable of issuing cashless motor insurance policies
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
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
Bid Splitting Applied
No
Requirements
Experience Required
3 Year (s)
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; 1001 to 1500 CC
Payment Timelines
Payments shall be made to the Seller within 30 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
New Delhi
Delivery Pincodes
110001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Zulfikar Ahmed | 110001,Food Corporation of India General Section 16-20 Barakhamba Lane | New Delhi | Delhi | 110001 | Project / Lumpsum Based | - | Number of vehicles to be insured : 5 Total Sum Insured : 75000 |
Authority Records
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Documents 6
GeM-Bidding-9989912.pdf
Main Document
Other Documents
OTHER
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
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Required Documents
GST certificate
PAN card
Proof of office in Delhi/NCR
Previous motor insurance service experience certificates
Financial statements or turnover evidence (if requested)
Any OEM authorizations or insurance provider certifications
EMD submission document (if required by terms)
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for motor insurance tender in Delhi NCR 2026
Bidders must provide documentation proving Delhi/NCR office presence, supply motor insurance for 4W vehicles in 1001-1500 CC, and offer a cashless policy. The bid requires proof of prior motor insurance experience and may include a 50% contract adjustment clause. Ensure compliance with ISI/BIS where applicable and submit required documents on time.
What documents are required for Delhi NCR motor insurance tender
Required documents include GST certificate, PAN card, proof of Delhi/NCR office, motor insurance experience certificates, financial statements, and any OEM authorizations or insurer certifications. Submit EMD documents if applicable and ensure cashless policy terms are clearly demonstrated.
What are the eligibility criteria for FCI motor insurance bid
Eligibility requires an active Delhi/NCR office with verifiable proof, demonstrable experience in providing motor insurance for four-wheelers 1001-1500 CC, and ability to issue cashless policies. Vendors must adhere to the contract flexibility clause allowing up to 50% adjustment.
How does the 50% quantity/duration variation work in this tender
The buyer may increase or decrease contract quantity or duration by up to 50% at the time of contract issuance; post-issuance, adjustments remain capped at 50%. Service providers must consent to scope increases in lump-sum contracts and continue to fulfill obligations.
What does cashless motor insurance mean for this tender
Cashless means insured vehicles receive treatment and claims processing directly with the insurer without out-of-pocket payments at network garages. Bid must specify cashless network details, claim settlement timelines, and coverage limits consistent with standard motor insurance.
When are the submission deadlines for this FCI tender in 2026
Exact submission deadlines are not provided in the data. Bidders should monitor the official tender portal for notification, ensure all documents (GST, PAN, office proof, experience certificates) are ready, and secure any required EMD and technical bid materials ahead of the stated closing date.
What standards or certifications are required for insurance bidders
Bidders should present valid insurance licenses and certifications from relevant authorities, proof of cashless policy administration, and prior motor insurance experience. While no specific ISI/ISO standards are listed, compliance with general insurance regulations and network garage approvals is essential.
What are the key terms governing penalties or performance
The provided data does not specify explicit LDs or penalties. Bidders should expect standard contract terms; ensure service obligations, claim settlement performance, and timely policy issuance are clearly defined within the final contract and any ATC variations.