Airports Authority Of India Inland Transit Marine Insurance Service Tender South Delhi 2026

Tender Overview

Airports Authority Of India (AAI) invites bids for Marine and Transit Insurance Service – Inland Transit; Land, Sea, Air coverage in South Delhi, Delhi 110016. Estimated value is ₹799,654 with an EMD of ₹15,993. The procurement scope covers insurance services for inland transit, potentially including land and sea segments, as part of AAI's integrated logistics risk management. A notable differentiator is the contractual flexibility allowing up to 25% adjustment in contract quantity or duration at contract issuance and post-issuance. The tender emphasizes Make In India preferences and local supplier criteria per the 2017 public procurement norms, with Class I local supplier qualifications and documentation requirements. Unique aspects include standard risk-transfer arrangements and OEM/local content declarations where applicable. This tender aligns with AAI’s broader risk management and asset protection framework for airfield, terminal, and cargo movements within the Delhi region.

Technical Specifications & Requirements

• Product/Service: Marine and Transit Insurance Service (Inland Transit; Land, Sea, Air) for Airports Authority Of India.
• Estimated Value: ₹799,654; EMD: ₹15,993.
• Location: South Delhi, Delhi 110016; Scope includes inland transit insurance across relevant assets.
• Standards/Compliance: No explicit technical specs published; bidders should demonstrate capability in comprehensive transit insurance covering inland routes.
• Contract Flexibility: Up to 25% change in quantity or duration at issue and post-issue (buyer’s discretion).
• Preference: Purchase preference for Make In India; Class I local supplier criteria with OEM local content declarations when applicable.
• BOQ: No items listed; no itemized quantities.
• Sub-contracting: Sub-contracting requires prior buyer consent; liability remains jointly and severally with sub-contractor and assignee.

Terms, Conditions & Eligibility

• EMD: ₹15,993 (amount provided).
• Purchase Preference: Make In India – Class I local supplier; local content certification required for bid value ≥ ₹10 Crore; statutory auditor/cost accountant certification for large bids.
• Assignment/Sub-contract: No assignment or sub-contract without prior written consent; joint liability remains with contractor.
• Delivery/Performance: No explicit delivery schedule provided; contract execution terms imply standard insurance service delivery timelines post-award.
• Documentation: OEM authorizations, GST, PAN, experience certificates, and financials likely required to claim preference and eligibility.
• Compliance: No explicit insured standards listed; bidders should demonstrate compliance with transit insurance norms and risk coverage practices.