Airports Authority Of India Motor Insurance Service Tender Vadodara Gujarat 2026 2W 4W 6W CC ISIRDA
Progress
Key Highlights
- • IRDA-approved insurer eligibility required
- • Bids may be invited via PSU channels
- • Contract quantity/duration adjustable up to 25% post-award
- • Estimated project value around ₹7.51 Lakh
- • Multi-cc vehicle coverage: 0-1000 cc to above 2500 cc
- • Vadodara, Gujarat location for policy procurement
- • No explicit EMD amount disclosed in data
- • AAI procurement, motor insurance service category
Tender Overview
The Airports Authority of India (AAI) invites bids for motor insurance services covering multiple vehicle categories in Vadodara, Gujarat 390001. Estimated value is ₹7,51,239.00, with no EMD amount disclosed. The procurement focuses on comprehensive motor insurance for two-wheelers, four-wheelers, and higher CC vehicles up to the specified ranges, aligning with IRDA-approved bidders and PSU participants. The tender scope emphasizes accessibility to approved insurers via government procurement channels and a flexible qualification pathway for eligible bidders. AAI’s objective is to secure reliable, compliant coverage through a competitive process.
Technical Specifications & Requirements
- Vehicle categories: 2W, 4W, 6W; engine capacity classes range from 0-1000 cc to above 2500 cc.
- No technical itemized specifications are provided in the tender data. Potential bidders should prepare to demonstrate policy coverage, claim settlement efficiency, network accessibility in Vadodara, and compliance with IRDA guidelines.
- Bidder eligibility: Bids may be invited through PSU and IRDA-approved companies, suggesting a preference for incumbents with government procurement experience.
- Value context: Estimated value of bids around ₹7,51,239.00; exact scope and policy terms await detailed RFP document. Respondents should have capability to tailor motor insurance solutions to diverse vehicle classes within the specified cc bands.
Terms, Conditions & Eligibility
- ATC note: Bids invited through PSU and IRDA-approved firms; ensure registration and authorization from IRDA for motor insurance services.
- Quantity/duration flexibility: The contract may adjust up to 25% in quantity or duration per the AtC, with post-issuance adjustment restricted to the same 25% window.
- Turnover clarification: Any reference to annual average turnover may be adjusted (e.g., read as ₹2.25 lakh rather than ₹2.00 lakh).
- Payment terms and penalties: Specific payment terms and LD/penalty details are not provided in the available data; bidders should await the formal ATC and terms document for precise parameters.
Key Specifications
-
Motor insurance coverage for 2W, 4W, 6W with cc categories 0-1000, 1001-1500, 1501-2500, above 2500
-
Estimated value: ₹7,51,239.00; EMD not disclosed
-
IRDA-approved bidding requirement; PSU-procurement pathway
-
Delivery/location: Vadodara, Gujarat (390001)
-
No BOQ items reported; rely on policy terms and claim settlement commitment
Terms & Conditions
-
Contract quantity/duration may adjust up to 25%
-
Bids must be submitted via PSU and IRDA-approved channels
-
Discrepancies in turnover figures may occur; verify ₹2.25 Lakh interpretation
Important Clauses
Payment Terms
Details not provided in data; await ATC document for milestones, timing, and retention.
Delivery Schedule
No explicit delivery timeline in available data; refer to ATC for policy issuance and activation schedule.
Penalties/Liquidated Damages
No LD details in current data; check ATC for penalties and service-level commitments.
Bidder Eligibility
-
IRDA-approved motor insurer or PSU-affiliated insurance provider
-
Experience in government or large-scale motor insurance projects
-
Financial capability to support policy issuance and claim settlement workflow
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (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
Min. Avg. Annual Turnover
2
Experience Required
7 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 - 2 Wheeler, 4 Wheeler, 6 Wheeler etc.; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC
Payment Timelines
Payments shall be made to the Seller within 15 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
Vadodara
Delivery Pincodes
390022
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Nitin R Killekar | 390022,O/o The Airport Director,Airports Authority of India, Vadodara Airport | Vadodara | Gujarat | 390022 | Project / Lumpsum Based | - | Number of vehicles to be insured : 30 Total Sum Insured : 751239 |
Authority Records
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Documents 6
GeM-Bidding-9659322.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
Corrigendum Updates
2 Updates Update
Extended Deadline
14-Aug-2026, 10:30 am
Opening Date
14-Aug-2026, 11:00 am
Update
Extended Deadline
11-Aug-2026, 10:30 am
Opening Date
11-Aug-2026, 11:00 am
Required Documents
GST registration certificate
PAN card
IRDA license/authorization for motor insurance
Experience certificates in similar government motor insurance projects
Financial statements showing turnover and stability
Technical bid documents demonstrating policy terms and settlement process
OEM/insurance partner authorizations if applicable
Any existing policy wordings and service-level commitments
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid in the motor insurance tender in Vadodara Gujarat 2026
Bidders must be IRDA-approved insurers or PSU-backed agencies. Prepare GST, PAN, IRDA license, and financial statements. The tender indicates an estimated value around ₹7,51,239.00. Submit technical and financial bids as per ATC; anticipate 25% quantity/duration adjustments post-award.
What documents are required for the AAI motor insurance bid in Gujarat
Submit GST registration, PAN, IRDA license, experience certificates for similar projects, financial statements, vendor authorizations, and policy wordings. Include technical bid detailing coverage terms, settlement timelines, and network adequacy in Vadodara 390001.
What are the vehicle categories covered under this tender in Vadodara
Coverage spans 2W, 4W, 6W with cc bands 0-1000, 1001-1500, 1501-2500, and above 2500 cc. Ensure policy terms align with IRDA guidelines and provide rapid claim settlement for diverse vehicle classes.
What are the payment terms and penalties for AAI motor insurance
Specific payment terms and liquidated damages are not disclosed in the available data; await ATC for milestone-based payments and LD percentages. Prepare compliance with standard government procurement payment schedules post policy issuance.
When is the bid submission deadline for this Gujarat tender
Deadlines are not provided in the data; bidders should monitor the online tender portal for notification of the end date and time. Ensure readiness of ERD-compliant technical and financial bids as per ATC once released.
What standards or certifications are required for the insurance bid in Vadodara
Bidders must hold IRDA authorization and be an approved insurer through PSU channels. Ensure financial stability, relevant experience in government motor insurance, and adherence to IRDA regulations; no explicit ISO/IS standards are listed in the current data.