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GEM

Hindustan Steelworks Construction Limited Motor Insurance Service Tender 4 Wheeler 1001-1500 CC 2025

Bid Publish Date

28-Oct-2025, 4:11 pm

Bid End Date

17-Nov-2025, 4:00 pm

Location

24 PARAGANAS NORTH , WEST BENGAL

Latest Corrigendum Available

Progress

Issue28-Oct-2025, 4:11 pm
Corrigendum14-Nov-2025
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Key Highlights

  • • Hindustan Steelworks Construction Limited motor insurance service for 4-wheeler vehicles (1001-1500 CC)
  • • SOW attachment governs scope; BOQ contains 0 items, implying coverage is defined within policy terms
  • • EMD amount and estimated contract value are not disclosed in the tender excerpt
  • • No explicit location or date details; bidders must rely on the attached SOW for timelines and eligibility
  • • No listed standards (IS/ISO) in the data; anticipate standard motor insurance compliance in the SOW

Categories 3

AGITATORS INSURANCE SERVICE TURBINE PUMPS

Tender Overview

Hindustan Steelworks Construction Limited invites bids for Motor Insurance Service covering a 4 Wheeler in the 1001-1500 CC category. The tender scope references a Buyer Added Bid Specific Scope of Work (SOW) file attachment, with no BOQ items listed and an undisbursed EMD amount. Location and start/end dates are not disclosed in the record. The opportunity hinges on navigating the attached SOW, aligning with vehicle insurance service standards, and meeting unspecified regulatory prerequisites. Unique context includes reliance on user-provided SOW and absence of itemized quantities, signaling a flexible coverage approach subject to policy terms.

Technical Specifications & Requirements

  • Product/Service: Motor Insurance Service for 4 Wheeler (1001-1500 CC) vehicles.
  • SOW reference: File attachment for scope details (view required).
  • BOQ: 0 items; no listed quantities, requiring bidders to infer coverage needs from the SOW.
  • Standards/Compliance: Not explicitly stated in the data; bidders should anticipate standard motor insurance requirements (policy issuance, renewal, claims handling).
  • Delivery/Implementation: Not specified; bidders should align with policy lifecycle delivery as described in the SOW.
  • Experience/Capability: Not defined in the tender data; consider typical insurance service providers with vehicle risk management capabilities.
  • EMD/Estimated Value: Not disclosed in the tender excerpt; prepare to verify in the SOW.

Terms, Conditions & Eligibility

  • EMD: Amount not disclosed; verify in SOW and tender documents.
  • Documents: Required submission details to be extracted from the SOW and terms; typical items include GST, PAN, financials, and prior insurance service experience.
  • Delivery/Timeline: Not specified in the data; confirm policy start date and renewal cadence per SOW.
  • Payment Terms: Not stated; expect standard insurance service billing terms upon policy issuance and claims handling milestones.
  • Warranty/Support: Not mentioned; assess post-implementation support in the SOW and policy terms.
  • Eligibility: No explicit criteria provided; evaluate through SOW-based qualifications and insurer credentials.

Key Specifications

  • Product/service: Motor Insurance Service for a 4 Wheeler in the 1001-1500 CC category

  • BOQ: 0 items; scope defined via SOW file attachment

  • EMD/Value: Not disclosed; verify in the SOW

  • Delivery: Policy issuance, renewal, and claims handling lifecycle per SOW

  • Compliance: Standard motor insurance practices; specific standards to be confirmed in SOW

Terms & Conditions

  • EMD amount not disclosed; confirm via SOW and tender documents

  • SOW governs scope and required documents; ensure alignment with policy terms

  • Delivery and payment terms to be clarified in SOW; prepare for policy-based billing

Important Clauses

Payment Terms

Payment terms to be clarified in the SOW; anticipate policy issuance and renewal billing upon service milestones

Delivery Schedule

Policy start date, renewal cadence, and claims processing timelines to be defined in the SOW

Penalties/Liquidated Damages

No LD details provided; confirm penalties or service-level obligations within the SOW

Bidder Eligibility

  • Experience in providing motor insurance services for passenger vehicles (4-wheeler) within 1001-1500 CC category

  • Financial capacity to support ongoing policy issuance and claims management

  • Compliance with local regulatory and insurance sector requirements as per SOW

Past Similar Tenders (Historical Results)

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Posted: 13 December 2024
Closed: 23 December 2024
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Motor Insurance Service - 4 Wheeler; 1001 to 1500 CC

N/a

GURGAON, HARYANA

Posted: 7 February 2025
Closed: 22 February 2025
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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for prior motor insurance services

4

Financial statements (latest audited)

5

EMD deposit proof (if required per SOW)

6

Technical bid documents and policy compliance certificates

7

OEM or insurer authorizations (if required by SOW)

Corrigendum Updates

2 Updates
#1

Update

14-Nov-2025

Extended Deadline

17-Nov-2025, 4:00 pm

Opening Date

17-Nov-2025, 4:30 pm

#2

Update

11-Nov-2025

Extended Deadline

14-Nov-2025, 4:00 pm

Opening Date

14-Nov-2025, 4:30 pm

Frequently Asked Questions

Key insights about WEST BENGAL tender market

How to bid for motor insurance service tender in unknown location?

Bidders must review the SOW attachment for scope details, submit GST, PAN, and financials, and provide prior motor insurance experience. Prepare policy compliance certificates and insurer credentials to meet eligibility criteria from the SOW, then submit as per tender submission instructions.

What documents are required for motor insurance procurement in this tender?

Submit GST registration, PAN card, experience certificates for similar insurance services, latest audited financial statements, bid technical documents, and any OEM authorizations or insurer credentials specified in the SOW. EMD proof, if required, should be included per SOW terms.

What is the eligibility criteria for the 4 wheeler insurance bid 1001-1500 CC?

Eligibility hinges on prior motor insurance service experience, financial stability, and compliance with regulatory norms. The exact criteria are defined in the SOW; bidders should ensure policy issuance capabilities, claims handling capacity, and necessary insurer licenses.

What are the technical specifications for motor insurance service in this bid?

Specifications reference a 4 Wheeler vehicle category (1001-1500 CC) with coverage terms defined in the SOW. No separate BOQ items are listed; expect standard coverage, renewal terms, and claims processing requirements outlined in the SOW attachment.

When is the delivery/start date for the motor insurance service?

The tender excerpt does not specify dates. The SOW will define policy start dates, renewal cadence, and any deployment milestones. Bidders should confirm these timelines during qualification and submission.

What are the payment terms for this motor insurance procurement?

Payment terms are not disclosed in the data. The SOW typically outlines billing upon policy issuance and renewal, with potential milestone-based payments. Verify exact terms in the SOW and align bids accordingly.

How to verify EMD amount for the insurance service tender?

EMD amount is not disclosed in the tender excerpt. Check the SOW attachment and tender portal for the exact EMD requirement, payment method, and due dates, then attach the proof with the bid submission.

What submission process should bidders follow for this motor insurance bid?

Follow the SOW-driven submission process: prepare standard bids with technical and financial sections, include all required documents (GST, PAN, experience, financials), and submit via the specified portal or email as per the SOW instructions; ensure compliance with policy terms.