Procurement Opportunity: Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Li in SOUTH DELHI, DELHI
Bid Publish Date
01-Sep-2025, 2:36 pm
Bid End Date
13-Sep-2025, 5:00 pm
Value
₹2,01,13,736
Location
Progress
RAQuantity
1
Bid Type
Two Packet Bid
Categories
3
A tender has been published for Ans, finance, hr, engineering, tech, ops, commercial, general Store, it Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Liability, Ground Risk Insurance, Crew/pilot liability, War and terrorism coverage, Third-party Insurance, Aircraft Insurance, In-Flight Insurance; Yearl. . in SOUTH DELHI, DELHI. Quantity: 1 by. Submission Deadline: 13-09-2025 17: 00: 00. Check eligibility and apply.
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Liability, Ground Risk Insurance, Crew/pilot liability, War and terrorism coverage, Third-party Insurance, Aircraft Insurance, In-Flight Insurance; Yearl..
Authority Records
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Documents 5
GeM-Bidding-8239828.pdf
Main Document
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Reverse Auction Schedule
Start
26-Sep-2025, 12:00 pm
End
30-Sep-2025, 10:00 am
Duration: 94 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 13-09-2025 12:59:26 | |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 13-09-2025 12:57:37 | |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 13-09-2025 16:27:11 | |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | 12-09-2025 21:04:24 |
Reverse Auction Results Final Prices
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA Winner | ₹90,54,546 | Item Categories : Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Li |
| L2 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | ₹90,66,166 | Item Categories : Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Li |
| L3 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | ₹3,00,97,434 | Item Categories : Aviation Insurance Service - Fixed-wing Aircraft; Hull Insurance, Liability Insurance, Passenger Li |
🎉 L1 Winner
THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA
Final Price: ₹90,54,546
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Unlock Tender Documents
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Documents 5
GeM-Bidding-8239828.pdf
Main Document
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS