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Contract Bidding Open For Motor Insurance Service - EV buses and chargers; Above 2500 CC

Bid Publish Date

17-Dec-2024, 3:03 pm

Bid End Date

27-Dec-2024, 3:00 pm

Progress

Issue17-Dec-2024, 3:03 pm
AwardPending
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Quantity

40

Bid Type

Two Packet Bid

Categories 3

Ntpc Vidyut Vyapar Nigam Limited announces a tender for Motor Insurance Service - EV buses and chargers; Above 2500 CC. Quantity: 40. Submission Deadline: 27-12-2024 15: 00: 00. Last date to apply is approaching fast!

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Motor Insurance Service - EV buses and chargers; Above 2500 CC

Authority Records

MINISTRY OF POWERNTPC VIDYUT VYAPAR NIGAM LIMITED

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Documents 5

GeM-Bidding-7257711.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC)

3

Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

What are the eligibility requirements for participation in this tender?

The eligibility requirements include being a registered entity providing motor insurance services. Additionally, experience in similar contracts is beneficial. Micro and Small Enterprises (MSEs) may seek exemptions from experience criteria if they provide necessary supporting documents.

What certificates are required for the submission?

Bidders must include a certification as specified in the Additional Terms and Conditions (ATC) and any additional supporting documents required. It's crucial that these documents establish the bidder's eligibility regarding experience and financial viability.

How does one register for participation in the bidding process?

Bidders typically need to register on the provided platform and ensure they possess the necessary credentials and documentation. Detailed instructions about the registration process can usually be found in the bid documentation provided by the issuing authority.

What document formats are accepted for submissions?

The tender mandates the submission of electronic documents in specified formats as outlined in the Additional Terms and Conditions. Bidders should check the latest bid documentation for detailed information regarding accepted formats.

Are there specific technical specifications that must be followed?

Yes, the tender provides a comprehensive outline of technical specifications that must be adhered to. This includes documentation in compliance with insurance regulatory standards and any additional technical competencies outlined in the bid documents.

What quality standards need to be complied with?

All bids must demonstrate compliance with quality standards set by relevant insurance regulatory authorities. Bidders should confirm adherence to these standards through the documentation submitted.

What are the compliance requirements for bids?

Compliance requirements for bids involve submitting all necessary certificates and documents, proving financial viability, and adhering to prescribed quality and technical standards.

Can you elaborate on the Earnest Money Deposit (EMD) details?

In this tender, no Earnest Money Deposit (EMD) is required, allowing for a less burdensome entry for interested bidders into the bidding process.

What are the performance security requirements?

The performance security requirements for this tender have not been specified, thus bidders should focus on compliance with financial and technical document submission.

What are the payment terms associated with this tender?

The payment terms will be clarified in the contract awarded to the successful bidder. Bidders should anticipate potential discussions on payment schedules during the evaluation phase.

How will price evaluation considerations be handled?

Price evaluation will consider the total value presented in bids. Special attention will also be given to MSEs' proposals that adhere to the required pricing margins outlined in the procurement policy.

How are submission methods structured in this tender?

Submissions must be made electronically via the designated platform stated in the tender documentation. Incorrect submission formats may lead to disqualification from the bidding process.

What key timelines and deadlines should bidders be aware of?

Although exact dates are not mentioned, bidders should carefully adhere to the timelines outlined for bid submissions, which include functionality to request technical clarifications within specified periods.

Can you explain the evaluation and selection process?

The evaluation process utilizes a Total Value Wise Evaluation method to assess bids. Factors include pricing, service capabilities, and compliance with all submission requirements.

How will results be notified after the selection process?

Results of the evaluation process will generally be communicated via the official communication channels mentioned in the bid documents associated with this tender.

What benefits do Micro and Small Enterprises (MSEs) receive through this tender?

MSEs are entitled to special purchase preferences which may enable them to secure competitive advantages in the bidding process, provided they furnish the necessary documentation to substantiate their category for eligibility.

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