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Airports Authority Of India Motor Insurance Service for Aircraft >2500 CC DIU Daman & Diu 2026 Tender

Bid Publish Date

18-May-2026, 4:34 pm

Bid End Date

02-Jun-2026, 1:00 pm

Value

₹1,65,048

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Progress

Issue18-May-2026, 4:34 pm
Technical20-05-2026 14:00:24
Financial
AwardCompleted
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Critical clause granting up to 25% contract quantity/duration variation at issue and post-issuance
  • Category: Motor Insurance Service for aircraft above 2500 CC under Airports Authority Of India
  • Location: DIU, Daman & Diu (362520); estimated value ₹165,048.00
  • ATC document governs bidder submissions and any additional terms (not disclosed in data)
  • No BOQ items available; no explicit start/end dates shown in the provided data
  • No EMD amount disclosed; bidders must verify ATC for exact EMD and payment terms
  • No technical specifications listed; rely on ATC and standard motor insurance policies for aircraft
  • No mandatory product standards stated in the extract; potential reliance on insurer compliance with aviation/insurance norms

Categories 3

Tender Overview

The tendering authority is the Airports Authority Of India for a Motor Insurance Service covering aircraft with engine capacity above 2500 CC, located at DIU, Daman & Diu (362520). The estimated contract value is ₹165,048.00, with no BOQ items listed in the available data. The data references a contract quantity/duration variation clause permitting up to 25% modification at the time of contract issuance and for lumpsum service contracts, scope expansion also up to 25% with provider consent. No start or end dates are provided in the excerpt. The entry indicates an ATC document with bidder-specific terms linked but not disclosed here.

Technical Specifications & Requirements

  • Product/Service: Motor Insurance Service for Aircraft (ACFT) with engine capacity above 2500 CC
  • Estimated contract value: ₹165,048.00
  • Location: DIU, DAMAN & DIU 362520
  • BOQ items: Total items listed as 0 (no itemized quantities available)
  • Variation clause: Buyer can adjust contract quantity/duration up to 25%; post-issuance adjustments capped at 25%; lumpsum scope expansions allowed up to 25% with consent
  • EMD: Amount not disclosed in the available data; no explicit payment terms shown
  • Specifications status: No product-specific technical specs provided in the excerpt; bidder to rely on ATC and standard motor insurance terms

Terms, Conditions & Eligibility

  • EMD submission requirement: Amount not disclosed in the provided data; refer to ATC for exact value and mode
  • Variation rights: Up to 25% increase/decrease in quantity or contract duration; service scope may be expanded by up to 25% with consent
  • Delivery/implementation timeline: Not specified in the excerpt; refer to ATC for delivery expectations
  • Payment terms: Not described in the available data; bidder should verify ATC for milestones and settlement terms
  • Documentation: ATC references required bidder submissions; GST, PAN, experience and financial documents are typically expected but not listed here
  • Miscellaneous: Start/end dates not provided; follow ATC for governing clauses and conditions

Key Specifications

  • Motor Insurance Service for Aircraft (ACFT) with engine size >2500 CC

  • Estimated contract value: ₹165,048.00

  • Location: DIU, DAMAN & DIU (362520)

  • BOQ items: 0 (no itemized quantities provided in data)

  • Variation rights: ±25% quantity/duration, 25% scope expansion with consent

  • EMD amount and payment terms not disclosed in available data

  • ATC-based submission requirements govern bid compliance

Terms & Conditions

  • Procurement involves motor insurance for aircraft above 2500 CC located in DIU, with estimated value ₹165,048

  • Bid variation up to 25% and potential 25% scope expansion with consent under ATC

  • EMD, payment terms and delivery timelines are not detailed in the data; verify ATC

Important Clauses

Payment Terms

Not specified in the provided data; ATC will define milestones and settlement terms.

Delivery Schedule

Not specified in the provided data; refer to ATC for delivery/implementation timelines.

Penalties/Liquidated Damages

Not specified in the provided data; ATC will state any LD provisions or performance bonds.

Bidder Eligibility

  • Eligibility for aviation motor insurance procurement under Airports Authority Of India

  • Demonstrated experience in aviation insurance or motor insurance services for aircraft

  • Financial viability evidenced by financial statements and tax registrations

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Motor Insurance Service - ACFT; Above 2500 CC

Authority Records

MINISTRY OF CIVIL AVIATIONAIRPORTS AUTHORITY OF INDIA

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Documents 6

GeM-Bidding-9312991.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Documents typically required to participate (as per T&C/ATC): GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates in motor insurance for aviation

4

Financial statements of the bidder

5

EMD/Security deposit as specified in ATC

6

Technical bid documents demonstrating policy coverage scope

7

OEM authorizations or insurer credentials (if required by ATC)

8

Any ATC-specified forms or declarations

Corrigendum Updates

1 Update
#1

Update

30-May-2026

Extended Deadline

02-Jun-2026, 1:00 pm

Opening Date

02-Jun-2026, 1:30 pm

Technical Results

S.No Seller Date Status
1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
20-05-2026 14:00:24

Financial Results

Rank Seller Price Item
L1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Motor Insurance Service - ACFT; Above 2500 CC

Frequently Asked Questions

Key insights about DAMAN & DIU tender market

How to bid for Airports Authority Of India motor insurance tender in DIU for aircraft above 2500 CC?

Bidders should review the ATC linked to the tender for submission requirements, ensure compliance with aviation insurance norms, and submit documents such as GST, PAN, experience certificates, financial statements, and EMD as specified. The data shows a 25% variation clause and no BOQ items.

What documents are required for the AAI aviation insurance bid in DIU 2026?

Required documents typically include GST certificate, PAN, experience certificates in aviation/motor insurance, financial statements, EMD/Security deposit, and technical bid documents. Verify the ATC for exact forms and OEM authorizations if applicable.

What are the special variation clauses for contract quantity in this tender?

The buyer can increase or decrease contract quantity or duration up to 25% at contract issue; post-issuance, quantity/duration can still adjust within the same 25% cap. For lumpsum contracts, scope expansion up to 25% requires service provider consent.

When will the delivery schedule be defined for the Aircraft Insurance service?

Delivery/implementation timelines are not specified in the data; bidders must rely on the ATC for project start, coverage periods, and renewal cycles once issued.

What is the estimated value and location for the DIU aircraft insurance tender?

Estimated contract value is ₹165,048.00, with location DIU, Daman & Diu (362520). No BOQ quantity is listed, so bidders should prepare proposals covering aircraft insurance coverage within this budget.

What standards or certifications are required for the motor insurance bid in DIU?

The excerpt does not list specific standards; bidders should anticipate compliance with aviation insurance norms and insurer licensing. Confirm IS/ISO standards in ATC and ensure coverage meets aircraft risk requirements.

How does the ATC influence bidder submissions for this AAI tender in DIU?

ATC governs bidder submission requirements, terms of variation, and any additional clauses. Bidders must download and adhere to ATC guidance to ensure eligibility, including any OEM authorizations and coverage specifications.

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