Invitation to Bid - Motor Insurance Service - 4 Wheeler; 1501 to 2500 CC in BANGALORE, KARNATAKA
Progress
Public procurement opportunity for Indian Statistical Institute Motor Insurance Service - 4 Wheeler; 1501 to 2500 CC in BANGALORE, KARNATAKA. Quantity: 1 issued by. Submission Deadline: 27-03-2025 17: 00: 00. View full details and respond.
Tender Data
Bid Details
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Requirements
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 - 4 Wheeler; 1501 to 2500 CC
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 3
GeM-Bidding-7650815.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Additional Doc 1 (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
Frequently Asked Questions
Key insights about KARNATAKA tender market
What are the eligibility requirements for Motor Insurance Service tender?
The eligibility requirements include being a registered entity and holding a valid license to provide comprehensive insurance services specific to motor vehicles with engine capacities between 1501 to 2500 CC. Additionally, bidders should demonstrate a proven history of service provision in the motor insurance sector, ensuring reliability and expertise in managing claims.
What certificates are required for participation in the tender?
Bidders must submit relevant certificates that validate their registration as an insurance provider. This may include licenses, financial solvency documents, and any additional certifications that prove the company’s capability to provide motor insurance services effectively.
What is the registration process for this tender?
The registration process entails that interested parties must first ensure they meet all eligibility criteria. Once confirmed, bidders should prepare their proposal along with required documentation and submit it through the designated online tender submission portal before the set deadlines.
What formats are accepted for document submissions?
Accepted document formats typically include PDF and Word files for the submission of proposals and supporting documentation. It is essential for bidders to adhere to any formatting guidelines outlined in the tender documentation to ensure compliance.
What are the payment terms associated with the tender?
The payment terms for the awarded contract will be discussed and agreed upon between the Ministry and the selected insurance provider during the contract negotiation phase. Typically, payments are made based on milestones or upon completion of service deliverables as outlined in the final agreement.