Airports Authority Of India Motor Insurance Service Tender Ludhiana Punjab 6 Wheeler Above 2500 CC 2025

Tender Overview

Airports Authority Of India (AAI) invites bids for Motor Insurance Service covering a 6 wheeler; above 2500 CC category located in Ludhiana, Punjab. The estimated value is ₹8,806. The procurement appears to allow flexible contract quantity/duration with up to 25% adjustment at issuance and thereafter. An EXCESS SETTLEMENT option enables service providers to include additional charges up to a defined percentage, with necessary supporting documents. No detailed BOQ items or explicit technical specifications are provided in the tender data. Bidders should prepare to demonstrate capability to insure high-displacement, multi-axle vehicle fleets under standard motor insurance terms for government contracts. This tender is positioned within the Airports Authority of India procurement portfolio and may involve compliance with specific ATC documents uploaded by the buyer. Unique terms include optional quantity/duration expansion and an invoicing mechanism for excess charges. The opportunity targets insurers with national reach and experience in government-related motor insurance for heavy vehicles.

Technical Specifications & Requirements

• Category: Motor Insurance Service for a 6 wheeler; above 2500 CC vehicle under AAI
• Location: Ludhiana, Punjab 141001
• Estimated Value: ₹8,806
• Specifications Provided: None detailed; no BOQ items
• Standards/Compliance: Not specified in the data; bidders should expect standard motor insurance terms and applicable government procurement compliance
• ATC Upload: Buyer uploaded ATC document referenced; confirm requirements during bid submission
• Quantity/Duration Flexibility: Up to 25% adjustment permitted at contract issuance and post
• Excess Settlement: Possible inclusion of additional charges up to a set percentage with supporting documents
• EMD: Not specified in the data; verify in terms
• Delivery/Activation: Not detailed; align with government contracting norms

Terms, Conditions & Eligibility

• Option Clause: Quantity or duration may be altered up to 25% at contract issue and upon issuance
• Excess Settlement: Additional charges allowed up to a percentage of item-level total; require mandatory supporting documents
• ATC Document: An uploaded ATC file is part of the terms; verify exact clauses
• EMD: Amount not specified; bidders must confirm prevailing EMD requirements in the tender
• Submission Docs: Typical GOR documents (GST, PAN, financials, experience certificates) may be required; confirm exact list in ATC
• Compliance: Government procurement rules; ensure alignment with AAI’s internal policies and audit trails