Open Tender for Assets Insurance Service - As per RFP; Standard Fire & Special Perils Cover, Theft/Burglary Cover; in LUCKNOW, UTTAR PRADESH
Bid Publish Date
21-May-2025, 2:38 pm
Bid End Date
28-May-2025, 5:00 pm
Value
₹3,00,000
Location
Progress
Uttar Pradesh Cooperative Federation Limited has released a public tender for Assets Insurance Service - As per RFP; Standard Fire & Special Perils Cover, Theft/Burglary Cover; Optional in LUCKNOW, UTTAR PRADESH. Quantity: 398. Submission Deadline: 28-05-2025 17: 00: 00. Download documents and apply online.
Tender Data
Bid Details
Quantity
398
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
Requirements
Min. Avg. Annual Turnover
12
Experience Required
3 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Assets Insurance Service - As per RFP; Standard Fire & Special Perils Cover, Theft/Burglary Cover; Optional
Authority Records
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End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
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Documents 5
GeM-Bidding-7870305.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
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 UTTAR PRADESH tender market
What are the eligibility requirements for this tender?
The eligibility requirements include being a registered insurance entity that operates within India. Bidders must have proven experience in providing insurance services, particularly in areas such as fire and theft insurance. Additionally, the organization should have a strong financial background to ensure they can fulfill policy terms.
What technical specifications must be met in the proposals?
Proposals must comply with specific technical specifications such as offering coverage against standard fire, special perils, and theft/burglary. Bidders will also need to demonstrate previous experience with similar insurance contracts and present detailed policy terms that meet all local regulations.
What are the provisions for Micro, Small, and Medium Enterprises (MSEs)?
This tender includes provisions for MSEs to encourage their participation in government contracts. These provisions may include bid evaluation preferences, reduced financial guarantees, and supportive measures to increase competitive bidding from smaller enterprises.
What documents need to be submitted with the bid?
Bidders are required to submit essential documents, including a completed bid form, proof of eligibility, detailed financial proposals, and policy documents outlining coverage terms. All documents should be submitted electronically via the designated portal for the tender.
How will the evaluation and selection process be conducted?
The evaluation and selection process will focus on both technical and financial assessments. Bids will be scored based on their proposed coverage plans and financial viability. The final evaluation will consider how effectively each bid meets the tender requirements and offers competitive pricing.