National Film Development Corporation Limited Motor Insurance Service Tender 4 Wheeler 1501-2500 CC Central Delhi 2026

Tender Overview

National Film Development Corporation Limited seeks a vendor for Motor Insurance Service covering 4 Wheeler (1501 to 2500 CC) registered in Central Delhi, Delhi 110002. Estimated value is ₹50,000 with no BOQ items listed. The procurement centers on insurance coverage rather than goods, with a flexible scope clause allowing up to 50% increase/decrease in quantity or duration at contract issue or issuance. This tender emphasizes service delivery and policy management rather than physical supply, and requires bidders to align with government procurement norms under the Ministry of Information and Broadcasting. The absence of specific technical specs requires bidders to demonstrate insurance capabilities, process efficiency, and compliance readiness to participate.

Technical Specifications & Requirements

• Product/Service: Motor Insurance Service for 4 Wheeler; 1501-2500 CC motorcycles and cars
• Estimated Value: ₹50,000; no listed BOQ items
• Delivery/Scope: Insurance coverage terms, policy management, and claim handling for nominated vehicles within Delhi
• Standards/Compliance: Not specified in tender data; bidders should demonstrate standard motor insurance compliance, risk assessment capabilities, and insurer licensing as applicable
• Special Clauses: Option Clause 50% allows scope/duration adjustments up to 50% at contract issue or as per lumpsum service terms; ensure consent for scope changes
• EMD/Financials: Not specified in data; bidders should confirm refundable security as per applicable GOI norms

Terms, Conditions & Eligibility

• 50% Variation Clause: Buyer may increase/decrease contract quantity or duration up to 50%; post-issuance, adjustments capped at 50%
• Documentation Requirements: Not specified in terms; typical submissions include GST, PAN, company details, insurance license/certification, financials, and experience certs
• BOQ Status: No BOQ items available; tender does not provide itemized quantities
• Eligibility Focus: Prove ability to manage motor insurance for the specified CC range and comply with government procurement practices
• Payment/Delivery: Not detailed; bidders should seek confirmation on payment terms and policy issuance timelines