Bids are Invited For Marine and Transit Insurance Service - Inland Transit; Land, Air in WEST DELHI, DELHI
Bid Publish Date
23-Apr-2025, 12:57 pm
Bid End Date
21-May-2025, 3:00 pm
Value
₹25,00,000
Location
Progress
Public procurement opportunity for Central Medical Services Society (cmss) Marine and Transit Insurance Service - Inland Transit; Land, Air in WEST DELHI, DELHI. Quantity: 1 issued by. Submission Deadline: 21-05-2025 15: 00: 00. View full details and respond.
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | GO DIGIT GENERAL INSURANCE LIMITED Under PMA | 07-05-2025 11:42:24 | |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | 20-05-2025 14:03:18 | |
| 3 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Under PMA | 20-05-2025 17:41:37 | |
| 4 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 16-05-2025 17:03:20 | |
| 5 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 13-05-2025 17:09:56 | |
| 6 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | 20-05-2025 17:44:58 | |
| 7 | UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED Under PMA | 21-05-2025 13:46:40 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Marine and Transit Insurance Service - Inland Transit; Land, Air | |
| L2 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | Item Categories : Marine and Transit Insurance Service - Inland Transit; Land, Air | |
| L3 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | Item Categories : Marine and Transit Insurance Service - Inland Transit; Land, Air |
Contract / Result Documents 1
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Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
3 Days
Requirements
Min. Avg. Annual Turnover
100
Experience Required
5 Year (s)
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
Marine and Transit Insurance Service - Inland Transit; Land, Air
Authority Records
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Documents 6
GeM-Bidding-7763903.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
2 Updates Update
Update
Extended Deadline
21-May-2025, 9:30 am
Opening Date
21-May-2025, 10:00 am
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Additional Doc 4 (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 DELHI tender market
What are the eligibility requirements for the GEM/2025/B/6161922?
The eligibility requirements include being a registered entity in India, possessing experience in providing insurance services, and demonstrating compliance with applicable regulations. Bidders must also present proof of their capability to deliver promptly and effectively under the terms of the tender.
What certificates are required for the Marine and Transit Insurance Service?
Bidders need to provide relevant certificates such as insurance licenses, proof of previous experience with similar projects, and any quality certifications that reflect compliance with industry standards. These documents will help demonstrate the bidder's operational expertise and capability.
What is the registration process for this tender?
The registration process entails creating a profile on the government e-marketplace (GEM) platform. Once registered, bidders can access the tender documentation, prepare proposals, and submit them electronically within the specified timeframe.
What are the payment terms for the Marine Insurance Services?
The payment terms will be defined in the proposal, and bidders must clearly outline their payment structure. Typically, payments are made upon delivery of services or milestones within the insurance policy, as agreed upon in the contract.
Are there any benefits for Micro, Small, and Medium Enterprises (MSEs) participating in this tender?
Yes, the tender provides special provisions for MSEs, allowing for preferential treatment during the evaluation process. This encourages broader participation from smaller firms aiming to enter the insurance market and supports the government’s initiative to boost local enterprises.