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MSTC Limited Assets Insurance Service Tender West Delhi Delhi 2026

Bid Publish Date

23-Feb-2026, 3:20 pm

Bid End Date

11-Mar-2026, 4:00 pm

Progress

Issue23-Feb-2026, 3:20 pm
AwardPending
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Quantity

1

Bid Type

Single Packet Bid

Categories 1

Tender Overview

Organization: MSTC Limited, conducting a procurement for Assets Insurance Service in West Delhi, Delhi 110008. The tender references a flexible quantity/contract duration clause allowing up to 25% adjustment at issuance or post-issuance. No BOQ items are listed, and no explicit estimated value or EMD is provided in the available data. This opportunity centers on insurance service provisioning for organizational assets under standard tender terms, with ATC governing bid submission rules. Respondents should prepare to align with the 25% adjustment framework and any ATC amendments issued by MSTC. This tender references standard government procurement practices and requires bidders to monitor updates to the contract scope at award.

Technical Specifications & Requirements

  • Category: Assets Insurance Service for MSTC Limited in West Delhi.
  • No explicit product specifications or itemized deliverables are published in the available data.
  • The ATC indicates contract quantity/duration may be adjusted by up to 25% at contract issue and thereafter.
  • Bidders should be prepared to provide insurance service coverage for organizational assets, subject to standard insurance terms, policy periods, and documentation requirements to be clarified in the ATC.
  • Since no BOQ or item-level details exist, emphasis is on insurer capability, policy terms, claims handling, and compliance with general procurement norms.
  • Potential bidders must anticipate post-award clarifications and ensure readiness to adapt to contract scope changes.

Terms, Conditions & Eligibility

  • EMD: Not specified in the available data; verify in ATC.
  • Delivery/Service Timeline: Not specified; scope likely aligned to policy periods and asset coverage terms in the final contract.
  • Payment Terms: Not specified; confirm in ATC and contract documents.
  • Documents: GST, PAN, financial statements, insurance license/certification, previous similar project references (to be confirmed in ATC).
  • Contract Clause: Quantity/duration may be increased up to 25% at issue; bidders must accept revised scope.
  • BOQ: Not available; no itemized deliverables listed in current data.
  • Ensure compliance with standard government procurement terms and final ATC amendments before bid submission.

Key Specifications

    • Product/Service: Assets Insurance Service for MSTC Limited, West Delhi, Delhi 110008
    • Estimated value: Not specified in current data
    • EMD: Not specified in current data; verify in ATC
    • Standards/Certifications: Not specified in current data; confirm required licenses in ATC
    • Delivery/Service scope: Insurance coverage terms to be clarified in final contract
    • OEM/Brand: Not specified in current data; refer to ATC for any specific insurer requirements

Terms & Conditions

  • Key Term 1: Quantity/duration amendment up to 25% at contract issue and post-issuance under ATC

  • Key Term 2: Verify EMD amount and submission format in final ATC and tender terms

  • Key Term 3: Submission of GST, PAN, financials, and insurance licenses as core documents

Important Clauses

Payment Terms

Payment terms to be detailed in ATC/contract; bidders should expect standard government practice after policy issuance

Delivery Schedule

Service delivery/coverage period to be defined in final contract; monitor ATC for policy term alignment

Penalties/Liquidated Damages

Penalties, LD, or performance bonds to be specified in ATC; ensure compliance with insurance service deliverables

Bidder Eligibility

  • Eligibility criterion 1: Valid insurance licensing and regulatory compliance

  • Eligibility criterion 2: Capacity to provide enterprise-grade asset insurance coverage

  • Eligibility criterion 3: Prior experience in government or large-scale insurance service contracts

Documents 6

GeM-Bidding-9031379.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for insurance service delivery

4

Financial statements / turnover details (past 3 years if requested)

5

Proof of prior similar insurance contracts (if required by ATC)

6

Insurance license/certification and OEM authorizations (if applicable)

7

EMD submission proof (amount/format as per ATC) and payment details

8

Technical bid documents and any ATC-specified compliance certificates

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for assets insurance service tender in West Delhi MSTC?

Bidders should review the ATC for ISTS details, submit GST and PAN, provide prior insurance contracts, and attach license/certifications. Ensure readiness for up to 25% scope adjustment during award. Prepare financial statements and EMD submission as specified in the final ATC.

What documents are required for MSTC insurance tender in Delhi?

Mandatory documents include GST certificate, PAN card, financial statements, experience certificates for insurance services, insurance licenses, OEM authorizations if applicable, and EMD proof. Attach technical bid documents and any ATC-complied certifications as requested.

What are the delivery terms for MSTC assets insurance service?

Delivery is aligned with the final contract term and policy period. Specific timelines will be clarified in the ATC; bidders should anticipate coverage to commence upon contract award and continue through policy periods with renewal options.

What are the EMD requirements for this MSTC tender in Delhi?

EMD details are to be confirmed in the ATC. When specified, bidders must submit the EMD amount via the approved mode (DD/online) and ensure validity through the bid submission and award periods.

Which standards or licenses must insurers meet for this MSTC bid?

Bidders should expect to meet regulatory insurance licensing, potential ISI/ISO-related standards if referenced in ATC, and any organization-specific policy compliance. Final standards will be detailed in the ATC and contract documentation.

How does the 25% quantity adjustment clause affect bids?

The contract allows a bid quantity or duration adjust up to 25% at issuance and post-award. Bidders must accept these revisions and demonstrate capability to scale service coverage accordingly within the final contract framework.

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