Motor Insurance Service - As mentioned in Details for vehicles to be insured; Above 2500 CC,Motor I
Northern Coalfields Limited
SONBHADRA, UTTAR PRADESH
Bid Publish Date
05-Jun-2026, 10:13 am
Bid End Date
22-Jun-2026, 1:00 pm
Value
₹64,775
Progress
Quantity
1
Bid Type
Two Packet Bid
The Airports Authority Of India invites bids for Motor Insurance Service covering Various Types of Vehicles. The project is listed with an estimated value of ₹64,775.00. The procurement scope is limited to insurance services for multiple aircraft ground support and airport service vehicles, with no BOQ items published. The opportunity includes a 50% quantity/duration adjustment right at contract issuance, per the buyer’s ATC terms. This tender requires bidders to align with the buyer’s flexibility on scope while delivering compliant insurance coverage for a diversified fleet, without specified specifications in the tender data.
Product/service: Motor Insurance Service for Various Types of Vehicles
Estimated value: ₹64,775.00
Delivery/issuance: Insurance certificates and endorsements for fleet
Eligibility: valid motor insurance license; fleet insurance capability
Standards: aviation insurance norms and statutory compliance (to be specified by bidder)
ATC quantity/duration adjustment up to 50%
No BOQ items; specifications depend on bidder's insurance terms
EMD and payment terms require clarification during bid process
Not specified in tender data; bidders should seek clarification and propose standard government payment terms for insurance services
Policy issuance and endorsements to commence upon contract award; details to be confirmed with bid clarification
Not specified; bidders should propose SLA-based penalties for policy lapses or claim handling delays
Licensed motor insurance service provider with aviation fleet coverage experience
Financial statements showing solvency and mutual funds/claims handling capacity
Experience in government or aviation sector insurance procurements
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - Various Types of Vehicles; Various Types of Vehicles
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Main Document
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
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GST certificate
PAN card
Experience certificates in motor insurance for fleets
Financial statements demonstrating financial stability
Insurance broker license or insurer registration
Previous project experience with aviation or government bodies
OEM/insurer authorization documents (if applicable)
Bidders should verify eligibility, submit GST and PAN, provide fleet insurance experience, and include financial statements. Clarify EMD requirements and propose coverage terms for varied vehicle types. Ensure compliance with aviation insurance norms and submit endorsements for fleet policies along with bid documents.
Submit GST certificate, PAN, experience certificates in fleet insurance, financial statements, insurer or broker licenses, and prior government/aviation project proofs. Include policy endorsements and fleet coverage details, plus any OEM authorizations if applicable for this Airports Authority of India bid.
The estimated value is ₹64,775.00 for motor insurance across diverse airport vehicle types. The scope includes insurance coverage, endorsements, and claim handling support; no BOQ items are published, and quantity may adjust up to 50% under ATC terms.
Bidders must align with aviation insurance norms and applicable statutory requirements. Specific standards are not published in the data; propose IS or local equivalents for fleet insurance and substantiate with endorsements and policy wording for airports operations.
Payment terms are not disclosed in the tender data. Prepare to propose standard government payment terms for insurance services, including invoicing cadence, settlement timelines, and any early-payment discounts, and seek explicit terms during bid clarification.
The contract allows a 50% adjustment in quantity or duration at contract issuance. Bidders must accept revised scope if issued, and the supplier should plan coverage variability to accommodate fleet changes without service disruption.
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Main Document
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS