Marine Products Export Development Authority Insurance Services Tender 2026 - ISI/ISO Standards, Make in India, 70k INR
Progress
Key Highlights
- • Make In India preference with 50% local content; OEM must certify local value addition locations
- • Dedicated toll-free service line and formal escalation matrix required
- • Office of service provider must be located in the same state as consignee
- • Past experience proofs acceptable: contract copy with invoices and client execution certificates
- • No BOQ items; estimated contract value around ₹70,000; risk/coverage limited to listed insurance categories
- • Certificates and documents must be uploaded as per Bid Document, ATC, Corrigendum
Tender Overview
The Marine Products Export Development Authority (MPEDA) invites bids for Assets Insurance Services covering Electronic Equipment Insurance, Fire Insurance with Standard Fire & Special Perils, Earthquake, Theft/Burglary, and an optional extension. Estimated value is ₹70,000. Administration is through the Department of Commerce with location details not provided. Bidders must demonstrate Make in India eligibility with at least 50% local content and obtain OEM certification. The contract requires a service presence in the consignee state, a dedicated support line, and an escalation matrix. Unique aspects include compliance with Make In India policies and verified past-experience documentation.
Technical Specifications & Requirements
- Covered risk categories: Electronic Equipment Insurance, Fire & Special Perils, Earthquake, and Theft/Burglary; optional extensions may apply.
- Local content requirement: 50%; OEM certificate specifying % local content and locations of value addition; statutory auditor/certifier endorsement for bids > ₹10 Crore.
- Service footprint: Office of service provider must be in the consignee state; dedicated toll-free service line; escalation matrix required.
- Past experience proof: Contract copies, client execution certificates, or equivalent documents accepted; self-certification for invoices acknowledged.
- Documentation: Certificates and documents cited in bid; compliance with ATC/Corrigendum.
- Estimated value signals modest scope; no BOQ items listed.
Terms & Eligibility
- EMD: Not specified; bidders must upload an undertaking regarding financial standing and non-liability to liquidation.
- Purchase preference: Make In India, Class 1 local supplier; local content declaration required; statutory auditor/certifier endorsement for higher bid values.
- Service terms: Dedicated support line; escalation matrix; office presence in consignee state.
- Past performance: Acceptable proofs include contract copies with invoices and client execution certificates.
- Documentation: Ensure submission of all certificates and documents sought in Bid Document, ATC, and Corrigendum.
Key Specifications
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Insurance coverage types: Electronic Equipment Insurance, Fire & Standard Fire & Special Perils, Earthquake, Theft/Burglary; Optional extensions may apply
-
Estimated value: ₹70,000
-
Local content: 50% minimum; OEM-generated declaration with locations of value addition
-
Service presence: Office of service provider in consignee state; dedicated toll-free number; escalation matrix
-
Past experience proofs: Contract copy with invoices and client execution certificates; alternative documents accepted
-
Documentation: Upload all certificates/documents per Bid Document, ATC, Corrigendum
Terms & Conditions
-
50% local content required with OEM certificate and location details
-
Dedicated service line and escalation matrix mandatory
-
Service provider office must be in consignee state; proof of presence required
Important Clauses
Payment Terms
Not explicitly defined; bidders must adhere to standard MPEDA procurement payment terms as per contract and ATC
Delivery Schedule
Insurance coverage activation and validity periods to be defined in policy schedule; no delivery milestones listed in data
Penalties/Liquidated Damages
Not specified in provided data; penalties, if any, will be per standard insurance procurement terms and contract
Bidder Eligibility
-
Not under liquidation or similar insolvency proceedings
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Must meet Make in India / Class 1 local supplier criteria with 50% local content
-
OEM authorization and certification documents required
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
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
Assets Insurance Service - Electronic Equipment Insurance, Fire Insurance; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/Burglary Cover; Optional
Delivery Details
Delivery Locations
1
Delivery Cities
Porbandar
Delivery Pincodes
360575
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Kumaraswamy P T | 360575,MPEDA Quality Control Laboratory, Porbandar, 2nd Floor, SHANTI Complex; 3, Wadi Plot, Opp: TACON Complex, Porbandar - 360 575, Gujarat | Porbandar | Gujarat | 360575 | Project / Lumpsum Based | - | Total Number of Asset to be Insured (Quantity) : 55 Total Sum Insured for the Assets : 35000000 |
Authority Records
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Documents 5
GeM-Bidding-9688433.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates or client execution certificates
Financial statements or self-certification of financial standing
OEM authorization/certification proving product or service capability
Proof of Make In India / local content declaration
Documentation for dedicated service line and escalation matrix
Any certificates requested in ATC or Corrigendum
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for MPEDA insurance services tender in 2026?
Bidders must upload a non-liquidation undertaking, provide OEM authorizations, and declare minimum 50% local content with locations of value addition. Include GST, PAN, experience proofs, financial statements, and a dedicated service line with escalation matrix; comply with Make In India policy.
What documents are required for MPEDA insurance tender submission in 2026?
Submit GST certificate, PAN, past performance proofs (contracts/invoices with client certificates), financial statements, OEM authorizations, local content declaration, service line details, and escalation matrix; include all certificates cited in ATC/Corrigendum.
What are the technical coverage requirements under this MPEDA bid 2026?
Coverage includes Electronic Equipment Insurance, Fire & Standard Fire & Special Perils, Earthquake, and Theft/Burglary; optional extensions may apply; ensure policy terms align with MPEDA requirements and local content declarations.
What is the local content requirement for this MPEDA insurance tender in 2026?
Minimum local content is 50%; provide OEM certificate detailing value-added locations; for bids above ₹10 Crore, certification must be by statutory auditor or chartered accountant per Make-in-India Order.
What are the service support requirements for MPEDA insurance bid 2026?
Provide a dedicated toll-free service line, an explicit escalation matrix with contact numbers, and ensure an office of the service provider in the consignee state with documentary evidence.
When is the MPEDA insurance tender submission deadline in 2026?
Exact submission deadlines are not provided in the data; bidders should monitor the tender portal and ATC/Corrigendum for final dates and submission method; ensure all certificates are uploaded before the deadline.
What are the eligibility criteria for past experience in this MPEDA bid?
Acceptable proofs include contract copies with invoices and bidder self-certification, execution certificates from clients, or third-party release notes; documentation should demonstrate prior insurance service or supply experience as specified.
What are the payment terms for MPEDA insurance supply contract 2026?
Payment terms are not explicitly stated; bidders should expect MPEDA standard procurement terms, potentially milestone or policy-activation-based payments; confirm terms in the final contract and ATC before submission.