Bid Publish Date
20-Jun-2025, 8:47 pm
Bid End Date
16-Jul-2025, 3:00 pm
EMD
₹80,00,000
Location
Progress
A tender has been published for Pawan Hans Limited Aviation Insurance Service - Helicopter; Hull Insurance, Liability Insurance, Passenger Liability, In-Flight Insurance, Ground Risk Insurance, Crew/pilot liability, War and terrorism coverage, Third-party Insurance, Aircraft Insurance, Helicopter Spa. . in GAUTAM BUDDHA NAGAR, UTTAR PRADESH. Quantity: 1 by. Submission Deadline: 16-07-2025 15: 00: 00. Check eligibility and apply.
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 15-07-2025 18:07:50 | |
| 2 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 16-07-2025 11:32:36 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | Item Categories : Aviation Insurance Service - Helicopter; Hull Insurance, Liability Insurance, Passenger Liability, | |
| L2 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Aviation Insurance Service - Helicopter; Hull Insurance, Liability Insurance, Passenger Liability, |
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Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
4 Days
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Aviation Insurance Service - Helicopter; Hull Insurance, Liability Insurance, Passenger Liability, In-Flight Insurance, Ground Risk Insurance, Crew/pilot liability, War and terrorism coverage, Third-party Insurance, Aircraft Insurance, Helicopter Spa..
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Main Document
BOQ
SCOPE_OF_WORK
GEM_GENERAL_TERMS_AND_CONDITIONS
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Certificate (Requested in ATC)
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
Key insights about UTTAR PRADESH tender market
The eligibility requirements include being a registered legal entity within the insurance sector, having relevant experience in providing aviation insurance, and ensuring compliance with the legal provisions governing insurance services in India. Financial stability to mitigate aviation risks is also essential.
Bidders should hold necessary certifications relating to their status as authorized insurance providers. This includes obtaining solvency certificates, professional indemnity insurance, and any other relevant regulatory certifications that demonstrate their capability to handle aviation risks effectively.
The registration process involves completing the online bidder registration on the official portal. Bidders are required to submit relevant documentation verifying their credentials, including compliance with specified technical specifications and licensing requirements.
Bidders must provide an Earnest Money Deposit (EMD) as specified in the tender documents. This amount serves to validate the seriousness of the bid and is returned upon conclusion of the tender process, barring conditions of disqualification or withdrawal from the process.
Micro, Small, and Medium Enterprises (MSEs) are encouraged to participate, with special provisions in place that accentuate their contributions. This includes potential exemptions in terms of bid pricing and additional considerations during the evaluation phase to bolster participation in line with 'Make in India' policies.