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Tender Notice for Aviation Insurance Service - Helicopter; Hull Insurance, Liability Insurance, Passenger Liability, in GAUTAM BUDDHA NAGAR, UTTAR PRADESH

Bid Publish Date

20-Jun-2025, 8:47 pm

Bid End Date

16-Jul-2025, 3:00 pm

EMD

₹80,00,000

Progress

Issue20-Jun-2025, 8:47 pm
Technical15-07-2025 18:07:50
Financial
Award27-Aug-2025, 2:24 am

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.

Authority & Contact

Technical Results

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

Financial Results

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,

Contract / Result Documents 1

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Tender Data

Bid Details

Quantity

1

Bid Type

Two Packet Bid

Bid Validity

90 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

4 Days

Requirements

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

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..

Authority Records

MINISTRY OF CIVIL AVIATION

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Documents 6

GeM-Bidding-7993768.pdf

Main Document

BOQ Document

BOQ

Scope Of Work Document

SCOPE_OF_WORK

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

4 Updates
#1

Update

15-Jul-2025
#2

Update

14-Jul-2025
#3

Update

04-Jul-2025
#4

Update

04-Jul-2025

Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC)

3

Additional Doc 1 (Requested in ATC)

4

Additional Doc 2 (Requested in ATC)

5

Additional Doc 3 (Requested in ATC)

6

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

7

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

What are the eligibility requirements for participating in aviation insurance tenders?

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.

What certificates must bidders possess for aviation insurance tenders?

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.

What is the registration process for submitting a tender bid?

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.

What are the Earnest Money Deposit (EMD) requirements for this tender?

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.

What benefits are available for MSEs participating in aviation insurance tenders?

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.