Bid Publish Date
01-Oct-2026, 6:41 pm
Bid End Date
12-Oct-2026, 5:00 pm
Location
Progress
The Indian Navy invites bids for coverage of transit insurance from Karwar to Mumbai in Karnataka, covering maritime routes and inland segments. The opportunity contemplates flexible scope, with a 50% increase/decrease in contract quantity or duration permitted before award and up to 50% after award. Bidders must demonstrate sound financials and non-liquidation status, plus acceptance of sub-contracting rules. The procurement requires a dedicated service presence within the consignee state and a toll-free support channel. This tender emphasizes service continuity, escalation contact details, and rigorous documentation compliance to safeguard state assets in transit. The absence of BOQ items underscores the emphasis on service capability and risk coverage standards.
Transit insurance coverage for Karwar to Mumbai route
Contract quantity/duration flexibility up to 50%
State-specific service office proof in Karnataka
Dedicated toll-free service support number
Escalation matrix with contact details
All required certificates as per ATC and Corrigendum
50% change in quantity or duration allowed pre- and post-award
Service provider must have a Karnataka presence and proper documentation
Mandatory dedicated toll-free support and escalation matrix
Not specified in the provided data
Coverage scope defined as transit insurance from Karwar to Mumbai; no explicit timeline provided
Not detailed in the available information
Not under liquidation, court receivership, or bankruptcy
Must provide undertaking confirming financial stability
Must have Karnataka state presence with documentary evidence
Quantity
1
Similar Category
Marine and Transit Insurance Service
Bid Type
Single Packet Bid
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Min. Avg. Annual Turnover
1
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Custom Bid for Services - COVERAGE OF TRANIST INSURANCE FROM KARWAR TO MUMBAI
Delivery Locations
1
Delivery Cities
UTTARA KANNADA
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| - | UTTARA KANNADA | UTTARA KANNADA | - | - | Project / Lumpsum Based | - | - |
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates in transit insurance or related services
Financial statements proving financial stability
EMD submission proof (as per ATC)
Technical bid documents and compliance certificates
OEM authorizations or service provider certifications
Documentary evidence of local office presence in Karnataka
Key insights about KARNATAKA tender market
Bidders must demonstrate non-liquidation status, provide an undertaking, and submit all required certificates. The contract allows a 50% variation in quantity or duration before and after award, so include scalable coverage plans and pricing to accommodate scope changes while ensuring Karnataka office presence and a toll-free support line.
Submit GST registration, PAN, financial statements, experience certificates in transit insurance, EMD proof, technical bid, OEM authorizations, and documentary evidence of a Karnataka office. Ensure ATC and corrigenda compliance; lack of certificates may lead to bid rejection.
Applicants must not be in liquidation, must upload an undertaking confirming financial stability, and must have a dedicated Karnataka presence. Sub-contracting requires prior written consent from the buyer and retains joint liability for performance.
Bidders must provide a dedicated toll-free service line and a documented escalation matrix. These must be accessible for the Indian Navy's assessment and must align with the ATC terms to ensure prompt issue resolution for transit insurance coverage.
The contract allows a 50% increase/decrease in scope; bidders should present scalable delivery and price models to accommodate changes without disruption. Ensure clearly defined coverage SKUs and renewal terms within the escalation framework.
Upload all certificates requested in the Bid Document, ATC, and corrigenda, including insurance certifications, financial stability proofs, and any OEM authorizations. Missing certificates may lead to rejection during bid evaluation.
The service provider must have an office located in the consignee state, Karnataka, with documentary evidence to support address, registration, and operational capabilities for timely service support.
The provided data does not specify explicit LD or penalty terms; bidders should anticipate standard government risk coverage penalties and ensure their bid includes robust service continuity plans and escalation procedures to mitigate potential non-performance.