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GEM

Bids are Invited For Liability Insurance Service - Employer’s liability and workers' compensation, Director and Office in MUMBAI, MAHARASHTRA

Bid Publish Date

13-May-2025, 4:16 pm

Bid End Date

26-May-2025, 2:00 pm

EMD

₹2,00,000

Generate Docs

Progress

Issue13-May-2025, 4:16 pm
Technical26-05-2025 13:50:08
Financial
Award08-Jun-2025, 8:46 am
Explore all 4 tabs to view complete tender details

Quantity

6

Bid Type

Two Packet Bid

Categories 8

Ai Engineering Services Limited invites bids for Liability Insurance Service - Employer’s liability and workers' compensation, Director and Officer liability coverage, Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, Marine – cum – Erection (MCE), All Risk Policy, Fire Insurance, Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurr. . , Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, Overseas Travel and Medical Insurance Service - Official travel (business or training), Marine and Transit Insurance Service - Marine Cargo Inland, Inland Transit, Marine Cargo Exports/Imports; Land, Sea, Air, Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidental death (not natural), Permanent partial disability, Permanent total disability in MUMBAI, MAHARASHTRA. Quantity: 6. Submission Deadline: 26-05-2025 14: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Liability Insurance Service - Employer’s liability and workers' compensation, Director and Officer liability coverage , Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, Marine – cum – Erection (MCE), All Risk Policy, Fire Insurance, Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurr.. , Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC , Overseas Travel and Medical Insurance Service - Official travel (business or training) , Marine and Transit Insurance Service - Marine Cargo Inland, Inland Transit, Marine Cargo Exports/Imports; Land, Sea, Air , Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidental death (not natural), Permanent partial disability, Permanent total disability

Authority Records

MINISTRY OF CIVIL AVIATIONAI ENGINEERING SERVICES LIMITED
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Documents 4

GeM-Bidding-7835477.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

Additional Doc 1 (Requested in ATC)

2

Additional Doc 2 (Requested in ATC)

3

Additional Doc 3 (Requested in ATC)

4

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

5

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

Corrigendum Updates

1 Update
#1

Update

22-May-2025

Extended Deadline

26-May-2025, 2:00 pm

Opening Date

26-May-2025, 2:30 pm

Technical Results

S.No Seller Date Status
1
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
26-05-2025 13:50:08
2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
26-05-2025 13:53:26
3
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
26-05-2025 13:06:52
4
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
22-05-2025 13:16:13

Financial Results

Rank Seller Price Item
L1
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Liability Insurance Service - Employer’s liability and workers' compensation, Director and Office
L2
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
Item Categories : Liability Insurance Service - Employer’s liability and workers' compensation, Director and Office
L3
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Liability Insurance Service - Employer’s liability and workers' compensation, Director and Office
L4
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Liability Insurance Service - Employer’s liability and workers' compensation, Director and Office

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for the Liability Insurance Service tender?

The eligibility requirements include being a registered entity authorized to provide insurance services. Bidders must demonstrate relevant experience and hold necessary certifications. A good standing in financial matters and compliance with industry regulations is also necessary to qualify for the tender.

What technical specifications are required for the Liability Insurance Service proposal?

Bidders must provide a comprehensive view of their technical offerings, which includes policy details such as coverage limits, exclusions, and compliance with recognized quality standards. Adequately addressing the specific types of insurance services required is critical for a successful bid.

What payment terms are required for the Liability Insurance Service tender?

Payment terms will be specified in detail in the tender instructions. Typically, service providers will be required to comply with the stipulated financial frameworks, including any required Performance Security that guarantees project completion as per standards.

How should submissions for the Liability Insurance Service tender be made?

Submissions must be made electronically, adhering to specified formats as indicated in the tender documents. It is crucial that bidders follow all guidelines to ensure compliance, including any size limitations or file types accepted.

Are there benefits for Micro, Small, and Medium Enterprises (MSEs) in this tender?

Yes, there are specific provisions aimed at assisting MSEs and startups. These benefits are designed to promote competitiveness and make it easier for smaller enterprises to participate in the tendering process, thereby supporting the broader goals of inclusivity and economic growth.

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