Airports Authority Of India Motor Insurance Service Tender 4-Wheelers in South West Delhi 2025

Tender Overview

The Airports Authority Of India, at its South West Delhi location (110043), invites bids for Motor Insurance Service covering diverse 4-wheeler fleets, including models such as Mahindra Bolero Neo, Maruti Swift Dzire, Maruti Ciaz Sigma, Mahindra TUV 300, and other listed vehicles with 1001-1500 CC, 1501-2500 CC, and above 2500 CC categories. The estimated value is ₹178,192.00; the scope encompasses a broad insurance service for a mixed vehicle pool. The procurement emphasizes handling multiple car variants and registration numbers, with a unique emphasis on fleet-wide coverage and risk management across the specified Delhi region. Notable differentiator: explicit quantity/duration variation up to 25% and an excess settlement option to include additional charges up to a defined percentage. This tender targets insurers experienced in government fleet motor cover and risk quantification for diverse vehicle classes.

Technical Specifications & Requirements

• No detailed technical specs or BOQ items are provided in the available data.
• Key contextual items from Buyer Terms include: a) Fleet motor insurance for multiple car models with varied CC ranges, b) An option clause enabling ±25% quantity/duration adjustment, c) Excess settlement feature allowing additional charges up to a defined percentage on invoices, with mandatory supporting documentation.
• The absence of explicit EMD figures or fixed delivery/installation metrics necessitates confirmation of standard insurer credentials, government bid compliance, and vehicle-specific coverage terms during bid submission.
• Important alignment: bidders should confirm coverage for 4-wheeler government fleet insurance and risk-sharing factors tied to fleet variety.

Terms, Conditions & Eligibility

• EMD amount not disclosed in the provided data; bidders should seek confirmation from the issuing authority.
• Option Clause permits contract quantity or duration changes up to 25% at issue and post-issuance.
• Excess settlement allows invoicing for additional charges up to a specified percentage with required supporting documents.
• No BOQ items listed; required bidder qualifications, GST/PAN, and financial/tax compliance should be prepared per standard government bid norms.