Custom Bid for Services - Insurance Broking
Solar Energy Corporation Of India Limited
WEST DELHI, DELHI
Bid Publish Date
02-Jun-2026, 8:52 am
Bid End Date
12-Jun-2026, 9:00 am
EMD
₹24,000
Value
₹12,00,000
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
The Indian Army, Department Of Military Affairs, invites a Custom Bid for Services for Land Transit Insurance with an estimated value of ₹12,00,000 and an EMD of ₹24,000. The procurement focuses on insurance services for land transit, with no BOQ quantity items listed. Key bid features include a flexible scope clause allowing up to 25% variation in contract quantity or duration, subject to consent for lumpsum-based services. Bidders must ensure service availability and maintain dedicated support channels. This tender emphasizes compliance, service reach, and risk coverage for military logistics.
Estimated value: ₹12,00,000
EMD: ₹24,000
Variation clause: up to 25% increase/decrease in quantity or duration
Support requirements: Dedicated toll-free number and Escalation Matrix
Local service office: must be located in the state of consignee with evidence
No BOQ items published; service scope is insurance for land transit
EMD of ₹24,000 to be submitted with bid
Variation up to 25% of contract quantity/duration post-issue
Dedicated toll-free service and escalation matrix must be provided
Service provider office must be in consignee state with proof
Submit all certificates/documents as per ATC and Corrigendum
Payment terms aligned to tender conditions; details not specified beyond EMD requirement
No explicit delivery schedule; service delivery tied to transit operations and contract terms
Penalty details not provided in data; likely governed by standard supply/insurance service norms
Proven experience in transit insurance services for government or military logistics
Financial stability evidenced by last 2-3 years of statements
Demonstrated ability to provide dedicated toll-free support and local state office
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Custom Bid for Services - In Land Transit Insurance
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Main Document
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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Research & Development Centre (materials Department)
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Tender Results
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GST Registration certificate
Permanent Account Number (PAN) card
Experience certificates for transit insurance services
Financial statements (last 2-3 years)
EMD submission proof (₹24,000)
Technical bid documents showing scope of insurance service
OEM authorizations (if applicable) and insurer certifications
Proof of dedicated toll-free support contact details
Documentary evidence of local office in the state of consignee
Any certificates/ATC/corrigendum compliance documents
Bidders must submit GST registration, PAN, experience certificates for transit insurance, two to three years of financial statements, EMD of ₹24,000, and technical bid documents. OEM authorizations and proof of local service office are also needed, along with certificates per ATC and Corrigendum.
The buyer may increase or decrease contract quantity or duration by up to 25% at tender issue; post-issuance, quantity or duration can still vary by up to 25% with the service provider's consent for lumpsum-based contracts.
Bidder must provide a dedicated toll-free number for service support and an Escalation Matrix with telephone contacts. A local office in the consignee state must be evidenced as part of compliance.
The tender is issued by the Indian Army, under the Department Of Military Affairs, for land transit insurance services, with an estimated value of ₹12,00,000 and EMD of ₹24,000.
The tender’s estimated value is ₹12,00,000, and the EMD required is ₹24,000. Bidders must deposit the EMD as part of bid submission to be eligible for evaluation.
Applicants should demonstrate transit insurance experience, provide financial statements, have GST and PAN, furnish a local consignee-state office proof, and submit required certificates with the bid per ATC/Corrigendum.
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Main Document
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS