Tender Description for Motor Insurance Service - 4 Wheeler; Above 2500 CC
Motor Insurance Service - 4 Wheeler; Above 2500 CC
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Tender Description for Motor Insurance Service - 4 Wheeler; Above 2500 CC
The Airports Authority of India (AAI), under the Ministry of Civil Aviation, is seeking bids for the Motor Insurance Service - 4 Wheeler; Above 2500 CC, referenced as a430866b. This tender aims to procure comprehensive motor insurance services for high-capacity vehicles utilized by the Airports Authority, ensuring their operational efficacy and asset protection.
Scope of Work and Objectives
The primary objective of this tender is to secure an insurance service that provides extensive coverage for four-wheeled vehicles exceeding 2500 CC. The scope entails not only standard coverage but also additional features that respond to unique requirements faced by the Authority. This includes collision coverage, liability coverage, comprehensive coverage, and additional support that ensures minimal downtime of vehicles.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
5 DocumentsDocuments Required from Seller
- Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered entity, having experience in providing motor insurance for vehicles above 2500 CC, and compliance with relevant regulations under the Ministry of Civil Aviation.
The technical specifications demand comprehensive and customizable insurance coverage options, evidence of efficient services such as timely claims processing, and a solid customer support system tailored for high-capacity vehicles.
The Earnest Money Deposit (EMD) is a prerequisite for bid submission. Bidders must provide a specified amount which serves as a commitment to honor their bids if successful. This deposit will be refunded to non-winning bidders post-evaluation.
Documents must be submitted electronically through the official tendering platform. Bidders should ensure that all documents adhere to the specified formats to prevent disqualification.
Yes, the tender provision offers special conditions favoring Micro, Small, and Medium Enterprises (MSEs) and startups to encourage participation. Relaxed eligibility norms and evaluation criteria will facilitate a fair bidding environment for these entities.
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