Tender Description for Motor Insurance Service - GEM/2025/B/6324851

The eligibility requirements include being a registered entity in the insurance sector with the appropriate licenses. Additionally, bidders should demonstrate prior experience in providing motor insurance services to organizations, regulatory compliance, and financial stability as essential criteria for participation.

Bidders must provide valid registration certificates, licenses issued by the insurance regulatory authority, and any other relevant documentation that demonstrates compliance with industry standards, ensuring the bidder’s credibility in delivering motor insurance services.

Bidders must complete the registration process on the designated government bidding platform, providing necessary business documentation and proof of eligibility prior to the submission deadline to qualify for participation in the motor insurance services tender.

All documents should ideally be submitted in PDF format to ensure compatibility and maintain layout integrity. Additional formats may be acceptable if specified in the guidelines, but adherence to the official formats is recommended for motor insurance service proposals.

Bidders are generally required to submit an Earnest Money Deposit (EMD) to demonstrate seriousness in their offer, along with performance security details, ensuring financial reliability and accountability throughout the contract period as part of the bid submission.