Bid Publish Date
24-Oct-2026, 12:05 pm
Bid End Date
31-Oct-2026, 12:00 pm
Value
₹85,806
Location
Progress
Organization: Central Mine Planning And Design Institute Limited, under Coal India Limited. Product/Service: Motor insurance service for vehicles above 2500 CC. Location: Bilaspur, Chhattisgarh – 495001. Estimated value: ₹85,806. Category: Motor Insurance Service - 6; Above 2500 CC. No BOQ items available. Tender includes a 25% option clause allowing scope/quantity or duration adjustments up to 25% before/after contract issuance. Unique aspect: limited data but clear vehicle class and insurer scope. This tender targets suppliers capable of providing comprehensive motor insurance coverage for high-capacity corporate vehicles in Bilaspur.
Motor insurance service for vehicles above 2500 CC under CMPDI
Estimated contract value: ₹85,806
Geographic scope: Bilaspur, Chhattisgarh
No BOQ items or itemized tech specs available
25% scope/duration adjustment rights per contract terms
25% quantity/duration adjustment allowed at contract issue
EMD amount not specified in current tender data
Vehicles must be above 2500 CC for CMPDI coverage
Not specified in tender data; bidders should prepare standard motor insurance billing terms and renewal payments as per policy
No explicit schedule; focus on policy initiation, renewal dates, and claims processing timelines as per insurer
No LD details provided; bidders should anticipate standard SLA penalties for policy lapse or claim delays as per CMPDI norms
Authorized motor insurance providers with vehicle coverage above 2500 CC
Experience in handling corporate or large-vehicle fleets
Ability to meet 25% scope/duration adjustment clause
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
4 Days
EMD Required
No
MII Compliance
Yes
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Motor Insurance Service - 6; Above 2500 CC
Payment Timelines
Payments shall be made to the Seller within 21 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
Bilaspur
Delivery Pincodes
495006
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Ved Prakash Sharma | 495006,REGIONAL INSTITUTE V, CENTRAL MINE PLANNING & DESIGN INSTITUTE LIMITED, SECL COMPLEX, SIPAT ROAD | Bilaspur | Chhattisgarh | 495006 | Project / Lumpsum Based | - | Number of vehicles to be insured : 3 Total Sum Insured : 85806 |
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Main Document
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GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration
PAN card
Experience certificates in motor insurance services
Financial statements or turnover proof
Any prior CMPDI/Coal India motor insurance experience
EMD submission details (if required by later addenda)
Technical bid documents and insurer authorization/certifications
Key insights about CHHATTISGARH tender market
Bidders must be authorized motor insurers with experience in high-capacity vehicle fleets. Prepare GST, PAN, financials, and insurer credentials. The tender allows a 25% scope/duration adjustment; ensure policy terms meet CMPDI vehicle coverage for above 2500 CC.
Submit GST certificate, PAN, experience certificates in motor insurance for high-capacity vehicles, financial statements, insurer authorization letters, and any CMPDI/Coal India prior engagement documents. EMD is not specified in this tender data.
Coverage must apply to CMPDI fleet vehicles above 2500 CC. Ensure policy includes comprehensive coverage, third-party liability as per local laws, and seamless claim processing. No explicit vehicle-by-vehicle list is provided in the data.
No submission date is provided in the data. Responders should monitor CMPDI tender communications for the exact deadline and ensure readiness of policy terms, premium quotes, and documentation before official date.
EMD amount is not specified in the tender data. Bidders should prepare to submit standard EMD as per CMPDI guidelines or await further addenda detailing the amount and submission method.
The buyer may increase or decrease contract quantity or duration up to 25% at contract issue, with post-issuance adjustments also capped at 25%. Any scope expansion in lumpsum contracts requires the insurer’s consent.
The tender data does not specify standards; bidders should rely on standard insurance compliance and licensing requirements applicable to corporate motor insurance in India, and provide insurer authorization and policy terms aligned with CMPDI expectations.
Evaluation will likely consider insurer credibility, coverage breadth (comprehensive + third-party), claim settlement history, premium competitiveness, and alignment with the 25% adjustment clause. Prepare comparative quotes and policy samples demonstrating coverage for above 2500 CC.