Third Party Insurance Cover Of 290 Nos Vehicles Are Invited For A Period Of 01 Year From Non Life Psu Or Govt Undertaking Companies Only Governed By Rules And Regulations Of Insurance Regulatory And Development Authority Of India

Work Description - Third Party Insurance Cover Of 290 Nos Vehicles Are Invited For A Period Of 01 Year From Non Life Psu Or Govt Undertaking Companies Only Governed By Rules And Regulations Of Insurance Regulatory And Development Authority Of India

HAUDD, a State Govt. and UT organization, invites open tenders for providing third-party insurance coverage for 290 vehicles for a period of one year. This is an item-rate contract valued at ₹25,30,842.00, and is governed by the rules and regulations of the Insurance Regulatory and Development Authority of India. Only non-life PSU or Government undertaking Companies are eligible to apply. The tender document, referenced as eNIT no. 06/JMC/Mech of 2026-27, can be downloaded from 30-Apr-2026 06:00 PM to 09-May-2026 05:00 PM. Bids must be submitted online between 30-Apr-2026 06:00 PM and 09-May-2026 05:00 PM. A pre-bid meeting is scheduled for 04-May-2026 02:00 PM at the O/o XEN Mech, Town Hall, JMC. Bids will be opened on 11-May-2026 02:00 PM at JMC. A tender fee of ₹600 and an EMD of ₹50,617 (2% of tender value), payable to FA/CAO, JMC, are required. The EMD Fee Type is percentage and it is payable at Jammu. This is a two-cover system, with Cover 1 containing the fee/prequalification/technical documents and Cover 2 containing the financial bid. The tender inviting authority is XEN Mech, located at Town Hall, JMC, Pincode 180001. The bid validity is 365 days and the period of work is 365 days.