Srinagar Municipal Corporation Vehicle and Machinery Third Party Insurance Procurement

The Srinagar Municipal Corporation (SMC), through its Purchase and Procurement Officer, located at Karan Nagar, Srinagar, is inviting bids for the provision of Third Party Insurance for Vehicles and Machinery. This open tender, identified by Tender Reference Number NIT 03 of 2026, seeks to secure comprehensive insurance coverage for the extensive fleet of vehicles and machinery belonging to the SMC and any other departments that have been merged with it. Bidders are advised that the tender documents will be available for download from 09:00 AM on November 5, 2026, until 06:00 PM on November 13, 2026. The submission of bids will also commence on November 5, 2026, at 09:00 AM and will close strictly on November 13, 2026, at 06:00 PM. A non-refundable tender fee of INR 2,000 is required, along with an Earnest Money Deposit (EMD) of INR 2,38,000. The bid opening ceremony is scheduled for November 16, 2026, at 02:00 PM. This opportunity falls under the "Miscellaneous Services" product category, specifically "Insurance Service," and is a crucial procurement for the operational continuity and risk mitigation of the Srinagar Municipal Corporation.