Custom Bid For Services - OPEN COVER MARINE INSURANCE TRANSIT POLICY… – GEM/2026/R/750527

Overview

11 facts from the tender

Ministry of Defence published this services tender on GeM on 13 Oct 2026, for Uttar Pradesh. No EMD is required. It closes on 14 Oct 2026, 9:00 am IST. Bid number GEM/2026/R/750527.

From the bid document

TimelineBid → reverse auction

Bid published10 Sep 2026
Bid closed1 Oct 2026 · 10:00 am
RA issued12 Oct 2026
RA started13 Oct 2026 · 9:00 am
RA endsin 20h 36m14 Oct 2026 · 9:00 am

Parent bid GEM/2026/B/8021526Bid document

Bidding

Bid type: Reverse auction
Evaluation method: Total value wise evaluation
Packet type: Two Packet Bid
Reverse auction: Yes, H1-Highest Priced Bid Elimination
Auction for bid: GEM/2026/B/8021526
Total quantity: 1

Buyer

Created by: umatripathi7773
Location: Uttar Pradesh
Portal: GeM

Important dates

Published: 13 Oct 2026, 9:00 am IST
Closes: 14 Oct 2026, 9:00 am IST

Bid & reverse auction

This reverse auction is the price round of bid GEM/2026/B/8021526. GeM's auction document lists only the auction, so the items, delivery, eligibility and buyer terms below come from the bid document and are marked From the bid document.

Bid document (PDF) Reverse auction document (PDF)

Service scope & delivery

From the bid document

1 service · Address masked by GeM

Item 1

Custom Bid For Services - OPEN COVER MARINE INSURANCE TRANSIT POLICY FOR IMPORT, EXPORT, INLAND TRANSIT AND COURIER CONSIGNMENT

Service basisProject / Lumpsum Based

Delivery location

***********KANPUR CITY

GeM masks the full address in this document.

Specifications & requirements · 5

Description/Nomenclature of Service Proposed for procurement using custom bid functionality: OPEN COVER MARINE INSURANCE TRANSIT POLICY FOR IMPORT, EXPORT, INLAND TRANSIT AND COURIER CONSIGNMENT
Regulatory/Statutory Compliance of Service: YES
Compliance of Service to SOW, STC, SLA etc: YES
Minimum Floor Price defined by Buyer: No
ITC on GST: जीएसट उपकर कर 5े;डट /ITC on GST Cess

View PDF · p. 3

Tender documents

Bid files and supporting documents, linked directly from GeM.

Reverse auction documentOpen
Auction dates, extension rule and offer validity
Bid documentOpen
Items, delivery, eligibility and buyer terms: the auction runs on these
PRICE BID -Open
From the bid document
Scope of WorkOpen
From the bid document
Payment TermsOpen
From the bid document
GEM Availability Report ( GAR)Open
From the bid document
Competent authority undertakingOpen
From the bid document
Undertaking of Competent Authority is mandatory to create Custom Bid for Services. Please download standard format document and upload
Any other Documents As per Specific Requirement of Buyer -1Open
From the bid document
Buyer uploaded ATC documentOpen
From the bid document

Policy & contract references

General terms and conditionsOpen
From the reverse auction
General terms and conditionsOpen
From the bid document
Service level agreementOpen
From the bid document

Documents you must submit

Additional Doc 1 (Requested in ATC)

Eligibility

Experience & turnover exemptions

Micro & small enterprises (MSE)

No exemption

From the reverse auction

Exemption conditions

No

View PDF · p. 1

Startups

No exemption

From the reverse auction

Exemption conditions

No

View PDF · p. 1

Exemptions depend on the evidence and conditions specified in the bid.

Preferences & relaxations

From the bid document

EMD exemption

Check each criterion against the tender notice before you bid.

Commercial conditions

From the bid and reverse-auction documents

EMD: Not required
Performance guarantee: Not required
Offer validity: 120 days
Contract period: 1 Year(s)

Payment terms

From the bid document

Payments shall be made to the Seller within 30 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)

View PDF · p. 2

Reverse auction extension

From the reverse auction

If any seller submits the offer price during last 15 minutes of RA end time, then RA will be automatically extended for next 15 minutes from the last participation time. There is no limit on such RA extension cycle.

View PDF · p. 1

Buyer requirements & conditions

Buyer-added conditions from the bid and the reverse-auction documents.

From the bid document

01

Generic

View PDF · p. 4

OPTION CLAUSE 25% : The buyer can increase or decrease the contract quantity or contract duration up to 25 percent at the time of issue of the contract. However, once the contract is issued, the contract quantity or contract duration can only be increased up to 25 percent. Bidders are bound to accept the revised quantity or duration. For lumpsum-based service contracts, the buyer may increase the scope of work and contract value up to 25 percent with the consent of the service provider

02

Buyer Added Bid Specific ATC

View PDF · p. 4

Buyer uploaded ATC document Click here to view the file.

03

Buyer Added Bid Specific ATC

View PDF · p. 4

Buyer Added text based ATC clauses NOTE : AS PER COMPANY POLICY ONLY GOVERNMENT/ PUBLIC SECTOR UNDERTAKING INSURANCE COMPANIES ARE ALLOWED TO QUOTE. QUOTATIONS RECEIVED OTHER THAN GOVERNMENT/ PUBLIC SECTOR UNDERTAKING INSURANCE AGENCIES WILL BE REJECTED. .

From the reverse auction

Reverse auction — offer validity

View PDF · p. 1

Participation by the bidder in RA process would be considered as their consent for extension in offer validity by 30 days by the date of RA initiation.

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