Open tender · India · Motor Insurance Service 2 Wheeler, 3 Wheeler, 4 Wheeler, 6 Wheeler; 78 Types

Motor Insurance Service - 2 Wheeler, 3 Wheeler, 4 Wheeler, 6 wheeler; 78 types

Ministry of Petroleum and Natural Gas

Ministry of Petroleum and Natural Gas in India is inviting bids for “Motor Insurance Service - 2 Wheeler, 3 Wheeler, 4 Wheeler, 6 wheeler; 78 types”. Bids close on 13 October 2026, 16:00 IST. Reference: GEM/2026/B/8122053. Who can bid: Bidder must be a general insurance company from the buyer's list of approved insurers; Bidder from a country sharing a land border with India must be registered with the Competent Authority. askTender lists every requirement to qualify and checks whether your company meets them.

The tender in brief

Motor insurance for 78 vehicles at Indian Oil's Faridabad R&D centre, for general insurers

Indian Oil Corporation Limited's Research & Development Centre in Faridabad requires motor insurance for 78 vehicles, covering 2, 3, 4 and 6 wheelers across 78 engine capacity types. The contract runs for one year, from 02-11-2026 to 31-10-2027, with a total sum insured of 52323000. It is a limited tender with a lumpsum-based scope.

Who can win it

  • Bidder must be a general insurance company from the buyer's list of approved insurers
  • Bidder from a country sharing a land border with India must be registered with the Competent Authority

Key facts

Contract period
1 year, from 02-11-2026 to 31-10-2027
How bids are judged
Total value wise evaluation
Published
06 Oct 2026
Reference
GEM/2026/B/8122053

Before you bid, askTender

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Public data: Government e-Marketplace, Government of India. · Sources & licences