NOTICE INVITING e-quotation

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1 NOTICE INVITING e-quotation O/O EXECUTIVE DIRECTOR FLIGHT INSPECTION UNIT SAFDARJUBG AIRPORT NEW DELHI Ref.No: AAI/FIU/Aircraft/Insurance/ / DATE: 05/08/2015 Subject: Insurance of AAI Fleet of aircrafts for the year Item rate Quotations are invited through the e-tendering portal by Jt.GM(FIU) on behalf of Chairman, AAI, from IRDA approved agencies for Insurance of AAI Fleet of aircrafts (As per IRDA norms) for period of one year. The tendering process is online at e-portal URL address irj/portal or Aspiring bidders may go through the tender document by "Guest User" login. Prospective bidders are advised to get themselves acquainted for e-tendering participation requirements at "Guidelines for bidders", register themselves at AAI e- tendering portal, obtain 'User ID' & 'Password' and go through the 'Self Help Files' available in the Home Page after log in to the portal or They should also obtain Digital Signature Certificate (DSC) in parallel which is essentially required for submission of their application. The process normally takes 03 days time. The bidder may also take guidance from AAI Help Desk Support. For any technical assistance with regards to the functioning of the AAI e-tender portal, the bidder as well as AAI users may contact according to the escalation matrix as mentioned below; S. Support Persons Escalation Address Contact Numbers Timings* No. Matrix 01 Help Desk Team Instant Support 02 Mr. Sanjeev Kumar Jr. Exe. (IT) 03 Mrs. S. Nita Sr. Mgr. (IT) 04 Mr. A.K. Sharma Jt. General Manager (IT) After 4 Hours of issue After 12 Hours After 24 Hours [email protected] , Ext , Ext [email protected] , Ext [email protected] , Ext Hrs. (MON SAT) Hrs. (MON-SAT) Hrs. (MON-FRI) Hrs. (MON-FRI) [email protected] Hrs. (MON-FRI) 05 General Manager (IT) After 03 days [email protected] Hrs. (MON-FRI) *The Helpdesk services shall remain closed on all Govt. Gazetted Holidays. AAI/FIU/Aircraft/Insurance/ Page 1 of 9

2 2. Following two envelopes shall be submitted through on-line at e-portal by the bidder. Last date and time of submission of bids (Envelope I & II) is 18/08/2015 Upto 1400 hrs. Envelope-I: containing scanned copies of the following documents (Related to Company Profile) i. Registration Certificate of the Company with IRDA ii. Company Details iii. PAN Card Details iv. Balance Sheet for the last three years. v. Compliance Statement Annexure A vi. Un conditional acceptance letter Annexure - B Documents for the Technical bid (up loaded by the insurer / firms) shall be opened on 18/08/2015 at 1530 hrs the intimation regarding acceptance / rejection of their bids will be intimated to the insurer/s firms through e-tendering portal. If any clarification is needed from the bidder about the deficiency in his uploaded documents in Envelope I and Envelope II, he will be asked to provide it through collaboration folder in e-tender portal. The bidder shall upload the requisite clarification / documents within specified time by AAI, failing which the tender will be liable to be rejected. 2. Envelope-II: The financial bids of the insurers / firms found to be meeting the qualifying requirements and technical criteria shall be opened on (Intimated later on Depending on Technical Bid evaluation any changes in the date shall be intimated through "Notification to Bidder" section). 3. CRITICAL DATES: Sr. No. Activity Date Time in IST From To i. Download of Tender Document from :00 e-tender portal ii. Submission of pre bid queries by :00 bidder iii. Submission of clarifications by AAI to :00 the bidders queries iv. Online Submission of Bids (all the :00 envelopes) on e-tender portal v. Opening of Technical Bids :30 vi. Opening of financial Bids - To be intimated later 4. AAI reserves the right to accept or reject any or all applications without assigning any reason. AAI also reserves the right to call off the process of tendering at any stage without assigning any reason. AAI/FIU/Aircraft/Insurance/ Page 2 of 9

3 5. AAI reserves the right to disallow issue of tender documents to working agencies whose performance at ongoing works / project(s) is below par or unusually poor. And has been issued letter to restart/ temporary /permanent debar by any department of AAI. AAI reserve the right to verify the credentials submitted by the applicant submitted by the insurer at any stage (before or after the award of the work) If at any stage, any information / documents submitted by the applicant is found to be false, or have some discrepancy which disqualifies the firm then AAI shall take following action: 6. The insurer shall be liable for debarment from the tendering in AAI, apart from any other appropriate contractual / legal action. 7. Consortium /Joint Ventures companies shall not be permitted. No single firm shall be permitted to submit two separate applications. 8. Purchase preference to Central Public Sector Undertaking shall be applicable as per the directives of Govt. of India prevalent on the date of acceptance. 9. If the entity participation in any of the tenders is a private or public limited company. Partnership firm or proprietary firm and any of the Directors / Partners of such company is also a director of any other company or partner of a concern or a sole proprietor having established business with AAI and has outstanding dues payable to Authority, then the said entity shall not be allowed to participate in AAI tenders. Date: 05/08/2015 Joint General Manager(FIU) Airports Authority Of India Flight Inspection Unit Safdarjung airport New Delhi AAI/FIU/Aircraft/Insurance/ Page 3 of 9

4 QUOTATION FORM Insurance of AAI Fleet of Aircrafts for the year (a) Scope of Work: Aircraft Year of Mfg. Value of Aircra ft(rs) Value of TCAS/IDS (Rs) Value of AFIS fitted in Aircraft (Rs) Total sum to be insured (Rs) Insurance cover required VT-ENK (Dornier) :66 Cr TCAS 90,60, :28 Cr Rs Cr Only Ground Risk (Dornier) :60 Cr TCAS 90,60, :28 Cr Rs Cr Hull All Risk (B-300) Cr IDS 2.93 Cr 24:28 Cr Rs Cr Hull All Risk 1(b) Eligibility 1. Insurer must be registered with IRDA having Permanent Account Number. 2. Should have annualized average financial GWP of Rs. 100 crore against policy premium executed during last three years ending 31st March of the previous financial year. As a proof, copy of Abridged Balance Sheet along with Profit and Loss Account Statement of the firm should be submitted along with the application. Firms showing continuous losses during the last three years in the balance sheet shall be summarily rejected. 3. Insurer shall be in the field of insurance for 7 years. 2. TERMS AND CONDITIONS. 1. Hull all risk, indicating the sum insured. 2. Hull War risk, indicating the sum insured. 3. Third party liability includes Loss / Damage to property, Loss of Life (Fatal otherwise) and the limit is Rs. 20 Crore. 4. Passengers liability for indemnity limit of Rs. 10 lakhs per passenger maximum 7 passengers for Dornier aircraft and 04 passengers for B-300 aircraft (Payable to legal heir of the deceased) 5. Any party incident (in case of any Bonafied non AAI passenger). All expenses towards hospitalization / medical expenses should be covered. 6. Ground risk (including taxing of aircraft by the crew and authorized ground engineers) and lay up refund for Aircraft on ground up to 30 days for maintenance or otherwise, procedure for refund to be defined specifically. 7. The profit commission / discount on renewal of the policy on the same terms and conditions. 8. Excess deductible amount and the clause may be defined clearly. 9. Time period for settling of any claim due to FOD or External and Internal damage. The repairs / labour charges / any other incidental charges of the DGCA/OEM approved AAI/FIU/Aircraft/Insurance/ Page 4 of 9

5 maintenance agency has to be paid in total. The clause may be defined in the policy for settlement. In case the claim is not settled within stipulated time, punitive clause thereof may be clearly mentioned. Nil remarks on this account will be irrelevant. 10. Search and Rescue on Hull Value for full amount of expenditure including salvage retrieval, funeral expenses, travel of relatives to the Hospital etc. 11. The quotes should indicate premium to be paid for operation in India (Including J & K). 12. Claim expenses for last five year are NIL for all the aircraft. 3. Period of Contract The period of Contract is for one year & can be renewed for further period of one year with mutual agreed terms and conditions. 4. Billing Cycle / Payment: Bills will be submitted on Quaterly basis.the payment will be made through ECS/Cheque for successful bidder within 15 days of the date of submission of the Invoice/Bill. 6. Liquidated Damages In case of failure to execute the order in full within the specified period, liquidated damages shall be charged ½ % per week or part thereof but not exceeding 5% of the total contract value. 7. MODE OF SUBMISSION OF QUOTATION FORMS :- Following two envelopes shall be submitted through on-line at e-portal by the bidder. Last date and time of submission of bids (Envelope I & II) is 18/08/2015 Upto 1400 hrs. Envelope-I: containing scanned copies of the following documents (Related to Company Profile) i. Registration Certificate of the Company with IRDA ii. Company Details iii. PAN Card Details iv. Balance Sheet for the last three years. v. Compliance Statement Annexure A vi. Un conditional acceptance letter Annexure - B Documents for the Technical bid (up loaded by the insurer / firms) shall be opened on 18/08/2015 at 1530 hrs the intimation regarding acceptance / rejection of their bids will be intimated to the insurer/s firms through e-tendering portal. If any clarification is needed from the bidder about the deficiency in his uploaded documents in Envelope I and Envelope II, he will be asked to provide it through collaboration folder in e-tender portal. The bidder shall upload the requisite clarification / documents within specified time by AAI, failing which the tender will be liable to be rejected. Envelope-II: The financial bids of the insurers / firms found to be meeting the qualifying requirements and technical criteria shall be opened on (Intimated later on Depending on AAI/FIU/Aircraft/Insurance/ Page 5 of 9

6 Technical Bid evaluation any changes in the date shall be intimated through "Notification to Bidder" section). 8. Lowest qualified bidder will be considered for award of the contract subject to satisfying terms and condition laid down by AAI. Date: 05/08/2015 Joint General Manager(FIU) Airports Authority Of India Flight Inspection Unit Safdarjung airport New Delhi AAI/FIU/Aircraft/Insurance/ Page 6 of 9

7 Envelope II (PRICE BID) Name of Work : Insurance of AAI Fleet of aircrafts for the year Sl. No. Terms & Conditions Type of Aircraft Sum Insured Premium Quoted (Crore) (Rs.) 01 Ground risk including Taxing/Towing for VT-ENK only. Hull all risk Hull all risk 02 Hull War risk Hull War risk 03 Third Party Liability including Loss / Damage to property, Loss of life (Fatal or otherwise) with the limit of Rs. 20 Crore. VT-ENK Passengers liability for indemnity limit of Rs. 10 Lacs per passengers, 7 passengers for Dornier aircraft and 04 passengers for B-300 aircraft (Payable to the Legal heir of the deceased). 05 Search and Rescue on Hull value for full amount of expenditure including salvage, retrieval, funeral expenses, travel of the relatives to the Hospital etc. 06 Any incentive or discount offered. VT-ENK 07 Total Premium quoted Service Tax Net Premium Payable (Name and Signature of bidder with Seal) AAI/FIU/Aircraft/Insurance/ Page 7 of 9

8 Compliance Statement Sl. No. Terms & Conditions Annexure-A Complied / Not Complied 01 Whether Compliance Certificate enclosed 02 Any party incident ( In case of any bonafide non-aai passenger) for all expenses towards hospitalization / medical expenses etc. to be covered, enumerating the applicable aviation clauses, procedures and limits, if any 03 Ground risk (including taxing of aircraft crew and authorized ground engineers) and Lay up refund for Aircraft on Ground up to 30 days for maintenance or otherwise. (Procedure, if any, to be clearly defined and appended as an additional Annexure in the Technical Bid. 04 The profit commission / discount on renewal of the policy on the same terms and conditions 05 Excess deductible amount, clearly defining the applicable clause. 06 Time Period for settling of any claim due to FOD or external & internal damage. The Repairs / Labor Charges / any other incidental charges of the DGCA/OEM approved maintenance agency has to be paid in total. The clause may be defined in the policy for settlement. In case the claim is not settled within stipulated time, punitive clause thereof may be clearly mentioned. Nil remarks on this account will be irrelevant. 07 Search and Rescue on Hull Value for full amount of expenditure including salvage retrieval, funeral expenses, travel of relatives to the Hospital etc. 08 The quotes should indicate premium to be paid for operation in India (incl. J&K.) 09 All T & C must be incorporated in the policy issued. 10 In case of any difference/deviation in the T & C of NIQ and policy issued, T & C of NIQ shall prevail. Signature Name Designation Name / Seal of the Insurance Company AAI/FIU/Aircraft/Insurance/ Page 8 of 9

9 Annexure-B (To be submitted on Company s letter head) Unconditional Acceptance Letter (TO BE SUBMITTED WITH TECHNICAL BID IN ENVELOPE I) To Executive Director(RCDU & FIU) Airports Authority Of India Flight Inspection Unit Safdarjung airport New Delhi Dear Sir, I/We, hereby offer for Insurance of AAI Fleet of Aircrafts for the Year as per the terms and conditions mentioned in the NIQ,inviting quotation for the HULL All risk Cover for one Dornier aircraft,one Super King Air B-350 aircraft and only Ground risk including taxing/towing for one Dornier aircraft VT-ENK and confirm that, given the chance, I/We, shall abide by the rules, instructions, as contained in your notice inviting quotation unconditionally. ( Signature ) Name: Complete address of the bidder AAI/FIU/Aircraft/Insurance/ Page 9 of 9

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