Tender Details

About Tender

๐Ÿš† Urgent: Assets Insurance Services Bid ๐Ÿ—๏ธ๐Ÿ”’ The Ministry Of Housing & Urban Affairs (Mo Hua), Under The Urban Transport Division, Is Calling For Bids From Experienced Insurance Service Providers For The Assets Insurance Service. ๐Ÿ“œ ๐Ÿ—“๏ธ Deadline: May 31, 2024, 3:00 Pm This Service Encompasses Mega Risk Insurance, Terrorism Insurance, Metro Passenger, And Liability Insurance. Interested Parties Must Submit Detailed Proposals That Demonstrate Their Capability To Manage And Mitigate Risks Associated With Urban Transport Assets. Keywords: Assets Insurance, Mega Risk Insurance, Terrorism Insurance, Metro Passenger Insurance, Liability Insurance, Urban Transport, Ministry Of Housing & Urban Affairs (Mo Hua)
Particulars Details
Title
Assets Insurance Service Mega Risk Insurance, Terrorism Insurance, Metro Passenger And Liability
Description
Organisation Urban Transport | Ministry of Housing & Urban Affairs (MoHUA)
Tender Id GEM/2024/B/4898256
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids

Start Date May 02, 2024 23:33
End Date
Expired 31/05/2024

Expired 817 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

GO DIGIT GENERAL INSURANCE LIMITED

Contract Value

63980000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: 4125 Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Tejas Mishra
Ministry: Ministry Of Housing & Urban Affairs (mohua)
Department: Urban Transport
Organisation: Mumbai Metro Rail Corporation

Technical Evaluation Results

S.No. Seller Name Participated On EMD Status MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 18-06-2024 14:57:59 Turnover >= 500 Cr. N/A Qualified
2 GO DIGIT GENERAL INSURANCE LIMITED 18-06-2024 14:33:13 Registered with designated Agency / Authority N/A Qualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 18-06-2024 14:53:55 Turnover >= 500 Cr. N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 08-05-2024 18:53:21 Registered with designated Agency / Authority N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 18-06-2024 14:55:40 Turnover >= 500 Cr. N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 18-06-2024 14:35:22 Central / State PSUs N/A Disqualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 18-06-2024 14:52:53 Turnover >= 500 Cr. N/A Qualified
8 TATA AIG GENERAL INSURANCE COMPANY LIMITED 18-06-2024 14:53:45 Turnover >= 500 Cr. N/A Qualified
9 THE NEW INDIA ASSURANCE COMPANY LIMITED 18-06-2024 14:51:13 Central / State PSUs N/A Qualified
10 THE ORIENTAL INSURANCE COMPANY LIMITED 18-06-2024 14:52:13 Central / State PSUs N/A Qualified
11 UNITED INDIA INSURANCE COMPANY LIMITED 18-06-2024 14:26:54 Central / State PSUs N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 50000000.00 Disqualified
2 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 63980000.00 L1
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 65227644.00 L2
4 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 76269300.00 L3
5 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 76273923.24 L4
6 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 78729037.00 L5
7 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 85473720.00 L6
8 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 90697197.00 L7
9 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 97818412.00 L8
10 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability 300000000.00 L9

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Metro Passenger and Liability Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business.. Assets Insurance Service 1 โ‚น 63980000.000
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