Tender Details

Particulars Details
Title
Assets Insurance Service Risk Coverage Risk Of Fire Machinery Breakdown Natural Calamities Terror
Description
Organisation Contracts and Materials | Ministry of Power
Tender Id GEM/2024/B/4700899
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date February 28, 2024 01:19
End Date
Expired 08/03/2024

Expired 947 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE ORIENTAL INSURANCE COMPANY LIMITED

Contract Value

434287588

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Sanjeev Kumar
Ministry: Ministry Of Power
Department: Contracts And Materials
Organisation: Damodar Valley Corporation

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 08-03-2024 17:14:23 N/A Qualified
2 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 08-03-2024 15:15:11 N/A Qualified
3 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 08-03-2024 17:02:56 N/A Qualified
4 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 08-03-2024 15:27:12 N/A Qualified
5 NATIONAL INSURANCE COMPANY LIMITED 08-03-2024 13:36:49 N/A Qualified
6 RELIANCE GENERAL INSURANCE COMPANY LIMITED 08-03-2024 12:44:53 N/A Qualified
7 SBI GENERAL INSURANCE COMPANY LIMITED 08-03-2024 16:49:54 N/A Qualified
8 TATA AIG GENERAL INSURANCE COMPANY LIMITED 08-03-2024 16:11:24 N/A Disqualified
9 THE NEW INDIA ASSURANCE COMPANY LIMITED 08-03-2024 17:50:01 N/A Qualified
10 THE ORIENTAL INSURANCE COMPANY LIMITED 08-03-2024 13:36:56 N/A Qualified
11 UNITED INDIA INSURANCE COMPANY LIMITED 08-03-2024 15:09:32 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 435287588.40 L1
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 454960430.35 L2
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 464773664.00 L3
4 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 477137266.29 L4
5 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 490727819.00 L5
6 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 505463370.00 L6
7 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 511888797.29 L7
8 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 526876790.55 L8
9 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 554896182.00 L9
10 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terror 567326686.69 L10

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Risk coverage risk of fire machinery breakdown natural calamities terrorism etc of all the critical vital installations in DVC along with other Add On Covers etc as per the Scope of coverage; Risk coverage risk of fire mac.. Assets Insurance Service 1 ₹ 434287588.000
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