Tender Details
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| Particulars | Details |
|---|---|
| Title |
Liability Insurance Service Indemnity Insurance
|
| Description |
|
| Organisation | BANKING SECTOR | Ministry of Finance |
| Tender Id | GEM/2025/B/6011495 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | March 01, 2025 22:02 |
| End Date |
Expired
24/03/2025
Expired 520 days ago |
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Award of Contract & Bid Results
Awarded Contractor / Winner
THE NEW INDIA ASSURANCE COMPANY LIMITED
Contract Value
24426000
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Arvind Kumar Sharma
Ministry:
Ministry Of Finance
Department:
Banking Sector
Organisation:
Punjab National Bank
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | NATIONAL INSURANCE COMPANY LIMITED | 24-03-2025 16:40:25 | N/A | Qualified |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 24-03-2025 11:22:37 | N/A | Qualified |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED | 24-03-2025 12:17:25 | N/A | Qualified |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED | 24-03-2025 10:47:41 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Liability Insurance Service - Indemnity insurance | 22563000.00 | L1 |
| 2 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Liability Insurance Service - Indemnity insurance | 24525000.00 | L2 |
| 3 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Liability Insurance Service - Indemnity insurance | 32127750.00 | L3 |
| 4 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Liability Insurance Service - Indemnity insurance | 38150000.00 | L4 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Liability Insurance Service - Indemnity insurance | Liability Insurance Service | 1 | ₹ 24426000.000 |
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