Tender Details
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About Tender
🛠️ Insurance Services Sought For Asset Protection 🛡️ The Department Of Heavy Industry, Under The Ministry Of Heavy Industries And Public Enterprises, Is Seeking Proposals For An Assets Insurance Service. 🏗️ 🗓️ Proposal Submission Deadline: July 18, 2024, 12:00 Pm This Opportunity Is For Insurance Service Providers To Offer Comprehensive All Risk Policy And Money Insurance For A Variety Of Electronic Equipment And Assets. Interested Parties Should Submit Detailed Proposals, Outlining Their Coverage And Terms, By The Specified Deadline. Keywords: Assets Insurance, Electronic Equipment Insurance, All Risk Policy, Money Insurance, Department Of Heavy Industry, Ministry Of Heavy Industries And Public Enterprises| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Electronic Equipment Insurance, All Risk Policy, Money Insurance, As Per
|
| Description |
|
| Organisation | Department of Heavy Industry | Ministry of Heavy Industries and Public Enterprises |
| Tender Id | GEM/2024/B/5098100 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | - |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | June 27, 2024 16:56 |
| End Date |
Expired
18/07/2024
Expired 767 days ago |
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Award of Contract & Bid Results
Awarded Contractor / Winner
RELIANCE GENERAL INSURANCE COMPANY LIMITED
Contract Value
5265922.74
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: 200 Lakhs
Experience with Gov. Required: Years
Project Experience Required: Yes
Buyer Name:
Prem Purang
Ministry:
Ministry Of Heavy Industries And Public Enterprises
Department:
Department Of Heavy Industry
Organisation:
N/a
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 11:45:14 | N/A | Qualified |
| 2 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 10:21:42 | N/A | Qualified |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 11:26:55 | N/A | Qualified |
| 4 | NATIONAL INSURANCE COMPANY LIMITED | 16-07-2024 18:05:35 | N/A | Qualified |
| 5 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 08:58:29 | N/A | Qualified |
| 6 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 11:56:49 | N/A | Qualified |
| 7 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 18-07-2024 11:34:00 | N/A | Qualified |
| 8 | THE ORIENTAL INSURANCE COMPANY LIMITED | 17-07-2024 18:22:19 | N/A | Disqualified |
| 9 | UNITED INDIA INSURANCE COMPANY LIMITED | 16-07-2024 17:34:42 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 5103902.00 | Disqualified |
| 2 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 5265922.74 | L1 |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 6187815.00 | L2 |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 6215263.00 | L3 |
| 5 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 6581828.00 | L4 |
| 6 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 8088344.00 | L5 |
| 7 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 8129936.86 | L6 |
| 8 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per | 8506674.00 | L7 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Electronic Equipment Insurance, All Risk Policy, Money Insurance, As per ATC, Fire Insurance; Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Earthquake Cover, Th.. | Assets Insurance Service | 1400 | ₹ 5265922.740 |
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