Tender Details

About Tender

🔒 Secure Your Bid For Assets Insurance Services With Hydro Power 🔒 Hydro Power, Under The Ministry Of Power, Is Seeking Bids For The Renewal Of Its Industrial All Risk Insurance Policy. This Is An Opportunity For Insurance Service Providers To Offer An All Risk Policy That Ensures Comprehensive Coverage For The Organisation's Assets. 🗓️ Deadline: April 23, 2024, 2:00 Pm Bidders Should Demonstrate Expertise In Providing Robust Insurance Solutions With A Focus On Risk Assessment And Management. Detailed Proposals, Including Coverage Terms And Premium Rates, Are To Be Submitted By The Stipulated Deadline. Keywords: Assets Insurance, All Risk Policy, Industrial All Risk Insurance, Hydro Power, Ministry Of Power, Insurance Services Tender
Particulars Details
Title
Assets Insurance Service All Risk Policy, Renewal Of Industrial All Risk Insurance Policy For The
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2024/B/4818077
Reference
Number 		-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids
Start Date March 26, 2024 21:00
End Date
Expired 23/04/2024

Expired 895 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

RELIANCE GENERAL INSURANCE COMPANY LIMITED

Contract Value

13877940

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Nyanbemo Kithan
Ministry: Ministry Of Power
Department: Hydro Power
Organisation: North Eastern Electric Power Corporation Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 NATIONAL INSURANCE COMPANY LIMITED 23-04-2024 13:12:56 N/A Qualified
2 RELIANCE GENERAL INSURANCE COMPANY LIMITED 23-04-2024 11:50:06 N/A Qualified
3 THE ORIENTAL INSURANCE COMPANY LIMITED 23-04-2024 13:09:13 N/A Qualified
4 UNITED INDIA INSURANCE COMPANY LIMITED 23-04-2024 11:57:14 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk Insurance Policy for the 14647684.00 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk Insurance Policy for the 15802301.00 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk Insurance Policy for the 16572046.00 L3
4 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk Insurance Policy for the 16956918.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk Insurance Policy for the Assets of Tuirial Hydro Power Station 60 MW THPS Tuirial Mizoram for a period of 1one year wef 11062024; Property Damage Cover, Standard Fire & Specia.. Assets Insurance Service 1 â‚ą 13877940.000
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