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About Tender
🔒 Secure Your Bid For Hydro Power's Assets Insurance 🔒 Hydro Power, Under The Ministry Of Power, Is Seeking Bids For The Renewal Of Its Industrial All Risk (Iar) Insurance Policy. 🏗️🔒 📅 Bid Submission Deadline: April 30, 2024, 2:00 Pm Insurance Service Providers With Expertise In Comprehensive 'All Risk' Policies Are Invited To Submit Detailed Bids, Outlining Their Coverage And Terms, To Safeguard Hydro Power's Valuable Assets. Keywords: Assets Insurance, Hydro Power, Ministry Of Power, All Risk Policy, Industrial All Risk Insurance, Bid Submission| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service All Risk Policy, Renewal Of Industrial All Risk Iar Insurance Policy For
|
| Description |
|
| Organisation | Hydro Power | Ministry of Power |
| Tender Id | GEM/2024/B/4831437 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | April 02, 2024 18:22 |
| End Date |
Expired
30/04/2024
Expired 897 days ago |
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Award of Contract & Bid Results
UNITED INDIA INSURANCE COMPANY LIMITED
312700000
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | GO DIGIT GENERAL INSURANCE LIMITED | 10-05-2024 12:11:19 | N/A | Disqualified |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 09-05-2024 19:57:50 | N/A | Qualified |
| 3 | NATIONAL INSURANCE COMPANY LIMITED | 10-05-2024 13:04:50 | N/A | Qualified |
| 4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 10-05-2024 12:26:15 | N/A | Qualified |
| 5 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 10-05-2024 12:28:50 | N/A | Qualified |
| 6 | THE ORIENTAL INSURANCE COMPANY LIMITED | 10-05-2024 13:28:28 | N/A | Qualified |
| 7 | UNITED INDIA INSURANCE COMPANY LIMITED | 10-05-2024 11:32:43 | N/A | Qualified |
| 8 | UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED | 10-05-2024 13:49:04 | N/A | Disqualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 346015366.00 | L1 |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 371266115.00 | L2 |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 375427527.35 | L3 |
| 4 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 381575531.97 | L4 |
| 5 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 388567373.00 | L5 |
| 6 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 391326802.00 | L6 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for the Assets of Kameng Hydro Power Station 600 MW KaHPS West Kameng District Arunachal Pradesh for a period of 1one year wef 17062024; Property Damage C.. | Assets Insurance Service | 1 | â‚ą 312700000.000 |
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