Closed 13 Apr 2024

Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea

Department of Fertilizers | Ministry of Chemicals and Fertilizers

Tender value
β‚Ή2 Crore
Original notice

This tender closed on 13 Apr 2024. 1 tender like it is open now.

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Tender details

🚒 Call for Bids: Marine and Transit Insurance Services 🚒 The Department of Fertilizers, under the Ministry of Chemicals and Fertilizers, is seeking bids for Marine and Transit Insurance Services for exports and imports of marine cargo. πŸ“œ πŸ—“οΈ Submission Deadline: April 13, 2024, 7:00 PM Interested insurance service providers must demonstrate expertise in marine cargo insurance and provide detailed bids, including terms and conditions, premium rates, and claims settlement procedures. Keywords: Marine and Transit Insurance, Marine Cargo, Exports/Imports, Department of Fertilizers, Ministry of Chemicals and Fertilizers, Government Tender

Tender ID
GEM/2024/B/4836273
Reference number
–
Organisation
Department of Fertilizers | Ministry of Chemicals and Fertilizers
Location
–
Bids open
3 Apr 2024, 6:21 PM
Bids close
13 Apr 2024, 7:00 PM
Tender value
β‚Ή2 Crore
EMD
–
Tender fee
–

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

Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

204131150

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Swati Kukreja
Ministry: Ministry Of Chemicals And Fertilizers
Department: Department Of Fertilizers
Organisation: National Fertilizers Limited (nfl)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 12-04-2024 12:47:02 N/A Qualified
2 GO DIGIT GENERAL INSURANCE LIMITED 12-04-2024 14:12:05 N/A Disqualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 12-04-2024 14:22:05 N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 12-04-2024 13:57:13 N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 12-04-2024 15:19:03 N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 12-04-2024 20:02:56 N/A Qualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 13-04-2024 14:25:34 N/A Qualified
8 TATA AIG GENERAL INSURANCE COMPANY LIMITED 13-04-2024 16:03:36 N/A Qualified
9 THE NEW INDIA ASSURANCE COMPANY LIMITED 12-04-2024 12:49:16 N/A Qualified
10 THE ORIENTAL INSURANCE COMPANY LIMITED 12-04-2024 14:26:40 N/A Qualified
11 UNITED INDIA INSURANCE COMPANY LIMITED 12-04-2024 12:31:56 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 207308300.00 L1
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 216463625.00 L2
3 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 219376042.00 L3
4 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 220856210.40 L4
5 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 228779344.00 L5
6 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 263823220.00 L6
7 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 279141390.00 L7
8 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 296233100.00 L8
9 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 325721300.00 L9
10 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea 346130934.00 L10

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Marine and Transit Insurance Service - Marine Cargo Exports/Imports; Sea Marine and Transit Insurance Service 1 β‚Ή 204131150.000

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