Tender Details
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About Tender
๐ Secure Your Bid For Hydro Power's Assets Insurance ๐ Hydro Power, Under The Ministry Of Power, Is Seeking Bids For The Renewal Of Its Industrial All Risk (Iar) Insurance Policy. ๐๏ธ๐ ๐๏ธ Deadline: May 13, 2024, 2:00 Pm Bidders Must Offer A Comprehensive All Risk Policy That Covers The Diverse Assets Under Hydro Power's Purview. Interested Insurance Service Providers Should Submit Their Bids, Including Detailed Terms And Conditions, By The Specified Deadline. Keywords: Assets Insurance, Hydro Power, Ministry Of Power, All Risk Policy, Industrial All Risk Insurance, Renewal Bid| 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/4879849 |
|
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 22, 2024 19:34 |
| End Date |
Expired
13/05/2024
Expired 831 days ago |
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Award of Contract & Bid Results
Awarded Contractor / Winner
THE ORIENTAL INSURANCE COMPANY LIMITED
Contract Value
26654962
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Kamal Kumar Das
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 | 13-05-2024 13:20:43 | N/A | Qualified |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 13-05-2024 17:23:32 | N/A | Qualified |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED | 14-05-2024 10:50:12 | N/A | Qualified |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED | 13-05-2024 12:04:35 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 26654962.00 | L1 |
| 2 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 28983945.07 | L2 |
| 3 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 30710367.00 | L3 |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - All Risk Policy, Renewal of Industrial All Risk IAR Insurance Policy for | 32822125.00 | L4 |
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 Khandong StageII Power Station 23 MW KhPSII Umrongso Assam for a period of 1one year wef 000000 Hours of 19062024; Property Damage Cover.. | Assets Insurance Service | 1 | โน 26654962.000 |
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