Tender Details

About Tender

🛠️ Request For Proposals: Builder Risk Insurance Policy For Ngopv Project 🏗️ The Department Of Defence Production, Ministry Of Defence, Is Seeking Proposals For A Builder Risk Insurance Policy To Cover Property Damage For The Ngopv (Naval Gun Factory Overhauling And Permanent Mooring) Project. 🚢 🗓️ Proposal Submission Deadline: April 19, 2024, 6:00 Pm Interested Insurance Service Providers Must Submit Detailed Proposals, Including Coverage Terms, Premium Rates, And Claims Handling Procedures, To Secure This Government Contract. Keywords: Assets Insurance, Builder Risk Insurance, Ngopv Project, Defence Production, Ministry Of Defence, Insurance Policy, Government Tender
Particulars Details
Title
Assets Insurance Service Builder Risk Insurance Policy For Ngopv Project; Property Damage Cover,
Description
Organisation Department of Defence Production | Ministry of Defence
Tender Id GEM/2024/B/4846016
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 08, 2024 15:59
End Date
Expired 19/04/2024

Expired 906 days ago

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Award of Contract & Bid Results

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Ministry: Ministry Of Defence
Department: Department Of Defence Production
Organisation: Goa Shipyard Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 10-05-2024 17:59:37 N/A Disqualified
2 NATIONAL INSURANCE COMPANY LIMITED 10-05-2024 17:46:21 N/A Disqualified
3 THE NEW INDIA ASSURANCE COMPANY LIMITED 10-05-2024 17:55:12 N/A Qualified
4 THE ORIENTAL INSURANCE COMPANY LIMITED 10-05-2024 17:42:43 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 10-05-2024 17:32:00 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - BUILDER RISK INSURANCE POLICY FOR NGOPV PROJECT; Property Damage Cover, 208895939.83 L1
2 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - BUILDER RISK INSURANCE POLICY FOR NGOPV PROJECT; Property Damage Cover, 211897775.63 L2
3 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - BUILDER RISK INSURANCE POLICY FOR NGOPV PROJECT; Property Damage Cover, 233449277.97 L3
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