Tender Details

Particulars Details
Title
Custom Bid For Services Comprehensive Insurance For Concor And Fhel From 4th April 2025 To 3rd A
Description
Organisation Railways Public Sector Undertakings | Ministry of Railways
Tender Id GEM/2025/B/6044203
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date March 11, 2025 15:56
End Date
Expired 21/03/2025

Expired 570 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

175230000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Mayank Mathur
Ministry: Ministry Of Railways
Department: Railways Public Sector Undertakings
Organisation: Container Corporation Of India Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 20-03-2025 22:11:25 N/A Qualified
2 NATIONAL INSURANCE COMPANY LIMITED 20-03-2025 20:02:17 N/A Qualified
3 THE NEW INDIA ASSURANCE COMPANY LIMITED 20-03-2025 17:27:19 N/A Qualified
4 THE ORIENTAL INSURANCE COMPANY LIMITED 21-03-2025 10:46:35 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 20-03-2025 22:21:27 N/A Disqualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - Comprehensive Insurance for CONCOR and FHEL from 4th April 2025 TO 3rd A 181720000.00 L1
2 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - Comprehensive Insurance for CONCOR and FHEL from 4th April 2025 TO 3rd A 195985020.00 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - Comprehensive Insurance for CONCOR and FHEL from 4th April 2025 TO 3rd A 206732063.00 L3
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - Comprehensive Insurance for CONCOR and FHEL from 4th April 2025 TO 3rd A 230900905.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Custom Bid for Services - Comprehensive Insurance for CONCOR and FHEL from 4th April 2025 TO 3rd April 2026 Custom Bid for Services 1 ₹ 175230000.000
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