Tender Details

Particulars Details
Title
Assets Insurance Service Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co
Description
Organisation Department of Economic Affairs | Ministry of Finance
Tender Id GEM/2025/B/6069062
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date March 19, 2025 18:44
End Date
Expired 26/03/2025

Expired 532 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED

Contract Value

332501

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Mohit
Ministry: Ministry Of Finance
Department: Department Of Economic Affairs
Organisation: N/a

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 26-03-2025 14:11:02 N/A Qualified
2 NATIONAL INSURANCE COMPANY LIMITED 26-03-2025 13:06:08 N/A Qualified
3 THE NEW INDIA ASSURANCE COMPANY LIMITED 26-03-2025 13:32:33 N/A Qualified
4 THE ORIENTAL INSURANCE COMPANY LIMITED 26-03-2025 18:05:30 N/A Qualified
5 UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED 26-03-2025 16:56:38 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co 307140.75 L1
2 UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co 770210.63 L2
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co 915600.00 L3
4 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co 1228963.92 L4
5 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Co 2398000.00 L5

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Fire Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Theft/Burglary Cover; Optional Assets Insurance Service 1 ₹ 332501.000
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