Tender Details

Particulars Details
Title
Liability Insurance Service Bankers Indemnity Insurance Policy
Description
Organisation REGIONAL RURAL BANKS | Ministry of Finance
Tender Id GEM/2024/B/4713364
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date February 29, 2024 23:17
End Date
Expired 18/03/2024

Expired 936 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

NATIONAL INSURANCE COMPANY LIMITED

Contract Value

4484000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Suneel Kumar
Ministry: Ministry Of Finance
Department: Regional Rural Banks
Organisation: Aryavart Bank

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 18-03-2024 12:27:17 N/A Qualified
2 NATIONAL INSURANCE COMPANY LIMITED 18-03-2024 14:42:22 N/A Qualified
3 THE NEW INDIA ASSURANCE COMPANY LIMITED 16-03-2024 10:40:35 N/A Qualified
4 THE ORIENTAL INSURANCE COMPANY LIMITED 18-03-2024 12:04:53 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 18-03-2024 12:53:34 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Bankers Indemnity Insurance Policy 4484000.00 L1
2 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Bankers Indemnity Insurance Policy 4720000.00 L2
3 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Bankers Indemnity Insurance Policy 6136000.00 L3
4 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Bankers Indemnity Insurance Policy 6962000.00 L4
5 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Bankers Indemnity Insurance Policy 177000000.00 L5

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Liability Insurance Service - Bankers Indemnity Insurance Policy Liability Insurance Service 1 ₹ 4484000.000
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