Closed 20 Mar 2024

Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional

REGIONAL RURAL BANKS | Ministry of Finance

Tender value
₹2 Crore
Original notice

This tender closed on 20 Mar 2024. 10 tenders like it are open now.

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Tender details

Tender ID
GEM/2024/B/4726025
Reference number
–
Organisation
REGIONAL RURAL BANKS | Ministry of Finance
Location
–
Bids open
4 Mar 2024, 5:47 PM
Bids close
20 Mar 2024, 6:00 PM
Tender value
₹2 Crore
EMD
–
Tender fee
–

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

Award of Contract & Bid Results

Awarded Contractor / Winner

UNITED INDIA INSURANCE COMPANY LIMITED

Contract Value

48238400

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Ravi Kumar C K
Ministry: Ministry Of Finance
Department: Regional Rural Banks
Organisation: Karnataka Gramin Bank

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 NATIONAL INSURANCE COMPANY LIMITED 20-03-2024 17:44:49 N/A Qualified
2 THE NEW INDIA ASSURANCE COMPANY LIMITED 20-03-2024 17:48:35 N/A Qualified
3 THE ORIENTAL INSURANCE COMPANY LIMITED 20-03-2024 15:10:27 N/A Qualified
4 UNITED INDIA INSURANCE COMPANY LIMITED 20-03-2024 17:05:47 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional 48474400.00 L1
2 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional 50563000.00 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional 51153000.00 L3
4 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional 51802000.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - AS PER RFP TERMS; AS PER RFP TERMS; Optional Assets Insurance Service 1 ₹ 48238400.000

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