Tender Details
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| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse
|
| Description |
|
| Organisation | POWER GRID Corporation OF INDIA Limited | Ministry of Power |
| Tender Id | GEM/2024/B/5238125 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | August 05, 2024 23:39 |
| End Date |
Expired
16/08/2024
Expired 737 days ago |
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Award of Contract & Bid Results
Awarded Contractor / Winner
THE NEW INDIA ASSURANCE COMPANY LIMITED
Contract Value
552552360.23
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Ashish Chaturvedi
Ministry:
Ministry Of Power
Department:
Power Grid Corporation Of India Limited
Organisation:
Power Grid Corporation Of India Limited
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 18:58:47 | N/A | Qualified |
| 2 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | 16-08-2024 17:24:59 | N/A | Qualified |
| 3 | GO DIGIT GENERAL INSURANCE LIMITED | 16-08-2024 18:12:45 | N/A | Disqualified |
| 4 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 18:51:27 | N/A | Qualified |
| 5 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 18:09:14 | N/A | Qualified |
| 6 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 17:43:20 | N/A | Qualified |
| 7 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 17:55:01 | N/A | Qualified |
| 8 | SBI GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 17:30:46 | N/A | Qualified |
| 9 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 16-08-2024 17:47:47 | N/A | Qualified |
| 10 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 16-08-2024 17:41:13 | N/A | Qualified |
| 11 | THE ORIENTAL INSURANCE COMPANY LIMITED | 16-08-2024 17:40:38 | N/A | Disqualified |
| 12 | UNITED INDIA INSURANCE COMPANY LIMITED | 16-08-2024 18:01:13 | N/A | Disqualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 552552360.23 | L1 |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 560500001.65 | L2 |
| 3 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 579852378.00 | L3 |
| 4 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 659266121.45 | L4 |
| 5 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 814459910.21 | L5 |
| 6 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 819070032.22 | L6 |
| 7 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 854989119.16 | L7 |
| 8 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 858947565.23 | L8 |
| 9 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 996715591.70 | L9 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 221001652.410 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 3875977.650 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 32071347.810 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 8452612.030 |
| Assets Insurance Service - Mega Risk Insurance; MBD (Machinery breakdown) Cover; Optional | Assets Insurance Service | 1 | ₹ 112710842.730 |
| Assets Insurance Service - Mega Risk Insurance; Business Interruption (Loss of Profit) Cover; Optional | Assets Insurance Service | 1 | ₹ 35265359.290 |
| Assets Insurance Service - Mega Risk Insurance; Business Interruption (Loss of Profit) Cover; Optional | Assets Insurance Service | 1 | ₹ 45464696.780 |
| Assets Insurance Service - Mega Risk Insurance; Earthquake Cover; Optional | Assets Insurance Service | 1 | ₹ 71788639.960 |
| Assets Insurance Service - Mega Risk Insurance; Terrorism Cover; Optional | Assets Insurance Service | 1 | ₹ 14444399.930 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 1766714.770 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 2845162.940 |
| Assets Insurance Service - Mega Risk Insurance; Earthquake Cover; Optional | Assets Insurance Service | 1 | ₹ 1840263.100 |
| Assets Insurance Service - Mega Risk Insurance; Theft/Burglary Cover; Optional | Assets Insurance Service | 1 | ₹ 601090.760 |
| Assets Insurance Service - Mega Risk Insurance; THIRD PARTY LIABILTY; Optional | Assets Insurance Service | 1 | ₹ 118000.000 |
| Assets Insurance Service - Mega Risk Insurance; Terrorism Cover; Optional | Assets Insurance Service | 1 | ₹ 305600.070 |
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