Tender Details

About Tender

🏗️ Invitation For Assets Insurance Services Bid 🏗️ The Ministry Of Power, Through Its Tender Document, Seeks A Reliable Assets Insurance Service Provider To Ensure Comprehensive Risk Coverage And Standard Fire And Special Perils Insurance For Its Critical Assets. 📅 Bid Submission Deadline: May 08, 2024, 4:00 Pm Interested Parties Are Invited To Submit Detailed Bids That Address The Insurance Needs As Outlined In The Tender Document, With A Focus On Reliability And Adherence To Industry Standards. Keywords: Assets Insurance, Ministry Of Power, Risk Coverage, Fire & Special Perils Insurance, Tender Bid
Particulars Details
Title
Assets Insurance Service Risk Coverage As Mentioned In Tender Document; Standard Fire & Special P
Description
Organisation NA | Ministry of Power
Tender Id GEM/2024/B/4880644
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date April 23, 2024 21:34
End Date
Expired 08/05/2024

Expired 878 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE ORIENTAL INSURANCE COMPANY LIMITED

Contract Value

5918131

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Mayank Chaube
Ministry: Ministry Of Power
Department: Na
Organisation: Ntpc Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 THE NEW INDIA ASSURANCE COMPANY LIMITED 13-05-2024 11:27:45 N/A Qualified
2 THE ORIENTAL INSURANCE COMPANY LIMITED 15-05-2024 11:19:15 N/A Qualified
3 UNITED INDIA INSURANCE COMPANY LIMITED 09-05-2024 12:45:27 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk Coverage as mentioned in tender document; Standard Fire & Special P 5918131.00 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk Coverage as mentioned in tender document; Standard Fire & Special P 6329988.00 L2
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Risk Coverage as mentioned in tender document; Standard Fire & Special P 6597562.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Risk Coverage as mentioned in tender document; Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Earthquake Cover, Risk coverage as mentioned in tender document; Op.. Assets Insurance Service 1 ₹ 5918131.000
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