Tender Details
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About Tender
🏗️ Secure Your Bid For Assets Insurance Services With Steel Authority Of India Limited 🏗️ The Ministry Of Steel, Through Its Subsidiary Steel Authority Of India Limited (Sail), Is Calling For Bids From Experienced Insurance Service Providers For The Assets Insurance Service Mega Risk Insurance, As Per Atc (All Risk Transportation Cover). 🔒 🗓️ Deadline: June 5, 2024, 3:00 Pm This Is A Mandatory Requirement For All Assets Under Sail's Purview. Interested Parties Must Submit Detailed Bids, Showcasing Their Expertise In Handling Large Scale Insurance Services And Adherence To Stringent Risk Management Protocols. Keywords: Assets Insurance, Steel Authority Of India Limited, Ministry Of Steel, Mega Risk Insurance, Atc, Insurance Services Tender| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Mega Risk Insurance; As Per Atc; Mandatory,Assets Insurance Service Te
|
| Description |
|
| Organisation | Steel Authority of India Limited | Ministry of Steel |
| Tender Id | GEM/2024/B/4971176 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | May 22, 2024 20:06 |
| End Date |
Expired
05/06/2024
Expired 860 days ago |
Tender Support
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Award of Contract & Bid Results
Awarded Contractor / Winner
THE NEW INDIA ASSURANCE COMPANY LIMITED
Contract Value
1068053134
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Sneh Lata
Ministry:
Ministry Of Steel
Department:
Steel Authority Of India Limited
Organisation:
Corporate Office
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 11:41:49 | N/A | Qualified |
| 2 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 13:49:04 | N/A | Qualified |
| 3 | GO DIGIT GENERAL INSURANCE LIMITED | 06-06-2024 13:26:13 | N/A | Qualified |
| 4 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 11:35:10 | N/A | Qualified |
| 5 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 13:08:30 | N/A | Qualified |
| 6 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 14:54:14 | N/A | Qualified |
| 7 | NATIONAL INSURANCE COMPANY LIMITED | 06-06-2024 12:27:51 | N/A | Qualified |
| 8 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 12:06:47 | N/A | Qualified |
| 9 | SBI GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 11:56:01 | N/A | Qualified |
| 10 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 06-06-2024 12:25:36 | N/A | Qualified |
| 11 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 05-06-2024 17:25:14 | N/A | Qualified |
| 12 | THE ORIENTAL INSURANCE COMPANY LIMITED | 06-06-2024 12:22:58 | N/A | Qualified |
| 13 | UNITED INDIA INSURANCE COMPANY LIMITED | 06-06-2024 12:22:25 | 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 - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 783780959.58 | Disqualified |
| 2 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 908131310.00 | L1 |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 910688174.57 | L2 |
| 4 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 912355694.07 | L3 |
| 5 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 914034330.23 | L4 |
| 6 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 916179873.00 | L5 |
| 7 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 926029356.78 | L6 |
| 8 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 926696364.64 | L7 |
| 9 | GO DIGIT GENERAL INSURANCE LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 929697900.85 | L8 |
| 10 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 937979916.10 | L9 |
| 11 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 943816234.75 | L10 |
| 12 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 951431241.52 | L11 |
| 13 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory,Assets Insurance Service - Te | 958268073.56 | L12 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Mega Risk Insurance; AS PER ATC; Mandatory | Assets Insurance Service | 296 | ₹ 1052967637.760 |
| Assets Insurance Service - Terrorism Insurance; As per ATC; Mandatory | Assets Insurance Service | 296 | ₹ 15085496.240 |
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