Tender Details

About Tender

🏦 Secure Your Assets With Comprehensive Insurance Solutions 🏦 The Department Of Financial Services, Under The Ministry Of Finance, Is Calling For Tenders To Provide Assets Insurance Services, Including Terrorism Insurance, Electronic Equipment Insurance, And All Risk Policy. 🔒 🗓️ Deadline: May 06, 2024, 4:00 Pm Bidders Must Offer Robust Insurance Solutions That Cater To A Diverse Range Of Assets, Ensuring Comprehensive Coverage And Adherence To The Highest Standards Of Service Excellence. Keywords: Assets Insurance, Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, Department Of Financial Services, Ministry Of Finance, Government Tender
Particulars Details
Title
Assets Insurance Service Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy; Pr
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4877257
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date April 25, 2024 17:45
End Date
Expired 06/05/2024

Expired 889 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

NATIONAL INSURANCE COMPANY LIMITED

Contract Value

1908980

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Piyush Chandra
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Union Bank Of India (ubi)

Technical Evaluation Results

S.No. Seller Name Participated On EMD Status MSE/MII Status Status
1 CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED 13-05-2024 14:50:46 Turnover >= 500 Cr. N/A Qualified
2 NATIONAL INSURANCE COMPANY LIMITED 09-05-2024 10:59:28 Central / State PSUs N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy; Pr 1908980.00 L1
2 CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy; Pr 2196286.00 L2

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy; Property Damage Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquak.. Assets Insurance Service 1152 ₹ 1908980.000
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