Tender Details

Particulars Details
Title
Assets Insurance Service Terrorism Insurance, All Risk Policy, Fire Insurance, As Per Atc; Standa
Description
Organisation BANKING SECTOR | Ministry of Finance
Tender Id GEM/2025/B/6103213
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date April 01, 2025 22:10
End Date
Expired 22/04/2025

Expired 487 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

UNITED INDIA INSURANCE COMPANY LIMITED

Contract Value

34744444

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Harjinder Singh
Ministry: Ministry Of Finance
Department: Banking Sector
Organisation: Punjab National Bank

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 GO DIGIT GENERAL INSURANCE LIMITED 24-04-2025 23:04:22 N/A Qualified
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 24-04-2025 22:54:20 N/A Qualified
3 NATIONAL INSURANCE COMPANY LIMITED 25-04-2025 09:38:47 N/A Qualified
4 UNITED INDIA INSURANCE COMPANY LIMITED 24-04-2025 21:10:20 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 - Terrorism Insurance, All Risk Policy, Fire Insurance, as per ATC; Standa 32094444.03 L1
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Terrorism Insurance, All Risk Policy, Fire Insurance, as per ATC; Standa 38269900.00 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Terrorism Insurance, All Risk Policy, Fire Insurance, as per ATC; Standa 41507200.00 L3
4 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Assets Insurance Service - Terrorism Insurance, All Risk Policy, Fire Insurance, as per ATC; Standa 76300000.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Terrorism Insurance, All Risk Policy, Fire Insurance, as per ATC; Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Theft/Burglar.. Assets Insurance Service 1 ₹ 34744444.000
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