Tender Details
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About Tender
🏗️ Invitation For Assets Insurance Services 🏗️ The Department Of Heavy Industry, Under The Ministry Of Heavy Industries And Public Enterprises, Is Seeking Bids For The Provision Of Standard Fire And Special Perils Insurance Services For Its Assets. 📅 Bid Submission Deadline: May 15, 2024, 4:00 Pm Interested Insurance Service Providers Must Submit Detailed Proposals, Including Coverage Terms, Premium Rates, And Claims Handling Procedures, In Accordance With The Specified Guidelines. Keywords: Assets Insurance, Department Of Heavy Industry, Ministry Of Heavy Industries And Public Enterprises, Fire And Special Perils Insurance Policy, Insurance Services Procurement| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Standard Fire Allied Perils Insurance Policy; Standard Fire & Special Pe
|
| Description |
|
| Organisation | Department of Heavy Industry | Ministry of Heavy Industries and Public Enterprises |
| Tender Id | GEM/2024/B/4904396 |
|
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 01, 2024 21:07 |
| End Date |
Expired
15/05/2024
Expired 829 days ago |
Tender Support
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Award of Contract & Bid Results
Awarded Contractor / Winner
GO DIGIT GENERAL INSURANCE LIMITED
Contract Value
63602000
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Kamlesh Agarwal
Ministry:
Ministry Of Heavy Industries And Public Enterprises
Department:
Department Of Heavy Industry
Organisation:
Bharat Heavy Electricals Limited (bhel)
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | 15-05-2024 11:55:19 | N/A | Qualified |
| 2 | GO DIGIT GENERAL INSURANCE LIMITED | 15-05-2024 14:56:08 | N/A | Qualified |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 15-05-2024 14:00:32 | N/A | Qualified |
| 4 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 15-05-2024 13:11:00 | N/A | Qualified |
| 5 | NATIONAL INSURANCE COMPANY LIMITED | 15-05-2024 15:35:02 | N/A | Qualified |
| 6 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 15-05-2024 14:30:50 | N/A | Qualified |
| 7 | SBI GENERAL INSURANCE COMPANY LIMITED | 14-05-2024 13:45:10 | N/A | Qualified |
| 8 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 15-05-2024 15:32:15 | N/A | Qualified |
| 9 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 15-05-2024 15:32:30 | N/A | Qualified |
| 10 | THE ORIENTAL INSURANCE COMPANY LIMITED | 15-05-2024 15:52:29 | N/A | Qualified |
| 11 | UNITED INDIA INSURANCE COMPANY LIMITED | 15-05-2024 15:51:23 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | GO DIGIT GENERAL INSURANCE LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 63602000.00 | L1 |
| 2 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 64933496.00 | L2 |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 65634092.00 | L3 |
| 4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 65803452.00 | L4 |
| 5 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 68872986.00 | L5 |
| 6 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 69648099.00 | L6 |
| 7 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 69665626.00 | L7 |
| 8 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 72073484.00 | L8 |
| 9 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 72373858.00 | L9 |
| 10 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 72999253.00 | L10 |
| 11 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Pe | 73277761.00 | L11 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - STANDARD FIRE ALLIED PERILS INSURANCE POLICY; Standard Fire & Special Perils Cover, Property Damage Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Theft/Burg.. | Assets Insurance Service | 1 | ₹ 63602000.000 |
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