Tender Details

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 887 days ago

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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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