Tender Details

About Tender

πŸ—οΈ Invitation For Assets Insurance Services πŸ—οΈ The Department Of Heavy Industry, Under The Ministry Of Heavy Industries And Public Enterprises, Is Seeking Bids For Assets Insurance Service, Specifically Erection All Risk (Ear) And Comprehensive Property Damage Cover, Including Standard Fire And Special Insurance Requirements. πŸ—“οΈ Deadline: July 13, 2024, 11:00 Am Bidders Must Demonstrate Expertise In Providing Insurance Solutions Tailored To The Unique Needs Of Heavy Industry Assets. Detailed Proposals, Including Coverage Terms And Premium Rates, Are To Be Submitted By The Stipulated Deadline. Keywords: Assets Insurance, Erection All Risk, Property Damage Cover, Fire Insurance, Special Insurance, Department Of Heavy Industry, Ministry Of Heavy Industries And Public Enterprises
Particulars Details
Title
Assets Insurance Service Erection All Risk (Ear); Property Damage Cover, Standard Fire & Special
Description
Organisation Department of Heavy Industry | Ministry of Heavy Industries and Public Enterprises
Tender Id GEM/2024/B/5123997
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date July 04, 2024 15:50
End Date
Expired 13/07/2024

Expired 825 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED

Contract Value

167600

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Keshav Chandra Tiwari
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 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 12-07-2024 13:41:40 N/A Disqualified
2 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 12-07-2024 15:58:46 N/A Qualified
3 RELIANCE GENERAL INSURANCE COMPANY LIMITED 12-07-2024 16:18:48 N/A Qualified
4 UNITED INDIA INSURANCE COMPANY LIMITED 12-07-2024 18:49:18 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special 167600.00 L1
2 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special 167621.50 L2
3 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special 184514.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Erection All Risk (EAR); Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Terrorism Cover, Earthquake Cover, Theft/Burglary Cover, AS PER TE.. Assets Insurance Service 1 β‚Ή 167600.000
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