Tender Details
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About Tender
ποΈ Invitation For Assets Insurance Services ποΈ 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. ποΈ 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
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED
167600
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 | βΉ 167600.000 |
Assets insurance service - all risk policy, fire insurance, explosion standard fire & special perils cover, property damage cover, theft/burglary cover optional
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