Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu
Grid Controller of India Limited | Ministry of Power
This tender closed on 19 Jul 2024. 10 tenders like it are open now.
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Tender details
🏗️ Invitation for Assets Insurance Services 🏗️ Grid Controller of India Limited, under the Ministry of Power, is seeking bids for an Assets Insurance Service that includes Standard Fire and Special Peril coverage, with additional protection against Earthquake and Terrorism risks. 🗓️ Submission Deadline: July 19, 2024, 1:00 PM Bidders must demonstrate expertise in providing comprehensive insurance solutions tailored to the unique needs of the power sector. Detailed proposals, including coverage terms, premium rates, and service level agreements, are required. Keywords: Assets Insurance, Grid Controller of India Limited, Ministry of Power, Fire and Special Peril Policy, Earthquake, Terrorism Insurance, Government Tender
- Tender ID
- GEM/2024/B/5035113
- Reference number
- –
- Organisation
- Grid Controller of India Limited | Ministry of Power
- Location
- –
- Bids open
- 4 Jul 2024, 12:27 PM
- Bids close
- 19 Jul 2024, 1:00 PM
- Tender value
- –
- EMD
- –
- Tender fee
- –
Award of Contract & Bid Results
HDFC ERGO GENERAL INSURANCE COMPANY LIMITED
103898.58
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | 18-07-2024 18:37:42 | N/A | Qualified |
| 2 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | 19-07-2024 08:38:53 | N/A | Qualified |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 19-07-2024 12:51:14 | N/A | Qualified |
| 4 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 19-07-2024 10:44:27 | N/A | Qualified |
| 5 | NATIONAL INSURANCE COMPANY LIMITED | 19-07-2024 11:04:42 | N/A | Qualified |
| 6 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 18-07-2024 17:01:19 | N/A | Qualified |
| 7 | THE ORIENTAL INSURANCE COMPANY LIMITED | 18-07-2024 12:49:21 | N/A | Qualified |
| 8 | UNITED INDIA INSURANCE COMPANY LIMITED | 19-07-2024 00:39:06 | N/A | Qualified |
| 9 | UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED | 19-07-2024 11:06:14 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | HDFC ERGO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 103898.58 | L1 |
| 2 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 134483.00 | L2 |
| 3 | UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 138147.82 | L3 |
| 4 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 155489.00 | L4 |
| 5 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 163415.00 | L5 |
| 6 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 171248.00 | L6 |
| 7 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 172556.00 | L7 |
| 8 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 174000.00 | L8 |
| 9 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Bu | 229569.00 | L9 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Standard Fire and special peril policy including Earthquake Terrorism Burglary Theft and Third party liability; Standard Fire & Special Perils Cover, Terrorism Cover, Earthquake Cover, Theft/Burglary Cover, Third party liab.. | Assets Insurance Service | 1 | ₹ 103898.580 |
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