Tender Details
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| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse
|
| Description |
|
| Organisation | POWER GRID Corporation OF INDIA Limited | Ministry of Power |
| Tender Id | GEM/2023/B/3749589 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://gem.gov.in/ |
| Start Date | August 03, 2023 23:55 |
| End Date |
Expired
16/08/2023
Expired 1106 days ago |
Tender Support
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Award of Contract & Bid Results
Awarded Contractor / Winner
THE NEW INDIA ASSURANCE COMPANY LIMITED
Contract Value
1482002883.73
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Anupam Kumar
Ministry:
Ministry Of Power
Department:
Power Grid Corporation Of India Limited
Organisation:
Power Grid Corporation Of India Limited
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | 16-08-2023 14:31:36 | N/A | Qualified |
| 2 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | 16-08-2023 14:34:07 | N/A | Qualified |
| 3 | GO DIGIT GENERAL INSURANCE LIMITED | 16-08-2023 14:26:03 | N/A | Qualified |
| 4 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 16-08-2023 13:20:28 | N/A | Qualified |
| 5 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 16-08-2023 11:05:29 | N/A | Qualified |
| 6 | NATIONAL INSURANCE COMPANY LIMITED | 16-08-2023 13:32:53 | N/A | Disqualified |
| 7 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 15-08-2023 19:07:13 | N/A | Qualified |
| 8 | SBI GENERAL INSURANCE COMPANY LIMITED | 16-08-2023 12:02:55 | N/A | Qualified |
| 9 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 16-08-2023 14:16:19 | N/A | Qualified |
| 10 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 15-08-2023 15:45:27 | N/A | Qualified |
| 11 | THE ORIENTAL INSURANCE COMPANY LIMITED | 16-08-2023 14:13:18 | N/A | Disqualified |
| 12 | UNITED INDIA INSURANCE COMPANY LIMITED | 16-08-2023 12:45:48 | N/A | Disqualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1482002883.73 | L1 |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1517675759.48 | L2 |
| 3 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1532984736.05 | L3 |
| 4 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1538942626.00 | L4 |
| 5 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1541013443.03 | L5 |
| 6 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1549428788.48 | L6 |
| 7 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1551755297.78 | L7 |
| 8 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 1586576221.53 | L8 |
| 9 | GO DIGIT GENERAL INSURANCE LIMITED | Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional,Asse | 2164242075.00 | L9 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Mega Risk Insurance; Business Interruption (Loss of Profit) Cover; Optional | Assets Insurance Service | 1 | ₹ 88705552.880 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 404974514.810 |
| Assets Insurance Service - Mega Risk Insurance; Earthquake Cover; Optional | Assets Insurance Service | 1 | ₹ 2138512.080 |
| Assets Insurance Service - Mega Risk Insurance; Business Interruption (Loss of Profit) Cover; Optional | Assets Insurance Service | 1 | ₹ 95739473.370 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 7005858.030 |
| Assets Insurance Service - Mega Risk Insurance; Theft/Burglary Cover; Optional | Assets Insurance Service | 1 | ₹ 1448811.220 |
| Assets Insurance Service - Mega Risk Insurance; Earthquake Cover; Optional | Assets Insurance Service | 1 | ₹ 77307433.770 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 57860604.420 |
| Assets Insurance Service - Mega Risk Insurance; THIRD PARTY LIABILTY; Optional | Assets Insurance Service | 1 | ₹ 354000.000 |
| Assets Insurance Service - Mega Risk Insurance; Terrorism Cover; Optional | Assets Insurance Service | 1 | ₹ 124084562.400 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 16413604.120 |
| Assets Insurance Service - Mega Risk Insurance; Terrorism Cover; Optional | Assets Insurance Service | 1 | ₹ 2258991.630 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 2466497.550 |
| Assets Insurance Service - Mega Risk Insurance; MBD (Machinery breakdown) Cover; Optional | Assets Insurance Service | 1 | ₹ 597550614.480 |
| Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover; Optional | Assets Insurance Service | 1 | ₹ 3693852.970 |
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