Tender Details

Particulars Details
Title
Assets Insurance Service All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire &
Description
Organisation Petronet MHB Limited | Ministry of Petroleum and Natural Gas
Tender Id GEM/2024/B/5042901
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date June 12, 2024 22:16
End Date
Expired 27/06/2024

Expired 841 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED

Contract Value

11344595

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Prasanna Kumar R
Ministry: Ministry Of Petroleum And Natural Gas
Department: Petronet Mhb Limited
Organisation: Petronet Mhb Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 GO DIGIT GENERAL INSURANCE LIMITED 01-07-2024 13:28:22 N/A Disqualified
2 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 27-06-2024 13:40:52 N/A Qualified
3 NATIONAL INSURANCE COMPANY LIMITED 01-07-2024 10:52:23 N/A Qualified
4 THE NEW INDIA ASSURANCE COMPANY LIMITED 01-07-2024 13:13:28 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 30-06-2024 14:10:04 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire & 11344595.00 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire & 12657262.00 L2
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire & 12669273.00 L3
4 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire & 14601310.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - All Risk Policy, Money Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, MBD (Machin.. Assets Insurance Service 1 ₹ 11344595.000
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