Tender Details

Particulars Details
Title
Assets Insurance Service Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire
Description
Organisation Department of Economic Affairs | Ministry of Finance
Tender Id GEM/2024/B/4563086
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date February 05, 2024 23:56
End Date
Expired 19/02/2024

Expired 967 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

RELIANCE GENERAL INSURANCE COMPANY LIMITED

Contract Value

83664939

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: 532 Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Shashank Meena
Ministry: Ministry Of Finance
Department: Department Of Economic Affairs
Organisation: Security Printing And Minting Corporation Of India Limited (spmcil)

Technical Evaluation Results

S.No. Seller Name Participated On EMD Status MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 27-02-2024 14:54:44 Turnover >= 500 Cr. N/A Qualified
2 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED 27-02-2024 12:27:57 Turnover >= 500 Cr. N/A Qualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 26-02-2024 20:55:15 Turnover >= 500 Cr. N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 27-02-2024 14:01:58 Turnover >= 500 Cr. N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 27-02-2024 14:51:33 Turnover >= 500 Cr. N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 27-02-2024 14:25:09 Central / State PSUs N/A Qualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 26-02-2024 18:00:08 Turnover >= 500 Cr. N/A Qualified
8 SBI GENERAL INSURANCE COMPANY LIMITED 27-02-2024 13:09:48 Turnover >= 500 Cr. N/A Qualified
9 TATA AIG GENERAL INSURANCE COMPANY LIMITED 27-02-2024 14:02:14 Turnover >= 500 Cr. N/A Qualified
10 THE ORIENTAL INSURANCE COMPANY LIMITED 27-02-2024 13:46:57 Central / State PSUs N/A Disqualified
11 UNITED INDIA INSURANCE COMPANY LIMITED 27-02-2024 11:47:42 Central / State PSUs N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 83664939.00 L1
2 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 86922940.00 L2
3 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 94488736.00 L3
4 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 95633365.36 L4
5 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 96094885.00 L5
6 FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 103396118.00 L6
7 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 105066666.00 L7
8 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 105750949.00 L8
9 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 111487403.00 L9
10 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire 120793100.00 L10

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Mega Risk Insurance, Terrorism Insurance, Money Insurance, Standard Fire Special Perils Griha Suraksha Policy Terrorism with War Sabotage Burglary including Theft Money including Fidelity Directors Officers Liability; St.. Assets Insurance Service 1 ₹ 83664939.000
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