Tender Details

About Tender

🏗️ Invitation For Assets Insurance Services 🏗️ The Department Of Financial Services, Under The Ministry Of Finance, Is Seeking Proposals For An Assets Insurance Service With An All Risk Policy, Including Property Damage Cover, Standard Fire, And Special Perils Cover. 📅 Proposal Submission Deadline: April 19, 2024, 12:00 Pm Interested Insurance Service Providers Must Demonstrate Expertise In Comprehensive Risk Assessment And Management, With A Focus On Delivering Robust Coverage Solutions. Keywords: Assets Insurance, All Risk Policy, Property Damage Cover, Fire & Special Perils Cover, Department Of Financial Services, Ministry Of Finance, Insurance Services Tender
Particulars Details
Title
Assets Insurance Service All Risk Policy; Property Damage Cover, Standard Fire & Special Perils C
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4840770
Reference
Number 		-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids
Start Date April 05, 2024 22:58
End Date
Expired 19/04/2024

Expired 854 days ago

Search Similar tenders?

Tender Support

Get help with filing, GeM registration, documents, or relevant tender alerts.

Request filing assistance Opportunity Matching GeM Registration How to file this tender? WhatsApp Support Join WhatsApp Channel

Award of Contract & Bid Results

Awarded Contractor / Winner

ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED

Contract Value

22184000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Khushboo Kumari
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Punjab National Bank (pnb)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 22-04-2024 13:15:37 N/A Qualified
2 NATIONAL INSURANCE COMPANY LIMITED 22-04-2024 11:54:15 N/A Qualified
3 RELIANCE GENERAL INSURANCE COMPANY LIMITED 22-04-2024 11:34:13 N/A Qualified
4 THE NEW INDIA ASSURANCE COMPANY LIMITED 22-04-2024 13:18:49 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 19-04-2024 11:17:28 N/A Disqualified

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; Property Damage Cover, Standard Fire & Special Perils C 20492000.00 L1
2 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy; Property Damage Cover, Standard Fire & Special Perils C 20601000.00 L2
3 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy; Property Damage Cover, Standard Fire & Special Perils C 43223950.00 L3
4 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - All Risk Policy; Property Damage Cover, Standard Fire & Special Perils C 49205713.89 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - All Risk Policy; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, Business Interruption (Loss of Profit) Cover, Terrorism Cover, Earthquake .. Assets Insurance Service 1 ₹ 22184000.000
Click Here to Download Dockets
of your Industry type
Get customized tender Recommendations for your Enterprise