Tender Details

About Tender

🔒 Procurement Opportunity: Card Insurance Policy 🔒 The Department Of Financial Services, Ministry Of Finance, Is Seeking Bids For The Provision Of Liability Insurance Services For A Card Insurance Policy. 🏦 🗓️ Submission Deadline: May 20, 2024, 12:00 Pm Interested Insurance Service Providers Must Submit Detailed Bids That Meet The Specifications And Requirements Outlined In The Tender Document. Keywords: Liability Insurance, Card Insurance Policy, Financial Services, Government Tender, Insurance Services Procurement
Particulars Details
Title
Liability Insurance Service Card Insurance Policy
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4914363
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date May 06, 2024 21:05
End Date
Expired 20/05/2024

Expired 879 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

4130000

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 NATIONAL INSURANCE COMPANY LIMITED 20-05-2024 11:52:19 N/A Disqualified
2 THE NEW INDIA ASSURANCE COMPANY LIMITED 20-05-2024 11:54:53 N/A Qualified
3 THE ORIENTAL INSURANCE COMPANY LIMITED 20-05-2024 11:04:13 N/A Qualified
4 UNITED INDIA INSURANCE COMPANY LIMITED 17-05-2024 22:04:46 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Card Insurance Policy 5450000.00 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Card Insurance Policy 12422493.53 L2
3 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Liability Insurance Service - Card Insurance Policy 16350000.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Liability Insurance Service - Card Insurance Policy Liability Insurance Service 1 ₹ 4130000.000
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