Tender Details

Particulars Details
Title
Assets Insurance Service Mega Risk Insurance; Renewal Of Mega Risk Insurance Policy And Standalon
Description
Organisation Contracts and Materials | Ministry of Power
Tender Id GEM/2024/B/4942641
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date May 26, 2024 04:43
End Date
Expired 10/06/2024

Expired 855 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED

Contract Value

241858991

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Mohan Meesala
Ministry: Ministry Of Power
Department: Contracts And Materials
Organisation: Ntpc Tamilnadu Energy Company Ltd

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:44:09 N/A Qualified
2 GO DIGIT GENERAL INSURANCE LIMITED 25-06-2024 15:00:34 N/A Qualified
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:13:29 N/A Qualified
4 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:53:54 N/A Qualified
5 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:47:14 N/A Qualified
6 NATIONAL INSURANCE COMPANY LIMITED 25-06-2024 15:37:05 N/A Qualified
7 RELIANCE GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:37:41 N/A Qualified
8 SBI GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:52:54 N/A Qualified
9 TATA AIG GENERAL INSURANCE COMPANY LIMITED 25-06-2024 15:18:14 N/A Qualified
10 THE NEW INDIA ASSURANCE COMPANY LIMITED 25-06-2024 15:32:13 N/A Qualified
11 THE ORIENTAL INSURANCE COMPANY LIMITED 25-06-2024 15:46:01 N/A Qualified
12 UNITED INDIA INSURANCE COMPANY LIMITED 25-06-2024 15:30:27 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 - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 241858991.00 L1
2 TATA AIG GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 242172852.00 L2
3 HDFC ERGO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 242581498.00 L3
4 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 333933876.00 L4
5 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 334152176.00 L5
6 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 334399976.00 L6
7 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 334694976.00 L7
8 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 335591776.00 L8
9 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 345149777.00 L9
10 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 346896177.00 L10
11 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 351757776.00 L11
12 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalon 353303576.00 L12

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Assets Insurance Service - Mega Risk Insurance; Renewal of Mega Risk Insurance Policy and Standalone Terrorism policy for all three units of NTECL and Outside Assets for one year 202425; Mandatory Assets Insurance Service 1 ₹ 241858991.000
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