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About Tender
🏦 Secure Your Assets With Comprehensive Insurance Solutions 🏦 The Department Of Financial Services, Under The Ministry Of Finance, Is Calling For Tenders To Provide A Suite Of Insurance Services, Including Terrorism Insurance, Electronic Equipment Insurance, And All Risk Policy For Assets. 🔒 🗓️ Submission Deadline: May 17, 2024, 12:00 Pm Bidders Must Demonstrate Expertise In Providing Robust Insurance Solutions Tailored To The Specific Needs Of Asset Protection. Keywords: Assets Insurance, Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, Department Of Financial Services, Ministry Of Finance, Government Tender| Particulars | Details |
|---|---|
| Title |
Assets Insurance Service Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As
|
| Description |
|
| Organisation | Department of Financial Services | Ministry of Finance |
| Tender Id | GEM/2024/B/4909704 |
|
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 03, 2024 22:29 |
| End Date |
Expired
17/05/2024
Expired 884 days ago |
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Award of Contract & Bid Results
THE NEW INDIA ASSURANCE COMPANY LIMITED
122714100
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | 16-05-2024 16:40:40 | N/A | Qualified |
| 2 | NATIONAL INSURANCE COMPANY LIMITED | 17-05-2024 11:57:50 | N/A | Qualified |
| 3 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 17-05-2024 11:28:59 | N/A | Qualified |
| 4 | SBI GENERAL INSURANCE COMPANY LIMITED | 16-05-2024 17:00:14 | N/A | Qualified |
| 5 | THE NEW INDIA ASSURANCE COMPANY LIMITED | 17-05-2024 11:23:07 | N/A | Qualified |
| 6 | THE ORIENTAL INSURANCE COMPANY LIMITED | 17-05-2024 11:08:44 | N/A | Qualified |
| 7 | UNITED INDIA INSURANCE COMPANY LIMITED | 16-05-2024 18:59:54 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | THE NEW INDIA ASSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 113354550.00 | L1 |
| 2 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 113394237.09 | L2 |
| 3 | NATIONAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 152049168.50 | L3 |
| 4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 162905949.08 | L4 |
| 5 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 164787399.00 | L5 |
| 6 | UNITED INDIA INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 193978616.95 | L6 |
| 7 | THE ORIENTAL INSURANCE COMPANY LIMITED | Item Categories : Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As | 216048900.00 | L7 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Assets Insurance Service - Terrorism Insurance, Electronic Equipment Insurance, All Risk Policy, As per mentioned Bid documents attached in ATC; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood an.. | Assets Insurance Service | 1 | ₹ 122714100.000 |
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