Assets Insurance Service Electronic Equipment Insurance; Property Damage Cover, Standard Fire & S

Tender Details

About Tender

🏗️ Invitation For Assets Insurance Services 🏗️ The Department Of Financial Services, Under The Ministry Of Finance, Is Seeking Proposals For The Provision Of Comprehensive Insurance Services For Electronic Equipment, Including Property Damage Cover And Standard Fire & Security Protection. 📅 Proposals Must Be Submitted By June 22, 2024, 3:00 Pm. Service Providers With Expertise In Assets Insurance, Particularly In The Realm Of Electronic Equipment, Are Invited To Present Their Offerings, Detailing Their Coverage, Terms, And Conditions, As Well As Their Financial Stability And Track Record. Keywords: Assets Insurance, Electronic Equipment Insurance, Property Damage Cover, Fire & Security Insurance, Department Of Financial Services, Ministry Of Finance

Particulars	Details
Title	Assets Insurance Service Electronic Equipment Insurance; Property Damage Cover, Standard Fire & S
Description
Organisation	Department of Financial Services \| Ministry of Finance
Tender Id	GEM/2024/B/5028564
Reference Number	-
Tender Fee	-
EMD	-
Tender Value	2 Crore
Place
Link	View Original Tender Notice https://bidplus.gem.gov.in/all-bids
Start Date	June 08, 2024 20:48
End Date	Expired 22/06/2024 Expired 847 days ago Search Similar tenders?

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE ORIENTAL INSURANCE COMPANY LIMITED

Contract Value

27100982

Tender Status: active

Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes

Buyer Name: Mithun Ramchandra Gujar

Ministry: Ministry Of Finance

Department: Department Of Financial Services

Organisation: Bank Of Maharashtra

Technical Evaluation Results

S.No.	Seller Name	Participated On	MSE/MII Status	Status
1	BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED	24-06-2024 09:57:07	N/A	Qualified
2	NATIONAL INSURANCE COMPANY LIMITED	24-06-2024 10:41:41	N/A	Disqualified
3	THE ORIENTAL INSURANCE COMPANY LIMITED	24-06-2024 10:34:15	N/A	Qualified
4	UNITED INDIA INSURANCE COMPANY LIMITED	22-06-2024 12:30:19	N/A	Qualified

Financial Evaluation Results

S.No.	Seller Name	Offered Item	Total Price	Rank
1	THE ORIENTAL INSURANCE COMPANY LIMITED	Item Categories : Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & S	27100982.00	L1
2	UNITED INDIA INSURANCE COMPANY LIMITED	Item Categories : Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & S	64968642.00	L2
3	BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED	Item Categories : Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & S	129787442.91	L3

Ordered Items & Contract Pricing

Service	Category Name	Ordered Quantity	Price
Assets Insurance Service - Electronic Equipment Insurance; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Earthquake Cover, Theft/Bu..	Assets Insurance Service	1	₹ 4293293.000
Assets Insurance Service - All Risk Policy; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquake Cover, Theft/..	Assets Insurance Service	1	₹ 72002.000
Assets Insurance Service - STANDARD FIRE and SPECIAL PERIL; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthqua..	Assets Insurance Service	1	₹ 1.000
Assets Insurance Service - STANDARD FIRE and SPECIAL PERIL; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthqua..	Assets Insurance Service	1	₹ 2428773.000
Assets Insurance Service - BURGLARY; Property Damage Cover, Standard Fire & Special Perils Cover, Storm, Typhoon, Hurricane, Tornado, Flood and Inundation (STFI) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquake Cover, Theft/Burglar..	Assets Insurance Service	1	₹ 11918.000
Group Personal Accidental Insurance Service - Contract Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities	Group Personal Accidental Insurance Service	1	₹ 52381.000
Liability Insurance Service - Indemnity insurance	Liability Insurance Service	1	₹ 15493784.000
Liability Insurance Service - Director and Officer liability coverage	Liability Insurance Service	1	₹ 948720.000
Liability Insurance Service - CREDIT CARD	Liability Insurance Service	1	₹ 321234.000
Liability Insurance Service - DEBIT CARD	Liability Insurance Service	1	₹ 1889769.000
Liability Insurance Service - COMMERCIAL GENRAL INSURANCE	Liability Insurance Service	1	₹ 379488.000
Liability Insurance Service - LOCKER POLICY	Liability Insurance Service	1	₹ 1209618.000
Motor Insurance Service - 4 Wheeler; 0 to 1000 cc, 1001 to 1500 CC, 1501 to 2500 CC, Above 2500 CC	Motor Insurance Service	100	₹ 1.000

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Tender Details

About Tender

Tender Support

Award of Contract & Bid Results

Technical Evaluation Results

Financial Evaluation Results

Ordered Items & Contract Pricing

Assets insurance service - terrorism insurance, electronic equipment insurance, fire insurance property damage cover, standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, terrorism cover, earth..

Assets insurance service - all risk policy, fire insurance, explosion standard fire & special perils cover, property damage cover, theft/burglary cover optional

Assets insurance service - terrorism insurance, electronic equipment insurance, all risk policy, fire insurance, money insurance standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, property da..

Assets insurance service - terrorism insurance, electronic equipment insurance, all risk policy, fire insurance storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, standard fire & special perils cover, terrorism cover, earthquake ..

Assets insurance service - terrorism insurance, electronic equipment insurance, as per tender standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, terrorism cover, earthquake cover, theft/burgl..

Assets insurance service - marine – cum – erection (mce), as per tender storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, property damage cover, standard fire & special perils cover, earthquake cover, theft/burglary cover, mbd (..

Assets insurance service - erection all risk (ear) property damage cover, standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, terrorism cover, earthquake cover, theft/burglary cover, as per te..

Assets insurance service - erection all risk (ear), as per tender document property damage cover, standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (stfi) cover, terrorism cover, earthquake cover, theft/b..

Assets insurance service - marine – cum – erection (mce), mce policy for 3x16 mw hep, chanju iii hydro, chamba, himachal pradesh property damage cover, standard fire & special perils cover, storm, typhoon, hurricane, tornado, flood and inundation (s..

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