Aggregated public procurement dossier compiling official financial evaluations, competitive bidding ranks (L1, L2, L3), and tender awards.
1 awarded across 2 participated tenders
Total Tenders Bidded
2
Evaluated bids submitted
Official L1 Wins
1
Lowest responsive bidder
Won Contracts Value
₹1.06 Cr
Cumulative awarded volume
Total Quoted Pipeline
₹6.97 Cr
Aggregated financial quotes
Historical rank distribution across technical evaluations and financial openings
1
Winning Bid
0
Runner Up
0
3rd Lowest
1
Higher Ranks
0
Disqualified
THE NEW INDIA ASSURANCE CO LTD is an active participant in public government e-procurement tenders. Across documented records, the contractor has placed financial quotes for 2 distinct tenders, achieving the lowest conforming bid position (L1) on 1 tenders with a historical win rate of 50%.
The contractor has executed or been awarded project works amounting to ₹1.06 Cr. In competitive bidding assessments, the firm has also finished as the secondary bidder (L2) in 0 tenders. Primary issuing authorities include delhi metro rail corporation limited.
Evaluation records and financial bids submitted by THE NEW INDIA ASSURANCE CO LTD
| Rank | Tender & Authority | Quoted Bid | Estimated Cost | Margin | Outcome | Link |
|---|---|---|---|---|---|---|
| L5 | INSURANCE OF All Risk i.e. (Material Damage, Business Interruption, Machinery Breakdown, Money, Fidelity), Stand Alone Terrorism Policy, Commercial General Liability (CGL), Group PASSENGERS / PUBLIC Accident (GPA) OF RAPID METRO RAIL LINE for.. delhi metro rail corporation limited•New Delhi•07-Aug-2026 | ₹5.86 Cr | — | — | Rejected-Finance | View |
| L1 | GROUP MEDICLAIM POLICY (GMC) AND GROUP ACCIDENT INSURANCE (GPA) FOR EMPLOYEES OF RAPID METRO FOR 01 YEAR. delhi metro rail corporation limited•New Delhi•30-May-2025 | ₹1.11 Cr | — | — | Awarded (L1) | View |
According to public e-procurement data records, THE NEW INDIA ASSURANCE CO LTD has participated in 2 government infrastructure and procurement tenders across central and state authorities.
THE NEW INDIA ASSURANCE CO LTD has secured 1 tenders as the official lowest bidder (L1) or awardee, achieving an overall win rate of 50%.
The cumulative value of project contracts awarded to THE NEW INDIA ASSURANCE CO LTD is approximately ₹1.06 Cr, across agencies such as delhi metro rail corporation limited.