INSURANCE OF PASSENGERS / PUBLIC, MONEY, FIDELITY, ASSETS, PROPERTIES AND TRAINS OF RAPID METRORAIL LINK (RMGL portion) - Consist of 6 stations and 1 Depot namely - Sikanderpur, DLF Phase 2, Belvedere Towers, Cyber City, Moulsari Avenue, DLF Phase 3
Tender Specifications & Timeline
13 FieldsAward of Contract (AOC) Details
Awardee / Contractor
The Oriental Insurance Company Ltd.
Award Date: 12-Nov-2021
Completion Period: 545 Days
Contract Financials & Scope
INR 100
Contract Award Info Updated 12-Nov-2021 05:40 PM by Nitesh Tripathi
Total Bidders
4
Winning Bid (L1)
₹2.86 Cr
Estimated Value (PAC)
—
Margin vs Estimate
—
Winning Contractor (L1 - Official Awardee)
Accepted-AOCL1 to L2 Spread
+33356582.50%
Completion Period
545 days
AOC Award Date
12-Nov-2021
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹2.86 Cr | 0.0% (L1) | — | Accepted-AOC | |
| L2 | The New India Assurance Co Ltd#2422262 | ₹3.34 Cr | +33356582.50% | Rejected | Rejected-AOC |
| L3 | ₹4.28 Cr | +42751300.00% | Rejected | Rejected-AOC | |
| L4 | ₹4.85 Cr | +48541206.00% | Rejected | Rejected-AOC |
This metro rail tender covers iNSURANCE OF PASSENGERS / PUBLIC, MONEY, FIDELITY, ASSETS, PROPERTIES AND TRAINS OF RAPID METRORAIL LINK (RMGL portion) - Consist of 6 stations and 1 Depot namely - Sikanderpur, DLF Phase 2, Belvedere Towers, Cyber City, Moulsari Avenue, DLF Phase 3, issued by Delhi Metro Rail Corporation Limited under reference OFMisc-1015. This work is part of the development of New Delhi Metro — government tender titles use official department terminology rather than the common name. The tender is currently Expired. Following contract finalisation, the work has been awarded to The Oriental Insurance Company Ltd. for a total value of ₹100.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in New Delhi. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Tender Documents
Download official tender documents, technical specifications, schedules, and BOQ files
finance_688250.pdf
BOQ Comparative Chart
techsummary_688250.pdf
finsummary_688250.pdf
1015-LOA.pdf
As per quoted rate
As per quoted rate
As per quoted rate
As per quoted rate
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
National Insurance Company Limited #2419009 | 09-Nov-2021 11:54 AM | Rejected-AOC Updated: 12-Nov-2021 05:40 PM | 4,85,41,306.00 | L4 | As per quoted rate |
The New India Assurance Co Ltd #2422262 | 08-Nov-2021 10:52 PM | Rejected-AOC Updated: 12-Nov-2021 05:40 PM | 3,33,56,682.50 | L2 | As per quoted rate |
The Oriental Insurance Company Ltd. #2418256 | 08-Nov-2021 04:53 PM | Accepted-AOC Updated: 12-Nov-2021 05:40 PM | 2,85,62,206.80 | L1 | As per quoted rate |
UNITED INDIA INSURANCE COMPANY LIMITED #2416640 | 09-Nov-2021 11:56 AM | Rejected-AOC Updated: 12-Nov-2021 05:40 PM | 4,27,51,400.00 | L3 | As per quoted rate |
Bid Evaluation Details & Logs
technical evaluation
Date: 12-Nov-2021 05:35 PM
Officer: Nitesh Tripathi
finance evaluation
Date: 12-Nov-2021 05:38 PM
Officer: Nitesh Tripathi
About This Procurement Notice
This central government tender was issued by Delhi Metro Rail Corporation Limited. Bids must be submitted by 09-Nov-2021 02:00 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "INSURANCE OF PASSENGERS / PUBLIC, MONEY, FIDELITY, ASSETS, PROPERTIES AND TRAINS"?
- The current status of this tender is "Expired". The submission deadline is 09-Nov-2021 02:00 PM. This information is sourced from official government procurement portals.
- QWho issued this central government tender?
- This tender was issued by Delhi Metro Rail Corporation Limited. The reference number is OFMisc-1015. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value has not been disclosed for this procurement notice. Please refer to the official tender documents for detailed specifications.
- QIs this the New Delhi Metro tender?
- Yes — "Insurance of Passengers / Public, Money, Fidelity, Assets, Properties and Trains of Rapid Metrorail Link (Rmgl Portion) - Consist of 6 Stations and 1 Depot Namely - Sikanderpur, Dlf Phase 2, Belvedere Towers, Cyber City, Moulsari Avenue, Dlf Phase 3" is the official government tender title covering New Delhi Metro development works. Government tender titles for this sector use official department terminology rather than the site's common name.
- QWho won the contract for this tender?
- The contract for "Insurance of Passengers / Public, Money, Fidelity, Assets, Properties and Trains of Rapid Metrorail Link (Rmgl Portion) - Consist of 6 Stations and 1 Depot Namely - Sikanderpur, Dlf Phase 2, Belvedere Towers, Cyber City, Moulsari Avenue, Dlf Phase 3" has been awarded to The Oriental Insurance Company Ltd. with an awarded contract value of ₹100.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹100.