Package Policy Operational Cover on All Risk Policy i.e. (Material Damage, Business Interruption, Machinery Breakdown, Money, Fidelity) and Standalone Terrorism Policy of Rapid Metro Link (RMGSL Portion)..
Tender Specifications & Timeline
13 FieldsAward of Contract (AOC) Details
Awardee / Contractor
The Oriental Insurance Company Ltd.
Award Date: 06-Sep-2023
Completion Period: 365 Days
Contract Financials & Scope
INR 0
Contract Award Info Updated 06-Sep-2023 05:51 PM by KUMAR SAURAV
Total Bidders
4
Winning Bid (L1)
₹2.36 Cr
Estimated Value (PAC)
—
Margin vs Estimate
—
Winning Contractor (L1 - Official Awardee)
Accepted-AOCL1 to L2 Spread
+9.71%
Completion Period
365 days
AOC Award Date
06-Sep-2023
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹2.36 Cr | 0.0% (L1) | — | Accepted-AOC | |
| L2 | THE NEW INDIA ASSURANCE CO LTD#2872905 | ₹2.59 Cr | +9.71% | Rejected | Rejected-AOC |
| L3 | ₹2.73 Cr | +15.58% | Rejected | Rejected-AOC | |
| L4 | ₹2.90 Cr | +22.96% | Rejected | Rejected-AOC |
This metro rail tender covers package Policy Operational Cover on All Risk Policy i.e. (Material Damage, Business Interruption, Machinery Breakdown, Money, Fidelity) and Standalone Terrorism Policy of Rapid Metro Link (RMGSL Portion).., issued by Delhi Metro Rail Corporation Limited under reference OFMisc-1443. The tender is currently Expired. Following contract finalisation, the work was awarded to The Oriental Insurance Company Ltd..
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_806431.pdf
BOQ Comparative Chart
techsummary_806431.pdf
finsummary_806431.pdf
1443-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 #2874552 | 01-Sep-2023 01:38 PM | Rejected-AOC Updated: 06-Sep-2023 05:51 PM | 2,90,46,491.78 | L4 | As per quoted rate |
THE NEW INDIA ASSURANCE CO LTD #2872905 | 01-Sep-2023 12:42 PM | Rejected-AOC Updated: 06-Sep-2023 05:51 PM | 2,59,17,213.20 | L2 | As per quoted rate |
The Oriental Insurance Company Ltd. #2874615 | 01-Sep-2023 12:42 PM | Accepted-AOC Updated: 06-Sep-2023 05:51 PM | 2,36,22,709.10 | L1 | As per quoted rate |
UNITED INDIA INSURANCE COMPANY LIMITED #2874662 | 01-Sep-2023 01:45 PM | Rejected-AOC Updated: 06-Sep-2023 05:51 PM | 2,73,02,725.54 | L3 | As per quoted rate |
Bid Evaluation Details & Logs
technical evaluation
Date: 06-Sep-2023 05:48 PM
Officer: KUMAR SAURAV
finance evaluation
Date: 06-Sep-2023 05:50 PM
Officer: KUMAR SAURAV
About This Procurement Notice
This central government tender was issued by Delhi Metro Rail Corporation Limited. Bids must be submitted by 01-Sep-2023 04:00 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 "Package Policy Operational Cover on All Risk Policy i.e. (Material Damage, Busin"?
- The current status of this tender is "Expired". The submission deadline is 01-Sep-2023 04:00 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-1443. 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.
- QWho won the contract for this tender?
- The contract for "Package Policy Operational Cover on All Risk Policy i.e. (Material Damage, Business Interruption, Machinery Breakdown, Money, Fidelity) and Standalone Terrorism Policy of Rapid Metro Link (RMGSL Portion).." was awarded to The Oriental Insurance Company Ltd..