Contract Bidding Open For Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla in PATNA, BIHAR
Progress
RANorth Bihar Power Distribution Company Limited announces a tender for Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burglary, Marine Open Inland Policy, Money, Fidelity Guarantee, Machinery Breakdown, Comprehensive General Liability, Cyber Risk, Commercial Crime, All Ris. . in PATNA, BIHAR. Quantity: 1. Submission Deadline: 17-12-2025 15: 00: 00. Last date to apply is approaching fast!
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Under PMA | 17-12-2025 14:58:27 | |
| 2 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 16-12-2025 17:44:11 | |
| 3 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 17-12-2025 12:08:57 | |
| 4 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA | 16-12-2025 18:32:51 |
Reverse Auction Results Final Prices
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | UNITED INDIA INSURANCE COMPANY LIMITED Under PMA Winner | ₹9,14,99,960 | Item Categories : Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla |
| L2 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | ₹9,93,95,550 | Item Categories : Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla |
| L3 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | ₹12,42,75,790 | Item Categories : Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla |
🎉 L1 Winner
UNITED INDIA INSURANCE COMPANY LIMITED Under PMA
Final Price: ₹9,14,99,960
Contract / Result Documents 1
Please sign in or create an account to view contract details and download result documents.
Reverse Auction Schedule
Start
25-Dec-2025, 2:00 pm
End
26-Dec-2025, 2:00 pm
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
3 Days
Requirements
Min. Avg. Annual Turnover
3000
Experience Required
5 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burglary , Marine Open Inland Policy, Money, Fidelity Guarantee, Machinery Breakdown , Comprehensive General Liability, Cyber Risk, Commercial Crime, All Ris..
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 6
GeM-Bidding-8658580.pdf
Main Document
BOQ Document
BOQ
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
Experience Criteria
Bidder Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer