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Contract Bidding Open For Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla in PATNA, BIHAR

Bid Publish Date

01-Dec-2025, 6:54 pm

Bid End Date

17-Dec-2025, 3:00 pm

Value

₹7,50,00,000

Location

PATNA , BIHAR
Generate Docs

Progress

RA
Issue01-Dec-2025, 6:54 pm
Reverse AuctionCompleted
Award04-Feb-2026, 1:34 am
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 2

INSURANCE SERVICE MACHINERY

North 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!

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

ENERGY DEPARTMENT

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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

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5 found

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Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Additional Doc 1 (Requested in ATC)

4

Additional Doc 2 (Requested in ATC)

5

Additional Doc 3 (Requested in ATC)

6

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

7

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Reverse Auction Schedule

Completed

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.

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
L1UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA Winner ₹9,14,99,960Item Categories : Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla
L2NATIONAL INSURANCE COMPANY LIMITED   Under PMA₹9,93,95,550Item Categories : Assets Insurance Service - Fire Insurance, undefined, Standard Fire & Special Perils Policy, Burgla
L3THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA₹12,42,75,790Item 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

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