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Contract Bidding Open For Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional in RAIPUR, CHHATTISGARH

Bid Publish Date

25-Apr-2025, 6:43 pm

Bid End Date

26-May-2025, 4:00 pm

Progress

RA
Issue25-Apr-2025, 6:43 pm
Reverse Auction31-May-2025, 3:00 pm
Award13-Jun-2025, 1:56 am
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Quantity

1

Bid Type

Two Packet Bid

Categories 1

A tender has been published for Chhattishgarh State Warehousing Corporation (cgswc) Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional in RAIPUR, CHHATTISGARH. Quantity: 1 by. Submission Deadline: 26-05-2025 16: 00: 00. Check eligibility and apply.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional

Authority Records

FOOD, CIVIL SUPPLIES AND CONSUMER PROTECTION DEPARTMENTSTATE WAREHOUSING CORPORATION

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Documents 5

GeM-Bidding-7776038.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC)

3

Additional Doc 2 (Requested in ATC)

4

Additional Doc 3 (Requested in ATC)

5

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

6

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

Corrigendum Updates

1 Update
#1

Update

13-May-2025

Reverse Auction Schedule

Completed

Start

31-May-2025, 3:00 pm

End

02-Jun-2025, 3:00 pm

Duration: 48 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
26-05-2025 15:00:35
2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
26-05-2025 15:56:05
3
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
26-05-2025 15:24:53

Financial Results

Rank Seller Price Item
L1
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional
L2
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional
L3
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - Floater Declaratory Basis; Fidelity Guarantee Policy; Optional

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about CHHATTISGARH tender market

What are the eligibility requirements for the tender?

The eligibility requirements include being a registered entity in India, possessing relevant licenses for providing insurance services, and demonstrating prior experience in handling similar projects in the insurance domain.

What certificates are required to participate in the tender?

Bidders must provide up-to-date certificates that include a valid insurance provider license, GST registration, and any specific credentials confirming compliance with industry standards for insurance services.

How do I complete the registration process for this tender?

To complete the registration process, bidders must register on the designated online procurement portal, filling in all necessary details and submitting the required documents in the specified formats.

What submission methods are available for this tender?

Submissions must be made electronically through the tender portal, adhering strictly to acceptable document formats as listed in the tender documentation.

What are the benefits for Micro, Small, and Medium Enterprises (MSEs) participating in this tender?

MSEs participating in this tender could benefit from provisions encouraging increased participation rates, such as set-asides or specific evaluation advantages, to enhance their ability to compete effectively in the public procurement landscape.