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Tender Notice for Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/ in LUCKNOW, UTTAR PRADESH

Bid Publish Date

29-May-2025, 3:16 pm

Bid End Date

12-Jun-2025, 6:00 pm

Value

₹20,000

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Progress

Issue29-May-2025, 3:16 pm
Technical06-Sep-2025, 11:34 am
Financial
Award04-Dec-2025, 3:39 am

Uttar Pradesh Cooperative Federation Limited announces a tender for Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/Burglary Cover; Optional in LUCKNOW, UTTAR PRADESH. Quantity: 1. Submission Deadline: 12-06-2025 18: 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
09-06-2025 17:04:52
2
INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA
09-06-2025 15:12:59
3
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
09-06-2025 10:28:36

Financial Results

Rank Seller Price Item
L1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/
L2
IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/
L3
RELIANCE GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/

Contract / Result Documents 1

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Tender Data

Bid Details

Quantity

1

Bid Type

Two Packet Bid

Bid Validity

180 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Requirements

Experience Required

3 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Assets Insurance Service - 60619661; Standard Fire & Special Perils Cover, Earthquake Cover, Theft/Burglary Cover; Optional

Authority Records

COOPERATION DEPARTMENTUTTAR PRADESH COOPERATIVE FEDERATION LIMITED

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Documents 6

GeM-Bidding-7894598.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

2 Updates
#1

Update

09-Jun-2025

Extended Deadline

12-Jun-2025, 12:30 pm

Opening Date

12-Jun-2025, 1:00 pm

#2

Update

09-Jun-2025

Extended Deadline

10-Jun-2025, 4:30 am

Opening Date

10-Jun-2025, 5:00 am

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC)

5

Additional Doc 2 (Requested in ATC)

6

Additional Doc 3 (Requested in ATC)

7

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

8

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

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

What are the qualification requirements for the Assets Insurance Service tender?

The qualification requirements include being a registered legal entity within India and demonstrating prior experience in providing comprehensive insurance services. Bidders must have the necessary licenses and certifications to operate as an insurance provider and a proven track record in offering policies relevant to fire, earthquake, theft, and burglary coverage.

What type of certificates are required for submission in this tender?

For submissions, bidders must include valid certificates that showcase their eligibility and expertise in the insurance domain. This may include professional certifications, proof of corporate registration, and any specialized licenses relevant to the insurance service being offered.

How can bidders register for the GEM/2025/B/6279824 tender?

The registration process typically involves creating an account on the designated e-tendering platform, where bidders must complete their profiles and submit necessary documentation pertaining to their qualifications and proposals. Detailed guidelines for registration will be provided in the tender documentation.

What are the technical specifications and compliance requirements outlined in the tender?

Bidders are required to submit proposals that meet specific technical specifications, including the provision of standard fire, special perils, earthquake, and theft/burglary insurance covers. Compliance with applicable regulations and standards in the insurance industry is mandatory, and all submissions must reflect the bidder's capability to meet these requirements.

What are the benefits for MSEs in this tender?

The benefits for Micro, Small, and Medium Enterprises (MSEs) may include special pricing, preferential evaluation criteria, or additional support initiatives aimed at fostering equal opportunities in the bidding process. Additionally, provisions may be available to adhere to 'Make in India' policies, encouraging local entrepreneurs to participate in the tendering process.