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GEM

Procurement Opportunity: Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte in BHOPAL, MADHYA PRADESH

Bid Publish Date

08-Sep-2025, 5:42 pm

Bid End Date

14-Oct-2025, 5:00 pm

Value

₹23,20,36,370

Location

BHOPAL , MADHYA PRADESH

Latest Corrigendum Available

Progress

RA
Issue08-Sep-2025, 5:42 pm
Reverse Auction09-Dec-2025, 11:00 am
Award28-Dec-2025, 1:21 am
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 5

INSURANCE SERVICE FINANCIAL ANALYSIS MACHINERY VALUER VALUATION

Nhdc Limited announces a tender for Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Interruption (Loss of Profit) Cover, MBD (Machinery breakdown) Cover, Terrorism Cover, Earthquake Cover, Third Party Coverage and Valuation of Assets as pe. . in BHOPAL, MADHYA PRADESH. Quantity: 1. Submission Deadline: 14-10-2025 17: 00: 00. Last date to apply is approaching fast!

Documents 5

GeM-Bidding-8282050.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

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Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC)

3

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

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

Corrigendum Updates

2 Updates
#1

Update

29-Sep-2025

Extended Deadline

14-Oct-2025, 5:00 pm

Opening Date

14-Oct-2025, 5:30 pm

#2

Update

08-Sep-2025

Extended Deadline

29-Sep-2025, 5:00 pm

Opening Date

29-Sep-2025, 5:30 pm

Reverse Auction Schedule

Completed

Start

09-Dec-2025, 11:00 am

End

10-Dec-2025, 11:00 am

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1BAJAJ GENERAL INSURANCE LIMITED   Under PMA14-10-2025 15:20:20Qualified
2GO DIGIT GENERAL INSURANCE LIMITED   Under PMA14-10-2025 16:38:46Qualified
3ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 16:29:49Qualified
4IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 16:28:27Qualified
5INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 16:53:06Qualified
6NATIONAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 15:01:51Qualified
7TATA AIG GENERAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 15:07:44Qualified
8THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA13-10-2025 17:33:55Qualified
9THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA14-10-2025 14:58:28Disqualified
10UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA14-10-2025 16:13:34Qualified

Financial Results

Rank Seller Price Item
L1THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA₹23,53,93,630Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L2NATIONAL INSURANCE COMPANY LIMITED   Under PMA₹24,75,56,670Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L3ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA₹27,78,85,860Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L4UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA₹28,24,77,700Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L5INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA₹28,30,62,340Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L6BAJAJ GENERAL INSURANCE LIMITED   Under PMA₹28,42,77,300Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L7IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED   Under PMA₹28,68,48,350Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L8TATA AIG GENERAL INSURANCE COMPANY LIMITED   Under PMA₹29,12,76,030Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte
L9GO DIGIT GENERAL INSURANCE LIMITED   Under PMA₹29,52,38,980Item Categories : Assets Insurance Service - Mega Risk Insurance; Standard Fire & Special Perils Cover, Business Inte

Contract / Result Documents 1

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