(NIT No. RBI/Central Office/HRMD/38/18-19/ET/342) A. S.No. 1 and 4 in Table under Section II Clause 10 on Evaluation of the Bids on page 7 of the RFP stands modified as below: | S.No. in original table | Original | Modified | | 1. | Number of Years Since License given by IRDA as on 31-3-2019 | Number of Years Since License for General Insurance Business given by IRDA as on 31-3-2019 | | 2. | Number of Motor Insurance policies being serviced during Financial Year (April 2018- Mar 2019) –In crores | Criterion | points | | Upto Rs.1000 cr | 5 | | Rs 1001 cr -2000 cr | 10 | | Rs 2001 cr- 3000 cr | 15 | | Above Rs 3000 | 20 | | Number of Motor Insurance policies being serviced during Financial Year (April 2018- Mar 2019). | Criterion | points | | Upto 10 Lakhs | 5 | | 10 Lakhs- 30 lakhs | 10 | | 30 Lakhs- 50 Lakhs | 15 | | Above 50 lakhs | 20 | | B. S.No. C in Annexure 2 is modified as under: | Original | Modified | 30 Marks for Mandatory Add-On Cover Rates for the following with terms & conditions, excess / deductible and policy wordings:
(i) Nil Depreciation Cover (quote in %)
(ii) Return to Invoice Cover (quote in %)
(iii) No Claim Bonus Cover (quote in %)
(iv) Consumables Cover (quote in %)
(v) Engine protect (quote in %)
(vi) Tyre cover (quote in %)
(vii) Daily Allowance (quote in rupees)1
(viii) Key protect (quote in rupees)2
(ix) Personal belongings (quote in rupees)3
(x) Emergency Assistance & Transportation (quote in rupees)4
(xi) Road Side Assistance (quote in rupees)5 | Mandatory Add-On Cover Rates for the following with terms & conditions, excess / deductible and policy wordings:
(i) Nil Depreciation Cover (quote in %)
(ii) Return to Invoice Cover (quote in %)
(iii) No Claim Bonus Cover (quote in %)
(iv) Consumables Cover (quote in %)
(v) Engine protect (quote in %)
(vi) Tyre cover (quote in %)
15 marks for (i) to (iv)
(vii) Daily Allowance (quote in rupees)1
(viii) Key protect (quote in rupees)2
(ix) Personal belongings (quote in rupees)3
(x) Emergency Assistance & Transportation (quote in rupees)4
(xi) Road Side Assistance (quote in rupees)5
15 marks for (vii) to (xi) | C. Section II Clause 12 is modified as under: | Original | Modified | | c. Commercial bid score: 50 x (Item A in Commercial Bid) / (max of item A Bids) | c. Commercial bid score: 50% of the Score obtained in Financial bid valuation (Annexure 2 Valuation) | D. S.No. 1 in Annexure 1 is modified as under: | Original | Modified | | Number of years since license was obtained from IRDAI | Number of years since license for General Insurance Business was obtained from IRDAI. | E. Contact Details of Aditya Birla Insurance Brokers Limited: 1. Rakesh Mukherjee, Mob: 7045532510,
Mail id: rakesh.mukherjee@adityabirlacapital.com 2. Divya Nigam, Mob: 7738559761
Mail id: divya.nigam@adityabirlacapital.com | |