| Tender number | RBI/Central Office/Premises Department/8/19-20/ET/454 |
| Date of publication of NIT | Apr 29, 2020 (Wednesday) |
| Nature of work | Insurance of Property & other assets of Reserve Bank of India for the period of nine months from July 1, 2020 to March 31, 2021 |
| Mode of tender enquiry | Open Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | May 28, 2020 by 3.00 PM (Thursday) |
| Number of tenders received | 9 (Nine) |
| Nos. and names of parties qualified after technical evaluation | 9 (Nine)
1. M/s National Insurance Company Ltd
2. M/s Bajaj Allianz General Insurance Company Ltd
3. M/s ICICI Lombard General Insurance Company Ltd
4. M/s Reliance General Insurance Company Ltd
5. M/s Tata AIG General Insurance Company Ltd
6. M/s Cholamandalam Ms General Insurance Company Ltd
7. M/s United India Insurance Company Ltd
8. M/s Iffco Tokio General Insurance Company Ltd
9. M/s HDFC Ergo General Insurance Company Ltd |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | |
| Final Ranking, if any | |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | Ref. No. Prem.No.PBC 2206/71.03.010/2019-20 Dt Jun 22, 2020 |
| Name of contractor | M/s National Insurance Company Ltd |
| Value of contract | ₹ 3,38,34,914/- (Rupees Three crore thirty eight lacs thirty four thousand nine hundred fourteen only) (Inclusive of GST) |
| Scheduled date of completion of supplies | NA |
| Actual date of start of work | Jul 01, 2020 |
| Actual date of completion of work | Mar 31, 2021 |
| Reasons for delay, if any | NA |
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