| Tender number | RBI/Central Office/HRMD/56/20-21/ET/573 |
| Date of publication of NIT | Feb 18, 2021 |
| Nature of work | Group Motor Vehicle Insurance Policy for vehicles owned by employees of Reserve Bank of India for the year 2021-22 |
| Mode of tender enquiry | Online |
| Type of bidding (single/two bid system) | Two bid system |
| Last date of receipt of tender | Mar 14, 2021 |
| Number of tenders received | 4 (Four) |
| Nos. and names of parties qualified after technical evaluation | 4 (Four)
1) M/s Bajaj Allianz General Insurance Company Limited.
2) M/s TATA-AIG General Insurance Company Limited.
3) M/s New India Assurance General Insurance Company Limited.
4) M/s Cholamandalam MS General Insurance Company Limited. |
| Nos. and names of parties not qualified after technical evaluation | NIL
|
| Commercial Bid Ranking, if any | 1) M/s Bajaj Allianz General Insurance Company Limited.
2) M/s TATA-AIG General Insurance Company Limited. |
| Final Ranking, if any | M/s Bajaj Allianz General Insurance Company Limited (L1). |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD.No.S643/17.06.00/2020-21 dated Mar 19, 2021 |
| Name of contractor | M/s Bajaj Allianz General Insurance Company Limited. |
| Value of contract | ₹ 7,50,00,000/- |
| Scheduled date of completion of supplies | |
| Actual date of start of work | Apr 01, 2021 |
| Actual date of completion of work | Mar 31, 2022 |
| Reasons for delay, if any | |
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