GeM

AOC

Services

Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Opti

SERVICE

Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Optional

Ai Engineering Services Limited

Mumbai Suburban, Maharashtra

Amount: ₹43.5 LCloses: 16 May 2026Closed

Timeline

Published6 May 2026
Closed16 May 2026
Technical Evaluation21 May 2026
Financial Evaluation21 May 2026
Awarded27 May 2026

Bids

4 Bids27 May 2026

#	Company	Amount	Rank	Status
1	NATIONAL INSURANCE COMPANY LIMITED L1₹43.5 LQualified 3 MIDDLETON STREET MAIDAN METRO STATION KOLKATA WEST BENGAL 700071 \| KOLKATA \| WEST BENGAL \| 700071	₹43.5 L Quoted ₹36.9 L	L1	Qualified
2	THE ORIENTAL INSURANCE COMPANY LIMITED L2₹42.1 L+₹5.3 L (14.2%)Qualified 2ND FLOOR ROSY TOWER NO 7 NUNGAMBAKKAM HIGH ROAD CHENNAI 600 017 \| CHENNAI \| CHENNAI \| TAMIL NADU \| 600017	₹42.1 L+₹5.3 L (14.2%)	L2	Qualified
3	THE NEW INDIA ASSURANCE COMPANY LIMITED L3₹1.3 Cr+₹97.7 L (264.9%)Qualified 4TH FLOOR SURYA TOWER 108 THE MALL LUDHIANA LUDHIANA PUNJAB 141001 \| LUDHIANA \| PUNJAB \| 141001	₹1.3 Cr+₹97.7 L (264.9%)	L3	Qualified
4	TATA AIG GENERAL INSURANCE COMPANY LIMITED L4₹3.8 Cr+₹3.4 Cr (921.4%)Qualified 15TH FLOOR PENINSULA BUSINESS PARK G K MARG LOWER PAREL LOWER PAREL MUMBAI MAHARASHTRA 400013 \| MUMBAI \| MAHARASHTRA \| 400013	₹3.8 Cr+₹3.4 Cr (921.4%)	L4	Qualified

Corrigenda

Corrigendum

3 updatesLatest on 14 May 2026Submission Ends:21 May 2026

Date changes

Submission Ends21 May 2026Bid Opening21 May 2026

Tender Value

₹43.5 L

EMD Value

₹2 L

Closing Date

16 May 2026, 3:00 pmClosed

Work Description

Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Optional

Assets Insurance Service - Fire Insurance Policy for All other Facilities; As per the attached ATC document; Optional

Assets Insurance Service - Fire plus Engg Policy for Nagpur; As per the attached ATC document; Optional

Assets Insurance Service - Fire plus Engg Policy for All other Facilities; As per the attached ATC document; Optional

Motor Insurance Service - As per the attached ATC document; As per the attached ATC document

Marine and Transit Insurance Service - As per the attached ATC document; Land

Sea

Air

Liability Insurance Service - Workmen Compensation Policy

Liability Insurance Service - Director and Officer liability coverage

Assets Insurance Service - Terrorism Insurance; As per the attached ATC document; Optional

Overseas Travel and Medical Insurance Service - As per the attached ATC document

Group Personal Accident Insurance Service - As per the attached ATC document; As per the attached ATC document

Tender Information

Tender ID

9296282

Reference Number

GEM/2026/B/7510180

Tender Type

Two Packet Bid

Product Category

Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Opti

Form of Contract

GeM Contract

Location

Mumbai Suburban, Maharashtra

Evaluation Method

Total value wise evaluation

Bid Type

SERVICE

Source Website

Subscribe to view

Awarded Items

GEMC-511687736380147

Awarded to NATIONAL INSURANCE COMPANY LIMITED

₹43.5 L

Services

Service	Profile / Skill	Billing	Quantity	Unit Charge	Amount
Assets Insurance Service	-	yearly	Project/Lumpsum Based	466609	466609
Assets Insurance Service	-	yearly	Project/Lumpsum Based	661141	661141
Assets Insurance Service	-	yearly	Project/Lumpsum Based	290075	290075
Assets Insurance Service	-	yearly	Project/Lumpsum Based	203509	203509
Motor Insurance Service	-	yearly	Project/Lumpsum Based	461262	461262
Marine and Transit Insurance Service	-	yearly	Project/Lumpsum Based	59000	59000
Liability Insurance Service	-	yearly	Project/Lumpsum Based	305829	305829
Liability Insurance Service	-	yearly	Project/Lumpsum Based	123900	123900
Assets Insurance Service	-	yearly	Project/Lumpsum Based	265500	265500
Overseas Travel and Medical Insurance Service	-	yearly	Project/Lumpsum Based	3186	3186
Overseas Travel and Medical Insurance Service	-	yearly	Project/Lumpsum Based	2832	2832
Group Personal Accident Insurance Service	-	yearly	Project/Lumpsum Based	1509031	1509031

Documents Required

7 documents required · 7 mandatory

RequiredExperience Criteria

RequiredBidder Turnover

RequiredCertificate (Requested in ATC)

RequiredAdditional Doc 1 (Requested in ATC)

RequiredAdditional Doc 2 (Requested in ATC)

RequiredAdditional Doc 3 (Requested in ATC)

RequiredAdditional Doc 4 (Requested in ATC)

Purchase Preferences

MII Purchase Preference

Items & Quantities

Item	Delivery Location	Qty	Delivery
Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Optional	-	-	-
Assets Insurance Service - Fire Insurance Policy for All other Facilities; As per the attached ATC document; Optional	-	-	-
Assets Insurance Service - Fire plus Engg Policy for Nagpur; As per the attached ATC document; Optional	-	-	-
Assets Insurance Service - Fire plus Engg Policy for All other Facilities; As per the attached ATC document; Optional	-	-	-
Motor Insurance Service - As per the attached ATC document; As per the attached ATC document	-	-	-
Marine and Transit Insurance Service - As per the attached ATC document; Land	-	-	-
Sea	-	-	-
Air	-	-	-
Liability Insurance Service - Workmen Compensation Policy	-	-	-
Liability Insurance Service - Director and Officer liability coverage	-	-	-
Assets Insurance Service - Terrorism Insurance; As per the attached ATC document; Optional	-	-	-
Overseas Travel and Medical Insurance Service - As per the attached ATC document	-	-	-
Group Personal Accident Insurance Service - As per the attached ATC document; As per the attached ATC document	-	-	-

Total: 1

Beneficiary

AI ENGINEERING SERVICES LIMITED, MATERIALS MANAGEMENT DIVISION OLD AIRPORT, SANTACRUZ (EAST), MUMBAI – 400 029, (Ai Engineering Services Limited)

Fee & Financial Details

EMD Fee Amount

₹2 L

Important Dates

Last Activity

27 May 2026

Published

6 May 2026

Bid Opening

16 May 2026

Stage Documents

Award of Contract

contract_GEMC-511687736380147.pdf

GEM_CONTRACT • 0.15 MB

Documents

Tap a document below to read it instantly. You can also download everything as a ZIP if you prefer.

Tender Documents

bid_9296282.pdf

GEM_BID • 0.21 MB

Additional Documents

1778069057.xlsx

GEM_OTHER • 0.01 MB

1778069841.pdf

GEM_OTHER • 0.48 MB

1778069850.pdf

GEM_OTHER • 0.48 MB

ATC_91333ff1-d214-4bbe-bc741778069697611_sd.shende.pdf

GEM_OTHER • 0.48 MB

gtc.pdf

GEM_OTHER • 0.71 MB

Corrigendum Documents

corrigendum_4238448.pdf

PDF • 0.04 MB

Ready to Participate?

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Company

NATIONAL INSURANCE COMPANY LIMITED

L1₹43.5 LQualified

3 MIDDLETON STREET MAIDAN METRO STATION KOLKATA WEST BENGAL 700071 | KOLKATA | WEST BENGAL | 700071

THE ORIENTAL INSURANCE COMPANY LIMITED

L2₹42.1 L+₹5.3 L (14.2%)Qualified

2ND FLOOR ROSY TOWER NO 7 NUNGAMBAKKAM HIGH ROAD CHENNAI 600 017 | CHENNAI | CHENNAI | TAMIL NADU | 600017

THE NEW INDIA ASSURANCE COMPANY LIMITED

L3₹1.3 Cr+₹97.7 L (264.9%)Qualified

4TH FLOOR SURYA TOWER 108 THE MALL LUDHIANA LUDHIANA PUNJAB 141001 | LUDHIANA | PUNJAB | 141001

TATA AIG GENERAL INSURANCE COMPANY LIMITED

L4₹3.8 Cr+₹3.4 Cr (921.4%)Qualified

15TH FLOOR PENINSULA BUSINESS PARK G K MARG LOWER PAREL LOWER PAREL MUMBAI MAHARASHTRA 400013 | MUMBAI | MAHARASHTRA | 400013

Service

Profile / Skill

Billing

Quantity

Unit Charge

Amount

Assets Insurance Service

yearly

Project/Lumpsum Based

466609

Assets Insurance Service

yearly

Project/Lumpsum Based

661141

Assets Insurance Service

yearly

Project/Lumpsum Based

290075

Assets Insurance Service

yearly

Project/Lumpsum Based

203509

Motor Insurance Service

yearly

Project/Lumpsum Based

461262

Marine and Transit Insurance Service

yearly

Project/Lumpsum Based

59000

Liability Insurance Service

yearly

Project/Lumpsum Based

305829

Liability Insurance Service

yearly

Project/Lumpsum Based

123900

Assets Insurance Service

yearly

Project/Lumpsum Based

265500

Overseas Travel and Medical Insurance Service

yearly

Project/Lumpsum Based

3186

Overseas Travel and Medical Insurance Service

yearly

Project/Lumpsum Based

2832

Group Personal Accident Insurance Service

yearly

Project/Lumpsum Based

1509031

Item

Delivery Location

Qty

Delivery

Assets Insurance Service - Fire Insurance Policy for Nagpur; As per the attached ATC document; Optional

Assets Insurance Service - Fire Insurance Policy for All other Facilities; As per the attached ATC document; Optional

Assets Insurance Service - Fire plus Engg Policy for Nagpur; As per the attached ATC document; Optional

Assets Insurance Service - Fire plus Engg Policy for All other Facilities; As per the attached ATC document; Optional

Motor Insurance Service - As per the attached ATC document; As per the attached ATC document

Marine and Transit Insurance Service - As per the attached ATC document; Land

Sea

Air

Liability Insurance Service - Workmen Compensation Policy

Liability Insurance Service - Director and Officer liability coverage

Assets Insurance Service - Terrorism Insurance; As per the attached ATC document; Optional

Overseas Travel and Medical Insurance Service - As per the attached ATC document

Group Personal Accident Insurance Service - As per the attached ATC document; As per the attached ATC document