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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | L1₹8.7 CrAdmitted-Finance 4TH FLOOR SURYA TOWER 108 THE MALL LUDHIANA LUDHIANA PUNJAB 141001 | LUDHIANA | PUNJAB | 141001 | ₹8.7 Cr | L1 | Admitted-Finance |
| 2 | L2₹9.3 Cr+₹58.6 L (6.70%)Admitted-Finance 19 4TH LANE UTHAMAR GANDHI SALAI NALANDA NUNGAMBAKKAM HIGH ROAD NUNGAMBAKKAM CHENNAI TAMIL NADU 600034 | CHENNAI | TAMIL NADU | 600034 | ₹9.3 Cr+₹58.6 L (6.70%) | L2 | Admitted-Finance |
| 3 | L3₹10.0 Cr+₹1.3 Cr (14.5%)Admitted-Finance 3 MIDDLETON STREET MAIDAN METRO STATION KOLKATA WEST BENGAL 700071 | KOLKATA | WEST BENGAL | 700071 | ₹10.0 Cr+₹1.3 Cr (14.5%) | L3 | Admitted-Finance |
| 4 | L4₹10.1 Cr+₹1.4 Cr (15.5%)Admitted-Finance 2ND FLOOR ROSY TOWER NO 7 NUNGAMBAKKAM HIGH ROAD CHENNAI 600 017 | CHENNAI | CHENNAI | TAMIL NADU | 600017 | ₹10.1 Cr+₹1.4 Cr (15.5%) | L4 | Admitted-Finance |
| Sl No | Description | Qty | Unit | UNITED INDIA INSURANCE COMPANY LIMITED L2 | THE NEW INDIA ASSURANCE CO LTD L1 | NATIONAL INSURANCE COMPANY LIMITED L3 | THE ORIENTAL INSURANCE CO LTD L4 |
|---|---|---|---|---|---|---|---|
| 1.00Port Assets | |||||||
| 1.01 | A. (i) Standard Fire & Spl Peril including Earth quake STFI, TSUNAMI Etc | 1 | Nos | 4,20,476 ₹4,20,476 Lowest | 4,20,476 ₹4,20,476 Lowest | 4,20,477 ₹4,20,477 | 4,20,476 ₹4,20,476 Lowest |
| 1.02 | B(i) Port Package
(i) Material Damage | 1 | Nos | 4,82,18,146.88 ₹4,82,18,146.88 | 4,54,72,459 ₹4,54,72,459 Lowest | 4,97,41,479.09 ₹4,97,41,479.09 | 5,07,56,611.3 ₹5,07,56,611.3 |
| 1.03 | B(ii) Business Interruption (including due to channel / waterways blockage and blockage of any land access within
immediate vicinity of the port / terminal / any other external
causes) | 1 | Nos | 1,98,09,260.14 ₹1,98,09,260.14 | 1,86,81,260 ₹1,86,81,260 Lowest | 2,17,39,451.97 ₹2,17,39,451.97 | 2,21,83,114.12 ₹2,21,83,114.12 |
| 1.04 | B(iii) Denial of Access /Denial of access within the immediate Vicinity* of the Port / Terminals. | 1 | Nos | - | - | - | - |
| 1.05 | B(iv) Wreck Removal | 1 | Nos | 80,77,907.8 ₹80,77,907.8 | 76,17,927 ₹76,17,927 Lowest | 88,65,007.91 ₹88,65,007.91 | 90,45,875.71 ₹90,45,875.71 |
| 1.06 | B(v) Other Liabilities | 1 | Nos | 98,72,995.93 ₹98,72,995.93 | 93,10,798 ₹93,10,798 Lowest | 1,08,35,010.16 ₹1,08,35,010.16 | 1,10,56,045.2 ₹1,10,56,045.2 |
| 1.07 | C. Marine Hull Policies | 1 | Nos | 44,21,016.1 ₹44,21,016.1 | 36,68,428 ₹36,68,428 Lowest | 58,80,338.14 ₹58,80,338.14 | 49,07,456.78 ₹49,07,456.78 |
| 1.08 | D. Electronic Equipment Insurance
Section-1 Material Damage
Section-3 Increased Cost of
Working | 1 | Nos | 5,86,575 ₹5,86,575 | 5,43,125 ₹5,43,125 Lowest | 6,51,750 ₹6,51,750 | 6,46,318.75 ₹6,46,318.75 |
| 1.09 | E. STAND ALONE TERRORISM
POLICY
( Sum Ins:
Assets within port operational area
: Rs.2,425.37 Cr
Business Interruption: Rs.758.74 Cr | 1 | Nos | 14,12,429.38 ₹14,12,429.38 | 13,18,682 ₹13,18,682 Lowest | 14,42,480.22 ₹14,42,480.22 | 14,68,926.55 ₹14,68,926.55 |
Tender Value
Refer Docs
Closing Date
5 Sept 2025, 2:00 pmClosed
FA AND CAO
ISAKHAPATNAM PORT AUTHORITY AOB BUILDING 2ND FLOOR FINANCE DEPARTMENT IN THE CHAMBERS OF FAAND CAO
Notice Inviting Tenders from Public Sector Insurance Companies for Insurance of Port Assets
2025_VPT_245972_1
FA/BNB/INS/ASSETS/ 25-26
Open Tender
Miscellaneous Services
Works
365 days
VISAKHAPATNAM PORT AUTHORITY
Please refer Tender documents.
2 documents required · 2 mandatory
₹0
Exempted
VISAKHAPATNAM PORT AUTHORITY AOB BUILDING
6 Sept 2025
21 Aug 2025
6 Sept 2025
21 Aug 2025
5 Sept 2025
21 Aug 2025
25 Aug 2025
Amount
Port Assets
A. (i) Standard Fire & Spl Peril including Earth quake STFI, TSUNAMI Etc
B(i) Port Package (i) Material Damage
B(ii) Business Interruption (including due to channel / waterways blockage and blockage of any land access within immediate vicinity of the port / terminal / any other external causes)
B(iii) Denial of Access /Denial of access within the immediate Vicinity* of the Port / Terminals.
B(iv) Wreck Removal
B(v) Other Liabilities
C. Marine Hull Policies
D. Electronic Equipment Insurance Section-1 Material Damage Section-3 Increased Cost of Working
E. STAND ALONE TERRORISM POLICY ( Sum Ins: Assets within port operational area : Rs.2,425.37 Cr Business Interruption: Rs.758.74 Cr
F. FIDELITY GUARANTEE POLICY
G. DIRECTORS & OFFICERS LIABILITY POLICY
UNITED INDIA INSURANCE COMPANY LIMITED (BID ID -894709)
NATIONAL INSURANCE COMPANY LIMITED (BID ID -896271)
THE ORIENTAL INSURANCE CO LTD (BID ID -895474)
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