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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | 1₹1.3 CrAccepted-AOC 4TH FLOOR SURYA TOWER 108 THE MALL LUDHIANA LUDHIANA PUNJAB 141001 | LUDHIANA | PUNJAB | 141001 | ₹1.3 Cr | 1 | Accepted-AOC L1 bidder for both Parts A and B. |
| 2 | 2₹1.3 Cr+₹4.8 L (3.79%)Rejected-Finance 3 MIDDLETON STREET MAIDAN METRO STATION KOLKATA WEST BENGAL 700071 | KOLKATA | WEST BENGAL | 700071 | ₹1.3 Cr+₹4.8 L (3.79%) | 2 | Rejected-Finance L2 bidder for Part A. Not quoted for Part B |
| Sl No | Description | Qty | Unit | THE NEW INDIA ASSURANCE COMPANY LIMITED | National Insurance Company Limited |
|---|---|---|---|---|---|
| 1.00PART-A: Providing War & SRCC Risk coverage under Marine for one cargo of Crude Oil embarking to/from/through Red Sea Area | |||||
| 1.01 | War & SRCC Risk coverage under Marine for one cargo of Crude Oil embarking to/from/through Red Sea Area.
Total Sum Insured Value (Rs in Crores) - 750.00 Cr.
Bidder to Quote RATE In Figures per Rs.1,00,00,000 for Standard War & SRCC Risk as per Total Insurance Value
Bidder to also mention NCB rate in the column given
Total value of premium shall be arrived by multiplying rates quoted by the bidder with Sum insured value & after adjustment of rebate (if any) in the form of No Claim Bonus (NCB).
Evaluation of bids shall be done on Quoted value after adjustment of NCB offered by bidders. | 750 | Nos | 58,12,500 ₹58,12,500 Lowest | 1,31,25,000 ₹1,31,25,000 |
| 2.00PART-B: Providing War Cover Extension under Charterer’s Legal Liability (CLL) for one cargo of Crude Oil embarking to/from/through Red Sea Area | |||||
| 2.01 | Charterers Liability Policy: Combined single rate per crude voyage (smaller than VLCC) for Class A, Class B, Class C and Class FB.
Bidder to quoted total lumpsum premium amount (Exclusive of GST) | 1 | Nos | 10,20,728 ₹10,20,728 Lowest | - |
Tender Value
Refer Docs
Closing Date
20 Aug 2025, 3:00 pmClosed
DGM (Contracts)
AS PER LIT
PROVIDING WAR SRCC RISK COVERAGE UNDER MARINE FOR ONE CARGO OF CRUDE OIL EMBARKING TO FROM THROUGH RED SEA AREA AND PROVIDING WAR COVER EXTENSION UNDER CHARTERERS LEGAL LIABILITY FOR ONE CARGO OF CRUDE OIL EMBARKING TO FROM THROUGH RED SEA AREA
2025_REFHQ_186293_1
RHQCC25055
Limited
Other Services
Service
3 days
IOCL RHQ, NEW DELHI
Please refer Tender documents.
6 documents required · 6 mandatory
Exempted
26 Aug 2025
14 Aug 2025
21 Aug 2025
14 Aug 2025
20 Aug 2025
16 Aug 2025
PART-A: Providing War & SRCC Risk coverage under Marine for one cargo of Crude Oil embarking to/from/through Red Sea Area
War & SRCC Risk coverage under Marine for one cargo of Crude Oil embarking to/from/through Red Sea Area. Total Sum Insured Value (Rs in Crores) - 750.00 Cr. Bidder to Quote RATE In Figures per Rs.1,00,00,000 for Standard War & SRCC Risk as per Total Insurance Value Bidder to also mention NCB rate in the column given Total value of premium shall be arrived by multiplying rates quoted by the bidder with Sum insured value & after adjustment of rebate (if any) in the form of No Claim Bonus (NCB). Evaluation of bids shall be done on Quoted value after adjustment of NCB offered by bidders.
PART-B: Providing War Cover Extension under Charterer’s Legal Liability (CLL) for one cargo of Crude Oil embarking to/from/through Red Sea Area
Charterers Liability Policy: Combined single rate per crude voyage (smaller than VLCC) for Class A, Class B, Class C and Class FB. Bidder to quoted total lumpsum premium amount (Exclusive of GST)
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