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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | L1₹5.6 CrAdmitted-Finance 4TH FLOOR SURYA TOWER 108 THE MALL LUDHIANA LUDHIANA PUNJAB 141001 | LUDHIANA | PUNJAB | 141001 | L1 | Admitted-Finance | |
| 2 | L2₹6.2 Cr+₹55.5 L (9.89%)Admitted-Finance | L2 | Admitted-Finance | |
| 3 | L3₹7.3 Cr+₹1.6 Cr (29.3%)Admitted-Finance 2ND FLOOR ROSY TOWER NO 7 NUNGAMBAKKAM HIGH ROAD CHENNAI 600 017 | CHENNAI | CHENNAI | TAMIL NADU | 600017 | L3 | Admitted-Finance | |
| 4 | L4₹7.9 Cr+₹2.3 Cr (41.5%)Admitted-Finance 4TH FLOOR SOUTH WING RELIANCE CENTRE OFF WESTERN EXPRESS HIGHWAY SANTACRUZ EAST MUMBAI MAHARASHTRA 400055 | MUMBAI SUBURBAN | MAHARASHTRA | 400055 | L4 | Admitted-Finance | |
| 5 | Rejected-Technical 15TH FLOOR PENINSULA BUSINESS PARK G K MARG LOWER PAREL LOWER PAREL MUMBAI MAHARASHTRA 400013 | MUMBAI | MAHARASHTRA | 400013 | - | Rejected-Technical TC Not recommended the offer |
| Sl No | Description | Qty | Unit | Reliance General Insurance Company limited L4 | ICICI Lombard GIC Ltd. L2 | THE ORIENTAL INSURANCE CO LTD L3 | THE NEW INDIA ASSURANCE CO LTD L1 |
|---|---|---|---|---|---|---|---|
| 1.00Port Assets | |||||||
| 1.01 | . (i) Standard Fire & Spl Peril including Earth quake STFI, TSUNAMI Etc | 1 | Nos | 2,65,116 ₹2,65,116 | 1,87,043 ₹1,87,043 | 2,03,400 ₹2,03,400 | 1,56,462 ₹1,56,462 Lowest |
| 1.02 | B(i) Port Package
(i) Material Damage | 1 | Nos | 5,43,56,123 ₹5,43,56,123 | 3,24,47,244 ₹3,24,47,244 Lowest | 5,24,66,085 ₹5,24,66,085 | 4,05,92,716 ₹4,05,92,716 |
| 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 | 35,61,289 ₹35,61,289 | 1,33,30,166 ₹1,33,30,166 | 39,20,072 ₹39,20,072 | 30,32,938 ₹30,32,938 Lowest |
| 1.04 | B(iii) Denial of access within the immediate Vicinity* of the Port / Terminals. | 1 | Nos | 5,00,000 ₹5,00,000 Lowest | 11,00,000 ₹11,00,000 | - | - |
| 1.05 | B(iv) Wreck Removal | 1 | Nos | 32,04,320 ₹32,04,320 | 54,35,798 ₹54,35,798 | 23,14,319 ₹23,14,319 | 17,90,576 ₹17,90,576 Lowest |
| 1.06 | B(v) Public Liabilities | 1 | Nos | 1,28,17,281 ₹1,28,17,281 | 66,43,796 ₹66,43,796 Lowest | 92,57,277 ₹92,57,277 | 71,62,303 ₹71,62,303 |
| 1.07 | C. Marine Hull Policies | 1 | Nos | 28,52,500 ₹28,52,500 | 8,35,375 ₹8,35,375 Lowest | 22,83,073 ₹22,83,073 | 17,66,401 ₹17,66,401 |
| 1.08 | D. Electronic Equipment Insurance
Section-1 Material Damage
Section-3 Increased Cost of
Working | 1 | Nos | 1,44,375 ₹1,44,375 Lowest | 3,31,455 ₹3,31,455 | 5,25,525 ₹5,25,525 | 4,04,250 ₹4,04,250 |
| 1.09 | E. STAND ALONE TERRORISM
POLICY
( Sum Ins:
Assets within port operational area
: Rs.2,587.63 Cr
Business Interruption: Rs.729.30 Cr | 1 | Nos | 11,27,280 ₹11,27,280 | 12,00,000 ₹12,00,000 | 13,20,921 ₹13,20,921 | 10,21,990 ₹10,21,990 Lowest |
Tender Value
Refer Docs
Closing Date
3 Sept 2026, 3:00 pmClosed
FA AND CAO
FINANCE DEPARTMENT 2ND FLOOR AOB BUILDING VISAKHAPATNAM PORT AUTHORITY
Notice Inviting Tenders from Public and Private Sector Insurance Companies for Insurance of Port Assets
2026_VPT_287694_1
FA/BNB/INS/ASSETS/26-27
Open Tender
Miscellaneous Services
Item Rate
365 days
VISAKHAPATNAM PORT AUTHORITY
Please refer Tender documents.
2 documents required · 2 mandatory
₹0
Exempted
VISAKHAPATNAM PORT AUTHORITY
9 Sept 2026
14 Aug 2026
4 Sept 2026
14 Aug 2026
3 Sept 2026
14 Aug 2026
24 Aug 2026
| Sl No | Description | Qty | Unit | Est. Rate | Est. Amount |
|---|---|---|---|---|---|
| 1Port Assets | |||||
| 1.01 | . (i) Standard Fire & Spl Peril including Earth quake STFI, TSUNAMI Etc | - | Nos | - | - |
| 1.02 | B(i) Port Package
(i) Material Damage | - | Nos | 100 | - |
| 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) | - | Nos | 10 | - |
| 1.04 | B(iii) Denial of access within the immediate Vicinity* of the Port / Terminals. | - | Nos | 10 | - |
| 1.05 | B(iv) Wreck Removal | - | Nos | 10 | - |
| 1.06 | B(v) Public Liabilities | - | Nos | 10 | - |
| 1.07 | C. Marine Hull Policies | - | Nos | 10 | - |
| 1.08 | D. Electronic Equipment Insurance
Section-1 Material Damage
Section-3 Increased Cost of
Working | - | Nos | 10 | - |
| 1.09 | E. STAND ALONE TERRORISM
POLICY
( Sum Ins:
Assets within port operational area
: Rs.2,587.63 Cr
Business Interruption: Rs.729.30 Cr | - | Nos | 10 | - |
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