PAKISTAN STEEL

ENGINEERING CONTRACTS DEPARTMENT

Tele No. 021 – 34750271-2  /  Fax No. 99264221 – 34750156

 

No.CON/C/GLI/M&EO/2070/2017/                                                                                                                     Dated:- 10.08.2017

Contact person:-

Civil  Section Concerned

021-99264133, 989264222, 34750271-72 Ext._(4632)

 

CONTRACT NO. ( 17-C-2070)

 

 

BIDS EVALUATION REPORT

 

Subject:- PREMIUM RATE FOR  GROUP LIFE INSURANCE COVERAGE FOR MANAGEMENT & EXECUTIVE OFFICERS OF PAKISTAN STEEL FOR THE PERIOD (ONE YEAR)  2017-2018

 

            A meeting of technical evaluation committee was held on  04.07.2017  to evaluate the bid in the light of bid criteria as per tender documents and the evaluation committee given their recommendation / results on the tender opened on  04.07.2017  are  as under :-

 

Date of original advertisement                                        _11.06.2017_

                        Nos. of bids received                                               _03  (Three)__

                        Nos. of bids cleared by evaluation committee    _03 (Three)_

                       Nos. of bids disqualified                                          _N I L _

                        Commercial offers opened on                                        11.07.2017

 

Commercial status:-

 

S.#

Name of Firms

Offered Premium Rate per Thousand per Annum

Quoted

Evaluated

01

M/s. State Life Insurance Corp. of Pakistan

Rs. 5.85

Rs. 5.85

02.

M/s. EFU Life Assurance Ltd

Rs.6.123

Rs. 6.123

03.

M/s. Postal Life Insurance 

Rs. 7.19

Rs. 7.19

 

 

02.          In the above result of bidding M/s. State Life Insurance Corporation of Pakistan stood 1st lowest.

 

03.          The evaluation repot may please be referred to DCE/Incharge (ISMD) for posting on website of Pakistan Steel.

 

 

                                                                                                                                                ( M. ZAHID PERVEZ )

                                                                                                                                          SECTION HEAD (CIVIL) ECD

 

ADCE/INCHARGE (E.C.D)

 

 

 

               

DCE/Incharge (ISMD)