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)