PAKISTAN STEEL

ENGINEERING CONTRACTS DEPARTMENT

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

 

No.CON/C/GLI/Workers/2078/2018/                                                                                                                                                                                                                                                                    Dated:- 14.06.2018

Contact person:-

Civil  Section Concerned

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

 

CONTRACT NO. ( 18-C-2078)

 

 

BIDS EVALUATION REPORT

 

Subject:-GROUP LIFE INSURANCE COVERAGE TO PAKISTAN STEEL EMPLOYEES FOR EACH CATEGORY SUCH AS REGULAR WORKERS, DAILY WAGES / CONTRACT EMPLOYEES & LOANEE EMPLOYEES FOR THE PERIOD 2018 – 2019.

 

 

            A meeting of technical evaluation committee was held on  24.04.2018 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  18.04.2018  are  as under :-

 

Date of original advertisement on website          02.04.2018

                        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                               30.04.2018

 

Commercial status:-

 

 

S.#

 

NAME OF INSURANCE CO.

Offered Premium rate per thousand per annum in percentage

 

Regular Workers Rate

 

 

Amount Rs.

 

Daily wages workers / Contract employees  Rate.

 

Amount Rs.

 

Loanee Employees Rate

 

Amount Rs.

01

M/s. Postal Life Insurance

5.32‰

1,23,78,576/-

2.80‰

2,19,240/-/-

8.10‰

46,610/-

02

M/s. EFU Life Assurance Ltd.

6.342‰

1,50,17,211/-

4.815‰

3,91,500/-

35‰

1,87,439/-

03

M/s. Sate Life Insurance

6.46‰

1,50,31,128/-

1.55‰

1,21,365/-

2.25‰

12,947/-

 

In the above result M/s. Postal Life Insurance stood 1st Lowest in category of (Regular Workers) and M/s. State Life Insurance Corp. stood 1st Lowest in the category  (Daily Wages workers / Contract Employees & Loanee Employees)

 

                                                                                                                                                                                                                                                                                   ( MAHMOOD MIRZA )

                                                                                                                                                                                                                                                                                       D.M. (CIVIL) ECD

 

SE/INCHARGE (E.C.D) The same may be posted on websites of Pakistan Steel.

 

 

                                                                                                                                                                                                                      (ENGR. Madan Lal  )

                                                                                                                                                          SE/Incharge  (ECD)

DCE/Incharge (ISMD)