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)