ENGINEERING CONTRACTS DEPARTMENT
Tele No. 021 – 34750271-2 / Fax No. 99264221 –
34750156
No.CON/C/GLI/M&E/2095/2019/ Dated:-30.01.2019
Contact
person:-
Head of
Section Concerned ENGR. RAMESH
KUMAR
021-99264133,
989264222, 34750271-72 Ext._(4632)
CONTRACT NO. ( 18-C-2095)
BIDS EVALUATION REPORT
SUBJECT:- PREMIUM
OF GROUP LIFE INSURANCE COVERAGE FOR MANAGEMENT & EXECUTIVE OFFICERS OF
A meeting of technical evaluation
committee was held on 01.11.2018 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 17.10.2018 are as
under :-
Date of original advertisement on
website _26.09.2018_
Nos. of bids
received
_03 (Three)__
Nos. of bids cleared by
evaluation committee _03 (Three)_
Nos. of bids disqualified _Nil_______
Commercial offers opened
on 28.11.2018
Commercial status:-
|
S.# |
NAME OF INSURANCE CO. |
Offered Premium rate per thousand
per annum in percentage |
||
|
Offered rate ‰ |
Total offered amount |
Position |
||
|
01 |
M/s. EFU
Life Assurance Ltd. |
6.40 |
Rs.6,783,360/- |
1st |
|
02 |
M/s. Postal
Life Insurance |
6.85 |
Rs.7,598,020/- |
2nd |
|
03 |
M/s. Sate
Life Insurance |
10.61 |
Rs.11,768,612/- |
3rd |
In
the above result of bidding M/s. EFU Life Assurance Ltd stood 1st
lowest.
(ENGR. RAMESH KUMAR)
XEN (Civil) ECD
INCHARGE (E.C.D) The same may be posted on websites of Pakistan Steel.
(Engr.Madan Lal)
SE
/ Incharge (ECD)
Incharge
(ISMD)