Central Office, Nariman Point, Mumbai

CENTRAL OFFICE, NARIMAN POINT, MUMBAI – 400 021

Document Number CO: GAD: SFAP: EEIP: 2017-18:43

Date of Issue of Calling Quotes: 26.04.2017

Last date of Submission : 04.05.2017 UPTO 3.00 P.M

Date of Opening of Quotes : 04.05.2017 AT 3.30 P.M ------Central Bank of India, one of the large public sector banks invites quotes for the Standard Fire & Allied Perils Policy and Electronic Equipment Insurance Policy 2017-18 from General Insurance Companies approved by the IRDAI as per the following :-

A] STANDARD FIRE & ALLIED PERILS POLICY 2017-18 A Insured Name Central Bank of India

B Address for General Administration Department, Central office, 16th Floor, Communication Chandermukhi, Nariman Point – Mumbai – 400 021

All offices &/or work places of the Bank all over India including C Locations to be covered but not limited to – Central Office / Head Office/Corporate Office/Regional Offices / Zonal Offices / Branch Offices / Currency Chests / Extension Counters / Training Centres / Lead District Offices / Residential buildings / Flats / Guest Houses / Transit Homes etc + Proposed Offices during the currency of the policy

D Properties to be a) Premises / Building owned by the Bank including all types Covered of civil work, plinth and foundation, compound wall, renovation, alteration etc ; b) Content of every description including Fixed Assets viz. Furniture & Fixtures, Electrical Fittings, lifts, DG Sets, AC’s, office equipments, stationery, renovation and alteration at all offices of the Bank (owned or hired )

E Scope of Cover Standard Fire & Allied Perils including a) Earthquake including Fire & Shock b) Storm, Tempest, Flood & Inundation (STFI) cover

F Clauses to be attached a) Architect’s and Engineer’s Clause b) Removal of Debris c) Local Authority clause d) Designation of property clause e) Omission to Insured clause up to 1% of building and contents sum insured f) Escalation clause up to 5% of sum insured for building & contents g) Earthquake & STFI h) Reinstatement clause i) Goods held in Trust clause j) 72 hours clause k) On account Payment clause

G Sum Insured a) Premises/building/building including all civil works owned by the Bank : Rs 600.00 Crores b) Contents at all Branches / Offices : Rs 1400.00 Crores (owned or hired )

H Deductible Excess As per standard Fire policy

I Basis of claim The bank will not provide Fixed Asset register in the event of a settlement claim. In annexure I- A, the bank has given details of the exposure it has in various branches at different locations on PAN India basis. Claims to be settled on the basis of Annexure I-A.

Please note that no under insurance will be applicable in case of partial as well as total losses

J Period of Insurance 15/05/2017 to 14/05/2018

K Claim History Will be provided on demand

L Other terms and As per annexure II conditions

Annexure I-A

No of branches/Offices Fire & Allied policy – Amount in crores Branch /Offices as per classification Amount in Lacs. Classification Per branch / office RURAL BRANCH 1609 20.00 321.80 SEMIURBAN 1349 25.00 337.25 URBAN 846 30.00 253.80 METRO 910 35.00 318.50 R.O. 59 45.00 26.55 Z.O. 13 55.00 7.15 CBOTCS (2) 02 550.00 11.00 LEAD DISTS 51 51 10.00 5.10 C.O. ESTABLISHMENTS * 118.85 TOTAL 1400.00 * C.O. Establishment including C.O.at Chandermukhi - Bajaj Bhavan- , Fort, BKC, Mumbai CBD, Belapur, SPBT College, JVPD Mumbai & DRC at Hyderabad

The following terms & conditions would also be a part of the policy:

 Insurance company would also be required to enter into a Service level agreement with Central Bank of India which would capture the following conditions: . Pre agreed panel of surveyors . Time lines for surveys, survey report submission to be mentioned . Detailed clauses of this SLA would be shared post binding of policy. Other Servicing parameters would include: . Dedicated account management team from Insurer’s end . Account review to be done on regular basis with Central Bank of India . The Bank will not be Providing Asset register in the event of a claim

B] ELECTRONIC EQUIPMENT INSURANCE POLICY 2017-18

A Insured Name Central Bank of India

B Address for General Administration Department, Central office, 16th Floor, Communication Chandermukhi, Nariman Point – mumbai – 400 021

D Properties to be Cover Electronic Equipment viz. Computer nodes, Servers, Routers, Switches, UPS with batteries, Scanners, Printers, Note Counting, Note sorting machines and all other IT assets excluding ATMs. All the above equipments are covered under AMCs.

E Scope of Cover Electronic Equipment Insurance policy

F Sum Insured Electronic Equipment at all Branches / Offices : Rs 1000 Crore

G Deductible Excess As per standard Electronic Equipment policy

H Basis of claim The bank will not be able to provide Fixed Asset register in the settlement event of a claim. In annexure I- B, the bank has given details of the exposure it has in various branches at different locations on PAN India basis. Claims to be settled on the basis of Annexure I-B.

Please note that no under insurance will be applicable in case of partial as well as total losses

I Period of Insurance 15/05/2017 to 14/05/2018

J Claims history Will be provided on demand

K Other terms and As per annexure II conditions

Annexure I-B

No of branches/Offices Electronic Amount in crores Branch /Offices as per classification Equipment other Classification than ATM /Kiosk & POS (in Lacs) Per branch / office RURAL BRANCH 1609 15.00 241.35 SEMIURBAN 1349 20.00 269.80 URBAN 846 25.00 211.50 METRO 910 25.00 227.50 R.O. 59 35.00 20.65 Z.O. 13 35.00 4.55 CBOTCS (2) 02 15.00 0.30 LEAD DISTRICTS 51 10.00 5.10 C.O. ESTABLISHMENTS * 18.95 TOTAL 1000.00 * C.O. Establishment including C.O.at Chandermukhi - Nariman point, Bajaj Bhavan- Narima point, Fort,BKC, Mumbai ,CBD, Belapur, SPBT College, JVPD Mumbai & DRC at Hyderabad

The following terms & conditions would also be a part of the policy:

ANNEXURE-II

 The above document is also available on the Bank’s website- www.centralbankofindia.co.in  The quotes in sealed cover should be sent on or before the closing date to ensure that the same reaches CM, Central Bank of India, General Administration Department, 16th Floor, Chandermukhi, Nariman Point, and Mumbai. The sealed cover should be super scribed “Rate Quote for FIRE and EEI POLICY (2017-2018)” with full name, contact number and

postal address of the rate quoting company.

 No quote shall be accepted after the scheduled date and time.  The quotes should be signed by the Authorized Official of the Insurer with seal as a token of having accepted the clauses/ conditions in to to.

 Conditional quotes shall not be considered and shall be liable to be discarded ab-initio.  The sealed envelopes containing quotes shall be opened in presence of a Committee comprising of Bank Executives. Presence of the representatives of Insurers willing to be present at the opening of the quotes is solicited.  The L1 will be selected as per the premium quotation for both the policies taken together. Right to accept or reject any or all quotes in part or full or to further negotiate the rate shall rest with the General Manager- GAD, Central Office, Mumbai. Quotes for both the policies should be submitted in one sealed envelope as per the following :

Policy Premium Service tax Total

SFAP-2017-2018

EEIP2017-2018

Total

 Any other information/clarification may be obtained from the Asstt. General Manager, General Administration Department, 16th Floor, Chandermukhi, Nariman Point, Mumbai or on telephone number 022-66387659/66387586 during office hours.

 The insurer while responding to quotes must sign agreeing to all the above terms and conditions of RFQ.(INCLUDING IN THE ANNEXURES.) a COPY OF IT MUST BE SUBMITTED ALONG WITH THE QUOTES.

(PRADIP V RASAL) Assistant General Manager - GAD