Tender Details

Particulars Details
Title
Custom Bid For Services Group Term Life Insurance Policy In Case Of Death For Bcpl Employees
Description
Organisation Brahmaputra Cracker and Polymer Limited | Ministry of Petroleum and Natural Gas
Tender Id GEM/2024/B/4992229
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids

Start Date May 30, 2024 22:18
End Date
Expired 11/06/2024

Expired 860 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

PRAMERICA LIFE INSURANCE LIMITED

Contract Value

3644655

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Mausoom Choudhury
Ministry: Ministry Of Petroleum And Natural Gas
Department: Brahmaputra Cracker And Polymer Limited
Organisation: Brahmaputra Cracker And Polymer Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:42:28 N/A Qualified
2 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:24:21 N/A Qualified
3 HDFC LIFE INSURANCE COMPANY LIMITED 13-06-2024 12:22:02 N/A Qualified
4 Life Insurance Corporation of India 07-06-2024 16:42:15 N/A Qualified
5 MAX LIFE INSURANCE COMPANY LIMITED 11-06-2024 18:48:48 N/A Qualified
6 PRAMERICA LIFE INSURANCE LIMITED 11-06-2024 10:29:20 N/A Qualified
7 SBI LIFE INSURANCE COMPANY LIMITED 12-06-2024 16:04:19 N/A Qualified
8 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:00:38 N/A Disqualified
9 TATA AIA LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:42:42 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 PRAMERICA LIFE INSURANCE LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 3644655.00 L1
2 HDFC LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 4705710.00 L2
3 MAX LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 4916293.00 L3
4 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 5441334.00 L4
5 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 5784829.00 L5
6 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 6634609.00 L6
7 TATA AIA LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 6830306.00 L7
8 Life Insurance Corporation of India Item Categories : Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES 10322540.00 L8

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Custom Bid for Services - GROUP TERM LIFE INSURANCE POLICY IN CASE OF DEATH FOR BCPL EMPLOYEES Custom Bid for Services 1 ₹ 3644655.000
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