Tender Details

Title
Custom Bid For Services Group Insurance Policy For Employee Advances
Description
Organisation POWER FINANCE Corporation Limited | Ministry of Power
Tender Id GEM/2023/B/4064280
Reference
Number 		-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://gem.gov.in/
Start Date October 10, 2023 01:45
End Date
Expired 30/10/2023

Expired 1089 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

Life Insurance Corporation of India

Contract Value

5266000

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Sandeep Kumar Yadav
Ministry: Ministry Of Power
Department: Power Finance Corporation Limited
Organisation: Power Finance Corporation Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 HDFC LIFE INSURANCE COMPANY LIMITED 30-10-2023 14:58:36 N/A Disqualified
2 Life Insurance Corporation of India 27-10-2023 19:41:32 N/A Qualified
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 30-10-2023 14:57:36 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 Life Insurance Corporation of India Item Categories : Custom Bid for Services - Group Insurance Policy for Employee Advances 5266000.00 L1
2 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Custom Bid for Services - Group Insurance Policy for Employee Advances 5619136.00 L2

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Custom Bid for Services - Group Insurance Policy for Employee Advances Custom Bid for Services 1 ₹ 5266000.000

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