Tender Details

About Tender

🛡️ Nbcc India Limited Seeks Proposals For Group Term Insurance Services 🛡️ Nbcc India Limited, Under The Aegis Of The Ministry Of Housing & Urban Affairs (Mo Hua), Is Calling For Proposals To Provide Group Term Insurance Services For Its Permanent Employees. 🗓️ Proposal Submission Deadline: June 18, 2024, 1:00 Pm The Selected Service Provider Will Be Responsible For Covering Natural Death, Accidental Death, And Suicide Cases As Per The Terms And Conditions Specified In The Proposal. Interested Parties Should Submit Detailed Proposals Before The Stipulated Deadline. Keywords: Group Term Insurance, Nbcc India Limited, Ministry Of Housing & Urban Affairs, Employee Benefits, Insurance Services, Proposal Submission
Particulars Details
Title
Group Term Insurance Service Permanent Employees; Natural Death, Accidental Death, Suicide, Anima
Description
Organisation NBCC INDIA LIMITED | Ministry of Housing & Urban Affairs (MoHUA)
Tender Id GEM/2024/B/5026086
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date June 07, 2024 23:43
End Date
Expired 18/06/2024

Expired 853 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

SBI LIFE INSURANCE COMPANY LIMITED

Contract Value

5836327.2

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Sujit Kumar
Ministry: Ministry Of Housing & Urban Affairs (mohua)
Department: Nbcc India Limited
Organisation: Nbcc India Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 Life Insurance Corporation of India 14-06-2024 17:25:47 N/A Qualified
2 MAX LIFE INSURANCE COMPANY LIMITED 18-06-2024 12:59:11 N/A Qualified
3 SBI LIFE INSURANCE COMPANY LIMITED 14-06-2024 17:32:28 N/A Qualified
4 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 18-06-2024 12:29:06 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 5836327.20 L1
2 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 9883069.00 L2
3 Life Insurance Corporation of India Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 10482712.00 L3
4 MAX LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 11473689.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses Group Term Insurance Service 1 ₹ 5836327.200
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