Tender Details
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| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service Permanent Employees, On Deputation Staff; Natural Death, Accidental
|
| Description |
|
| Organisation | Railways Public Sector Undertakings | Ministry of Railways |
| Tender Id | GEM/2025/B/6072973 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | - |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | March 20, 2025 20:59 |
| End Date |
Expired
01/04/2025
Expired 565 days ago |
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Award of Contract & Bid Results
SBI LIFE INSURANCE COMPANY LIMITED
9862473.98
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | AVIVA LIFE INSURANCE COMPANY INDIA LTD | 01-04-2025 15:41:25 | N/A | Qualified |
| 2 | HDFC LIFE INSURANCE COMPANY LIMITED | 01-04-2025 15:33:41 | N/A | Disqualified |
| 3 | Life Insurance Corporation of India | 30-03-2025 16:43:28 | N/A | Qualified |
| 4 | PRAMERICA LIFE INSURANCE LIMITED | 01-04-2025 15:53:12 | N/A | Disqualified |
| 5 | SBI LIFE INSURANCE COMPANY LIMITED | 31-03-2025 17:19:29 | N/A | Qualified |
| 6 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | 01-04-2025 10:58:48 | N/A | Disqualified |
| 7 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 01-04-2025 15:57:24 | 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, On deputation staff; Natural death, Accidental | 9862473.98 | L1 |
| 2 | AVIVA LIFE INSURANCE COMPANY INDIA LTD | Item Categories : Group Term Insurance Service - Permanent Employees, On deputation staff; Natural death, Accidental | 11580701.00 | L2 |
| 3 | Life Insurance Corporation of India | Item Categories : Group Term Insurance Service - Permanent Employees, On deputation staff; Natural death, Accidental | 13021548.00 | L3 |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, On deputation staff; Natural death, Accidental | 14210438.00 | L4 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Term Insurance Service - Permanent Employees, On deputation staff; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, any type of death | Group Term Insurance Service | 1383 | ₹ 9862473.980 |
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