Tender Details
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| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service Permanent Employees, Contract Employees; Natural Death, Accidental D
|
| Description |
|
| Organisation | Balmer Lawrie and Company Limited | Ministry of Petroleum and Natural Gas |
| Tender Id | GEM/2023/B/3797543 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://gem.gov.in/ |
| Start Date | August 07, 2023 23:30 |
| End Date |
Expired
25/08/2023
Expired 1093 days ago |
Tender Support
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Award of Contract & Bid Results
Awarded Contractor / Winner
PRAMERICA LIFE INSURANCE LIMITED
Contract Value
7310061
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: 500 Lakhs
Experience with Gov. Required: Years
Project Experience Required: Yes
Buyer Name:
Indrani Mukherjee
Ministry:
Ministry Of Petroleum And Natural Gas
Department:
Balmer Lawrie And Company Limited
Organisation:
Balmer Lawrie And Company Limited
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | 25-08-2023 16:00:58 | N/A | Qualified |
| 2 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 23-08-2023 17:24:45 | N/A | Qualified |
| 3 | HDFC LIFE INSURANCE COMPANY LIMITED | 07-09-2023 13:49:24 | N/A | Disqualified |
| 4 | INDIAFIRST LIFE INSURANCE COMPANY LIMITED | 23-08-2023 19:10:41 | N/A | Qualified |
| 5 | PRAMERICA LIFE INSURANCE LIMITED | 25-08-2023 10:34:27 | N/A | Qualified |
| 6 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 25-08-2023 15:13:18 | N/A | Qualified |
| 7 | TATA AIA LIFE INSURANCE COMPANY LIMITED | 25-08-2023 15:58:42 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | PRAMERICA LIFE INSURANCE LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 7434014.00 | L1 |
| 2 | TATA AIA LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 7764556.00 | L2 |
| 3 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 8740290.00 | L3 |
| 4 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 9868582.00 | L4 |
| 5 | INDIAFIRST LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 10806177.00 | L5 |
| 6 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d | 11839438.00 | L6 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses | Group Term Insurance Service | 984 | ₹ 7310061.000 |
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