Tender Details

About Tender

🔒 Secure Your Bid For Group Term Insurance Services 🔒 The Department Of Financial Services, Under The Ministry Of Finance, Is Calling For Bids To Provide Group Term Insurance Services For Its Permanent Employees. 🤝 🗓️ Submission Deadline: June 10, 2024, 3:00 Pm Bids Should Encompass Comprehensive Coverage Plans For Both Natural Death And Accidental Death Scenarios, In Line With The Department's Requirements. Keywords: Group Term Insurance, Permanent Employees, Ministry Of Finance, Bid Submission, Insurance Services
Particulars Details
Title
Group Term Insurance Service Permanent Employees; Natural Death, Accidental Death
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4954867
Reference
Number 		-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids
Start Date May 18, 2024 00:35
End Date
Expired 10/06/2024

Expired 838 days ago

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Award of Contract & Bid Results

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: 40 Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Romil Krishna
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Punjab And Sind Bank

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 AVIVA LIFE INSURANCE COMPANY INDIA LTD 10-06-2024 13:08:14 N/A Disqualified
2 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 12-06-2024 14:21:45 N/A Disqualified
3 HDFC LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:47:14 N/A Qualified
4 Life Insurance Corporation of India 07-06-2024 22:18:53 N/A Disqualified
5 PRAMERICA LIFE INSURANCE LIMITED 10-06-2024 17:51:55 N/A Qualified
6 SBI LIFE INSURANCE COMPANY LIMITED 11-06-2024 13:07:05 N/A Disqualified

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; Natural death, Accidental death 503176.00 L1
2 HDFC LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death 1681500.00 L2
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