Tender Details

Particulars Details
Title
Group Personal Accidental Insurance Service Permanent Employees, As Per Attached Bid Document In
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/4764228
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date March 11, 2024 23:22
End Date
Expired 26/03/2024

Expired 879 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE NEW INDIA ASSURANCE COMPANY LIMITED

Contract Value

43988040

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Khushboo Kumari
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Punjab National Bank (pnb)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 NATIONAL INSURANCE COMPANY LIMITED 27-03-2024 14:18:13 N/A Qualified
2 RELIANCE GENERAL INSURANCE COMPANY LIMITED 26-03-2024 15:18:13 N/A Qualified
3 THE NEW INDIA ASSURANCE COMPANY LIMITED 27-03-2024 10:54:39 N/A Qualified
4 THE ORIENTAL INSURANCE COMPANY LIMITED 26-03-2024 17:00:31 N/A Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 27-03-2024 14:04:49 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in 43927000.00 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in 45770747.93 L2
3 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in 46325000.00 L3
4 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in 47960000.00 L4
5 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in 53301000.00 L5

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Personal Accidental Insurance Service - Permanent Employees, As per attached Bid document in ATC; Only accidental death (not natural), As per attached Bid document in ATC Group Personal Accidental Insurance Service 1 ₹ 43988040.000
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