Tender Details
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| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service Permanent Employees; Natural Death, Accidental Death, Suicide, Anima
|
| Description |
|
| Organisation | GAIL India Limited | Ministry of Petroleum and Natural Gas |
| Tender Id | GEM/2025/B/6061025 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | - |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | March 21, 2025 15:43 |
| End Date |
Expired
01/04/2025
Expired 560 days ago |
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Award of Contract & Bid Results
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED
6631037
Technical Evaluation Results
| S.No. | Seller Name | Participated On | EMD Status | Status |
|---|---|---|---|---|
| 1 | Life Insurance Corporation of India | 01-04-2025 13:48:09 | Central / State PSUs | Qualified |
| 2 | SBI LIFE INSURANCE COMPANY LIMITED | 31-03-2025 17:06:27 | Turnover >= 500 Cr. | Qualified |
| 3 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | 01-04-2025 14:08:42 | Offline upload | Qualified |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 01-04-2025 12:59:20 | Turnover >= 500 Cr. | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima | 6448964.46 | L1 |
| 2 | SBI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima | 6619172.02 | L2 |
| 3 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima | 7564768.16 | L3 |
| 4 | Life Insurance Corporation of India | Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima | 7650731.18 | 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, AS PER TENDER DOCUMENT | Group Term Insurance Service | 5166 | ₹ 6631037.000 |
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