Tender Details

About Tender

🛡️ Group Term Insurance For Permanent Employees Of Gail India Limited 🛡️ Gail India Limited, Under The Aegis Of The Ministry Of Petroleum And Natural Gas, Is Seeking Proposals For Its Group Term Insurance Service For Permanent Employees. 👨‍💼👩‍💼 🗓️ Deadline: April 3, 2024, 3:00 Pm This Service Encompasses Coverage For Natural Death, Accidental Death, And Suicide, With Comprehensive Terms And Conditions As Per The Policy. Interested Parties Should Submit Detailed Proposals Before The Specified Deadline. Keywords: Group Term Insurance, Gail India Limited, Permanent Employees, Ministry Of Petroleum And Natural Gas, Insurance Services, Procurement Tender
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/2024/B/4809114
Reference
Number
Tender Fee
EMD
Tender Value
Place
Link https://bidplus.gem.gov.in/all-bids
Start Date March 22, 2024 17:05
End Date

03/04/2024 ( Expired 451 days ago )

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Tender Result
Tender Status: Active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Details
Name: Karthesh P
Address: Karthesh P,[email protected],GAIL BHAWAN, 16, BHIKAIJI CAMA PLACE, R K PURAM,NEW DELHI,DELHI,110066,India
Ministry: Ministry Of Petroleum And Natural Gas
Department: Gail India Limited
Organisation: Gail India Limited
Office Address: Gail Bhawan 16 Bhikaiji Cama Place New Delhi
Technical Evaluation
S.No. Seller Name Participated On EMD Status Status
1 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 07-04-2024 20:30:21 Offline upload Disqualified
2 SBI LIFE INSURANCE COMPANY LIMITED 08-04-2024 14:12:40 Offline upload Qualified
3 SHRIRAM LIFE INSURANCE COMPANY LIMITED 03-04-2024 12:26:55 Offline upload Qualified
4 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 04-04-2024 13:12:20 Turnover >= 500 Cr. Qualified
Financial Evaluation
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 6450973.73 L1
2 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 6783810.18 L2
3 SHRIRAM LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 9343738.78 L3

Contract Details

Contract Status:
Order Accepted
Seller:
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED
Buyer Designation:
Senior Officer
Buying Mode:
Bid/RA
Contract Date:
2024-04-22 21:17:00 +0530
Contract Amount:
6633103
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 5128 ₹ 6633103.000
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