Tender Details

Particulars Details
Title
Group Term Insurance Service As Per Bid Document; As Per Bid Document
Description
Organisation POWER GRID Corporation OF INDIA Limited | Ministry of Power
Tender Id GEM/2025/B/5941061
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date March 12, 2025 20:03
End Date
Expired 19/03/2025

Expired 568 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

SBI LIFE INSURANCE COMPANY LIMITED

Contract Value

1787153.13

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Ashish Chaturvedi
Ministry: Ministry Of Power
Department: Power Grid Corporation Of India Limited
Organisation: Power Grid Corporation Of India Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 AVIVA LIFE INSURANCE COMPANY INDIA LTD 19-03-2025 13:51:05 N/A Qualified
2 SBI LIFE INSURANCE COMPANY LIMITED 19-03-2025 12:47:56 N/A Qualified
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 19-03-2025 12:28:24 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - As per bid document; As per bid document 1787153.13 L1
2 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - As per bid document; As per bid document 1849444.00 L2
3 AVIVA LIFE INSURANCE COMPANY INDIA LTD Item Categories : Group Term Insurance Service - As per bid document; As per bid document 1903894.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - As per bid document; As per bid document Group Term Insurance Service 1 ₹ 1787153.130
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