Tender Details
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About Tender
🛡️ Rural Electrification Corporation Limited (Rec) Is Seeking Proposals For The Group Personal Accidental Insurance Service For Its Permanent Employees. 🚨 This Service Will Cover Only Accidental Death And Not Natural Death. 🚫 Proposals Must Be Submitted By 18th April 2024, 3:00 Pm. ⏰ Rec Is Committed To Providing Comprehensive Insurance Coverage To Safeguard The Well Being Of Its Employees. 🛡️ Keywords: Group Personal Accidental Insurance, Rec, Rural Electrification Corporation Limited, Ministry Of Power, Employee Benefits, Insurance Services, Procurement Tender| Particulars | Details |
|---|---|
| Title |
Group Personal Accidental Insurance Service Permanent Employees; Only Accidental Death (Not Natur
|
| Description |
|
| Organisation | RURAL ELECTRIFICATION Corporation Limited | Ministry of Power |
| Tender Id | GEM/2024/B/4823813 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | - |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | March 29, 2024 00:29 |
| End Date |
Expired
18/04/2024
Expired 913 days ago |
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Award of Contract & Bid Results
SBI GENERAL INSURANCE COMPANY LIMITED
1448696
Technical Evaluation Results
| S.No. | Seller Name | Participated On | EMD Status | MSE/MII Status | Status |
|---|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED | 22-04-2024 12:28:04 | Turnover >= 500 Cr. | N/A | Disqualified |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | 18-04-2024 19:06:02 | Registered with designated Agency / Authority | N/A | Qualified |
| 3 | NATIONAL INSURANCE COMPANY LIMITED | 24-04-2024 17:20:46 | Central / State PSUs | N/A | Disqualified |
| 4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED | 22-04-2024 11:48:22 | Turnover >= 500 Cr. | N/A | Disqualified |
| 5 | SBI GENERAL INSURANCE COMPANY LIMITED | 22-04-2024 14:55:22 | Registered with designated Agency / Authority | N/A | Qualified |
| 6 | SHRIRAM GENERAL INSURANCE COMPANY LIMITED | 17-04-2024 16:45:12 | Turnover >= 500 Cr. | N/A | Qualified |
| 7 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | 26-04-2024 14:07:46 | Turnover >= 500 Cr. | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | SBI GENERAL INSURANCE COMPANY LIMITED | Item Categories : Group Personal Accidental Insurance Service - Permanent Employees; Only accidental death (not natur | 1448696.00 | L1 |
| 2 | TATA AIG GENERAL INSURANCE COMPANY LIMITED | Item Categories : Group Personal Accidental Insurance Service - Permanent Employees; Only accidental death (not natur | 1720328.00 | L2 |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED | Item Categories : Group Personal Accidental Insurance Service - Permanent Employees; Only accidental death (not natur | 3188463.00 | L3 |
| 4 | SHRIRAM GENERAL INSURANCE COMPANY LIMITED | Item Categories : Group Personal Accidental Insurance Service - Permanent Employees; Only accidental death (not natur | 3621743.00 | L4 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Personal Accidental Insurance Service - Permanent Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, undefined | Group Personal Accidental Insurance Service | 520 | ₹ 1448696.000 |
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