Tender Details

Particulars Details
Title
Group Term Insurance Service Permanent Employees; Natural Death, Suicide, Accidental Death, Anima
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2023/B/3512967
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://gem.gov.in/

Start Date May 31, 2023 23:07
End Date
Expired 20/06/2023

Expired 1209 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

SBI LIFE INSURANCE COMPANY LIMITED

Contract Value

8692234

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Bhagyashri Sethy
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Small Industries Development Bank Of India (sidbi)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 Life Insurance Corporation of India 16-06-2023 20:33:41 N/A Qualified
2 SBI LIFE INSURANCE COMPANY LIMITED 20-06-2023 12:30:02 N/A Qualified
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 20-06-2023 14:25:18 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 - Permanent Employees; Natural death, Suicide, Accidental death, Anima 8034838.15 L1
2 Life Insurance Corporation of India Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Suicide, Accidental death, Anima 12417425.95 L2
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Suicide, Accidental death, Anima 26464463.79 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees; Natural death, Suicide, Accidental death, Animal bite Group Term Insurance Service 1026 ₹ 8692234.000
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