Tender Details

Particulars Details
Title
Group Term Insurance Service Permanent Employees, Contract Employees; Natural Death, Accidental D
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/5288989
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date August 14, 2024 18:38
End Date
Expired 02/09/2024

Expired 754 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

HDFC LIFE INSURANCE COMPANY LIMITED

Contract Value

1836021

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: 140 Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Samriti Arora
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Industrial Finance Corporation Of India (ifci)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 HDFC LIFE INSURANCE COMPANY LIMITED 07-09-2024 12:37:18 N/A Qualified
2 MAX LIFE INSURANCE COMPANY LIMITED 05-09-2024 13:24:59 N/A Qualified
3 SBI LIFE INSURANCE COMPANY LIMITED 06-09-2024 19:03:26 N/A Disqualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 MAX LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d 1664744.00 Disqualified
2 HDFC LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental d 1836021.00 L1

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees, Contract Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, Critical illness Riots Covid 19 Natural calamities tc Group Term Insurance Service 122 ₹ 1836021.000
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