Tender Details

Particulars Details
Title
Group Personal Accidental Insurance Service Permanent Employees, Contract Employees, As Per Bid D
Description
Organisation POWER GRID Corporation OF INDIA Limited | Ministry of Power
Tender Id GEM/2024/B/5132089
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date July 11, 2024 00:02
End Date
Expired 17/07/2024

Expired 823 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

THE ORIENTAL INSURANCE COMPANY LIMITED

Contract Value

7437511.19

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Anupam Kumar
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 GO DIGIT GENERAL INSURANCE LIMITED 17-07-2024 16:48:46 N/A Qualified
2 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 17-07-2024 17:45:43 N/A Disqualified
3 RELIANCE GENERAL INSURANCE COMPANY LIMITED 17-07-2024 17:37:13 N/A Qualified
4 SBI GENERAL INSURANCE COMPANY LIMITED 17-07-2024 16:30:16 N/A Qualified
5 TATA AIG GENERAL INSURANCE COMPANY LIMITED 17-07-2024 18:09:53 N/A Disqualified
6 THE NEW INDIA ASSURANCE COMPANY LIMITED 16-07-2024 19:58:44 N/A Qualified
7 THE ORIENTAL INSURANCE COMPANY LIMITED 17-07-2024 14:25:15 N/A Qualified
8 UNITED INDIA INSURANCE COMPANY LIMITED 16-07-2024 11:09:18 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 7437511.19 L1
2 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 8075353.13 L2
3 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 10802343.26 L3
4 SBI GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 15340320.00 L4
5 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 27730000.00 L5
6 GO DIGIT GENERAL INSURANCE LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid d 45435369.18 L6

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Personal Accidental Insurance Service - Permanent Employees, Contract Employees, As per bid document; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, As per bid document Group Personal Accidental Insurance Service 1 ₹ 7437511.190
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