Tender Details

About Tender

🎓 Group Personal Accidental Insurance For Students 🛡️ The Department Of Higher Education, Ministry Of Education, Is Seeking Proposals For A Group Personal Accidental Insurance Service Exclusively For Students. 📜 The Policy Will Cover Only Accidental Death (Not Natural) And Permanent Disability. 🚫 🗓️ Proposal Submission Deadline: July 10, 2024, 4:00 Pm Interested Parties Should Submit Detailed Proposals, Including Coverage Details, Premium Rates, And Claim Settlement Processes, By The Specified Deadline. Keywords: Group Personal Accidental Insurance, Students, Department Of Higher Education, Ministry Of Education, Insurance Services, Proposal Submission
Particulars Details
Title
Group Personal Accidental Insurance Service Students; Only Accidental Death (Not Natural), Perman
Description
Organisation Department of Higher Education | Ministry of Education
Tender Id GEM/2024/B/5067460
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date June 21, 2024 17:36
End Date
Expired 10/07/2024

Expired 773 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

SHRIRAM GENERAL INSURANCE COMPANY LIMITED

Contract Value

38987

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Bharat Bhushan Joshi
Ministry: Ministry Of Education
Department: Department Of Higher Education
Organisation: Indian Institute Of Management (iim)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED 10-07-2024 13:51:33 N/A Disqualified
2 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 10-07-2024 15:56:13 N/A Disqualified
3 NIVA BUPA HEALTH INSURANCE COMPANY LIMITED 10-07-2024 14:20:21 N/A Disqualified
4 RELIANCE GENERAL INSURANCE COMPANY LIMITED 10-07-2024 14:59:07 N/A Qualified
5 SHRIRAM GENERAL INSURANCE COMPANY LIMITED 10-07-2024 14:29:15 N/A Qualified
6 THE NEW INDIA ASSURANCE COMPANY LIMITED 06-07-2024 14:39:56 N/A Disqualified
7 THE ORIENTAL INSURANCE COMPANY LIMITED 10-07-2024 15:41:15 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 SHRIRAM GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Students; Only accidental death (not natural), Perman 38987.00 L1
2 RELIANCE GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Students; Only accidental death (not natural), Perman 118000.00 L2
3 THE ORIENTAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Students; Only accidental death (not natural), Perman 267872.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Personal Accidental Insurance Service - Students; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities Group Personal Accidental Insurance Service 484 ₹ 34267.000
Group Personal Accidental Insurance Service - Students; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities Group Personal Accidental Insurance Service 40 ₹ 4720.000
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