Tender Details
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About Tender
🔋 Group Term Insurance Service Bid Invitation 🔋 Power Grid Corporation Of India Limited, Under The Ministry Of Power, Is Seeking Bids For The Provision Of Group Term Insurance Services. 📜 🗓️ Submission Deadline: May 20, 2024, 4:00 Pm This Opportunity Is Open To Entities With Expertise In Providing Comprehensive Group Term Insurance Solutions. Bidders Must Submit Detailed Proposals, Including Financial Bids And Technical Specifications, By The Stipulated Deadline. Keywords: Group Term Insurance, Power Grid Corporation Of India Limited, Ministry Of Power, Insurance Services, Bid, Procurement| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service As Per Bid Document; As Per Bid Document
|
| Description |
|
| Organisation | POWER GRID Corporation OF INDIA Limited | Ministry of Power |
| Tender Id | GEM/2024/B/4904414 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | - |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | May 10, 2024 21:08 |
| End Date |
Expired
20/05/2024
Expired 869 days ago |
Tender Support
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Award of Contract & Bid Results
Awarded Contractor / Winner
BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED
Contract Value
11010919
Tender Status:
active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: No
Buyer Name:
Ashish Chaturvedi
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 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 21-05-2024 14:51:08 | N/A | Qualified |
| 2 | SBI LIFE INSURANCE COMPANY LIMITED | 21-05-2024 15:43:25 | N/A | Disqualified |
| 3 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | 20-05-2024 18:24:55 | N/A | Disqualified |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 17-05-2024 19:19:28 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 11010919.00 | L1 |
| 2 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 11762660.00 | L2 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Term Insurance Service - As per bid document; As per bid document | Group Term Insurance Service | 1 | ₹ 11010919.000 |
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