Tender Details

Particulars Details
Title
Group Term Insurance Service Insurance Coverage Of Outstanding Multipurpose Advance Under Nhpc Em
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2024/B/5412774
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date September 19, 2024 17:38
End Date
Expired 10/10/2024

Expired 681 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

MAX LIFE INSURANCE COMPANY LIMITED

Contract Value

3034901

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Raja Verma
Ministry: Ministry Of Power
Department: Hydro Power
Organisation: Nhpc Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 Life Insurance Corporation of India 18-10-2024 07:09:59 N/A Qualified
2 MAX LIFE INSURANCE COMPANY LIMITED 16-10-2024 16:11:25 N/A Qualified
3 SBI LIFE INSURANCE COMPANY LIMITED 18-10-2024 13:31:02 N/A Qualified
4 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 07-10-2024 16:32:21 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 MAX LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Insurance Coverage of Outstanding Multipurpose Advance under NHPC Em 3034901.00 L1
2 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Insurance Coverage of Outstanding Multipurpose Advance under NHPC Em 3531365.00 L2
3 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Insurance Coverage of Outstanding Multipurpose Advance under NHPC Em 4434108.74 L3
4 Life Insurance Corporation of India Item Categories : Group Term Insurance Service - Insurance Coverage of Outstanding Multipurpose Advance under NHPC Em 4532645.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Insurance Coverage of Outstanding Multipurpose Advance under NHPC Employees Multipurpose Advance Insurance Scheme for a period of one year from 19NOV20234 to 18NOV2025; AS PER ATC Group Term Insurance Service 2556 ₹ 3034901.000
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