Tender Details

Particulars Details
Title
Group Term Insurance Service Renewal Of Group Life Insurance Policy Ordinary For 202425; Renewal
Description
Organisation NA | Ministry of Power
Tender Id GEM/2024/B/4559375
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date January 31, 2024 23:24
End Date
Expired 13/02/2024

Expired 958 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

SBI LIFE INSURANCE COMPANY LIMITEDSBI LIFE INSURANCE COMPANY LIMITED

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Srinivasa Rao Mandala
Ministry: Ministry Of Power
Department: Na
Organisation: Ntpc Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED 26-02-2024 14:31:33 N/A Evaluated
2 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 26-02-2024 14:18:49 N/A Evaluated
3 Life Insurance Corporation of India 09-02-2024 19:56:35 N/A Evaluated
4 SBI LIFE INSURANCE COMPANY LIMITED 26-02-2024 11:22:15 N/A Evaluated
5 SHRIRAM LIFE INSURANCE COMPANY LIMITED 13-02-2024 14:23:28 N/A Evaluated
6 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 26-02-2024 14:48:13 N/A Evaluated

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Renewal of Group Life Insurance Policy Ordinary for 202425; Renewal of Group Life Insurance Policy Ordinary for 202425 Group Term Insurance Service 1 ₹ 197288625.000
Group Term Insurance Service - Renewal of Group Insurance Policy in Lieu of EDLI for 202425; Renewal of Group Insurance Policy in Lieu of EDLI for 202425 Group Term Insurance Service 1 ₹ 28148501.000
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