Tender Details

Particulars Details
Title
Group Personal Accidental Insurance Service Permanent Employees, As Per Tender Document; Only Acc
Description
Organisation GAIL India Limited | Ministry of Petroleum and Natural Gas
Tender Id GEM/2025/B/5994885
Reference
Number
-
Tender Fee -
EMD -
Tender Value 2 Crore
Place
Link
View Original Tender Notice

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

Start Date February 27, 2025 18:37
End Date
Expired 21/03/2025

Expired 577 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

UNITED INDIA INSURANCE COMPANY LIMITED

Contract Value

6025847

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Karthesh P
Ministry: Ministry Of Petroleum And Natural Gas
Department: Gail India Limited
Organisation: Gail India Limited

Technical Evaluation Results

S.No. Seller Name Participated On EMD Status Status
1 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED 21-03-2025 14:47:59 Turnover >= 500 Cr. Qualified
2 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED 21-03-2025 14:56:03 Turnover >= 500 Cr. Qualified
3 NATIONAL INSURANCE COMPANY LIMITED 21-03-2025 14:41:02 Central / State PSUs Qualified
4 THE NEW INDIA ASSURANCE COMPANY LIMITED 21-03-2025 13:34:03 Central / State PSUs Qualified
5 UNITED INDIA INSURANCE COMPANY LIMITED 21-03-2025 13:53:40 Central / State PSUs Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 UNITED INDIA INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only acc 5860391.54 L1
2 THE NEW INDIA ASSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only acc 11474646.64 L2
3 ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only acc 17214000.00 L3
4 IFFCO-TOKIO GENERAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only acc 35162349.24 L4
5 NATIONAL INSURANCE COMPANY LIMITED Item Categories : Group Personal Accidental Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only acc 38678583.97 L5

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, AS PER TENDER DOCUMENT Group Personal Accident Insurance Service 5125 ₹ 6025847.000
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