Tender Details
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| 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/4705244 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | March 09, 2024 23:10 |
| End Date |
Expired
19/03/2024
Expired 936 days ago |
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Award of Contract & Bid Results
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED
17929309
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | 19-03-2024 17:43:29 | N/A | Qualified |
| 2 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 19-03-2024 16:14:13 | N/A | Qualified |
| 3 | Life Insurance Corporation of India | 18-03-2024 18:45:31 | N/A | Qualified |
| 4 | MAX LIFE INSURANCE COMPANY LIMITED | 19-03-2024 17:52:17 | N/A | Qualified |
| 5 | PRAMERICA LIFE INSURANCE LIMITED | 19-03-2024 16:55:13 | N/A | Qualified |
| 6 | SBI LIFE INSURANCE COMPANY LIMITED | 19-03-2024 17:01:39 | N/A | Qualified |
| 7 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | 18-03-2024 22:58:57 | N/A | Disqualified |
| 8 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 19-03-2024 15:17:48 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 17929309.00 | L1 |
| 2 | Life Insurance Corporation of India | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 20247667.20 | L2 |
| 3 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 21260051.00 | L3 |
| 4 | MAX LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 21485025.00 | L4 |
| 5 | SBI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 21934972.80 | L5 |
| 6 | PRAMERICA LIFE INSURANCE LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 22373672.26 | L6 |
| 7 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 39302971.78 | L7 |
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 | ₹ 17929309.000 |
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