Tender Details
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About Tender
🔒 Secure Your Group Term Insurance Services With The Ministry Of Finance 🔒 The Department Of Financial Services, Under The Ministry Of Finance, Is Calling For Service Providers To Offer Group Term Insurance Services For The Organization's Permanent Employees, Retirees, Superannuated Personnel, And Pensioners Under The Holis Scheme. 🗓️ Submission Deadline: May 29, 2024, 2:00 Pm Service Providers Must Demonstrate Expertise In Providing Comprehensive And Secure Insurance Services, With A Focus On Customer Satisfaction And Adherence To Regulatory Standards. Keywords: Group Term Insurance, Holis, Ministry Of Finance, Insurance Services, Permanent Employees, Retirees, Superannuated, Pensioners| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service Permanent Employees, Retired / Superannuated / Pensioners, Holis; Ac
|
| Description |
|
| Organisation | Department of Financial Services | Ministry of Finance |
| Tender Id | GEM/2024/B/4947028 |
|
Reference Number |
|
| Tender Fee | |
| EMD | |
| Tender Value | |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | May 16, 2024 21:59 |
| End Date |
Expired
29/05/2024
Expired 756 days ago |
Tender Support
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Tender Result
Tender Status:
Active
Additional Information:
Average Turn Over of Last 3 Years: Lakhs
Experience with Gov. Required: Years
Project Experience Required: Yes
Buyer Details
Name:
Bhagyashri Sethy
Address:
Bhagyashri Sethy,[email protected],SIDBI Towers, 15, Ashok Marg,LUCKNOW,UTTAR PRADESH,226001,India,0522-4259700-814
Ministry:
Ministry Of Finance
Department:
Department Of Financial Services
Organisation:
Small Industries Development Bank Of India (sidbi)
Office Address:
Mumbai
Technical Evaluation
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED | 10-06-2024 12:53:54 | N/A | Disqualified |
| 2 | SBI LIFE INSURANCE COMPANY LIMITED | 10-06-2024 12:57:13 | N/A | Qualified |
| 3 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | 07-06-2024 15:45:53 | N/A | Qualified |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 10-06-2024 13:58:20 | N/A | Qualified |
| 5 | TATA AIA LIFE INSURANCE COMPANY LIMITED | 10-06-2024 13:43:00 | N/A | Disqualified |
Financial Evaluation
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | SBI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, HOLIS; Ac | 3308003.00 | L1 |
| 2 | SHRIRAM LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, HOLIS; Ac | 5127552.00 | L2 |
| 3 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, HOLIS; Ac | 7421952.00 | L3 |
Contract Details
- Contract Status:
- Order Accepted
- Seller:
- SBI LIFE INSURANCE COMPANY LIMITED
- Buyer Designation:
- Manager
- Buying Mode:
- Bid/RA
- Contract Date:
- 2024-06-25 22:35:00 +0530
- Contract Amount:
- 3308003
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Term Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, HOLIS; Accidental death, Natural death, Suicide, Animal bite, Pre-Existing Illnesses | Group Term Insurance Service | 1092 | ₹ 3308003.000 |
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