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/2025/B/6000457 |
|
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 06, 2025 00:40 |
| End Date |
Expired
15/03/2025
Expired 576 days ago |
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Award of Contract & Bid Results
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED
10504018
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | AVIVA LIFE INSURANCE COMPANY INDIA LTD | 15-03-2025 12:53:09 | N/A | Qualified |
| 2 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 15-03-2025 14:44:07 | N/A | Disqualified |
| 3 | Life Insurance Corporation of India | 13-03-2025 14:01:21 | N/A | Qualified |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 14-03-2025 17:44:09 | 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 | 10504018.00 | L1 |
| 2 | AVIVA LIFE INSURANCE COMPANY INDIA LTD | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 11386860.00 | L2 |
| 3 | Life Insurance Corporation of India | Item Categories : Group Term Insurance Service - As per bid document; As per bid document | 17897069.44 | L3 |
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 | ₹ 10504018.000 |
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