Tender Details

Particulars Details
Title
Group Term Insurance Service Insurance Coverage Of Outstanding Children Higher Education Advance
Description
Organisation Hydro Power | Ministry of Power
Tender Id GEM/2024/B/5313284
Reference
Number 		-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

https://bidplus.gem.gov.in/all-bids
Start Date August 21, 2024 23:15
End Date
Expired 28/08/2024

Expired 741 days ago

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Award of Contract & Bid Results

Awarded Contractor / Winner

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED

Contract Value

52974

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Hemant Sharan
Ministry: Ministry Of Power
Department: Hydro Power
Organisation: Nhpc Limited

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 Life Insurance Corporation of India 29-08-2024 08:51:16 N/A Disqualified
2 SBI LIFE INSURANCE COMPANY LIMITED 30-08-2024 13:47:22 N/A Qualified
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 27-08-2024 17:18:52 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 - Insurance coverage of outstanding Children Higher Education Advance 52974.00 L1
2 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Insurance coverage of outstanding Children Higher Education Advance 158237.00 L2

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Insurance coverage of outstanding Children Higher Education Advance under NHPC Employees Children Higher Education Advance Group Insurance Scheme for a period of one year from 19 sept 2024 to 18 sept 2025; Insurance cov.. Group Term Insurance Service 1 ₹ 52974.000
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