Tender Details

Particulars Details
Title
Group Term Insurance Service Permanent Employees, Police Personnels As Per The Attached Bid Docum
Description
Organisation Department of Financial Services | Ministry of Finance
Tender Id GEM/2024/B/5364305
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date September 05, 2024 20:24
End Date
Expired 19/09/2024

Expired 705 days ago

Search Similar tenders?

Tender Support

Get help with filing, GeM registration, documents, or relevant tender alerts.

Award of Contract & Bid Results

Awarded Contractor / Winner

Life Insurance Corporation of India

Contract Value

333748.84

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Name: Harjinder Singh
Ministry: Ministry Of Finance
Department: Department Of Financial Services
Organisation: Punjab National Bank (pnb)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 HDFC LIFE INSURANCE COMPANY LIMITED 19-09-2024 13:23:15 N/A Qualified
2 INDIAFIRST LIFE INSURANCE COMPANY LIMITED 19-09-2024 14:06:33 N/A Qualified
3 Life Insurance Corporation of India 19-09-2024 13:32:54 N/A Qualified
4 MAX LIFE INSURANCE COMPANY LIMITED 18-09-2024 13:44:30 N/A Qualified
5 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 19-09-2024 14:04:53 N/A Disqualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 Life Insurance Corporation of India Item Categories : Group Term Insurance Service - Permanent Employees, police personnels as per the attached Bid Docum 309711.49 L1
2 HDFC LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees, police personnels as per the attached Bid Docum 342933.78 L2
3 INDIAFIRST LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees, police personnels as per the attached Bid Docum 514044.00 L3
4 MAX LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees, police personnels as per the attached Bid Docum 1285110.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees, police personnels as per the attached Bid Documents; Natural death, coverages as per the Attached Bid Documents Group Term Insurance Service 1 ₹ 333748.840
Similar Tenders
Click Here to Download Dockets
of your Industry type
Get customized tender Recommendations for your Enterprise