Tender Details
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| 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 |
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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 |
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