Tender Details
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| Particulars | Details |
|---|---|
| Title |
Group Term Insurance Service Permanent Employees, Group Term Insurance In Lieu Of Edli; Natural D
|
| Description |
|
| Organisation | Department of Heavy Industry | Ministry of Heavy Industries and Public Enterprises |
| Tender Id | GEM/2024/B/5231681 |
|
Reference Number |
- |
| Tender Fee | - |
| EMD | - |
| Tender Value | 2 Crore |
| Place | |
| Link |
View Original Tender Notice
https://bidplus.gem.gov.in/all-bids |
| Start Date | July 31, 2024 21:02 |
| End Date |
Expired
12/08/2024
Expired 797 days ago |
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Award of Contract & Bid Results
Life Insurance Corporation of India
51678136
Technical Evaluation Results
| S.No. | Seller Name | Participated On | MSE/MII Status | Status |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | 12-08-2024 15:39:50 | N/A | Qualified |
| 2 | Life Insurance Corporation of India | 09-08-2024 19:33:34 | N/A | Qualified |
| 3 | SBI LIFE INSURANCE COMPANY LIMITED | 12-08-2024 14:45:38 | N/A | Qualified |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | 12-08-2024 12:42:19 | N/A | Qualified |
Financial Evaluation Results
| S.No. | Seller Name | Offered Item | Total Price | Rank |
|---|---|---|---|---|
| 1 | BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, GROUP TERM INSURANCE IN LIEU OF EDLI; Natural d | 16875168.00 | Disqualified |
| 2 | Life Insurance Corporation of India | Item Categories : Group Term Insurance Service - Permanent Employees, GROUP TERM INSURANCE IN LIEU OF EDLI; Natural d | 51678136.00 | L1 |
| 3 | SBI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, GROUP TERM INSURANCE IN LIEU OF EDLI; Natural d | 58531684.00 | L2 |
| 4 | STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED | Item Categories : Group Term Insurance Service - Permanent Employees, GROUP TERM INSURANCE IN LIEU OF EDLI; Natural d | 59007741.00 | L3 |
Ordered Items & Contract Pricing
| Service | Category Name | Ordered Quantity | Price |
|---|---|---|---|
| Group Term Insurance Service - Permanent Employees, GROUP TERM INSURANCE IN LIEU OF EDLI; Natural death, Accidental death, Suicide, as per tender document | Group Term Insurance Service | 1 | ₹ 51678136.000 |
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