Tender Details

About Tender

🛡️ Group Term Insurance For Permanent Employees 🛡️ The Department Of Higher Education, Ministry Of Education, Is Seeking Proposals For The Group Term Insurance Service For Its Permanent Employees. This Service Covers Natural Death, Accidental Death, Suicide, And Other Related Aspects. 🗓️ Submission Deadline: July 22, 2024, 12:00 Pm Proposals Should Be Comprehensive, Detailing The Scope Of Coverage, Terms, And Conditions, And Should Be In Line With The Department's Requirements. Keywords: Group Term Insurance, Permanent Employees, Department Of Higher Education, Ministry Of Education, Insurance Services, Government Procurement
Particulars Details
Title
Group Term Insurance Service Permanent Employees; Natural Death, Accidental Death, Suicide, Anima
Description
Organisation Department of Higher Education | Ministry of Education
Tender Id GEM/2024/B/5110667
Reference
Number
-
Tender Fee -
EMD -
Tender Value -
Place
Link
View Original Tender Notice

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

Start Date July 01, 2024 17:19
End Date
Expired 22/07/2024

Expired 764 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

SBI LIFE INSURANCE COMPANY LIMITED

Contract Value

4006059

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Chauhan Vinay
Ministry: Ministry Of Education
Department: Department Of Higher Education
Organisation: Indian Institute Of Management (iim)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED 24-07-2024 12:10:15 N/A Qualified
2 HDFC LIFE INSURANCE COMPANY LIMITED 24-07-2024 09:14:24 N/A Qualified
3 ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED 24-07-2024 12:17:28 N/A Qualified
4 Life Insurance Corporation of India 25-07-2024 12:34:29 N/A Qualified
5 SBI LIFE INSURANCE COMPANY LIMITED 24-07-2024 12:36:52 N/A Qualified

Financial Evaluation Results

S.No. Seller Name Offered Item Total Price Rank
1 ICICI PRUDENTIAL LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 4032945.00 Disqualified
2 SBI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 4086718.00 L1
3 HDFC LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 4382467.00 L2
4 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 4597557.00 L3
5 Life Insurance Corporation of India Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 6717457.00 L4

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, As per SOW and ATC Group Term Insurance Service 366 ₹ 4006059.000
Similar Tenders
Click Here to Download Dockets
of your Industry type
Get customized tender Recommendations for your Enterprise