Group Term Insurance Service As Per Bid Document; As Per Bid Document

Tender Details

About Tender

🔋 Group Term Insurance Service Bid Invitation 🔋 Power Grid Corporation Of India Limited, Under The Ministry Of Power, Is Seeking Bids For The Provision Of Group Term Insurance Services. 🏢 📅 Bid Submission Deadline: May 17, 2024, 7:00 Pm This Opportunity Is Open To Entities With Expertise In Providing Comprehensive Group Term Insurance Solutions. Bidders Must Submit Detailed Proposals, Including Financial Bids And Technical Specifications, By The Stipulated Deadline. Keywords: Group Term Insurance, Power Grid Corporation Of India Limited, Ministry Of Power, Insurance Services, Bid, Procurement

Particulars	Details
Title	Group Term Insurance Service As Per Bid Document; As Per Bid Document
Description
Organisation	POWER GRID Corporation OF INDIA Limited \| Ministry of Power
Tender Id	GEM/2024/B/4901313
Reference Number	-
Tender Fee	-
EMD	-
Tender Value	-
Place
Link	View Original Tender Notice https://bidplus.gem.gov.in/all-bids
Start Date	May 08, 2024 00:01
End Date	Expired 17/05/2024 Expired 880 days ago Search Similar tenders?

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Award of Contract & Bid Results

Awarded Contractor / Winner

STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED

Contract Value

648278

Tender Status: active

Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No

Buyer Name: Ashish Chaturvedi

Ministry: Ministry Of Power

Department: Power Grid Corporation Of India Limited

Organisation: Power Grid Corporation Of India Limited

Technical Evaluation Results

S.No.	Seller Name	Participated On	MSE/MII Status	Status
1	AVIVA LIFE INSURANCE COMPANY INDIA LTD	16-05-2024 15:48:55	N/A	Qualified
2	SHRIRAM LIFE INSURANCE COMPANY LIMITED	17-05-2024 18:35:13	N/A	Disqualified
3	STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED	17-05-2024 18:47:57	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 - As per bid document; As per bid document	648278.00	L1
2	AVIVA LIFE INSURANCE COMPANY INDIA LTD	Item Categories : Group Term Insurance Service - As per bid document; As per bid document	805382.00	L2

Ordered Items & Contract Pricing

Service	Category Name	Ordered Quantity	Price
Group Term Insurance Service - As per bid document; As per bid document	Group Term Insurance Service	1	₹ 648278.000

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