Closed 16 Feb 2024

Group Term Insurance Service - Permanent Employees; Natural death

Department of Fertilizers | Ministry of Chemicals and Fertilizers

Original notice

This tender closed on 16 Feb 2024. 10 tenders like it are open now.

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Tender details

Tender ID
GEM/2024/B/4564341
Reference number
–
Organisation
Department of Fertilizers | Ministry of Chemicals and Fertilizers
Location
–
Bids open
1 Feb 2024, 2:55 PM
Bids close
16 Feb 2024, 3:00 PM
Tender value
–
EMD
–
Tender fee
–

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

Award of Contract & Bid Results

Awarded Contractor / Winner

Life Insurance Corporation of India

Contract Value

6743110

Tender Status: active
Additional Information: Average Turn Over of Last 3 Years: Lakhs Experience with Gov. Required: Years Project Experience Required: No
Buyer Name: Swati Kukreja
Ministry: Ministry Of Chemicals And Fertilizers
Department: Department Of Fertilizers
Organisation: National Fertilizers Limited (nfl)

Technical Evaluation Results

S.No. Seller Name Participated On MSE/MII Status Status
1 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED 16-02-2024 14:42:48 N/A Qualified
2 Life Insurance Corporation of India 15-02-2024 19:17:48 N/A Qualified
3 MAX LIFE INSURANCE COMPANY LIMITED 13-02-2024 15:01:12 N/A Disqualified
4 SHRIRAM LIFE INSURANCE COMPANY LIMITED 16-02-2024 13:39:38 N/A Qualified

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; Natural death 6743110.00 L1
2 ADITYA BIRLA SUN LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death 9824499.00 L2
3 SHRIRAM LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death 12164467.00 L3

Ordered Items & Contract Pricing

Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees; Natural death Group Term Insurance Service 1 ₹ 6743110.000

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