Tender Details

Particulars Details
Title
Group Term Insurance Service Permanent Employees; Natural Death, Accidental Death, Suicide, Anima
Description
Organisation RURAL ELECTRIFICATION Corporation Limited | Ministry of Power
Tender Id GEM/2024/B/5153939
Reference
Number
Tender Fee
EMD
Tender Value
Place
Link https://bidplus.gem.gov.in/all-bids
Start Date July 17, 2024 17:36
End Date

01/08/2024 ( Expired 341 days ago )

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Tender Result
Tender Status: Active
Additional Information: Average Turn Over of Last 3 Years: 20 Lakhs Experience with Gov. Required: Years Project Experience Required: Yes
Buyer Details
Name: Reddy Vinodh Kumar P Papi
Address: Reddy Vinodh Kumar P Papi,[email protected],REC Limited (Formerly Rural Electrification Corporation Limited) I-4, Sector-29, Gurugram, Haryana, INDIA,GURGAON,HARYANA,122007,India,0124-4441300-5405
Ministry: Ministry Of Power
Department: Rural Electrification Corporation Limited
Organisation: Rural Electrification Corporation Limited
Office Address: Rec Limited Gurugram
Technical Evaluation
S.No. Seller Name Participated On MSE/MII Status Status
1 INDIAFIRST LIFE INSURANCE COMPANY LIMITED 08-08-2024 11:01:15 N/A Disqualified
2 Life Insurance Corporation of India 07-08-2024 22:06:00 N/A Qualified
3 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED 01-08-2024 12:53:15 N/A Qualified
Financial Evaluation
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, Accidental death, Suicide, Anima 1666299.65 L1
2 STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED Item Categories : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima 2285492.66 L2

Contract Details

Contract Status:
Order Accepted
Seller:
Life Insurance Corporation of India
Buyer Designation:
AMPCM
Buying Mode:
Bid/RA
Contract Date:
2024-08-23 04:25:00 +0530
Contract Amount:
1666299.65
Service Category Name Ordered Quantity Price
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses Group Term Insurance Service 539 ₹ 1666299.650
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