This government tender offers a significant opportunity for insurance providers to supply Group Health Insurance and General Insurance Policies to the U N Mehta Institute of Cardiology and Research Centre in Ahmedabad. The project emphasizes comprehensive coverage, timely claims processing, and adherence to government standards. Bidders must meet strict eligibility criteria, including valid digital certification and relevant experience in health and general insurance services. The tender process involves technical and price evaluation stages, with a focus on transparency and fairness. The selected insurer will provide essential health and asset coverage for 12 months, ensuring the institute’s operational efficiency and staff well-being. This is an ideal opportunity for reputed insurance companies seeking to expand their government sector portfolio and demonstrate their commitment to quality service delivery in the healthcare domain.
Government Tender for Group Health & General Insurance Policy at U N Mehta Institute
Progress
Tender Type
Open
Sector
Health, Family Welfare & Medical
Contract Form
Works
Completion Period
12 Months
Currency Type
Single
Categories
2
Scope Of Work
The scope of work includes:
- Providing comprehensive Group Health Insurance coverage for eligible institute staff and their dependents.
- Offering General Insurance Policy for institute assets, equipment, and infrastructure.
- Ensuring timely claim settlement and customer support.
- Maintaining compliance with government regulations and insurance standards.
Key deliverables:
- Customized insurance plans tailored to institute needs.
- Regular policy reviews and updates.
- Provision of insurance certificates and documentation.
Process steps:
- Submission of technical bid with all required documents.
- Technical evaluation by the institute.
- Price bid submission for qualified bidders.
- Final award based on evaluation criteria.
| Specification | Details |
|---|---|
| Policy Duration | 12 Months |
| Coverage Type | Health & General Insurance |
| Certification | Valid Digital Certificate (as per IT Act-2000) |
Bidders must ensure all documents, including the filled Technical Compliance Sheet, are submitted online before the deadline.
Technical Specifications
The technical specifications include:
| Parameter | Requirement |
|---|---|
| Policy Duration | 12 Months |
| Certification | Digital Certificate compliant with IT Act-2000 |
| Claim Settlement | Within 30 days of claim submission |
| Documentation | Digital certificates, technical compliance sheet, and supporting documents |
Sequential process:
- Submit the filled Technical Compliance Sheet online.
- Undergo technical evaluation.
- Qualify for price bid submission.
- Final selection based on evaluation scores.
Bidders should ensure technical compliance with all specified parameters for successful evaluation.
Financial Requirements
The estimated budget for this project ranges from ₹50 lakh to ₹1 crore, depending on the scope and coverage options selected. The financial breakdown includes:
| Cost Component | Estimated Cost |
|---|---|
| Premium Costs | Variable based on policy coverage |
| Administrative Charges | As per bid proposal |
| Claim Processing Fees | Included in premium |
Payment terms:
- Initial payment upon contract signing.
- Progress payments based on milestones.
- Final payment after successful policy implementation.
Bidders must submit detailed financial proposals aligned with the tender guidelines, ensuring transparency and competitiveness.
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Eligibility Criteria
✓ Must have valid digital certification as per the IT Act-2000.
✓ Proven experience in providing health and general insurance policies to government or reputed private institutions.
✓ Submission of Technical Compliance Sheet (Excel format) duly filled.
✓ Demonstrated ability to handle claims efficiently and provide prompt customer support.
| Qualification Criteria | Details |
|---|---|
| Experience | Minimum 3 years in health and general insurance services |
| Financial Stability | Turnover of at least ₹10 crore in the last financial year |
| Certification | Valid Digital Certificate issued by a licensed Certifying Authority |
| Submission of | Necessary documents as specified in the tender guidelines |
Note: Bidders must meet all eligibility requirements to qualify for the technical evaluation.
Bidding Process
Process Timeline
09-12-2025 15:30
Required Forms
Technical
Technical bid
User Defined Template-Standard
Price
PRICE BID FOR GROUP HEALTH INSURANCE & GENERAL INSURANCE POLICY FOR UNMICRC
User Defined Template-Secured
Required Documents
Stage - Technical Bid Evaluation Stage
Technical Compliance Sheet (Excel file) must be filled and submitted online
RequiredFrequently Asked Questions
Key insights about GUJARAT tender market
What is the deadline for bid submission?
The bid submission deadline is 09-12-2025 at 15:00 hours. Bidders must upload all required documents before this time to ensure their bids are considered.
What documents are required for technical evaluation?
Bidders must submit a filled Technical Compliance Sheet (Excel format) online, along with digital certificates and supporting documents as specified in the tender guidelines. These are mandatory for technical evaluation.
How can I participate in the online bidding process?
Participants need to procure a valid Digital Certificate issued by a licensed Certifying Authority. They can attend vendor training sessions organized weekly at (n)Code Solutions, Ahmedabad, or contact support at +91-79-40007517 for assistance with bid submission procedures.
What is the scope of the insurance coverage?
The scope includes Group Health Insurance for institute staff and dependents, and General Insurance for assets and infrastructure. The coverage must meet the specifications outlined in the tender documents, with efficient claim settlement processes.
Who can I contact for further queries?
For any questions, contact the Tender Department at U N Mehta Institute via email at [email protected] or call 9316752171. Support is available during official working hours.
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Documents 4
TED-Insurance.pdf
TENDER_DOCUMENT
Technical Compliance Sheet.xls
BOQ
Claim Analysis.pdf
TENDER_DOCUMENT
Portfolio Analysis Report.pdf
TENDER_DOCUMENT
TED-Insurance.pdf
TENDER_DOCUMENT
Technical Compliance Sheet.xls
BOQ
Claim Analysis.pdf
TENDER_DOCUMENT
Portfolio Analysis Report.pdf
TENDER_DOCUMENT
