Progress
RATelangana Grameena Bank seeks a comprehensive Mediclaim Insurance Service for its Permanent Employees, Retired / Superannuated / Pensioners in Hyderabad, Telangana. The contract covers hospitalization, accident-related care, OPD, domiciliary treatments, maternity, and all pre-existing illnesses, as per the RFP scope. Estimated value is ₹170,000,000 with a potential 25% quantity/duration adjustment per the Buyer Added ATC. The procurement targets a turnkey insurance solution for bank staff and pensioners, ensuring nationwide network access and circa seamless claim processing. Unique factor is the broad coverage for pre-existing conditions and family-inclusive benefits under a single policy framework.
25% quantity/duration variation clause with bid-issue support
Lumpsum contract scope can increase up to 25% with consent
EMD amount not disclosed in the provided data
No explicit technical standards or brands specified
No payment terms are specified in the provided data; bidders must refer to the ATC and RFP for milestone payments and invoicing rules.
Delivery/implementation timelines are not published in the available data; refer to the ATC for deployment and enrollment deadlines.
No LD terms are disclosed in the data; verify in the ATC/RFP for penalty provisions related to service delivery and claims processing delays.
Eligibility criteria not fully disclosed; bidders should consult the ATC document and RFP for mandatory qualifications
Experience in providing group mediclaim insurance for large organizations favored
Financial stability and capability to support a ₹170,000,000 estimated value contract
Start
12-Oct-2026, 5:00 pm
End
13-Oct-2026, 5:00 pm
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
60 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
2 Days
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Min. Avg. Annual Turnover
6800
Experience Required
5 Year (s)
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners; Hospitalization for accident & emergency Treatments, OPD, Domiciliary treatment, Maternity, All pre-existing illness, AS PER RFP; Yes
Delivery Locations
1
Delivery Cities
Hyderabad
Delivery Pincodes
500044
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Pendurti Rajasekhar | 500044,#2-1-520, 2nd Floor, Vijayasri Sai Celestia, Street No.9, Nallakunta, Shankermutt Road, Hyderabad | Hyderabad | Telangana | 500044 | Project / Lumpsum Based | - | Please input the number to be Insured : 4829 Sum Insured (as per Insured selected) : 2322000000 |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
OEM Authorization Certificate
OEM Annual Turnover
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Key insights about TELANGANA tender market
Bidders should review the ATC document uploaded by the buyer, gather GST, PAN, experience certificates, and financials, and prepare a compliant technical bid. The contract allows a 25% scope adjustment; ensure readiness to scale coverage for employees and pensioners within the ₹170 million estimated value.
Prepare GST registration, PAN, company registration, experience certificates for group mediclaim, financial statements (last 2-3 years), EMD documentation (if applicable), and technical compliance certificates. OEM authorizations and network partner details may be required as per ATC guidance.
The scope includes hospitalization, accident/emergency hospitalization, OPD, domiciliary treatment, maternity, and all pre-existing illnesses as per RFP. Coverage applies to permanent employees, retirees, and pensioners, under a single insurance program.
Deadlines are defined in the RFP/ATC documents uploaded by the buyer. Bidders should monitor the procurement portal for the final submission date and ensure all documents, bid security (EMD), and technical/commercial bids are uploaded before the specified cutoff.
Eligibility emphasizes experience in group mediclaim for large organizations, financial stability, and compliance with bank procurement norms. Specific years of experience, turnover thresholds, and certifications will be detailed in the ATC/RFP accompanying the tender.
Payment terms are detailed in the ATC/RFP; bidders should expect milestones tied to enrollment, claim settlements, and service levels. Ensure ability to manage cash flows for a ~₹170 million contract and comply with any advance or performance-based payments described.