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Bids are Invited For Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid in BHARUCH, GUJARAT

Bid Publish Date

27-Jun-2025, 4:01 pm

Bid End Date

17-Jul-2025, 2:00 pm

Location

BHARUCH , GUJARAT
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Progress

RA
Issue27-Jun-2025, 4:01 pm
Reverse AuctionCompleted
Award21-Aug-2025, 12:01 am
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Quantity

1

Bid Type

Two Packet Bid

Categories 2

INSURANCE SERVICE ACCIDENTAL INSURANCE

N/a has released a public tender for Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, AS PER TENDER DOCUMENT in BHARUCH, GUJARAT. Quantity: 1. Submission Deadline: 17-07-2025 14: 00: 00. Download documents and apply online.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, AS PER TENDER DOCUMENT

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GAS

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Documents 6

GeM-Bidding-7990965.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC)

3

Additional Doc 2 (Requested in ATC)

4

Additional Doc 3 (Requested in ATC)

5

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

6

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer

Corrigendum Updates

2 Updates
#1

Update

09-Jul-2025
#2

Update

09-Jul-2025

Reverse Auction Schedule

Completed

Start

28-Jul-2025, 11:00 am

End

30-Jul-2025, 1:00 pm

Duration: 50 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
BAJAJ GENERAL INSURANCE LIMITED   Under PMA
16-07-2025 15:49:33
2
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
17-07-2025 10:52:25
3
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 13:52:21
4
INDUSIND GENERAL INSURANCE COMPANY LIMITED   Under PMA
16-07-2025 12:37:44
5
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
17-07-2025 11:03:28
6
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 13:27:59
7
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
16-07-2025 13:09:15

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA Winner ₹5,74,507Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid
L2GO DIGIT GENERAL INSURANCE LIMITED   Under PMA₹5,80,311Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid
L3ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA₹7,21,703Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid
L4THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA₹7,28,870Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid
L5THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA₹11,74,100Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid
L6RELIANCE GENERAL INSURANCE COMPANY LIMITED   Under PMA₹18,13,471Item Categories : Group Personal Accident Insurance Service - Permanent Employees, AS PER TENDER DOCUMENT; Only accid

🎉 L1 Winner

UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA

Final Price: ₹5,74,507

Contract / Result Documents 1

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