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Open Tender for Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As p in LUCKNOW, UTTAR PRADESH

Bid Publish Date

02-Jan-2025, 5:37 pm

Bid End Date

21-Jan-2025, 4:00 pm

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Progress

Issue02-Jan-2025, 5:37 pm
Technical21-01-2025 19:42:02
Financial
AwardCompleted
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Quantity

7174

Bid Type

Two Packet Bid

Categories 2

Aryavart Bank has released a public tender for Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As per tender document; Hospitalization for accident & emergency Treatments, Domiciliary treatment, Maternity, All pre- existing illness, As per tender docu. . in LUCKNOW, UTTAR PRADESH. Quantity: 7174. Submission Deadline: 21-01-2025 16: 00: 00. Download documents and apply online.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As per tender document; Hospitalization for accident & emergency Treatments, Domiciliary treatment, Maternity, All pre- existing illness, As per tender docu..

Authority Records

MINISTRY OF FINANCEARYAVART BANK

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Documents 3

GeM-Bidding-7328684.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Certificate (Requested in ATC)

3

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

4

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

Corrigendum Updates

3 Updates
#1

Update

22-Jan-2025

Extended Deadline

23-Jan-2025, 5:00 pm

Opening Date

23-Jan-2025, 5:30 pm

#2

Update

21-Jan-2025

Extended Deadline

22-Jan-2025, 3:00 pm

Opening Date

22-Jan-2025, 3:30 pm

#3

Update

09-Jan-2025

Technical Results

S.No Seller Date Status
1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
21-01-2025 19:42:02
2
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
23-01-2025 14:23:18
3
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
22-01-2025 11:41:04

Financial Results

Rank Seller Price Item
L1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As p
L2
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As p
L3
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, As p

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

What are the eligibility requirements for Group Mediclaim Insurance Services?

The eligibility requirements include being a registered insurance service provider with a minimum of 3 years of relevant experience. Bidders must also submit necessary certificates validating their capabilities and compliance.

What certificates are required for submission?

Bidders must provide certificates that demonstrate their experience and compliance with relevant laws. Any additional certificates as detailed in the ATC must also be included.

What is the registration process to participate in this tender?

The registration process involves registering on the official Gem portal, submitting required documents, and ensuring compliance with eligibility criteria outlined in the tender documentation.

What formats are accepted for document submission?

Bidders are required to submit their documents in PDF format. All submissions should be clear and legible, ensuring all necessary information is accessible for evaluation.

What are the technical specifications for the insurance coverage?

The technical specifications include comprehensive coverage that encompasses hospitalization for accidents, domiciliary treatment, maternity, and medicines for pre-existing conditions. Bidders must ensure their proposal meets these criteria.

What quality standards must be met by the bidders?

Bidders must comply with all applicable industry standards for medical insurance, demonstrating high-quality customer service and efficient claims management. Compliance with regulatory standards is mandatory.

What are the compliance requirements for this tender?

Compliance requirements include adherence to legal regulations, provision of comprehensive insurance coverage, and maintaining necessary certifications as requested in the tender.

What are the Earnest Money Deposit (EMD) details?

Details pertaining to the Earnest Money Deposit (EMD) are outlined in the tender documents. Bidders need to assure the validity of their proposals by submitting the EMD as specified.

What are the performance security requirements?

Bidders must provide a performance security deposit as indicated in the tender terms. This requirement is crucial to ensure the successful implementation of the service without defaults.

How are payment terms structured in this tender?

Payment terms typically involve submitting billing after service delivery, with specific timelines mentioned in the contract following the award of the tender.

What considerations are incorporated for price evaluation?

The price evaluation considerations will focus on providing the best overall value in terms of quality of service, comprehensiveness of coverage, and cost-effectiveness as presented in the bid.

By what methods can bids be submitted?

Bids must be submitted through the official Gem portal, adhering to the guidelines outlined in the tender documentation. Both technical and financial bid should comply with submission requirements.

What are the key timelines and deadlines for this tender?

Specific timelines and deadlines for bid submission, evaluation, and notifications of results will be communicated in the tender documents. It is crucial for bidders to remain alert to these deadlines.

What benefits do MSEs receive in this tender?

Micro, Small, and Medium Enterprises (MSEs) benefit from exemptions regarding years of experience and other criteria, provided they submit supporting documentation to validate eligibility.

Are there provisions for startups in this tender?

Yes, startups can avail exemptions from certain experience criteria as outlined in the tender. Proper documentation must be included in the submission for verification.

How does this tender comply with 'Make in India' policies?

This tender aims to support local suppliers and services, in line with the 'Make in India' initiative, encouraging domestic manufacturing and services to foster economic growth.

What are the local content and procurement rules applicable to this tender?

Bidders are encouraged to align with local content rules, ensuring that the service provision not only complies with national regulations but also contributes to local economies and employment opportunities.

This comprehensive FAQ section aims to address common queries while providing clear and actionable insights for potential bidders engaging in the Group Mediclaim Insurance Service tender.