Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners; Hosp
N/a
NEW DELHI, DELHI
Bid Publish Date
14-Jul-2026, 6:16 pm
Bid End Date
24-Jul-2026, 7:00 pm
Value
₹4,51,36,300
Location
Progress
Quantity
2
Bid Type
Two Packet Bid
Organization: Delhi State Industrial And Infrastructure Development Corporation Limited (DSIIDC). Procurement: Group Mediclaim Insurance for Permanent Employees, Retired/Pensioners, and associated hospitalization cover; Group Personal Accident Insurance for Contract Employees. Location: Central Delhi, Delhi 110002. Estimated value: ₹45,136,300.00. Scope includes maternity, pre-existing illness coverage, domiciliary treatment, and accident/emergency hospitalization. No BOQ items are listed, but ATC terms govern submission. Unique aspect is dual coverage for government staff and contract workforce managed under a single insurance procurement.
EMD amount not disclosed in tender data; bidders should verify ATC for deposit details
Insurance provider must qualify for government procurement and underwrite mediclaim and ACCIDENT coverage in Delhi
Delivery/implementation paired to policy issuance and renewal terms per ATC; no physical delivery
Payment terms not explicitly stated in data; likely premium-based payment upon policy issuance per ATC.
Contract performance aligned with policy start date after award; renewal terms per ATC.
No explicit LD details provided; ATC may define SLA-based penalties for non-compliance or claim settlement delays.
Accredited insurance providers with Delhi/National footprint
Experience in government mediclaim and personal accident policies
Demonstrated financial stability and prior claim settlement track record
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners, SOW; SOW, Hospitalization for accident & emergency Treatments, Domiciliary treatment, Maternity, All pre-existing illness; Yes , Group Personal Accident Insurance Service - Contract Employees, Permanent Employees; SOW
Payment Timelines
Payments shall be made to the Seller within 15 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Locations
1
Delivery Cities
New Delhi
Delivery Pincodes
110001
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Shahzeb Naqvi | 110001,N-36, BOMBAY LIFE BUILDING CONNAUGHT PLACE | New Delhi | Delhi | 110001 | Project / Lumpsum Based | - | Please input the number to be Insured : 2706 Sum Insured (as per Insured selected) : 600000 |
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Main Document
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
N/a
NEW DELHI, DELHI
Indian Institute Of Technology (iit)
HARIDWAR, UTTARAKHAND
N/a
Broadcast Engineering Consultants India Limited
GAUTAM BUDDHA NAGAR, UTTAR PRADESH
Export Import Bank Of India
MUMBAI, MAHARASHTRA
Tender Results
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GST certificate
Permanent Account Number (PAN) card
Experience certificates in government mediclaim/insurance procurement
Financial statements (last 2–3 years)
EMD/Security deposit documentation (as per ATC)
Technical bid documents and compliance certificates
OEM authorizations or insurer endorsements if applicable
Company profile and turnover details for insurance sector
Key insights about DELHI tender market
Bidders should submit GST registration, PAN, financial statements, and experience certificates in government mediclaim procurement. Provide technical bid and any OEM authorizations. The ATC governs EMD amount, delivery terms, and SLA penalties. Ensure coverage includes maternity, pre-existing illnesses, and domiciliary treatment for pensioners and permanents.
Submit GST certificate, PAN card, company profile, last 2–3 years financial statements, experience certificates in government insurance, EMD details per ATC, technical bid, and insurer endorsements. OEM authorizations may be required if specifying product-specific brands in the ATC.
Coverage includes mediclaim for permanent employees, retirees, and maternity plus pre-existing illnesses; domiciliary treatment; hospitalization for accident & emergency. Group Personal Accident Insurance for contract employees is included, ensuring separate risk cover and claim processes under the same procurement.
Policy start date is determined upon award and agreement signing as per ATC. Renewal terms align with policy cycles; bidders should verify start date, escalation, and renewal conditions within the ATC to plan premiums and coverage continuity.
Eligibility requires accreditation as an insurer with Delhi/ national operations, demonstrable government mediclaim experience, robust financials, and a track record of timely claim settlements. Compliance with ATC standards and submission of all mandatory documents strengthens eligibility for award consideration.
Exact EMD details are not disclosed in the data; bidders must consult the ATC for EMD amount and mode (online/DD). Payment terms typically involve premium settlement on policy issuance with possible renewal payments as per contract terms and regulatory guidelines.
At minimum, bidders should provide GST and PAN, and demonstrate government insurance experience. ATC may require insurer endorsements and compliance with applicable regulatory standards. Specific IS/ISO standards are not listed in the data; verify in ATC for any certification needs.
Delhi State Industrial And Infrastructure Development Corporation Limited (dsiidc)
📍 CENTRAL DELHI, DELHI
N/a
📍 NEW DELHI, DELHI
N/a
📍 WEST DELHI, DELHI
Punjab And Sind Bank
📍 SOUTH DELHI, DELHI
Housing And Urban Development Corporation Ltd
📍 CENTRAL DELHI, DELHI
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Main Document
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS