Group Personal Accident Insurance Service - Permanent Employees, AS PER RFP; Only accidental death
Punjab And Sind Bank
SOUTH DELHI, DELHI
Bid Publish Date
12-Dec-2024, 5:19 pm
Bid End Date
02-Jan-2025, 3:00 pm
Location
Progress
Quantity
2530
Bid Type
Two Packet Bid
Public procurement opportunity for Department Of Posts Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes, Group Personal Accidental Insurance Service - Permanent Employees, As per RFP; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, As per RFP in CENTRAL DELHI, DELHI. Quantity: 2530 issued by. Submission Deadline: 02-01-2025 15: 00: 00. View full details and respond.
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes , Group Personal Accidental Insurance Service - Permanent Employees, As per RFP; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities, As per RFP
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Main Document
BOQ
OTHER
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Punjab And Sind Bank
SOUTH DELHI, DELHI
Andhra Pradesh Grameena Bank
GUNTUR, ANDHRA PRADESH
Indian Institute Of Management (iim)
GAYA, BIHAR
Department Of Posts
CENTRAL DELHI, DELHI
N/a
WEST DELHI, DELHI
Tender Results
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Certificate (Requested in ATC)
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
Extended Deadline
09-Jan-2025, 3:00 pm
Opening Date
09-Jan-2025, 3:30 pm
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:29:42 | |
| 2 | FUTURE GENERALI INDIA INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:14:55 | |
| 3 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 11:06:29 | |
| 4 | MAGMA HDI GENERAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:23:44 | |
| 5 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 13:10:35 | |
| 6 | RELIANCE GENERAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:54:21 | |
| 7 | STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 13:02:34 | |
| 8 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:11:42 | |
| 9 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 09-01-2025 14:22:00 |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | CHOLAMANDALAM MS GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal | |
| L2 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal | |
| L3 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal | |
| L4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal | |
| L5 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal |
Key insights about DELHI tender market
The eligibility requirements include being a registered entity recognized by relevant authorities, possessing necessary certifications, and for bidders seeking exemptions, adequate supporting documents must be uploaded to prove eligibility.
Bidders must provide insurance-related certificates as requested in the Addendum to Tender Conditions (ATC). Additional certificates may also be required depending on specific qualifications.
Bidders need to register on the GeM portal, ensuring to fill all required details and provide necessary documentation as specified in the tender documentation.
Bidders are required to submit documents mainly in PDF format and financial bids in Excel format, ensuring all supporting documentation is clearly labeled.
The insurance service must cover permanent employees, their dependents, and encompass hospitalization, outpatient treatment, and necessary medical aids as per the RFP, ensuring comprehensive care.
Bidders must meet industry standards and insurance regulatory requirements, ensuring compliance with all relevant laws and guidelines governing insurance services.
Yes, all bidders must comply with the Make in India policies and relevant procurement regulations to ensure legitimacy and adherence to governmental standards.
Bids are evaluated based on total value, compliance with technical and financial documentation, and overall effectiveness of insurance offerings in meeting specified needs.
The EMD requirement is waived for this tender, allowing broader access for bidders without financial barriers at the outset of the bidding process.
No, a performance security deposit is not mandated under this tender, thus simplifying the financial obligations for participating bidders.
Payment terms specify that premium payments should be made annually, adhering to the coverage terms negotiated in the winning bid.
Price evaluation is done based on the total value of the bids submitted, ensuring that the most competitive bid emerges based on an overall assessment.
Bidders will be notified through the GeM portal upon conclusion of the evaluation process, where results will be published for transparency.
MSEs may receive purchase preferences during the evaluation process if their bids fall within a defined margin compared to the lowest bid, promoting equal opportunities.
Startups are not granted exemptions for experience or turnover in this tender; however, they can participate under general eligibility requirements provided that they meet specified criteria.
Yes, the tender adheres to local content and procurement rules as mandated by the Government of India, ensuring alignment with policies promoting domestic participation.
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Main Document
BOQ
OTHER
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS