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GEM

Open Tender for Group Mediclaim Insurance Service - Permanent Employees, As per RFP; As per RFP; Yes,Group Personal in CENTRAL DELHI, DELHI

Bid Publish Date

12-Dec-2024, 5:19 pm

Bid End Date

02-Jan-2025, 3:00 pm

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Progress

Issue12-Dec-2024, 5:19 pm
Technical01-Sep-2025, 2:29 pm
Financial
AwardCompleted
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Quantity

2530

Bid Type

Two Packet Bid

Categories 3

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.

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, 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

Authority Records

MINISTRY OF COMMUNICATIONSPOSTS DEPARTMENT
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Documents 7

GeM-Bidding-7234172.pdf

Main Document

BOQ Document

BOQ

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Past Similar Tenders (Historical Results)

5 found

Group Personal Accident Insurance Service - Permanent Employees, AS PER RFP; Only accidental death

Punjab And Sind Bank

SOUTH DELHI, DELHI

Posted: 7 April 2026
Closed: 30 April 2026
GEM

Andhra Pradesh Grameena Bank Group Personal Accident Insurance Tender 2026 Andhra Pradesh - ACCIDENT INSURANCE ISO/IS 550 2026

Andhra Pradesh Grameena Bank

GUNTUR, ANDHRA PRADESH

Posted: 2 April 2026
Closed: 23 April 2026
GEM

Group Mediclaim Insurance Service - Permanent Employees, Contract Employees, AS PER SOW ENCLOSED; H

Indian Institute Of Management (iim)

GAYA, BIHAR

Posted: 26 February 2025
Closed: 23 April 2025
GEM

Group Mediclaim Insurance Service - Permanent Employees; As per RFP; Yes,Group Personal Accident In

Department Of Posts

CENTRAL DELHI, DELHI

Posted: 16 December 2025
Closed: 9 January 2026
GEM

Group Personal Accident Insurance Service - Permanent Employees; As per RFP

N/a

WEST DELHI, DELHI

Posted: 23 July 2025
Closed: 11 August 2025
GEM

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

24-Dec-2024
#2

Update

24-Dec-2024

Extended Deadline

09-Jan-2025, 3:00 pm

Opening Date

09-Jan-2025, 3:30 pm

Technical Results

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

Financial Results

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

Frequently Asked Questions

Key insights about DELHI tender market

What are the eligibility requirements for GEM/2024/B/5693438?

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.

What certificates are required for participation in the tender?

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.

How do I register to bid for this tender?

Bidders need to register on the GeM portal, ensuring to fill all required details and provide necessary documentation as specified in the tender documentation.

What document formats are accepted for submission?

Bidders are required to submit documents mainly in PDF format and financial bids in Excel format, ensuring all supporting documentation is clearly labeled.

What technical specifications are outlined for the insurance service?

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.

What quality standards must be adhered to in these bids?

Bidders must meet industry standards and insurance regulatory requirements, ensuring compliance with all relevant laws and guidelines governing insurance services.

Are there compliance requirements for the tender?

Yes, all bidders must comply with the Make in India policies and relevant procurement regulations to ensure legitimacy and adherence to governmental standards.

What criteria are used for testing the bids' viability?

Bids are evaluated based on total value, compliance with technical and financial documentation, and overall effectiveness of insurance offerings in meeting specified needs.

What is the Earnest Money Deposit (EMD) for this tender?

The EMD requirement is waived for this tender, allowing broader access for bidders without financial barriers at the outset of the bidding process.

Is performance security required for the successful bidder?

No, a performance security deposit is not mandated under this tender, thus simplifying the financial obligations for participating bidders.

What are the payment terms defined in the tender?

Payment terms specify that premium payments should be made annually, adhering to the coverage terms negotiated in the winning bid.

How are prices evaluated amongst bidders?

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.

How will bidders be notified of results?

Bidders will be notified through the GeM portal upon conclusion of the evaluation process, where results will be published for transparency.

What benefits are available for MSEs?

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.

Are there special provisions for startups?

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.

Does this tender comply with local procurement rules?

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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