Bid Publish Date
06-Oct-2026, 11:13 am
Bid End Date
22-Oct-2026, 3:00 pm
Location
Progress
Organization: Gail India Limited. Procurement: Group Term Insurance Service for Permanent Employees covering natural death, accidental death, suicide, animal bite, and pre-existing illnesses as per tender document. No BOQ items listed and no explicit quantity; estimated value and EMD are not disclosed. Tender terms include a 25% quantity/scope variation clause and the requirement that SCC/SOW provisions override the standard GEM SLAs. Location details are not specified, but the tender is issued within the GA/GOI procurement framework, emphasizing immediate alignment with insurance service providers experienced in government-grade group policies. Key differentiator is the ATC embedded in the buyer’s document set and the emphasis on scope flexibility up to 25% prior to and after contract award. Unique aspect is the absence of technical specifications in the provided data, shifting focus to insurer qualifications and service SLAs.
EMD amount and payment terms are not disclosed in the excerpt; bidders must verify in ATC.
Contract scope may be adjusted up to 25% before/after award per Generic Clause 25.
SCC/SOW provisions override GEM SLA; ensure compliance with complete tender package.
Not specified in the provided data; verify in ATC and SCC/SOW documents.
Not specified in the provided data; procurement of insurance services typically uses policy issue timelines to be defined.
Not specified in the provided data; likely defined in ATC/SCC.
Eligibility aligned with ATC for Government/PSU insurance service providers
Experience in providing group term insurance to large organizations
Financial stability evidenced by audited statements
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
90 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
4 Days
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
No
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Arbitration Clause
No
Mediation Clause
No
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre- Existing Illnesses, AS PER TENDER DOCUMENT
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)
Pre-Bid Date
12-10-2026 11:00:00
Pre-Bid Venue
REFER TENDER DOCUMENT
Delivery Locations
1
Delivery Cities
New Delhi
Delivery Pincodes
110066
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Karthesh P | 110066,GAIL BHAWAN, 16, BHIKAIJI CAMA PLACE, R K PURAM | New Delhi | Delhi | 110066 | Project / Lumpsum Based | - | Number of People to be insured : 5302 Total Sum Insured : 5660180952 |
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Main Document
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST certificate
PAN card
Experience certificates
Financial statements
EMD/Security deposit documents (as applicable per ATC)
Technical bid documents
OEM authorizations (if required by ATC)
ATC document referenced in tender
SCC/SOW documents
Key insights about DELHI tender market
Bidders should review the ATC document and SCC/SOW, prepare GST/PAN and financials, gather insurers' credentials, and submit the technical bid along with OEM authorizations if required. Ensure readiness to honor a contract scope variation up to 25% and align with policy issuance timelines.
Mandatory documents include GST registration, PAN card, audited financial statements, experience certificates for similar group policies, EMD (as applicable), and technical bid documents; OEM authorizations may be required per ATC. Verify full list in the ATC/SCC.
The policy covers natural death, accidental death, suicide, animal bite, and pre-existing illnesses as specified in the tender documents; exact sum insured and beneficiaries will be defined in the policy terms issued after bid award.
Contract quantity or duration may be increased by up to 25% as per the bidder-specific 'OPTION CLAUSE 25%' before the contract is issued and under post-award conditions with consent for the 25% expansion.
The excerpt notes that SCC/SOW override GEM SLA; bidders must refer to ATC for any regulatory standards, insurer accreditation, and policy compliance requirements. Ensure alignment with any IS/ISO or regulatory insurance norms as stated.
Exact EMD amount and payment terms are not disclosed here; check the ATC and SCC/SOW documents for the precise figures, payment milestones, and any security deposits required.
The tender excerpt does not specify timelines; the complete ATC/SCC should define policy issuance, renewal cycles, and implementation milestones to align with organizational needs.
Confirm eligibility via ATC requirements, ensure prior experience with large-group insurance programs, demonstrate financial stability, and provide OEM authorizations if mandated by the tender terms.