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Tender Notice for Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC in FARIDABAD, HARYANA

Bid Publish Date

25-Jun-2025, 2:40 pm

Bid End Date

16-Jul-2025, 3:00 pm

Progress

Issue25-Jun-2025, 2:40 pm
Technical16-07-2025 12:50:38
Financial
Award19-Aug-2025, 12:49 am
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Quantity

1

Bid Type

Two Packet Bid

Categories 2

Nhpc Limited invites bids for Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC Employee HBA Group Insurance Scheme for a period of one year that is from 14 SEPTEMBER 2025 TO 13 SEPTEMBER 2026 for SUM INSURED OF RS 2597364645; As. . in FARIDABAD, HARYANA. Quantity: 1. Submission Deadline: 16-07-2025 15: 00: 00. Submit your proposal before the deadline.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC Employee HBA Group Insurance Scheme for a period of one year that is from 14 SEPTEMBER 2025 TO 13 SEPTEMBER 2026 for SUM INSURED OF RS 2597364645; As..

Authority Records

MINISTRY OF POWERNATIONAL HYDROELECTRIC POWER CORPORATION LIMITED

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Documents 5

GeM-Bidding-8009695.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Additional Doc 1 (Requested in ATC)

2

Additional Doc 2 (Requested in ATC)

3

Additional Doc 3 (Requested in ATC)

4

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

5

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

Technical Results

S.No Seller Date Status
1
AVIVA LIFE INSURANCE COMPANY INDIA LTD   Under PMA
16-07-2025 12:50:38
2
SHRIRAM LIFE INSURANCE COMPANY LIMITED   Under PMA
15-07-2025 19:26:40
3
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED   Under PMA
16-07-2025 14:13:56

Financial Results

Rank Seller Price Item
L1
STAR UNION DAI-ICHI LIFE INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC
L2
AVIVA LIFE INSURANCE COMPANY INDIA LTD   Under PMA
Item Categories : Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC
L3
SHRIRAM LIFE INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Term Insurance Service - Insurance coverage for outstanding House Building Advance under NHPC

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about HARYANA tender market

What are the eligibility requirements for this Group Term Insurance Service tender?

The eligibility requirements include being a registered entity, possessing valid licenses to operate in the insurance sector, and presenting a track record of managing similar high-value group insurance services. Bidders must also comply with regulatory standards applicable to the insurance industry.

What certificates are required to submit in this tender?

Bidders are required to provide relevant certificates that showcase their licensing and registration as an insurance provider. This may include professional certifications, adherence to regulatory standards, and any certifications proving past performance in related insurance services.

How can I register to participate in this tender?

To register for participation, interested bidders must follow the registration process outlined on the designated procurement platform. This generally involves creating a user account, submitting the necessary documentation, and agreeing to the terms and conditions stated for participation.

What formats are accepted for document submissions?

Documents must be submitted in specified formats as outlined in the tender documentation. Typically, accepted formats may include PDF, Word, or Excel, ensuring that all submissions maintain clarity and integrity. It is essential to adhere to the formatting requirements to avoid disqualification.

What are the benefits provided for MSEs under this tender?

Micro, Small, and Medium Enterprises (MSEs) may be eligible for special provisions within this tender, promoting their participation. Benefits may include relaxed financial criteria, potential price advantages, and support aimed at increasing the competitive edge of these businesses in the procurement process.