Group Mediclaim Insurance Service - Permanent Employees, Staff on Probation; Hospitalization for ac
Vidharbha Konkan Gramin Bank
NAGPUR, MAHARASHTRA
Progress
Quantity
1
Bid Type
Two Packet Bid
The procuring organization is Gati Shakti Vishwavidyalaya (Railways Autonomous), located in Vadodara, Gujarat. The tender seeks Group Mediclaim Insurance Service for permanent employees, faculty, and accompanying hospitalization for accident and emergency treatments, maternity, domiciliary care, OPD, and coverage for pre-existing illnesses. Estimated value is ₹2,677,026.00 with an EMD of ₹53,550.00. The contract allows a flexible quantity/duration adjustment up to 25% at issuance and post-award, bidders must accept revisions. EMD can be submitted via DD or FD R in favor of Gati Shakti Vishwavidyalaya, Vadodara; hard copies must reach within 5 days of bid end/open date. The award process requires strict adherence to the buyer’s terms and obligates successful bidders to provide security deposits through DD or FDR. This tender lacks BOQ items and explicit product specs, highlighting the need for bidders to align with medical insurance service standards and compliance expectations. The opportunity is location-specific to Gujarat and focuses on institutional mediclaim provisioning for university employees and faculty. Unique aspects include flexible contract quantity and multi-form EMD/offer security options. The procurement aims to ensure comprehensive hospitalisation and outpatient coverage with pandemic-era clarity on pre-existing conditions.
Keywords: tender in Vadodara, Gati Shakti Vishwavidyalaya procurement, mediclaim insurance bid 2026, Gujarat government tender, ISI/ISO not specified, security deposit terms.
Insurance service category: Group Mediclaim Insurance for university employees and faculty
Coverage scope: hospitalization for accident, emergency, maternity, domiciliary care, OPD, and pre-existing illnesses
Estimated contract value: ₹2,677,026; EMD: ₹53,550
EMD modes: DD or FDR in favor of Gati Shakti Vishwavidyalaya, Vadodara
Submission: scanned proof + hard copy within 5 days
Performance security: DD or FDR; delivery within 15 days post award
EMD amount and submission method with hard copy requirement
25% quantity/duration flex clause at issue and post-award
Single-point liability and non-sub-contracting without consent
Not explicitly stated; bidders should verify standard government hospital/insurance contract payment cycles during bid finalization.
Formal policy issuance and member servicing timelines to be defined in contract; EMD and security deposit delivery within specified days.
Not specified; bidders must clarify LD provisions and service-level penalties during contracting.
Experience in mediclaim/employee health insurance provisioning
Financial stability evidenced by statutory filings
Ability to submit EMD via DD/FDR and provide performance security
Main Document
OTHER
SCOPE_OF_WORK
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Vidharbha Konkan Gramin Bank
NAGPUR, MAHARASHTRA
Regional Rural Banks (rrb)
JODHPUR, RAJASTHAN
Mahatma Jyotiba Phule Rohilkhand University (mjpru) Bareilly
BAREILLY, UTTAR PRADESH
Baroda Rajasthan Kshetriya Gramin Bank
Ajmer, RAJASTHAN
Fci Aravali Gypsum And Minerals India Limited (fagmil)
JODHPUR, RAJASTHAN
Tender Results
Loading results...
Discover companies most likely to bid on this tender
GST registration certificate
PAN card
Experience certificates in mediclaim/insurance provisioning
Financial statements (last 2–3 years)
EMD submission proof (DD/FDR or scanned DD proof)
Technical bid documents and insurer profile
OEM authorizations (if applicable)
Any applicable accreditation or license for health insurance providers
Extended Deadline
26-Feb-2026, 9:00 am
Opening Date
26-Feb-2026, 9:30 am
Key insights about GUJARAT tender market
Bidders must meet eligibility criteria for university mediclaim procurement in Vadodara, submit GST/PAN, experience certificates, financials, and EMD ₹53,550 via DD/FDR in favor of Gati Shakti Vishwavidyalaya, Vadodara; provide technical bid with insurer profile and OEM authorizations if applicable, and deliver hard copies within 5 days of bid end.
Required documents include GST certificate, PAN card, experience certificates in health insurance provisioning, latest financial statements, EMD proof (DD/FDR), technical bid documents, insurer profile, and OEM authorizations where applicable; ensure uploaded copies and hard copies meet submission deadlines.
The EMD is ₹53,550.00, payable via Account Payee DD or Fixed Deposit Receipt in favor of Gati Shakti Vishwavidyalaya, Vadodara; scanned proof must accompany the bid and the hard copy delivered within 5 days of bid end date.
Coverage includes hospitalization for accident and emergency, maternity, domiciliary treatment, OPD, and coverage of pre-existing illnesses; the policy scope targets permanent employees and faculty of the university; exact policy inclusions to be finalized with the selected insurer.
Yes, a 25% adjustment is allowed: contract quantity or duration may be increased or decreased at contract issue, and after award, adjustments up to 25% may be accepted by the bidder.
Bid submissions require uploading scanned copies plus hard copies to be delivered within 5 days of bid end/open date; ensure DD/FDR proofs accompany bid; post-award, DD/FDR or FDR security must be delivered within 15 days.
Eligible bidders include health insurance providers with corporate mediclaim experience; must submit financials, GST, PAN, and relevant certifications; must comply with Gati Shakti Vishwavidyalaya terms and obtain consent for any sub-contracting if required.
Exact payment terms are not specified in the data; bidders should confirm typical government insurance payment cycles during contract finalization and ensure invoicing aligns with policy issuance and claim settlement timelines.
Indian Institute Of Management (iim)
📍 UDHAM SINGH NAGAR, UTTARAKHAND
Indian Institute Of Management (iim)
📍 VISAKHAPATNAM, ANDHRA PRADESH
Central Warehousing Corporation (cwc)
📍 SOUTH DELHI, DELHI
Sign up now to access all documents
Main Document
OTHER
SCOPE_OF_WORK
ATC
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS