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GEM

Contract Bidding Open For Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Member in MUMBAI, MAHARASHTRA

Bid Publish Date

24-Dec-2024, 1:34 pm

Bid End Date

13-Jan-2025, 3:00 pm

Value

₹6,87,64,500

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Progress

Issue24-Dec-2024, 1:34 pm
Technical13-01-2025 14:19:46
Financial
AwardCompleted
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 2

A tender has been published for Bharat Petroleum Corporation Ltd Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Members of Smartfleet Loyalty Program in MUMBAI, MAHARASHTRA. Quantity: 1 by. Submission Deadline: 13-01-2025 15: 00: 00. Check eligibility and apply.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Members of Smartfleet Loyalty Program

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASBHARAT PETROLEUM CORPORATION LTD
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Documents 6

GeM-Bidding-7287911.pdf

Main Document

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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5 found

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Indian Institute Of Management Udapur Rajasthan Mediclaim & Personal Accident Insurance Tender 2026

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UDAIPUR, RAJASTHAN

Posted: 20 February 2026
Closed: 18 March 2026
GEM

Required Documents

1

Certificate (Requested in ATC)

2

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

3

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

Corrigendum Updates

2 Updates
#1

Update

04-Jan-2025
#2

Update

24-Dec-2024

Extended Deadline

13-Jan-2025, 3:00 pm

Opening Date

13-Jan-2025, 3:30 pm

Technical Results

S.No Seller Date Status
1
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
13-01-2025 14:19:46
2
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
10-01-2025 17:36:30
3
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
09-01-2025 11:17:31
4
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
10-01-2025 16:28:45

Financial Results

Rank Seller Price Item
L1
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Member
L2
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Member
L3
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Member
L4
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
Item Categories : Custom Bid for Services - Providing services of Group Personal Accident Insurance Policy for Member

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

What are the eligibility requirements for the GEM/2024/B/5741368 tender?

The eligibility requirements include being a registered entity capable of providing the specified services. Bidders must also submit required certificates and documentation as detailed in the additional terms and conditions.

Are there any required certificates for bidding on this tender?

Yes, bidders must submit certificates as specified in the Additional Terms and Conditions (ATC) outlined in the bidding documents to demonstrate compliance with eligibility criteria.

What is the registration process for participating in this tender?

The registration process involves creating an account on the GeM platform, providing necessary documentation as per the tender requirements, and completing all necessary certifications and validations.

What document formats are accepted for submission?

All required document formats must adhere to electronic submissions as specified in the tender. Bidders must ensure that all documents are provided in the formats outlined within the tender documentation.

What are the technical specifications required for this insurance policy?

Bidders should comply with the technical specifications outlined, including regulatory compliance and adherence to the Scope of Work (SOW) and Service Level Agreements (SLA) stipulated in the tender.

Are there any specific quality standards mandated for this service?

Yes, the services offered must meet all relevant quality standards as required by the regulatory authorities and the specific conditions compiled in the scope of work for the insurance policy.

What are the compliance requirements for participating in this tender?

All bids must demonstrate compliance with the General Terms and Conditions of GeM and any specific additional terms provided under this tender.

Could you explain the Earnest Money Deposit (EMD) details for this tender?

There is no Earnest Money Deposit (EMD) required for this bid as per the specified conditions within the tender documentation.

What is the performance security requirement for the awarded service?

As noted in the documents, a performance security is not a requirement for this specific bid, negating the necessity for upfront deposits associated with performance guarantees.

What are the payment terms indicated in the bidding process?

Payment terms must adhere to the provisions specified in the tender documents available through the GeM portal, detailing the mechanisms and timelines for financial transactions.

How will pricing evaluation be conducted?

Price evaluation considerations will be based on total value-wise evaluation, ensuring that bids are assessed for their overall financial relevance in relation to the bid value.

What submission methods are permitted for this tender?

All submissions must be carried out electronically through the GeM portal. Physical document submissions are not permitted unless specified otherwise.

What are the key timelines and deadlines for this tender?

Key timelines for submission and evaluations are detailed in the tender document. Bidders should ensure that all submissions are made within the outlined periods to guarantee consideration.

How does the evaluation and selection process work?

Bids will undergo a rigorous evaluation against the technical specifications and financial requirements stipulated in the tender. An L-1 methodology will be applied for selecting successful bidders.

When will the results of the bidding process be notified?

Results will be communicated to bidders as per the announcements made in line with the evaluation process outlined in the tender documentation, ensuring transparency and fairness.

What are the benefits for Micro, Small, and Medium Enterprises (MSEs) in this tender?

MSEs can availed of preferences as defined under the Public Procurement Policy, promoting fairness and supporting small businesses within the procurement process.


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