Bid Publish Date
23-Feb-2026, 9:24 am
Bid End Date
05-Mar-2026, 10:00 am
Value
₹42,700
Progress
Quantity
1
Bid Type
Single Packet Bid
This procurement by the Higher Education Department, Jammu and Kashmir, seeks Group Personal Accident Insurance Service for students, covering accidental death, permanent total disability, and permanent partial disability. Estimated value is ₹42,700. The contract allows a 25% adjustment in quantity or duration at issue and post-award. The service provider must maintain a local presence in the consignees’ state (Jammu & Kashmir) and provide dedicated service support with a toll-free number and escalation matrix. The objective is reliable student accident coverage through an insured risk pool, with compliance to ATC/corrigendum if any. This tender emphasizes continuous service, liability alignment, and post-award accessibility for beneficiaries and institutions.
Product/service names: Group Personal Accident Insurance for students
Coverage: accidental death, permanent total disability, permanent partial disability
Estimated value: ₹42,700
Delivery/location: service support presence required in Jammu and Kashmir
Experience evidence: contract copies, execution certificates, or third-party notes
Compliance: upload ATC and corrigendum if issued
25% quantity/duration adjustment allowed at contract issuance and post-award
No subcontracting without prior written consent; joint liability retained
Local service office requirement in Jammu and Kashmir with toll-free support
Escalation matrix for service support must be provided
Mandatory submission of specified certificates and past experience proofs
Not explicitly stated in provided data; bidders should verify standard government insurance payment terms and milestone payments with the buyer.
Not specified; ensure clarity on coverage start date, claim processing timelines, and effective date of insurance.
No LD details provided; bidders should seek explicit SLAs for service response times and claim settlement targets.
Demonstrated past experience in providing student group personal accident insurance or similar group insurance
Financial capability to support insurance procurement and servicing
Presence of local office in Jammu and Kashmir with toll-free support
Main Document
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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GST registration certificate
PAN card
Past experience documents (contract copies with invoices or execution certificates)
Financial statements or proof of financial capability
Insurer/agency authorization or OEM authorization (if applicable)
Technical compliance certificates and ATC/Corrections (if any)
Proof of local office in Jammu and Kashmir
Dedicated toll-free service details and escalation matrix
Bidders must submit GST, PAN, past experience proofs, and financial statements, along with insurer authorization if applicable. Ensure local office presence in Jammu and Kashmir, provide toll-free support details and escalation matrix, and upload ATC documents. The contract allows a 25% quantity/duration adjustment at issue.
Required documents include GST registration, PAN card, past contract copies with invoices or execution certificates, financial statements, insurer/OEM authorizations, ATC/Corrigendum, and proof of local service office in Jammu and Kashmir for eligible bidders.
The scope covers accidental death, permanent total disability, and permanent partial disability for students. The estimated contract value is ₹42,700, with no BOQ items defined; verify policy limits, exclusions, and claim procedures with the insurer.
The buyer may adjust contract quantity or duration by up to 25% at the time of issue and post-award. Bidders must agree to revised quantities or durations and adjust pricing and service delivery accordingly.
Bidders must establish a local service office in Jammu and Kashmir, provide a dedicated toll-free number, and present an escalation matrix with contact details to ensure rapid claim and service handling.
Acceptable proofs include contract copies with invoices, execution certificates by clients, or third-party inspection release notes. These documents must demonstrate project value and relevance to insurance provisioning or similar services.
No explicit penalties or LD details are specified in the provided data. Bidders should seek clear SLA targets for response times and claim settlement and request corresponding liquidated damages terms during final negotiations.
No specific standard codes (IS/ISO) are listed in the data. Bidders should confirm applicable regulatory and insurance compliance requirements with the buyer and ensure all certificates and ATC documents are uploaded.
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Main Document
OTHER
SCOPE_OF_WORK
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS