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Contract Bidding Open For Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes in LUCKNOW, UTTAR PRADESH

Bid Publish Date

04-Feb-2025, 5:59 pm

Bid End Date

03-Mar-2025, 4:00 pm

Value

₹1,50,00,000

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Progress

Issue04-Feb-2025, 5:59 pm
Technical25-02-2025 13:41:36
Financial
AwardCompleted

A tender has been published for Small Industries Development Bank Of India (sidbi) Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes in LUCKNOW, UTTAR PRADESH. Quantity: 696 by. Submission Deadline: 03-03-2025 16: 00: 00. Check eligibility and apply.

Technical Results

S.No Seller Date Status
1
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
25-02-2025 13:41:36
2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
01-03-2025 11:11:55
3
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
03-03-2025 14:31:35

Financial Results

Rank Seller Price Item
L1
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes
L2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes
L3
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes

Tender Data

Bid Details

Quantity

696

Bid Type

Two Packet Bid

Bid Validity

90 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Requirements

Experience Required

5 Year (s)

Arbitration Clause

No

Mediation Clause

No

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; OPD; Yes

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENTSMALL INDUSTRIES DEVELOPMENT BANK OF INDIA

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Documents 5

GeM-Bidding-7476474.pdf

Main Document

Other Documents

OTHER

Technical Specification/Buyer Specification Document

TECHNICAL

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Corrigendum Updates

2 Updates
#1

Update

25-Feb-2025

Extended Deadline

03-Mar-2025, 10:30 am

Opening Date

03-Mar-2025, 11:00 am

#2

Update

13-Feb-2025

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

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

4

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

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

What are the eligibility requirements for Group Mediclaim Insurance Service?

The eligibility requirements include being a registered entity with the necessary licensing. Bidders must have a minimum of 5 years of relevant experience in providing insurance services, specifically related to retired personnel or pensioners.

What certificates are required to bid for Group Mediclaim Insurance Service?

Bidders need to submit an array of required certificates, including evidence of past experience and financial stability. Specific details regarding necessary certificates are provided in the tender documents to ensure compliance during the evaluation phase.

How do I register to participate in the bidding for Group Mediclaim Insurance Service?

To register for the bidding process, interested parties must complete the registration process outlined in the tender documentation. This process includes submitting required documentation in specified formats. Bidders must ensure they adhere strictly to the submission guidelines to be eligible.

What is the Earnest Money Deposit (EMD) for Group Mediclaim Insurance Service?

Potential bidders are required to provide an Earnest Money Deposit (EMD), which acts as a security during the bidding process. The amount and terms regarding the EMD are detailed in the tender documentation, providing clarity on payment conditions and refund policies.

What benefits are available for MSEs bidding on Group Mediclaim Insurance Service?

Bidders from Micro, Small, and Medium Enterprises (MSEs) are provided with specific benefits as part of this tender. These may include prioritization in evaluation, reduced financial criteria, and exemptions from certain requirements. Detailed information can be found within the tender documentation to ensure understanding and compliance with these provisions.