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Tender Notice for Group Term Insurance Service - Permanent Employees; Insurance Coverage of Outstanding Multipurpose in FARIDABAD, HARYANA

Bid Publish Date

03-Oct-2025, 2:31 pm

Bid End Date

24-Oct-2025, 3:00 pm

Progress

RA
Issue03-Oct-2025, 2:31 pm
Reverse Auction07-Nov-2025, 6:00 pm
AwardCompleted
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Quantity

1

Bid Type

Two Packet Bid

Categories 2

Public procurement opportunity for Nhpc Limited Group Term Insurance Service - Permanent Employees; Insurance Coverage of Outstanding Multipurpose Advance under NHPC Employees Multipurpose Advance Insurance Scheme for a period of one year from 19 November 2025 to 18 November 2026 in FARIDABAD, HARYANA. Quantity: 1 issued by. Submission Deadline: 24-10-2025 15: 00: 00. View full details and respond.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Group Term Insurance Service - Permanent Employees; Insurance Coverage of Outstanding Multipurpose Advance under NHPC Employees Multipurpose Advance Insurance Scheme for a period of one year from 19 November 2025 to 18 November 2026

Authority Records

MINISTRY OF POWERNATIONAL HYDROELECTRIC POWER CORPORATION LIMITED

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Documents 5

GeM-Bidding-8426727.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) *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

Corrigendum Updates

1 Update
#1

Update

03-Oct-2025

Reverse Auction Schedule

Completed

Start

07-Nov-2025, 6:00 pm

End

08-Nov-2025, 6:00 pm

Duration: 24 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
AXIS MAX LIFE INSURANCE LIMITED   Under PMA
24-10-2025 09:50:13
2
Life Insurance Corporation of India   Under PMA
24-10-2025 14:33:57

Financial Results

Rank Seller Price Item
L1
AXIS MAX LIFE INSURANCE LIMITED   Under PMA
Item Categories : Group Term Insurance Service - Permanent Employees; Insurance Coverage of Outstanding Multipurpose
L2
Life Insurance Corporation of India   Under PMA
Item Categories : Group Term Insurance Service - Permanent Employees; Insurance Coverage of Outstanding Multipurpose