Invitation to Bid - Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid in GAUTAM BUDDHA NAGAR, UTTAR PRADESH
Bid Publish Date
07-Feb-2025, 5:11 pm
Bid End Date
05-Mar-2025, 5:00 pm
Value
₹16,70,00,000
Location
Progress
Public procurement opportunity for National Fertilizers Limited (nfl) Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accident & emergency Treatments, All pre-existing illness; Yes in GAUTAM BUDDHA NAGAR, UTTAR PRADESH. Quantity: 6766 issued by. Submission Deadline: 05-03-2025 17: 00: 00. View full details and respond.
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Under PMA | 05-03-2025 16:37:25 | |
| 2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | 05-03-2025 16:12:05 | |
| 3 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 27-02-2025 16:18:36 | |
| 4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED Under PMA | 27-02-2025 16:45:37 | |
| 5 | TATA AIG GENERAL INSURANCE COMPANY LIMITED Under PMA | 05-03-2025 14:31:50 | |
| 6 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 05-03-2025 13:38:04 | |
| 7 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 27-02-2025 14:07:02 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L2 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L3 | TATA AIG GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L4 | RELIANCE GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L5 | BAJAJ ALLIANZ GENERAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L6 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid | |
| L7 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Mediclaim Insurance Service - Retired / Superannuated / Pensioners; Hospitalization for accid |
Tender Data
Bid Details
Quantity
6766
Bid Type
Two Packet Bid
Bid Validity
120 (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; Hospitalization for accident & emergency Treatments, All pre-existing illness; Yes
Authority Records
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Documents 7
GeM-Bidding-7493867.pdf
Main Document
BOQ Document
BOQ
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Extended Deadline
05-Mar-2025, 11:30 am
Opening Date
05-Mar-2025, 12:00 pm
Required Documents
Experience Criteria
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
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 for Retired/Pensioners?
The eligibility requirements for this tender include being a registered insurance entity with relevant experience in providing group medical insurance. Bidders must also submit certifications to demonstrate compliance with local regulatory standards. Moreover, if any bidder seeks exemption from specific criteria, they are required to provide supporting documentation to validate their request.
What are the required certificates for the bidding process?
Bidders must submit various certificates along with their proposal, including those confirming compliance with the required quality standards specific to insurance services. This may encompass registration with relevant insurance authorities and any additional certificates specified in the Additional Terms and Conditions for this tender.
What is the registration process for participating in this tender?
The registration process for participating in this tender typically involves creating an account on the government procurement portal where this tender is published. Bidders must provide necessary documentation and adhere to all eligibility criteria outlined in the tender documents before proceeding with their proposal submission.
What are the financial requirements relating to the Earnest Money Deposit (EMD)?
Bidders are required to submit an Earnest Money Deposit as part of their financial proposal, the amount of which is generally specified in the tender document. This deposit serves to ensure that bidders commit to their proposals and adhere to the terms specified throughout the evaluation process. Failure to submit the EMD may lead to disqualification from the bidding process.
What are the benefits for Micro, Small, and Medium Enterprises (MSEs) participating in this tender?
MSEs stand to benefit from various provisions in the tender, such as exemptions from certain eligibility criteria, which help level the playing field against larger insurance providers. Moreover, supporting documentation may facilitate access to softer financial requirements, enabling MSEs to participate more readily in government procurement processes. Compliance with 'Make in India' policies is also a consideration, promoting local sourcing and development.