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Tender Notice for Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial in ALLAHABAD, UTTAR PRADESH

Bid Publish Date

19-May-2025, 10:46 am

Bid End Date

03-Jul-2025, 9:00 am

EMD

₹31,000

Value

₹15,34,000

Progress

Issue19-May-2025, 10:46 am
Technical06-Jul-2025, 1:29 pm
Financial
Award07-Aug-2025, 2:51 am
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Quantity

2500

Bid Type

Two Packet Bid

Categories 2

Indian Institute Of Technology (iit) has released a public tender for Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial disability, Temporary disabilities in ALLAHABAD, UTTAR PRADESH. Quantity: 2500. Submission Deadline: 03-07-2025 09: 00: 00. Download documents and apply online.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial disability, Temporary disabilities

Authority Records

MINISTRY OF EDUCATIONHIGHER EDUCATION DEPARTMENTINDIAN INSTITUTE OF TECHNOLOGY

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Documents 6

GeM-Bidding-7804367.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC)

5

Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

6

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

Corrigendum Updates

5 Updates
#1

Update

30-Jun-2025
#2

Update

19-Jun-2025
#3

Update

19-Jun-2025
#4

Update

19-Jun-2025
#5

Update

09-Jun-2025

Technical Results

S.No Seller Date Status
1
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
07-06-2025 13:29:52
2
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
26-06-2025 21:09:20

Financial Results

Rank Seller Price Item
L1
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial
L2
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Students; Permanent total disability, Permanent partial

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

What are the eligibility requirements for Group Personal Accident Insurance Services?

The eligibility requirements include being a registered and licensed insurance provider, with previous experience in personal accident insurance. Bidders should also demonstrate financial stability, have necessary certifications, and meet any specific criteria as established by the Department of Higher Education.

What certifications are required to participate in the tender?

To successfully submit a bid for the Group Personal Accident Insurance Services, bidders must provide valid registration that confirms their status as an authorized insurance provider. Additionally, compliance with any applicable standards and certifications pertinent to the insurance industry is essential.

How do I register for this tender?

The registration process involves submitting an online bid through the official tender portal. After registering, ensure you upload all required documents, including your proposal, financial statements, and any certificates proving your compliance with eligibility criteria.

What document formats are accepted for submission?

Bidders must submit documents in PDF or JPG formats, ensuring that all entries are legible and in accordance with the document submission guidelines outlined in the tender. Adherence to format specifications is critical to avoid disqualification.

How will the safety and quality of the insurance service be assured?

The tender outlines technical specifications that include coverage limits, exclusion criteria, and claims processing protocols. Insurance providers must meet minimum quality standards and show a clear commitment to customer service by detailing their support mechanisms in the proposal submission. Compliance with all relevant regulatory standards is mandatory to ensure peace of mind for policyholders.