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Tender Notice for Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta in GURGAON, HARYANA

Bid Publish Date

25-Apr-2025, 1:18 pm

Bid End Date

02-May-2025, 2:00 pm

Progress

Issue25-Apr-2025, 1:18 pm
Award15-May-2025, 3:26 pm
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Quantity

2676

Bid Type

Single Packet Bid

Categories 2

Rites Limited has released a public tender for Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities in GURGAON, HARYANA. Quantity: 2676. Submission Deadline: 02-05-2025 14: 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 - Permanent Employees, Contract Employees; Only accidental death (not natural), Permanent total disability, Permanent partial disability, Temporary disabilities

Authority Records

MINISTRY OF RAILWAYS

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Documents 6

GeM-Bidding-7773518.pdf

Main Document

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Required Documents

1

Additional Doc 1 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

2

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

Financial Results

Rank Seller Price Item
L1
THE NEW INDIA ASSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta
L2
SBI GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta
L3
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta
L4
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta
L5
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta
L6
RELIANCE GENERAL INSURANCE COMPANY LIMITED   Under PMA
Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta

Contract / Result Documents 1

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Frequently Asked Questions

Key insights about HARYANA tender market

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

The eligibility requirements include being a registered insurance provider in India, with a valid operating license. Bidders must demonstrate financial stability and relevant experience in managing group personal accident insurance schemes. Documentation proving these qualifications is necessary for a successful bid.

What certificates are required for participation in this tender?

Bidders must provide proof of registration as an insurance service provider, along with financial statements that verify their stability. Additional certificates may include compliance documents that display adherence to regulatory guidelines specific to insurance offerings.

How should the registration process be carried out?

The registration process involves submitting an online bid on the procurement platform, where all required documentation must be attached. Bidders need to follow guidelines to ensure that they meet both technical and financial eligibility criteria, demonstrated in their bid proposals.

What are the accepted document formats for submission?

Bidders should submit their documents in formats such as PDF or Word, as specified by the procurement platform. It's important to carefully read submission guidelines to ensure all documents are correctly formatted to avoid disqualification.

What are the payment terms for the awarded contract?

The payment terms, typically defined in the contract, include conditions regarding the payment of insurance premiums upon successful bid acceptance. Additional clauses regarding performance security requirements and payment timelines are outlined in the tender documentation.