Outsourcing Delivery of Public Service as a Project - As per rfp; as per RFP; Site preparation, ins
Directorate Of Accounts And Treasuries
RAIGAD, MAHARASHTRA
Posted:
10 February 2026
Closed:
20 February 2026
GEM
Categories
3
Tender Overview
Organization: Bihar Gramin Bank (Regional Rural Banks) – seeking Group Personal Accident Insurance Service for Permanent Employees in Patna, Bihar. Procurement aligned to an open RFP process with terms applicable per the attached RFP. The contract may allow small adjustments in duration or quantity up to 25% at issue and, once issued, can be increased within that cap. No BOQ items are listed, indicating a service-centric insurance agreement with scope defined in the RFP. The opportunity centers on providing comprehensive accident cover for bank staff under a government-affiliated procurement framework. A key differentiator is alignment with ATC clauses permitting quantity/duration adjustments, ensuring bidders plan for scalable coverage in response to demand.
Key Specifications
-
Group Personal Accident Insurance for permanent employees
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Patna, Bihar coverage area
-
ATC quantity/duration variation up to 25%
-
RFP-aligned scope with attached terms and conditions
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No BOQ items listed; service contract focus
Terms & Conditions
-
Key Term 1: Quantity/duration may vary up to 25% at contract issue
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Key Term 2: All terms governed by attached RFP
-
Key Term 3: Standard bid documents required (GST, PAN, financials)
Important Clauses
Payment Terms
Payment terms to be defined in RFP; bidders should expect policy premium payments and settlement timelines per contract
Delivery Schedule
Delivery/issuance of insurance coverage as per award; renewal cycles to be specified in policy
Penalties/Liquidated Damages
Penalties for non-compliance or delayed policy issuance to be outlined in RFP and terms
Bidder Eligibility
-
Valid insurance license/registration for group personal accident products in Bihar
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Experience certificates in similar government/PSU insurance contracts
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Financial solvency supporting ability to underwrite group insurance contracts
Documents 4
GeM-Bidding-9057916.pdf
Main Document
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
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Historical Data
Required Documents
1
GST Registration Certificate
2
Permanent Account Number (PAN) Card
3
Experience certificates in group personal accident insurance
4
Financial statements (last 2-3 years)
5
EMD/Security deposit documentation (as per RFP)
6
Technical bid documents and policy compliance declarations
7
OEM authorizations or insurer partnership letters (if required)
8
Any RFP-specified compliance certificates
Frequently Asked Questions
Key insights about BIHAR tender market
How to bid for Patna group accident insurance tender in Bihar 2026?
Bidders must submit GST, PAN, financial statements, experience certificates, and EMD as specified in the RFP. Ensure insurer credentials, group policy templates, and claims process alignment with Bihar procurement rules. Follow the RFP for policy coverage, SLAs, and variation rights under ATC Clause up to 25%.
What documents are required for Bihar Gramin Bank insurance bid 2026?
Submit GST certificate, PAN card, last 3 years financials, prior experience certificates in similar insurance, insurer authorization, technical bid, and EMD as per tender terms. Ensure policy docs meet RFP coverage specifics and local compliance in Patna.
What are the specific coverage standards for the accident insurance in Patna?
Refer to the RFP for coverage scope; ensure submissions align with group personal accident policy requirements for permanent employees and any ISI/ISO-related endorsements if specified in the RFP.
When is the variation allowed in contract quantity or duration?
The ATC permits up to 25% variation before contract award and up to 25% after issuance, within the same cap, requiring bidders to accept revised quantities or duration as per the tender.
What is the location focus for this insurance procurement in 2026?
The procurement target is Patna, Bihar for Bihar Gramin Bank’s permanent employee group accident insurance, as defined in the RFP and ATC terms.
Which organizations’ tender terms govern this insurance service?
Bihar Gramin Bank – Regional Rural Banks division governs the procurement; terms and ATC are aligned with the attached RFP and this tender’s conditions.
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Documents 4
GeM-Bidding-9057916.pdf
Main Document
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS