Pawan Hans Limited Group Personal Accident Insurance Tender Gautam Buddha Nagar Uttar Pradesh 2025
Bid Publish Date
21-Nov-2025, 6:28 pm
Bid End Date
12-Dec-2025, 3:00 pm
Location
Progress
Key Highlights
- • Scope: Group Personal Accident Insurance covering permanent and contract employees for accidental death
- • Location specificity: Gautam Buddha Nagar, Uttar Pradesh (201301)
- • Flexible contract terms: quantity or duration adjustments up to 25% at contract issue and post-issuance
- • Excess settlement provision: ability to claim additional charges up to a defined percentage with required supporting documents
- • No BOQ items; no explicit estimated value or EMD disclosed in provided data
- • No technical standards or policy wordings listed in tender data
Tender Overview
Organization: Pawan Hans Limited, a government-owned helicopter service provider, invites bids for Group Personal Accident Insurance Service covering Permanent Employees and Contract Employees with focus on accidental death. Location: Gautam Buddha Nagar, Uttar Pradesh 201301. The tender includes a flexible quantity/duration option up to 25% changes at issue and post-issuance, plus an excess settlement mechanism allowing additive charges up to a specified percentage. No BOQ items or exact estimated value are disclosed. This procurement aims to secure reliable accident coverage aligned with regulatory and internal risk controls, with emphasis on timely claim settlement and policy terms, while maintaining administrative simplicity for the employer.
Technical Specifications & Requirements
- Category: Group Personal Accident Insurance for government/organizational staff
- Scope: Accidental death coverage for both permanent and contractual employees
- Contract flexibility: Quantity/duration may be adjusted by up to 25% during bid issuance; post-issuance adjustments capped at 25%
- Excess settlement: Service providers may include additional charges up to a specified percentage of item-level value; must declare applicability during invoice creation; total invoice to stay within approved excess settlement percentage
- Specifications status: No product specifications or policy wordings provided in tender data
- BOQ: 0 items; no bill of quantity details available
- Tender context: Terms indicate generic bid terms with emphasis on payment and settlement processes, rather than technical product criteria.
Terms, Conditions & Eligibility
- EMD / Security: Not disclosed in available data; bidders should verify on tender portal
- Delivery/Effective date: Not specified; no project start date provided
- Payment terms: Not specified; tender mentions standard bid settlement and excess settlement mechanism
- Documents required: Not detailed in the terms provided; typical bids require GST, PAN, experience certificates, financial statements, and policy-compliance documents
- Warranty/Certification: Not specified; no policy-specific standards listed
- Eligibility criteria: Not specified beyond organization and employee coverage scope; bidders should confirm scope alignment with UP-based operations and insurance regulatory compliance
- Penalties: Not specified; any LD or penalties to be defined in final contract
Key Specifications
-
Product/Service: Group Personal Accident Insurance
-
Covered beneficiaries: Permanent employees and contract employees of Pawan Hans Limited
-
Coverage focus: Accidental death (not natural death)
-
Location: Gautam Buddha Nagar, Uttar Pradesh
-
Contract flexibility: +/- 25% quantity/duration
-
Billing: Excess settlement mechanism with declared charges and supporting documents
Terms & Conditions
-
EMD amount not disclosed; verify at bid submission
-
25% quantity/duration adjustment allowed during and after issue
-
Excess settlement charges permitted up to specified percentage with documentation
-
No BOQ items or explicit value stated in current data
Important Clauses
Payment Terms
Payment terms are not disclosed in the provided data; bidders must await portal updates and final contract terms
Delivery Schedule
No delivery schedule provided; contract will define policy issuance and activation timelines
Penalties/Liquidated Damages
No LD details in the tender data; check final contract for penalties or performance bonds
Bidder Eligibility
-
Eligibility to provide group personal accident insurance for government/semi-government entities
-
Experience in insuring both permanent and contract employees
-
Compliance with Indian insurance regulations and applicable UP state norms
Technical Results
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED Under PMA | 23-11-2025 23:12:38 | |
| 2 | NATIONAL INSURANCE COMPANY LIMITED Under PMA | 11-12-2025 17:26:10 | |
| 3 | THE NEW INDIA ASSURANCE COMPANY LIMITED Under PMA | 12-12-2025 12:37:24 | |
| 4 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | 28-11-2025 13:13:27 |
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | THE ORIENTAL INSURANCE COMPANY LIMITED Under PMA | Item Categories : Group Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidenta | |
| L2 | NATIONAL 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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Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Requirements
Experience Required
3 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 Personal Accident Insurance Service - Permanent Employees, Contract Employees; Only accidental death (not natural)
Authority Records
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Documents 5
GeM-Bidding-8620385.pdf
Main Document
BOQ Document
BOQ
Other Documents
OTHER
Scope Of Work Document
SCOPE_OF_WORK
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
Permanent account number (PAN) card
Experience certificates of similar insurance service contracts
Financial statements for past 2-3 years
EMD/Security deposit details (as per portal guidance)
Technical bid documents and insurer/oem authorizations (if required)
Policy wordings or PMA for personal accident coverage (if requested)
Frequently Asked Questions
Key insights about UTTAR PRADESH tender market
How to bid for group personal accident insurance in Gautam Buddha Nagar 2025
Bidders should register on the portal, obtain the tender document, and submit the bid with insurer credentials, GST, PAN, experience certificates, financials, and EMD as per portal guidelines. Ensure coverage for accidental death of permanent and contract staff and confirm excess settlement terms.
What documents are required for Pawan Hans insurance tender 2025
Required documents typically include GST certificate, PAN, financial statements, insurer registration, experience certificates for similar contracts, technical bid, OEM authorizations if applicable, and EMD. Verify exact checklist on the tender portal prior to submission.
What are the eligibility criteria for accident insurance tender UP 2025
Eligibility includes experience in providing group personal accident coverage, compliance with insurance regulations, ability to cover both permanent and contract employees, and financial stability evidenced by recent statements. Confirm any local UP state requirements in the final contract.
How to understand the excess settlement clause in this tender
The excess settlement clause allows additional charges up to a defined percentage on item-level value, requiring declaration during invoice creation and supporting documents. Ensure the percentage cap and documentation requirements are clarified in the final contract.
What is the delivery timeline for insurance coverage activation UP
The tender data does not specify a delivery timeline; the final contract will define policy activation dates post award. Monitor portal updates for the exact issuance and activation schedule.
Where to find the EMD amount for the Pawan Hans insurance bid UP
The EMD amount is not disclosed in the current data. Check the tender portal or bid notice for the exact EMD or security deposit requirement and acceptable payment method.
What standards or certifications are required for the insurance bid UP 2025
The tender data does not list standards. Expect compliance with local insurance regulations and insurer accreditation; confirm any specific policy wordings and beneficiary coverages in the final bid documents.
When is the bid submission deadline for Pawan Hans insurance tender UP
Deadline details are not included in the provided data. Bidders should track the official GEM portal for posting deadlines and note any extensions or amendments before submitting the bid.