Invitation to Bid - Group Term Insurance Service - Permanent Employees, Contract Employees, Office Staff; Natural death in CENTRAL DELHI, DELHI
Bid Publish Date
28-Sep-2026, 7:18 pm
Bid End Date
20-Oct-2026, 4:00 pm
Value
₹60,00,000
Location
Progress
A tender has been published for Punjab And Sind Bank Group Term Insurance Service - Permanent Employees, Contract Employees, Office Staff; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, As per RFP document in CENTRAL DELHI, DELHI. Quantity: 1 by. Submission Deadline: 20-10-2026 16: 00: 00. Check eligibility and apply.
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
45 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
240
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 Term Insurance Service - Permanent Employees, Contract Employees, Office Staff; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, As per RFP document
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Pre-Bid & Qualification
Pre-Bid Date
05-10-2026 12:00:00
Pre-Bid Venue
Punjab & Sind Bank, Corporate Office, NBCC Complex, Plate B Block 3, East Kidwai Nagar, New Delhi 110023
Delivery Details
Delivery Locations
1
Delivery Cities
West
Delivery Pincodes
110008
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Joy Banerjee | 110008,Punjab and Sind Bank 2 nd floor, HOIT Department Bank House Rajendra Place | West | Delhi | 110008 | Project / Lumpsum Based | - | Number of People to be insured : 10892 Total Sum Insured : 2723000000 |
Authority Records
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Documents 4
GeM-Bidding-9959086.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Corrigendum Updates
1 Update Update
Categories
2
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Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC)
Additional Doc 3 (Requested in ATC)
Additional Doc 4 (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