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GEM

Open Tender for Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden in DAKSHINA KANNADA, KARNATAKA

Bid Publish Date

04-Jul-2025, 4:17 pm

Bid End Date

18-Jul-2025, 9:00 am

Value

₹75,00,000

Progress

RA
Issue04-Jul-2025, 4:17 pm
Reverse AuctionCompleted
Award09-Aug-2025, 1:08 am
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 1

Public procurement opportunity for National Institute Of Technology (nit) Group Mediclaim Insurance Service - Students; All pre- existing illness, Hospitalization for accident & emergency Treatments; Yes in DAKSHINA KANNADA, KARNATAKA. Quantity: 1 issued by. Submission Deadline: 18-07-2025 09: 00: 00. View full details and respond.

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

Yes

Item Category

Group Mediclaim Insurance Service - Students; All pre- existing illness, Hospitalization for accident & emergency Treatments; Yes

Authority Records

MINISTRY OF EDUCATIONHIGHER EDUCATION DEPARTMENTNATIONAL INSTITUTE OF TECHNOLOGY

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 5

GeM-Bidding-8047883.pdf

Main Document

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

Past Similar Tenders (Historical Results)

5 found

Group Mediclaim Insurance Service - Students; Hospitalization for accident & emergency Treatments,

National Institute Of Fashion Technology (nift) Head Office New Delhi

HYDERABAD, TELANGANA

Posted: 11 June 2025
Closed: 7 July 2025
GEM

Group Mediclaim Insurance Service - Students; Hospitalization for accident & emergency Treatments,

Footwear Design And Development Institute (fddi)

ROHTAK, HARYANA

Posted: 5 January 2026
Closed: 17 January 2026
GEM

Group Mediclaim Insurance Service - Students; Hospitalization for accident & emergency Treatments,

National Institute Of Fashion Technology (nift) Head Office New Delhi

SOUTH DELHI, DELHI

Posted: 5 May 2025
Closed: 26 May 2025
GEM

Group Mediclaim Insurance Service - Students; Hospitalization for accident & emergency Treatments,

National Institute Of Fashion Technology (nift) Head Office New Delhi

CHENNAI, TAMIL NADU

Posted: 20 August 2025
Closed: 8 September 2025
GEM

Group Mediclaim Insurance Service - Students; Hospitalization for accident & emergency Treatments,

National Institute Of Fashion Technology (nift) Head Office New Delhi

SOUTH DELHI, DELHI

Posted: 27 June 2025
Closed: 18 July 2025
GEM

Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

OEM Authorization Certificate

5

OEM Annual Turnover

6

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

7

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

Corrigendum Updates

1 Update
#1

Update

11-Jul-2025

Reverse Auction Schedule

Completed

Start

24-Jul-2025, 6:00 pm

End

26-Jul-2025, 11:52 am

Duration: 42 hours

Reverse Auction Document

✅ RA concluded. Check financial results for final rankings.

Technical Results

S.No Seller Date Status
1
GO DIGIT GENERAL INSURANCE LIMITED   Under PMA
17-07-2025 18:54:04
2
HDFC ERGO GENERAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 18:35:29
3
ICICI LOMBARD GENERAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 01:10:27
4
NATIONAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 17:21:13
5
THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 16:58:56
6
UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 20:02:07
7
UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED   Under PMA
17-07-2025 16:16:09

Reverse Auction Results Final Prices

These are the final prices after the reverse auction event. Prices may be lower than initial bids.

Rank Seller Final Price Item
L1THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA Winner ₹59,72,000Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden
L2UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED   Under PMA₹59,80,000Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden
L3NATIONAL INSURANCE COMPANY LIMITED   Under PMA₹60,90,000Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden
L4GO DIGIT GENERAL INSURANCE LIMITED   Under PMA₹78,15,081Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden
L5UNITED INDIA INSURANCE COMPANY LIMITED   Under PMA₹78,58,800Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden
L6HDFC ERGO GENERAL INSURANCE COMPANY LIMITED   Under PMA₹82,07,563Item Categories : Group Mediclaim Insurance Service - Students; All pre-existing illness, Hospitalization for acciden

🎉 L1 Winner

THE ORIENTAL INSURANCE COMPANY LIMITED   Under PMA

Final Price: ₹59,72,000

Contract / Result Documents 1

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