Group Term Life Insurance.
Tender Specifications & Timeline
13 FieldsAward of Contract (AOC) Details
Awardee / Contractor
SBI LIFE INSURANCE COMPANY LIMITED
Award Date: 26-Sep-2023
Completion Period: 365 Days
Contract Financials & Scope
INR 0
Contract Award Info Updated 26-Sep-2023 03:57 PM by Murlimanohar Tembhare
Total Bidders
5
Winning Bid (L1)
₹2,950
Estimated Value
—
Margin vs Estimate
—
Winning Contractor (L1 - Official Awardee)
Rejected-AOCCompletion Period
365 days
AOC Award Date
26-Sep-2023
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| 2 | ₹2,950 | 0.0% (L1) | Rejected | Rejected-AOC | |
| 1 | ₹2,684.5 | — | — | Accepted-AOC | |
| 3 | ₹3,318.75 | +12.50% | Rejected | Rejected-AOC | |
| 4 | ₹3,540 | +20.00% | Rejected | Rejected-AOC | |
| 5 | IndiaFrst Life Insurance Co Ltd#2880482 | ₹3,599 | +22.00% | Rejected | Rejected-AOC |
This metro rail tender covers group Term Life Insurance., issued by Delhi Metro Rail Corporation Limited under reference OHMisc-1453. This work is part of the development of New Delhi Metro — government tender titles use official department terminology rather than the common name. The tender is currently Expired.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in New Delhi. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Tender Documents
Download official tender documents, technical specifications, schedules, and BOQ files
finance_808704.pdf
BOQ Comparative Chart
techsummary_808704.pdf
finsummary_808704.pdf
1453-LOA.pdf
As per quoted rate
As per quoted rate
As per quoted rate
As per quoted rate
As per quoted rate
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Aditya Birla Sun Life Insurance Co. ltd. #2882197 | 15-Sep-2023 03:53 PM | Rejected-AOC Updated: 26-Sep-2023 03:58 PM | 3,318.75 | L3 | As per quoted rate |
Bajaj Allianz Life Insurance Co. Ltd #2880815 | 13-Sep-2023 12:36 PM | Accepted-AOC Updated: 26-Sep-2023 03:58 PM | 2,684.50 | L1 | As per quoted rate |
IndiaFrst Life Insurance Co Ltd #2880482 | 13-Sep-2023 01:07 PM | Rejected-AOC Updated: 26-Sep-2023 03:58 PM | 3,599.00 | L5 | As per quoted rate |
LIFE INSURANCE CORPORATION OF INDIA #2880909 | 13-Sep-2023 02:06 PM | Rejected-AOC Updated: 26-Sep-2023 03:58 PM | 3,540.00 | L4 | As per quoted rate |
SBI LIFE INSURANCE COMPANY LIMITED #2881135 | 15-Sep-2023 07:00 PM | Rejected-AOC Updated: 26-Sep-2023 03:58 PM | 2,950.00 | L2 | As per quoted rate |
Bid Evaluation Details & Logs
technical evaluation
Date: 26-Sep-2023 03:55 PM
Officer: Murlimanohar Tembhare
finance evaluation
Date: 26-Sep-2023 03:57 PM
Officer: Murlimanohar Tembhare
About This Procurement Notice
This central government tender was issued by Delhi Metro Rail Corporation Limited. Bids must be submitted by 16-Sep-2023 02:00 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "Group Term Life Insurance."?
- The current status of this tender is "Expired". The submission deadline is 16-Sep-2023 02:00 PM. This information is sourced from official government procurement portals.
- QWho issued this Bihar government tender?
- This tender was issued by Delhi Metro Rail Corporation Limited. The reference number is OHMisc-1453. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value has not been disclosed for this procurement notice. Please refer to the official tender documents for detailed specifications.
- QIs this the New Delhi Metro tender?
- Yes — "Group Term Life Insurance." is the official government tender title covering New Delhi Metro development works. Government tender titles for this sector use official department terminology rather than the site's common name.