Award of Group Personal Accidental Insurance (GPAI) Insurance Policy
Tender Specifications & Timeline
13 FieldsTotal Bidders
4
Lowest Bid (L1)
₹68.95 L
Estimated Value (PAC)
—
Margin vs Estimate
—
Lowest Bidder (L1) · Award pending
Admitted-FinanceL1 to L2 Spread
+76.62%
Completion Period
365 days
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹68.95 L | 0.0% (L1) | — | Admitted-Finance | |
| L2 | ₹1.22 Cr | +76.62% | — | Admitted-Finance | |
| DQ | icici lombard#819989 | — | — | Rejected-Tech | Rejected-Technical |
| DQ | — | — | Rejected-Tech | Rejected-Technical |
This airports tender covers award of Group Personal Accidental Insurance (GPAI) Insurance Policy, issued by Airports Authority of India under reference AAI/SAP/PERS/SSC/GPAI/2024-25. The tender is currently Expired. Under financial bid evaluation, SHRIRAM GENERAL INSURANCE COMPANY LIMITED emerged as the lowest (L1) bidder with a quoted bid amount of ₹68.95 L.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in All Over India. 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
techsummary_251701.pdf
BOQ Comparative Chart
Technically disqualified
Technically disqualified
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Go Digit General Insurance Ltd #819890 | 19-Feb-2025 02:21 PM | Admitted-Finance Updated: 12-Mar-2025 05:10 PM | 12177834.89 | L2 | — |
icici lombard #819989 | 19-Feb-2025 02:55 PM | Rejected-Technical Updated: 12-Mar-2025 04:39 PM | — | — | Technically disqualified |
RELIANCE GENERAL INSURANCE CO LTD #819761 | 19-Feb-2025 12:53 PM | Rejected-Technical Updated: 12-Mar-2025 04:39 PM | — | — | Technically disqualified |
SHRIRAM GENERAL INSURANCE COMPANY LIMITED #816948 | 13-Feb-2025 11:11 AM | Admitted-Finance Updated: 12-Mar-2025 05:10 PM | 6894919.36 | L1 | — |
Bid Evaluation Details & Logs
technical bid opening
Date: 20-Feb-2025 03:34 PM
Officer: Brij Raj Chauhan
Four technical bids have been received and sent for technical evaluation
technical evaluation
Date: 12-Mar-2025 04:39 PM
Officer: Brij Raj Chauhan
finance bid opening
Date: 12-Mar-2025 05:10 PM
Officer: Brij Raj Chauhan
Two price bid have been received and sent for financial evaluation.
About This Procurement Notice
This central government tender was issued by Airports Authority of India. Bids must be submitted by 19-Feb-2025 03:00 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 "Award of Group Personal Accidental Insurance (GPAI) Insurance Policy"?
- The current status of this tender is "Expired". The submission deadline is 19-Feb-2025 03:00 PM. This information is sourced from official government procurement portals.
- QWho issued this central government tender?
- This tender was issued by Airports Authority of India. The reference number is AAI/SAP/PERS/SSC/GPAI/2024-25. 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.
- QWho is the lowest (L1) bidder for this tender?
- Under financial bid evaluation for "Award of Group Personal Accidental Insurance (GPAI) Insurance Policy", SHRIRAM GENERAL INSURANCE COMPANY LIMITED emerged as the lowest (L1) bidder with a quoted bid amount of ₹68.95 L. Full bid rankings and vendor comparisons are available on BiharInfraTales.