Selection of Insurance Company to provide Group Health Insurance for State Employees, Pensioners, Others and their Dependents under State Employee Health Insurance Scheme (SEHIS), Jharkhand.
Tender Description
Selection of Insurance Company to provide Group Health Insurance for State Employees, Pensioners, Others and their Dependents under State Employee Health Insurance Scheme (SEHIS), Jharkhand
Tender Specifications & Timeline
17 FieldsAward of Contract (AOC) Details
Awardee / Contractor
TATA AIG GENERAL INSURANCE COMPANY LIMITED
Award Date: 31-Mar-2026
Completion Period: 1095 Days
Contract Financials & Scope
Award of Contract for Providing Group Health Insurance for State Employees, Pensioners, Others and Their Dependents under State Employee Health Insurance Scheme (SEHIS), Jharkhand
Contract Award Info Updated 31-Mar-2026 12:32 PM by VIVEK KUMAR NAYAK
Total Bidders
7
Winning Bid (L1)
₹3,971
Estimated Value (PAC)
₹120.00 Cr
Margin vs Estimate
—
Winning Contractor (L1 - Official Awardee)
Accepted-AOCL1 to L2 Spread
+3.50%
Completion Period
1095 days
AOC Award Date
31-Mar-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹3,971 | 0.0% (L1) | — | Awarded | |
| L2 | ₹4,110 | +3.50% | Rejected-Fin | Rejected-Fin | |
| L3 | ₹4,335 | +9.17% | Rejected-Fin | Rejected-Fin | |
| L4 | ₹4,458 | +12.26% | Rejected-Fin | Rejected-Fin | |
| L5 | ₹4,788 | +20.57% | Rejected-Fin | Rejected-Fin | |
| L6 | ₹5,421 | +36.51% | Rejected-Fin | Rejected-Fin | |
| DQ | — | — | Rejected-Tech | Rejected-Tech |
This tender covers selection of Insurance Company to provide Group Health Insurance for State Employees, Pensioners, Others and their Dependents under State Employee Health Insurance Scheme (SEHIS), Jharkhand., issued by Jharkhand State Aarogya Society (Jsas) under reference JSAS/SEHIS/2026-37. The estimated contract value is ₹120.00 Cr, and the tender is currently Awarded. Following contract finalisation, the work has been awarded to TATA AIG GENERAL INSURANCE COMPANY LIMITED.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Pan India. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Rejected.
Rejected.
Rejected.
Technically Not Qualified
Rejected.
The bidder was awarded the contract for quoting the lowest (L1) annual premium per family unit.
Rejected.
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Bajaj Allianz General Insurance Company Limited #705984 | 16-Feb-2026 01:47 PM | Rejected-Finance Updated: 31-Mar-2026 11:35 AM | 4110.00 | L2 | Rejected. |
HDFC ERGO General Insurance Company Limited #706070 | 15-Feb-2026 11:55 AM | Rejected-Finance Updated: 31-Mar-2026 11:35 AM | 4335.00 | L3 | Rejected. |
ICICI Lombard General Insurance Company Limited #704935 | 16-Feb-2026 12:36 PM | Rejected-Finance Updated: 31-Mar-2026 11:35 AM | 4788.00 | L5 | Rejected. |
IndusInd General Insurance Company Limited #706215 | 16-Feb-2026 01:16 PM | Rejected-Technical Updated: 24-Feb-2026 06:44 PM | — | — | Technically Not Qualified |
SBI General Insurance Company Limited #705990 | 16-Feb-2026 01:32 PM | Rejected-Finance Updated: 31-Mar-2026 11:35 AM | 4458.00 | L4 | Rejected. |
TATA AIG GENERAL INSURANCE COMPANY LIMITED #705848 | 16-Feb-2026 01:32 PM | Accepted-AOC Updated: 31-Mar-2026 12:32 PM | 3971.00 | L1 | The bidder was awarded the contract for quoting the lowest (L1) annual premium per family unit. |
UNITED INDIA INSURANCE COMPANY LIMITED #706389 | 16-Feb-2026 01:55 PM | Rejected-Finance Updated: 31-Mar-2026 11:35 AM | 5421.00 | L6 | Rejected. |
Bid Evaluation Details & Logs
technical bid opening
Date: 17-Feb-2026 04:33 PM
Officer: Prawin Chandra Mishra
The technical bid has been opened on 17.02.2026 as per the details mentioned in the uploaded document.
technical evaluation
Date: 24-Feb-2026 06:44 PM
Officer: VIVEK KUMAR NAYAK
finance bid opening
Date: 02-Mar-2026 04:23 PM
Officer: VIVEK KUMAR NAYAK
The financial bid of the technically qualified insurance companies has been opened on 02 March 2026.
finance evaluation
Date: 31-Mar-2026 11:35 AM
Officer: VIVEK KUMAR NAYAK
About This Procurement Notice
This Jharkhand state government tender was issued by Jharkhand State Aarogya Society (Jsas). The estimated contract value is ₹120.00 Cr. Bids must be submitted by 16-Feb-2026 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 "Selection of Insurance Company to provide Group Health Insurance for State Emplo"?
- The current status of this tender is "Awarded". The submission deadline is 16-Feb-2026 02:00 PM. This information is sourced from official government procurement portals.
- QWho issued this Jharkhand government tender?
- This tender was issued by Jharkhand State Aarogya Society (Jsas). The reference number is JSAS/SEHIS/2026-37. It is a Jharkhand state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹120.00 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "Selection of Insurance Company to provide Group Health Insurance for State Employees, Pensioners, Others and their Dependents under State Employee Health Insurance Scheme (SEHIS), Jharkhand." has been awarded to TATA AIG GENERAL INSURANCE COMPANY LIMITED.