PMFBY/2026/Cluster-4
Tender Description
TENDER FOR HIRING INSURANCE COMPANIES FOR IMPLEMENTATION 0F PRADHAN MANTRI FASAL BIMA YOJANA
Tender Specifications & Timeline
16 FieldsTotal Bidders
16
Lowest Bid (L1)
₹1.37
Estimated Value (PAC)
—
Margin vs Estimate
—
L1 to L2 Spread
+44.53%
Completion Period
365 days
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | UNITED INDIA INSURANCE CO LTD#7381683 | ₹1.37 | 0.0% (L1) | — | Accepted-Finance |
| L2 | ₹1.98 | +44.53% | Rejected-Fin | Rejected-Finance | |
| L3 | ₹2.21 | +61.31% | Rejected-Fin | Rejected-Finance | |
| L4 | IFFCO TOKIO GIC LTD.#7383217 | ₹2.22 | +62.04% | Rejected-Fin | Rejected-Finance |
| L5 | ₹2.22 | +62.04% | Rejected-Fin | Rejected-Finance | |
| L6 | ₹2.62 | +91.24% | Rejected-Fin | Rejected-Finance | |
| L7 | Bajaj General Insurance Limited#7382072 | ₹2.78 | +102.92% | Rejected-Fin | Rejected-Finance |
| L8 | ₹3.29 | +140.15% | Rejected-Fin | Rejected-Finance | |
| L9 | ₹3.8 | +177.37% | Rejected-Fin | Rejected-Finance | |
| L10 | ₹3.9 | +184.67% | Rejected-Fin | Rejected-Finance | |
| L11 | ₹4.01 | +192.70% | Rejected-Fin | Rejected-Finance | |
| L12 | ₹4.73 | +245.26% | Rejected-Fin | Rejected-Finance | |
| L13 | ₹5.17 | +277.37% | Rejected-Fin | Rejected-Finance | |
| L14 | ₹6.47 | +372.26% | Rejected-Fin | Rejected-Finance | |
| L15 | ₹7.22 | +427.01% | Rejected-Fin | Rejected-Finance | |
| L16 | ₹10.99 | +702.19% | Rejected-Fin | Rejected-Finance |
This tender covers pMFBY/2026/Cluster-4, issued by Department of Agriculture under reference PMFBY/2026/Cluster-4. The tender is currently Expired. Under financial bid evaluation, UNITED INDIA INSURANCE CO LTD emerged as the lowest (L1) bidder with a quoted bid amount of ₹1.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in Pune. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
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| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Agriculture Insurance Company of India Limited #7376361 | 21-Jun-2026 08:38 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 1.980 | L2 | Not L1 |
Bajaj General Insurance Limited #7382072 | 21-Jun-2026 05:46 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 2.780 | L7 | Not L1 |
CHOLAMANDALAM MS GENERAL INSURANCE #7383140 | 20-Jun-2026 08:02 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 10.990 | L16 | Not L1 |
Generali Central Insurance Company Limited #7383206 | 22-Jun-2026 02:00 AM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 2.220 | L5 | Not L1 |
Go Digit General Insurance Limited #7380438 | 20-Jun-2026 06:15 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 3.800 | L9 | Not L1 |
HDFC ERGO GENERAL INSURANCE COMPANY LIMITED #7379613 | 21-Jun-2026 07:37 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 2.620 | L6 | Not L1 |
ICICI Lombard General Insurance Limited #7378640 | 22-Jun-2026 12:11 AM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 3.290 | L8 | Not L1 |
IFFCO TOKIO GIC LTD. #7383217 | 21-Jun-2026 03:50 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 2.220 | L4 | Not L1 |
IndusInd General Insurance Company Limited #7381868 | 21-Jun-2026 08:58 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 7.220 | L15 | Not L1 |
National Insurance Company Limited #7383482 | 21-Jun-2026 10:41 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 4.730 | L12 | Not L1 |
Royal Sundaram General Insurance Co. Ltd. #7380329 | 22-Jun-2026 02:13 AM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 3.900 | L10 | Not L1 |
SBI General Insurance Company Limited #7378758 | 21-Jun-2026 06:33 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 6.470 | L14 | Not L1 |
Tata AIG General Insurance Company Ltd. #7382007 | 21-Jun-2026 07:14 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 5.170 | L13 | Not L1 |
The Oriental Insurance Company Ltd #7383657 | 21-Jun-2026 07:03 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 4.010 | L11 | Not L1 |
UNITED INDIA INSURANCE CO LTD #7381683 | 21-Jun-2026 10:42 PM | Accepted-Finance Updated: 20-Jul-2026 05:20 PM | 1.370 | L1 | Accepted as L1 |
Universal Sompo General Insurance Co Ltd #7383604 | 21-Jun-2026 04:30 PM | Rejected-Finance Updated: 20-Jul-2026 05:20 PM | 2.210 | L3 | Not L1 |
Bid Evaluation Details & Logs
technical bid opening
Date: 22-Jun-2026 02:30 PM
Officer: Sushant Dhanawade
Technical Bid Opened
technical evaluation
Date: 22-Jun-2026 04:19 PM
Officer: Sushant Dhanawade
finance bid opening
Date: 14-Jul-2026 02:40 PM
Officer: Vaibhav Shinde
Financial bid opened
finance evaluation
Date: 20-Jul-2026 05:20 PM
Officer: Vaibhav Shinde
About This Procurement Notice
This Maharashtra state government tender was issued by Department of Agriculture. Bids must be submitted by 22-Jun-2026 09:00 AM.
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 "PMFBY/2026/Cluster-4"?
- The current status of this tender is "Expired". The submission deadline is 22-Jun-2026 09:00 AM. This information is sourced from official government procurement portals.
- QWho issued this Maharashtra government tender?
- This tender was issued by Department of Agriculture. The reference number is PMFBY/2026/Cluster-4. It is a Maharashtra state 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 "PMFBY/2026/Cluster-4", UNITED INDIA INSURANCE CO LTD emerged as the lowest (L1) bidder with a quoted bid amount of ₹1. Full bid rankings and vendor comparisons are available on BiharInfraTales.
