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Group Term Insurance Service – Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, All kind of causes of death and demise

DETAILS OF CONTRACT/PURCHASES CONCLUDED
FOR TENDER NO : GEM/2026/B/7696755
Unit Name : CHO SPMCIL
Name of Contractor : SHRIRAM LIFE INSURANCE COMPANY LIMITED
Value of Contract : 11817145
Item/Nature of work : Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, All kind of causes of death and demise
Mode of Tender Enquiry : GEM
Date of Publication of NIT : 06/30/2026
Type of Bidding : 2 bid
Last Date of Receipt :
Nos. of Tenders Recd.: 4
Nos. of Parties Qualified after technical evalution : 4
Nos. of Parties DisQualified after technical evalution : 0
Names of Parties Qualified after technical evalution :

i. AVIVA LIFE INSURANCE COMPANY INDIA LTD
ii. LIFE INSURANCE CORPORATION OF INDIA
iii. SBI LIFE INSURANCE COMPANY LIMITED
iv. SHRIRAM LIFE INSURANCE COMPANY LIMITED

Names of Parties DisQualified after technical evalution :

Nil

Awarded to Lowest : Yes
Scheduled Date of completion of supplies : 07/31/2026
Contract No : GEMC-511687778235865
Contract Date : 07/28/2026
Actual Date of Start of Work : 08/01/2026
Actual Date of Completion : 07/31/2026
Award Date : 07/28/2026
Award Upload Date : 10/29/2026
Reasons for delay if any :
Remark if any :

NA

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