| Tender number | RBI/Central Office/Central Office/4/19-20/ET/8 |
| Date of publication of NIT | Jul 10, 2019 |
| Nature of work | Group Mediclaim Policy for retired employees of the Bank |
| Mode of tender enquiry | Public Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Jul 31, 2019 |
| Number of tenders received | 6 (Six) |
| Nos. and names of parties qualified after technical evaluation | 6 (Six)
(i) Bajaj Allianz General Insurance Company Limited
(ii) United India Insurance Co Ltd.
(iii) ICICI Lombard GIC Ltd
(iv) New India Assurance Company Ltd.
(v) Iffco Tokio Genral Insurance Co. Ltd.
(vi) Oriental Insurance Co. Ltd. |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | (i) New India Assurance Company Ltd.
(ii) Oriental Insurance Co. Ltd.
(iii) Bajaj Allianz General Insurance Company Limited
(iv) United India Insurance Co Ltd.
(v) ICICI Lombard GIC Ltd
(vi) Iffco Tokio Genral Insurance Co. Ltd. |
| Final Ranking, if any | Same as commercial bid ranking |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | - |
| Name of contractor | New India Assurance Company Ltd. |
| Value of contract | ₹ 82,49,99,999 plus applicable taxes |
| Scheduled date of completion of supplies | 2019-2020 |
| Actual date of start of work | Aug 15, 2019 |
| Actual date of completion of work | Aug 14, 2020 |
| Reasons for delay, if any | - |
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