| Tender number | RBI/Central Office/23/22-23/ET/162 |
| Date of publication of NIT | Jun 24, 2022 |
| Nature of work | RFP for Group Mediclaim Policy for Retired Employees of RBI |
| Mode of tender enquiry | Public Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Jul 20, 2022 |
| Number of tenders received | 05 (Five) |
| Nos. and names of parties qualified after technical evaluation | 05 (Five)
• IFFCO-TOKIO General Insurance Co. Ltd.
• The New India Assurance Co. Ltd.
• The Oriental Insurance Co. Ltd.
• Bajaj Allianz General Insurance Co. Ltd.
• SBI General Insurance Co. Ltd. |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | • IFFCO-TOKIO General Insurance Co. Ltd.
• The New India Assurance Co. Ltd.
• The Oriental Insurance Co. Ltd.
• Bajaj Allianz General Insurance Co. Ltd.
• SBI General Insurance Co. Ltd. |
| Final Ranking, if any | (i) The New India Assurance Co. Ltd.
(ii) IFFCO-TOKIO General Insurance Co. Ltd.
(iii) The Oriental Insurance Co. Ltd.
(iv) Bajaj Allianz General Insurance Co. Ltd.
(v) SBI General Insurance Co. Ltd. |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD/S5011/19.06.01/2022-23 dated Aug 01, 2022 |
| Name of contractor | The New India Assurance Co. Ltd. |
| Value of contract | ₹1,27,85,00,000/- plus applicable taxes |
| Scheduled date of completion of supplies | Yearly GMP-Hospitalization Insurance Policy for 2022-23 |
| Actual date of start of work | Aug 15, 2022 |
| Actual date of completion of work | Aug 14, 2023 |
| Reasons for delay, if any | Nil |
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