Group Term Insurance Service - Permanent Employees, Contract Employees, Office Staff; Natural death, Accidental death, Suicide, Animal bite, Pre-Existing Illnesses, As per RFP document

Key terms of this bid

Read from the GeM bid document on 29 Sept 2026, 9:21 am IST. The document below is the final word.

Estimated value

₹60,00,000

60 lakh

EMD

Not required

Performance security

Not required

Minimum turnover

₹2,40,00,000

2.4 crore a year, average of 3 years

Experience

5 years

Of similar supply or service

Bid type

Two Packet

Total value wise evaluation

Reverse auction

No

Contract period

1 year 1 month

Offer validity

45 days

From the bid end date

Experience & turnover relaxation

No

Purchase preference

MSE

Tender details

Organisation

Ministry of Finance › Department of Financial Services

Location

Central Government

Tender ID

GEM/2026/B/8094234Copy

Category

Manpower & Services

Quantity

1

Source portal

GeM — Government e-Marketplace

How to bid

1. 1Read the bid document on this page: the terms, eligibility, EMD, specifications and ATC (additional terms and conditions).
2. 2Log in to your GeM seller account (register at gem.gov.in if you don't have one; it's free).
3. 3Search BidPlus for bid number GEM/2026/B/8094234 and submit your offer before the closing time.

New to bidding? Read GeM seller registration: documents, charges and steps, How to read a GeM bid document, section by section and GeM reverse auction: how bid to RA works, who gets in and how L1 is decided.