| Tender number | RBI/Central Office/HRMD/1/20-21/ET/7 |
| Date of publication of NIT | Jul 03, 2020 |
| Nature of work | Group Mediclaim Policy for retired members of MAF |
| Mode of tender enquiry | Public Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Jul 31, 2020 |
| Number of tenders received | 4 (Four) |
| Nos. and names of parties qualified after technical evaluation | 4 (Four)
(i) Iffco Tokio General Insurance Co. Ltd.
(ii) New India Assurance Co. Ltd.
(iii) United India Insurance Co. Ltd.
(iv) Bajaj Allianz General Insurance Co. Ltd. |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | (i) Iffco Tokio General Insurance Co. Ltd.
(ii) New India Assurance Co. Ltd.
(iii) United India Insurance Co. Ltd.
(iv) Bajaj Allianz General Insurance Co. Ltd. |
| Final Ranking, if any | (i) iffco Tokio General Insurance Co. Ltd.
(ii) New India Assurance Co. Ltd.
(iii) United India Insurance Co. Ltd.
(iv) Bajaj Allianz General Insurance Co. Ltd. |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD/759/19.06.01/2020-21 dated Aug 10, 2020 |
| Name of contractor | Iffco Tokio General Insurance Co. Ltd. |
| Value of contract | ₹ 80,25,00,000/- plus applicable taxes |
| Scheduled date of completion of supplies | 2020-2021 |
| Actual date of start of work | Aug 15, 2020 |
| Actual date of completion of work | Aug 14, 2021 |
| Reasons for delay, if any | - |
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