| Tender number | RBI/HRMD-CO Central Office Departments/Others/7/24-25/ET/787 |
| Date of publication of NIT | Jan 17, 2025 12:00 Hrs. |
| Nature of work | RFP for OPD Policy for Pensioners aged 60 years and above of Reserve Bank of India |
| Mode of tender enquiry | Public Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Feb 10, 2025 |
| Number of tenders received | 2 (Two) |
| Nos. and names of parties qualified after technical evaluation | 2 (Two)
• The New India Assurance Co. Ltd.
• The Oriental Insurance Co. Ltd. |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | I. The New India Assurance Co. Ltd.
II. The Oriental Insurance Co. Ltd. |
| Final Ranking, if any | I. The New India Assurance Co. Ltd.
II. The Oriental Insurance Co. Ltd. |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD.EHS.No.S13715/19-06-001/2024-25 Mar 06, 2025 |
| Name of contractor | The New India Assurance Co. Ltd. |
| Value of contract | Premium of ₹70,75,00,000/- plus applicable taxes for the policy period April 01, 2025, to March 31, 2026. |
| Scheduled date of completion of supplies | Yearly Group Medical Policy (OPD) for the policy period April 01, 2025, to March 31, 2026. |
| Actual date of start of work | Apr 01, 2025 |
| Actual date of completion of work | |
| Reasons for delay, if any | |
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