| Tender number | RBI/Central Office/HRMD/29/20-21/ET/325 |
| Date of publication of NIT | Nov 27, 2020 |
| Nature of work | Group Mediclaim Policy for OPD to Pensioners |
| Mode of tender enquiry | Public Tender |
| Type of bidding (single/two bid system) | Two Bid System |
| Last date of receipt of tender | Dec 18, 2020 |
| Number of tenders received | 2 (Two) |
| Nos. and names of parties qualified after technical evaluation | 2 (Two)
(i) New India Assurance Co. Ltd.
(ii) Iffco Tokio Gen Ins Co. |
| Nos. and names of parties not qualified after technical evaluation | Nil
|
| Commercial Bid Ranking, if any | 1. New India Assurance Co. Ltd.
2. Iffco Tokio Gen Ins CO. |
| Final Ranking, if any | 1. New India Assurance Co. Ltd.
2. Iffco Tokio Gen Ins CO. |
| Whether contract awarded to lowest tenderer/evaluated L1 | Yes |
| Contract number and date | CO.HRMD/4469/19.06.01/2020-21 dated Dec 29, 2020 |
| Name of contractor | New India Assurance Co. Ltd. |
| Value of contract | ₹ 15,79,00,000/- plus applicable taxes |
| Scheduled date of completion of supplies | Yearly OPD Insurance Policy for 2021 |
| Actual date of start of work | Jan 01, 2021 |
| Actual date of completion of work | Dec 31, 2021 |
| Reasons for delay, if any | - |
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