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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | L1₹18.5 CrAccepted-AOC | ₹18.5 Cr | L1 | Accepted-AOC Awarded value is for 1st year including GST |
| 2 | L2₹18.6 Cr+₹12.6 L (0.68%)Rejected-Finance 2ND FLOOR ROSY TOWER NO 7 NUNGAMBAKKAM HIGH ROAD CHENNAI 600 017 | CHENNAI | CHENNAI | TAMIL NADU | 600017 | ₹18.6 Cr+₹12.6 L (0.68%) | L2 | Rejected-Finance Other than L1 |
| Sl No | Description | Qty | Unit | THE ORIENTAL INSURANCE CO LTD L2 | National Insurane ompany Limited L1 |
|---|---|---|---|---|---|
| 1.00Description | |||||
| 1.01 | Premium for OMC’s Group Health Insurance Policy for Regular and Retired Employees and their Family Members as per Scope of Work for first year.
Total Tentative Number of Primary Members for first year: 4400
Maximum Lives Covered: 4400*6 =26400 | 4,400 | Nos. | 41,000 ₹18,04,00,000 | 35,500 ₹15,62,00,000 Lowest |
| 1.02 | Premium Towards Corporate Buffer of INR 25 Lakh | 1 | LS | 10,00,000 ₹10,00,000 | 6,00,000 ₹6,00,000 Lowest |
| 1.03 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 25 Lakh | 1 | LS | 12,50,000 ₹12,50,000 | 7,00,000 ₹7,00,000 Lowest |
| 1.04 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 50 Lakh | 1 | LS | 12,50,000 ₹12,50,000 | 8,00,000 ₹8,00,000 Lowest |
| 1.05 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 75 Lakh | 1 | LS | 12,50,000 ₹12,50,000 | 9,00,000 ₹9,00,000 Lowest |
| 1.06 | Premium towards Corporate Buffer for every additional INR 10 Lakh amount beyond INR 1 Crore | 1 | LS | 10,00,000 ₹10,00,000 | 5,00,000 ₹5,00,000 Lowest |
| 4.00Note: 1. L1 Bidder shall be selected based on the Grand Total Charges of Sl. No. 1.01 to 1.06 2. Year-on-year escalation or de-escalation on Premium from 2nd year onwards, shall be as per Clause No. 7.2. of Annexure 2: Special Conditions of Contract of this Tender | |||||
Tender Value
Refer Docs
EMD Value
₹21.1 L
Closing Date
25 May 2026, 3:00 pmClosed
Head(Contract and Procurement)
OMC Ltd., OMC House, Bhubaneswar
Group Health Insurance for Regular and Retired Employees and their Family Members of OMC
2026_OMC_128745_1
OMC/E-PROC/CP/012/2026-27 dated 30/04/2026
Open Tender
Miscellaneous Services
Item Rate
1825 days
OMC Ltd., Bhubaneswar
Please refer Tender documents.
4 documents required · 4 mandatory
₹11,800
Yes
₹21.1 L
Yes
Through VC
10 Jul 2026
4 May 2026
25 May 2026
4 May 2026
25 May 2026
15 May 2026
4 May 2026 - 10 May 2026
11 May 2026
| Sl No | Description | Qty | Unit | Est. Rate | Est. Amount |
|---|---|---|---|---|---|
| 1Description | |||||
| 1.01 | Premium for OMC’s Group Health Insurance Policy for Regular and Retired Employees and their Family Members as per Scope of Work for first year.
Total Tentative Number of Primary Members for first year: 4400
Maximum Lives Covered: 4400*6 =26400 | 4,400 | Nos. | - | - |
| 1.02 | Premium Towards Corporate Buffer of INR 25 Lakh | 1 | LS | - | - |
| 1.03 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 25 Lakh | 1 | LS | - | - |
| 1.04 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 50 Lakh | 1 | LS | - | - |
| 1.05 | Premium towards Corporate Buffer for additional INR 25 Lakh above INR 75 Lakh | 1 | LS | - | - |
| 1.06 | Premium towards Corporate Buffer for every additional INR 10 Lakh amount beyond INR 1 Crore | 1 | LS | - | - |
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