TENDER FOR PROVIDING GROUP MEDICAL INSURANCE TO EMPLOYEES OF CENTRE FOR SMART GOVERNANCE

In case of an Insurance Company participating directly in the bid then the bidder should be licensed by IRDA to operate General Insurance Business in India and should have completed 5 financial years and audited. In case of an Insurance Broking Firm participating then the bidder should be licensed by the IRDA to do Insurance Placement of Business with the Insurance Company representing the clients.

The bidder should upload the Balance Sheet and Profit and Loss Accounts, audited and certified by a Chartered Accountant for the last three years i.e. 2021-22, 2022-23 and 2023-24.

The bidder should have the following valid Registration Certificate and other documents/certificates & shall upload copies of them along with the Bidsi) IRDA Registration Certificateii) GST Registration Certificateiii) Copy of the PAN Card

The bidder whose services have been terminated/foreclosed by any Corporation/firms during the last 5 years due to non-fulfilment of agreed obligations are not eligible to bid. The bidder should clearly specify and submit declaration letter in writing separately stating that they do not fall under this category as per format in Annexure -1.

The bidder must give a declaration that they are not blacklisted or debarred from any government or related scheme and they currently hold a valid IRDA license as per format in Annexure -2.

he bidder shall submit a checklist with details of documents on which reliance has to be laid by CSG to ensure fulfilment of PQR conditions prescribed herein i.e. for the points mentioned in 1 a) to e) above as per format in Annexure -3. 1. The Pre-qualification and Technical Bids of the bidder which do not meet the requirements, will not be considered for opening of financial bid. 2. The Evaluation Committee shall cause to examine the PQR and Technical documents of the bidder and on that basis a list of qualified bidders will be prepared and intimated to the bidders concerned. 3. The Financial Bids of the technically qualified bidders only will be opened on e-Procurement portal.

In case the bidder is an Insurance Broking Firm, then following additional qualifications will apply i) The firm should have handled atleast 5 PSUs/Corporates in providing insurance services on behalf of Insurers as their broking firm. WOs clearly stating the value should be furnished. ii) The firm should have been existence for atleast 5 years, with operations in India. Certificate of incorporation should be furnished. iii) The firm should have a turnover of 15 crores or more for the last three years i.e. 2021 22 2022 23 and 2023 24

Bidders should upload all the documents as mentioned in the Section 4. Process for Technical Evaluation of the Bids in the tender documents Kindly Note: Micro Insurance/State Policies will not be considered. Only Corporate Group Medical Insurance policies will be considered for the Technical Bid. Bidders must score minimum of 70 points in the technical evaluation to qualify for Financial Bid opening.