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1 INDIRA GANDHI INSTITUTE OF DEVELOPMENT RESEARCH GOREGAON (EAST), MUMBAI TENDER DOCUMENT FOR Group Medical Insurance Policies for Employees (Including their Dependents, Retired Employees & their Spouse) and For Students at IGIDR NIT No: IGIDR/Tender/2023/ED/22 Date: 1 st August 2023 INDIRA GANDHI INSTITUTE OF DEVELOPMENT RESEARCH _ Gen. A.K. Vaidya Marg, Film city Road, Santosh Nagar, Goregaon (East), Mumbai-400065. Telephone: 022 6909 6200 / 507; Fax: 022 6909 6399. 2 INDIRA GANDHI INSTITUTE OF DEVELOPMENT RESEARCH, MUMBAI Notice Inviting Tender “NAME OF TENDER: Group Medical Insurance Policies For Employees and Students at INDIRA GANDHI INSTITUTE OF DEVELOPMENT RESEARCH, GOREGAON (E), MUMBAI – 400 065.” 1. Institute invites bids from reputed & qualified insurance agencies for the following work: Name of work Period of policy (1) (2) Group Medical Insurance Policies For Employees (Including their Dependents, Retired Employees & their Spouse) And Students at IGIDR 4 th September 2023 to 3rd September 2024 2. IGIDR reserves its right to award the contract to the successful bidder. 3. The tender in two bid system being invited through email for the service as mentioned above from General Insurance Companies (Licensed and Registered with IRDA) dealing with Health Insurance for implementation of Group Medical Insurance Policies For Employees & their Dependents, Retired Employees & their Spouse And For Students at IGIDR”. Category No of the members to be covered Basic Sum Assured (INR. in Lac) Employees & their dependent family Members, Retired employees & their spouse 175* INR 15.00 Lac Each Students 73* INR 3.00 Lac Each *Number mentioned is tentative and may increase or decrease. 4. The Tender bids in two bid systems are invited through two separate Emails: “Email-1: Signed tender document, Pre-Qualification Bid document” and “Email-2: Financial bid”. The email subject should be mentioned as “Email-1: Tender & Prequalification Bid for Group Medical Insurance Policies for Employees and Students at IGIDR” and “Email-2: Financial Bid for Group Medical Insurance Policies for Employees and Students at IGIDR,” respectively. 5. The last date of submission of the Tender bid shall be on 18th August 2023 End of the day. 6. The Institute reserves the right to reject any prospective application without assigning any reasons whatsoever. REGISTRAR 3 SECTION-A* LETTER OF OFFER Date _ To, The Registrar, Indira Gandhi Institute of Development Research, Gen. A.K. Vaidya Marg, Film city Road, Goregaon (East), Mumbai 400065. Subject: Tender for Group Medical Insurance Policies for Employees and Students at IGIDR, Mumbai. Reference: NIT No. IGIDR/Tender/2023/ED/22 Date: 1 st August 2023 Dear Sir, With respect to your tender mentioned above, we hereby submit our tender bid in the required format along with our Company Profile and supporting documents. Should this tender be accepted, I/We hereby agree to abide by and fulfill the terms and provisions of the said Conditions of Contract annexed hereto so far as they may be applicable. We have carefully reviewed the prescribed terms and conditions and accept the same without any alterations/modifications. Yours faithfully, Signature Name & seal of Bidder * The bidder should submit the Letter of Offer on their company letterhead. 4 SECTION-B GENERAL INSTRUCTIONS TO BIDDER The tender should be addressed to The Registrar, Indira Gandhi Institute of Development Research, Goregaon (East), Mumbai-400065. 1. The scan copy of the tender bid is to be submitted through email to tender@igidr.ac.in through two separate Emails. “Email-1: Signed Tender document & Pre-Qualification Bid documents” and “Email-2: Financial bid”. The email subject should be mentioned as “Email-1: Tender & Prequalification Bid for Group Medical Insurance Policies for Employees and Students at IGIDR” and “Email-2: Financial Bid for Group Medical Insurance Policies for Employees and Students at IGIDR,” respectively. All the required documents should be scanned and merged into a single PDF file or zipped into a single file and attached to the respective Emails. The Financial bid should be attached as a PDF document protected with a password, and the password will be shared during the financial bid opening through an online meeting. The vendor should keep their password secure and be required to give it only when asked in an online meeting for financial bid opening. 2. The bids will be received on 18th August 2023 End of the day. Each copy of the tender document is under their stamp and signature. No tender will be accepted after the due date under any circumstances whatsoever. 3. The Email bid with the subject “Pre-qualification Bid for Group Medical Insurance Policies for Employees and Students at IGIDR” shall be opened by the tender opening committee on 21st August 2023, at 11:30 AM through the online meeting platform. The link to the meeting will be shared with participated bidders. If the government declares a holiday on the day of opening the bids, the bids will be opened on the next working day at the same time. 4. The Email bid with the subject: “Financial bid for Group Medical Insurance Policies for Employees and Students at IGIDR” of only qualified bidders will be opened. The Institute shall inform the date of financial bid opening and link for an online meeting to the qualified bidders. The bidders should provide the password of the financial bid PDF file during the opening of the financial bid. If the bidder can NOT give a password for the financial bid at the opening, then their bid shall be rejected. 5. Tenders shall remain valid for acceptance by the Institute for three months from the tender's |