Group Mediclaim Insurance Service for Casual Workers

The eligibility requirements include being a registered insurance provider in India with the requisite licenses to offer health insurance services. Bidders must possess a minimum experience of three years in providing mediclaim services and demonstrate financial capability and stability through audited accounts from the last three financial years.

To participate in this tender, bidders must present relevant licenses to operate as an insurance provider in India. Additionally, proof of any regulatory certificates, such as those endorsing the company’s compliance with health insurance standards, must also be included in the submission documents.

The registration process involves submitting a complete tender response via the designated electronic platform along with all required documentation, including the technical proposal, financial bid, and requisite certificates. It is crucial to ensure adherence to submission guidelines to avoid disqualification.

Bidders must provide a performance security deposit as specified in the tender documentation. This deposit acts as a security to ensure fulfillment of the contract. Specifications regarding the amount and acceptable forms of performance security will be included in the detailed tender documents.

The payment terms typically involve staged payments based on the delivery of services and successful processing of claims. The specific terms, including payment schedules and any advance payments, will be detailed in the final agreement post tender selection.