Forest Department Madhya Pradesh Tender by Madhya Pradesh State Minor Forest Produce Federation Department Of Forest Government Of Madhya Pradesh (GEM/2025/B/6129118)
Group Term Insurance Service - Permanent Employees; Natural death, Accidental death, Suicide, Anima
Tender Timeline
Tender Title: Group Term Insurance Service for Permanent Employees
Reference Number: GEM/2025/B/6129118
Issuing Authority: Forest Department, Madhya Pradesh
Scope of Work and Objectives
The Forest Department of Madhya Pradesh is soliciting bids for the Group Term Insurance Service intended for permanent employees. This tender encompasses a variety of coverage features including insurance for natural death, accidental death, suicide, animal bites, pre-existing illnesses, and a sum assured amount of INR 600,000. The objective is to secure comprehensive insurance coverage that provides financial security to the employees and their beneficiaries.
Eligibility Criteria
To qualify for this tender, bidders must demonstrate that they are registered entities in accordance with the regulations governing insurance services. These entities must also have a proven track record in providing insurance solutions tailored to the requirements specified by governmental departments.
Technical Requirements
Bidders must adhere to the technical specifications which outline the comprehensive insurance coverage that includes natural death, accidental death, suicide, animal bite incidents, and pre-existing medical conditions. The insurance policies should be robust enough to cater to employees' diverse needs while complying with relevant regulations and standards in the insurance sector.
Financial Requirements
Bidders must provide detailed financial records demonstrating their capacity to fulfill the objectives of this tender. They must submit a performance security as a part of their financial backing to assure delivery as promised in the proposal.
Document Submission Details
Submission of documents must be in a structured format as outlined in the tender documents. It is imperative that bidders follow the specified formats for the bid submissions to ensure compliance with the acceptance criteria.
Special Provisions
This tender includes provisions that favor Micro, Small, and Medium Enterprises (MSEs) as well as startups. Bidders from these categories may receive additional evaluation points, enhancing their chances during the selection process. Moreover, compliance with the ‘Make in India’ policies will be highly regarded.
Evaluation Process
The evaluation will be conducted based on a comprehensive assessment of the bids submitted, focusing on compliance with technical specifications, financial soundness, and the qualifications of the bidders. Particular weight will be given to MSEs and startups during the evaluation process.
Delivery Locations
The delivery of services under this tender will be applicable to various locations defined by the Forest Department in Madhya Pradesh. Bidders should be prepared to provide estimates and logistics information regarding the service delivery timeline.
Contact Information
For any inquiries related to this tender, potential bidders may contact the Forest Department, Madhya Pradesh directly. Specific contact information will be made available within the tender documentation.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered insurance provider, possessing valid licenses, and having experience in providing group term insurance. Bidders must also ensure compliance with regulatory standards and submit relevant documents to verify their eligibility.
Bidders are required to submit valid certificates, including a valid insurance license, proof of past performance in similar contracts, and financial statements demonstrating their capacity to meet the demands of the tender. Compliance with quality standards related to insurance services is also necessary.
Interested bidders must first register with the relevant procurement platform. This entails completing all necessary forms and submitting requisite documents. Detailed guidance on the registration process can usually be found on the respective procurement website or obtained directly from the issuing authority.
Bidders must provide their documentation in PDF and other specified formats as outlined in the tender notice. Compliance with submission requirements is crucial to ensure the bid is considered valid.
The evaluation process is structured to assess technical compliance, financial proposals, and qualifications of bidders, with preferential treatment given to MSEs and startups. Bids will be evaluated for their overall quality, clarity, and adherence to the required terms and conditions specified in the tender documentation.
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