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GeMOpenServicesReverse auction

Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners; Hospitalization For Accident & Emergency Treatments, OPD, Domiciliary Treatment, Maternity, All Pre-exis…

Telangana Grameena Bank

Ministry of Finance › REGIONAL RURAL BANKS › Hyderabad

Delivers to

Hyderabad, Telangana

Overview

11 facts from the tender

Ministry of Finance published this services tender on GeM on 12 Oct 2026, for Hyderabad, Telangana. The estimated value is ₹17 Cr and no EMD is required. It closes on 13 Oct 2026, 5:00 pm IST. Bid number GEM/2026/R/750426.

From the bid document

TimelineBid → reverse auction

  1. Bid published17 Sep 2026
  2. Bid closed1 Oct 2026 · 4:00 pm
  3. RA issued11 Oct 2026
  4. RA ends13 Oct 2026 · 5:00 pm

Bidding

Bid type
Reverse auction
Evaluation method
Total value wise evaluation
Packet type
Two Packet Bid
Reverse auction
Yes, H1-Highest Priced Bid Elimination
Auction for bid
GEM/2026/B/8045404
Total quantity
1

Buyer

Created by
buycon1.tgb.ts@gembuyer.in
Location
Hyderabad · Telangana
Portal
GeM

Important dates

Published
12 Oct 2026, 5:00 pm IST
Closes
13 Oct 2026, 5:00 pm IST

Bid & reverse auction

This reverse auction is the price round of bid GEM/2026/B/8045404. GeM's auction document lists only the auction, so the items, delivery, eligibility and buyer terms below come from the bid document and are marked From the bid document.

Bid document (PDF) Reverse auction document (PDF)

Service scope & delivery

From the bid document

1 service · 1 delivery location

Item 1

Group Mediclaim Insurance Service - Permanent Employees, Retired / Superannuated / Pensioners; Hospitalization For Accident & Emergency Treatments, OPD, Domiciliary Treatment, Maternity, All Pre-existing Illness, AS PER RFP; Yes

Service basisProject / Lumpsum Based
Delivery location

500044,#2-1-520, 2nd Floor, Vijayasri Sai Celestia, Street No.9, Nallakunta, Shankermutt Road, Hyderabad

Wage & allowance components
Please input the number to be Insured
4829
Sum Insured (as per Insured selected)
2322000000
Specifications & requirements · 15
Type of People being Insured
Permanent Employees , Retired / Superannuated / Pensioners
Coverage
Hospitalization for accident & emergency Treatments , OPD , Domiciliary treatment , Maternity , All pre-existing illness , AS PER RFP
Family Members (dependants) to be Covered
Yes
Dependent member(s) to be covered
Spouse , Children , Parents / Parents-In-Law , Parents , Parents- In-Law
Co-Payment Percentage
NA
Top-Up Cover to be Provided
No
Buffer Sum Insured for Group Mediclaim to be used at the discretion of the Buyer
Yes
Amt of Buffer Sum Insured to be provisioned at the organization level (in INR)
AS PER RFP
Premium Payment Options
Single Premium
List of Insurer from where insurance to be taken(can indicate multiple service providers)
IFFCO TOKIO General Insurance Co. Ltd. , National Insurance Co. Ltd. , Any IRDA approved Insurance companies
Type of Insured (Buyer to select type of Insured)
Family
Age Group of Insuree
36
Insurance Start Date
19-10-2026
Insurance End Date
18-10-2027
Minimum Floor Price defined by Buyer
No

Tender documents

Documents you must submit

  • Experience Criteria
  • Bidder Turnover
  • Certificate (Requested in ATC)
  • OEM Authorization Certificate
  • OEM Annual Turnover
  • Additional Doc 1 (Requested in ATC)
Show all 9
  • Additional Doc 2 (Requested in ATC)
  • Additional Doc 3 (Requested in ATC)
  • Additional Doc 4 (Requested in ATC)

Eligibility

From the bid and reverse-auction documents

Experience

5 years

Min. turnover

₹68 Cr

a year, 3-year average

Experience & turnover exemptions

Micro & small enterprises (MSE)

No exemption
From the reverse auction
Exemption conditions

Exemptions depend on the evidence and conditions specified in the bid.

Preferences & relaxations

From the bid document

  • MSE purchase preference
  • EMD exemption

Check each criterion against the tender notice before you bid.

Commercial conditions

From the bid and reverse-auction documents

EMD
Not required
Performance guarantee
Not required
Offer validity
60 days
Contract period
1 Year(s) 1 Day(s)

Reverse auction extension

From the reverse auction

If any seller submits the offer price during last 15 minutes of RA end time, then RA will be automatically extended for next 15 minutes from the last participation time. There is no limit on such RA extension cycle.

View PDF · p. 1

Buyer requirements & conditions

Buyer-added conditions from the bid and the reverse-auction documents.

From the bid document

OPTION CLAUSE 25% : The buyer can increase or decrease the contract quantity or contract duration up to 25 percent at the time of issue of the contract. However, once the contract is issued, the contract quantity or contract duration can only be increased up to 25 percent. Bidders are bound to accept the revised quantity or duration. For lumpsum-based service contracts, the buyer may increase the scope of work and contract value up to 25 percent with the consent of the service provider

02

Buyer Added Bid Specific ATC

View PDF · p. 6

Buyer uploaded ATC document Click here to view the file.

From the reverse auction

Reverse auction — offer validity

View PDF · p. 1

Participation by the bidder in RA process would be considered as their consent for extension in offer validity by 30 days by the date of RA initiation.

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