Pension Fund Regulatory And Development Authority Tender

Work Description - Inviting Bids From Irdai Registered Life Insurance Companies For Provision Of Group Term Insurance Policy For Officers/staff Members Of The Pfrda

The Pension Fund Regulatory and Development Authority (PFRDA), a Central Government Ministry/Department, invites open tenders for the provision of a Group Term Insurance Policy for its officers and staff members. This service-oriented tender, referenced as PFRDA/05/02/0001/2021-HR and Tender ID 2026_PFRDA_832345_1, seeks bids specifically from IRDAI registered Life Insurance companies. The estimated tender value is ₹18,00,000, and the contract duration is 365 days. There is no tender fee or EMD required. Key dates include a document download and bid submission deadline of March 24, 2026, at 03:30 PM, with bid opening scheduled for March 24, 2026, at 04:00 PM. The tender documents, including the NIT and RFP for FY 2026-27, are available for download from March 13, 2026, 06:55 PM. A pre-bid meeting is scheduled for March 18, 2026, at 12:30 PM at PFRDA New Delhi. Bids must be submitted in two covers: Fee/PreQual/Technical (.pdf) and Finance (.xls). General Manager (HR), PFRDA Delhi, serves as the Tender Inviting Authority. The location of the work is PFRDA New Delhi, with a bid validity period of 90 days.