Department Of Heavy Industry Tender

Work Description - Group Term Insurance Policy

The Department of Heavy Industry, a Central Government Ministry, invites open tenders for a GROUP TERM INSURANCE POLICY, with reference number HRMA-158-PR-20014641. The tender, categorized as Services, seeks to procure Group Term Life Insurance services for the Automotive Research Association of India (ARAI) located at ARAI, KOTHRUD, PUNE 411038. The tender process involves a two-cover system: a technical bid (Cover 1 in .pdf format) and a commercial bid (Cover 2 in .xls format). The tender documents, including the NIT and other relevant details, are available for download from March 10, 2026, 05:30 PM until March 13, 2026, 01:00 PM. Bids must be submitted electronically between March 10, 2026, 06:00 PM and March 13, 2026, 01:00 PM. The bid opening date is scheduled for March 13, 2026, at 02:00 PM at ARAI, KOTHRUD, PUNE 411038. This tender has a bid validity period of 90 days and a work period of 30 days. No EMD or Tender fee is applicable for this tender. Prospective bidders should note the clarification start date of March 10, 2026, 06:00 PM and end date of March 12, 2026, 05:00 PM. The Tender Inviting Authority is DIRECTOR, ARAI, KOTHRUD, PUNE 411038.