Procurement Of Group Term Life Insurance Policy For The Employees Of Iim Amritsar

Work Description - Procurement Of Group Term Life Insurance Policy For The Employees Of Iim Amritsar

The Indian Institute of Management Amritsar (IIM Amritsar), a Central Government Ministry/Department, invites open tenders for the Procurement of Group Term Life Insurance Policy for its employees. The Tender Reference Number is IIMASR/SP/2025-26/255/610, with Tender ID 2026_IIMAS_903850_1. This tender falls under the Services category, specifically for Miscellaneous Services. The estimated Tender Value is ₹9,87,762 and requires an Earnest Money Deposit (EMD) of ₹19,800, payable offline via Demand Draft to the Indian Institute of Management Amritsar. EMD exemption is allowed based on specified guidelines. The tender documents, including the Notice Inviting Tender (NIT) and Price Bid, can be downloaded from 27-Mar-2026 05:00 PM until 10-Apr-2026 02:00 PM. Bids must be submitted online between 27-Mar-2026 05:00 PM and 10-Apr-2026 02:00 PM. The Bid Opening Date is scheduled for 11-Apr-2026 02:30 PM and will be conducted online. Bidders must submit required documents, including Organization Registration, GST, PAN, Experience Certificate, Average Annual Turnover, and acceptance of Terms and Conditions, alongside the Price Bid in two separate covers. The contract period is 365 days, with a bid validity of 90 days. The Dean Admin, IIM Amritsar, serves as the Tender Inviting Authority. No tender fee is applicable for this tender.