UPSRTC Term Life Insurance Services Procurement

Work Description - Term Insurance

This tender, issued by the Finance Controller of the U.P. State Road Transport Corporation (UPSRTC), invites sealed bids for the provision of Term Insurance services. The tender, identified by Tender ID 2026_UPSRT_1169224_1 and reference number 1065FA/26-105FA/16 dated 10/07/2026, is an open tender with two covers, encompassing Technical and Financial proposals. The Work Description is "Term Insurance" with a Tender Value of ₹4,00,000 and a Period of Work of 30 days. Key dates for this tender include the document download start and bid submission start date of 15-Jul-2026 at 09:00 AM, and the document download end date, bid submission end date, and bid opening date all on 12-Aug-2026, with the submission deadline at 03:00 PM and opening at 04:00 PM. The EMD amount required is ₹50,000, payable to the Secretary UPSRTC Lucknow. The tender fee is ₹590, also payable to the Secretary UPSRTC Lucknow. A Pre-Bid Meeting is scheduled for 24-Jul-2026 at 04:48 AM at the UPSRTC Headquarter Lucknow. All bids are to be submitted offline, and the bid validity period is 30 days. The organization is a State Govt. and UT entity.