Tender for Procurement of Group Term Life Insurance

The INDIAN INSTITUTE OF MANAGEMENT (IIM), AMRITSAR, a Public sector organization in India, has invited bids for Procurement of Group Term Life Insurance in Amritsar, Punjab, India.

As per the official tender notification (Tender ID: 2026_IIMAS_905324_1 | Ref ID: 139464564). The estimated tender value is ₹ 899173, with an Earnest Money Deposit (EMD) of ₹ 18000.

The tender is published on 13 Apr 2026, and the last date for bid submission is 18 Apr 2026.

All Eligible contractors, suppliers, and service providers from Miscellaneous Services category are invited to participate in this opportunity, subject to meeting the prescribed eligibility criteria and tender conditions.

Notice Status: This Tender has Expired. While the deadline of 18 Apr 2026 has passed, this record remains available for historical reference, price benchmarking, and industry tracking purposes in Punjab.

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Procurement Summary

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Country: India

State: Punjab

Summary: Procurement of Group Term Life Insurance

Posting Date: 13 Apr 2026

Deadline: 18 Apr 2026

Purchaser's Detail

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Other Information

Notice Type: Tender

RefID: 139464564

Notice Ref. No.: IIMASR/SP/2026-27/255/612

Tender Value: ₹ 899173

Tender EMD: ₹ 18000

Tender Document Cost: Refer Document

Competition: NCB

Financier: Self Financed

Purchaser Ownership: Public

Tender's Details

Procurement of Group Term Life Insurance
Category: Miscellaneous Services
Organisation Chain: Indian Institute of Management Amritsar||Stores and Purchase - IIMASR
Tender Category: Services
Product Category: Miscellaneous Services
Sub Category: NA
Form Of Contract: Works
Contract Type: Tender
Bid Validity(Days): 30
Period Of Work(Days): 365
Document Download / Sale Start Date: 13-Apr-2026 06:00 PM
Document Download / Sale End Date: 18-Apr-2026 06:00 PM
Bid Submission End Date: 18-Apr-2026 06:00 PM
Bid Opening Date: 20-Apr-2026 09:00 AM
EMD Amount in ₹: 18, 000
Tender Value in ₹: 8, 99, 173
Tender Fee in ₹: 0.00