The Oriental Insurance Company Limited Tender

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The OICL has issued a formal invitation for competitive bids for the The Oriental Insurance Company Limited project, for CATEGORY: Custom Bid for Services - ---- in New Delhi, Delhi, with an estimated contract value of Rs. 11,00,00,000. The bid opening date for this tender is 03-05-2025 and the last date for bid submission is 28-05-2025. Interested bidders for The Oriental Insurance Company Limited tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

The Oriental Insurance Company Limited - OICL Tender

Services
Software and IT Solutions
GEM
Opening Date3 May 2025
Closing Date28 May 2025
Tender Amount₹ 11,00,00,000 
Notes
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Technical Capacity
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The required prior work experience for the bidder varies across sources. One source mentions 5 years of experience for the same or similar service, while another source does not explicitly mention the years of experience but considers "Years of Past Experience Required for same/similar service" as a factor. A third source mentions 33 years of experience. Regarding similar works completed, one source mentions the following criteria: - Three similar completed services costing not less than 40% of the estimated cost (110000000); - Two similar completed services costing not less than 50% of the estimated cost; - One similar completed service costing not less than 80% of the estimated cost. Another source mentions: - Two similar completed services costing not less than 50% of the estimated cost; - One similar completed service costing not less than 80% of the estimated cost. A third source mentions that the bidder should have completed similar services worth 4400 Lakh, without specifying a percentage. The estimated bid value is 110000000, and the minimum average annual turnover of the bidder for 3 years is 4400 Lakh.

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