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 23-01-2025 and the last date for bid submission is 24-03-2025. 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

Opening Date23 Jan 2025
Closing DateCancelled
Tender Amount₹ 11,00,00,000 

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The required prior work experience for the bidder is 5 years for the same or similar service. The bidder must have successfully executed/completed similar services over the last three years, with specific requirements including: 1. Three similar completed services costing not less than 40% of the estimated cost (which is 110000000, so 40% of this is 44000000); 2. Two similar completed services costing not less than 50% of the estimated cost (which is 110000000, so 50% of this is 55000000); 3. One similar completed service costing not less than 80% of the estimated cost (which is 110000000, so 80% of this is 88000000). Additionally, the minimum average annual turnover of the bidder for 3 years is 4400 Lakh.

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