ARTIFICIAL LIMBS MANUFACTURING CORPORATION OF G T Road, Naramau, – 209217

“TENDER DOCUMENT” of Tender No. GPAI/15-16/01 dated: 1st December 2016 Due on 22nd December 2016

M/s ______

Sub: Quotation for Group Personal Accident Risk Insurance Policy

Dear Sir,

ALIMCO is a Mini Ratna Category II CPSU working under the aegis of Department of Empowerment of Persons with Disabilities, Ministry of Social Justice & Empowerment, Government of India. It is registered under section 25 of the Companies Act, 1956 (presently Section 8 of the Companies Act, 2013) and is a manufacturer of aids & appliances for the disabled persons. The corporation is a nodal agency for implementation of ADIP and ADIP-SSA schemes of Government of India. The corporation has its manufacturing plants and Head Office at Kanpur and other auxiliary production centers are located at Bhubaneswar, Jabalpur, Bangalore and Chanalon. The marketing Centers of the corporation are located at New , Mumbai, Kolkata, Hyderabad and its north east activities are controlled by Outreach Centre at Guwahati.

Sealed quote is invited for the Group Personal Accident Insurance as per details indicated below:-

SCOPE OF WORK:

With an intention to provide protection to the employee in case of any mishap by them. The Corporationis introducingGroup Personnel Accident Insurance scheme for all its employees. This policy has to cover risk of all employees of the Corporation for Rs. 12.50 lakhs each against Deathand Permanent total Disabilities. At present the Corporation is having 302 nos. of employees.

Required information about the employees, by the Insurance Companies from the the Corporation needs to be indicated clearly as annexure of the quote.

ELIGIBILITY OF TENDERER:

Only Nationalized Insurance Company i.e. M/s The New India Assurance Company Limited, M/s United India Insurance Company limited, M/s National Insurance Company limited and M/s Oriental Insurance Company limited shall be eligible for quote against this tender.

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INSTRUCTIONS TO TENDERERS:

Quotation for the policy to cover risk of employees of the Corporation for Rs.12.50 lakhs each against Death and Permanent Total Disabilities along with required details of the beneficiaries shall be submitted in sealed envelope superscribing the Name of the Firm, Tender No., Tender Due Date.

Quotation containing Rate along with required beneficiaries’ details must reach at the undermentioned address by 15:00 hrs. on 22.12.2016: -

Madan Kumar Jha Manager (Finance) M/s Artificial Limbs Manufacturing Corporation of India G.T. Road, Naramau Kanpur - 209217

No tender shall be acceptable after the due date and time. The tenderer shall only be responsible for any delay caused during the delivery of tender submitted by post/Courier. Nature of taxes & duties needs to be mentioned with applicable rate and whenever rate of taxes will be amended by Govt., it will be paid on actual basis. In case tax/duties are not mentioned separately the quote will be treated as inclusive of taxes/duties. Policy shall be taken from the L-1 party. In case of contradiction in words & figure, amount in words will prevail.

VALIDITY OF OFFER/QUOTATION:

The offer/quotation submitted against this Tender shall be valid up to 90 days from the date of opening.

The tenderer shall be bound by terms of this tender document, if notification of acceptance of the offer against this tender is issued within the validity period.

There is a provision of renewal of the policy on year to year basis based on the performance of the Insurer at the same terms and conditions on mutual consent.

GENERAL TERMS & CONDITIONS OF TENDER:

Any offer submitted against this tender in deviation from the terms of this tender will stand rejected. All entries in the offer shall be either typed or neatly hand written. Tenders having over writings/fluid application/cutting etc. without proper authentication will be rejected. Conditional Offer / Quotation shall not be acceptable.

Thanking you,

Yours faithfully For Artificial Limbs Manufacturing Corpn. of India

(M.K. Jha) Manager (Finance)

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