RFQ-Group Personal Accident Insurance Policy for Employees

In case, holiday is declared by the Government on the day of opening the bids, the bids will be opened on the next working day at the same time. [...] Quotations shall remain valid for acceptance by the Institute for a period of Three months from the date of opening of the bid and the bidder shall not cancel or withdraw the quotation during this period. [...] Arbitration Clause: In the event that the Successful Bidder is not satisfied by the decision of the Registrar, Indira Gandhi Institute of Development Research, the dispute shall be settled by arbitration in accordance with the provisions of arbitration and conciliation act, 1996 or any enactment thereof. [...] The coverage for the mid leavers shall be till the date of leaving the Institute. [...] The employees leaving before completing of the contract insurance period, the pro-rata premium amount should be refunded to the Institute from the date of his/her leaving the Institute.