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Lic - Life Insurance Corporation Of India Authority

Lic Life Insurance Corporation Of India — Past GeM Contracts, Spend & Vendor History | TenderDekho

Lic Life Insurance Corporation Of India has a recorded GeM contract history of 777 contracts totalling ₹59.8 crore. Frequent purchase categories include Paper-based Printing Services, Leasing Service Of Dg-set, Manpower Outsourcing Services - Minimum Wage. Past GeM contract activity is concentrated in Uttar Pradesh and Rajasthan. 371 vendors have supplied Lic Life to date — useful pricing benchmarks before you bid.

Contract History
Total Spend

Total contract value

₹79.3 Cr

Active tenders

3

GeM contracts

1,098

Sellers

489

Avg. contract value

₹7.2 L

Last activity

4 Jul 2026

Spend over time

Top sellers

HYUNDAI MOTOR INDIA LIMITED₹12.0 Cr
SHRIVIRAJ SECURITY SOLUTIONS PRIVATE LIMITED₹7.1 Cr
OMEGA SECURITY SOLUTIONS₹6.3 Cr
TIGER 4 INDIA LIMITED₹5.3 Cr
MARUTI SUZUKI INDIA LIMITED₹4.9 Cr
M/S ACTIVE MEDIA GROUP₹3.3 Cr
CLASSIC HUMAN RESOURCES PRIVATE LIMITED₹3.1 Cr
MASIYA MANPOWER SERVICES₹2.3 Cr

Spend by state

Where this authority's demand is concentrated.

assam₹6.5 Cr
delhi₹5.6 Cr
uttar pradesh₹5.2 Cr
karnataka₹4.7 Cr
bihar₹3.6 Cr
madhya pradesh₹3.5 Cr
tamil nadu₹1.8 Cr
uttarakhand₹1.8 Cr

Spend by category

What this authority spends the most on.

Manpower Outsourcing Services - Minimum wage₹15.1 Cr
Security Manpower Service (Version 2.0)₹14.7 Cr
Hiring of Sanitation Service - Manpower Based Model₹5.6 Cr
Leasing Service of DG-Set₹2.2 Cr
Canteen Service - Best Price on Fixed Menu Rate Model₹1.8 Cr
Paper-based Printing Services₹63.2 L
Custom Bid for Services₹58.5 L
Facility Management Services - LumpSum Based₹51.7 L

Procurement modes

How contracts are typically awarded here.

Direct Purchase(DP)737
Bid257
Lowest price by92
BID/RA12

Contract value distribution

Typical deal size — sets expectations before you quote.

Under ₹1L665
₹10L – ₹1Cr222
₹1L – ₹10L199
Above ₹1Cr12

Frequently Asked Questions

Key insights about Lic - Life Insurance Corporation Of India tender market

What is Lic Life's GeM contract history?

Lic Life Insurance Corporation Of India has 777 recorded GeM contracts worth a total of ₹59.8 crore. Average contract value: ₹7.7 lakh. The most recent recorded contract activity was on 19 June 2026.

What does Lic Life purchase through tenders?

Lic Life Insurance Corporation Of India procures Paper-based Printing Services, Leasing Service Of Dg-set, Manpower Outsourcing Services - Minimum Wage, among other categories.

What's the average contract value for Lic Life?

Average contract value: ₹7.7 lakh, across a total recorded contract value of ₹59.8 crore.

Who supplies Lic Life?

371 vendors are on record as having supplied Lic Life Insurance Corporation Of India across ₹59.8 crore of recorded contracts. Reviewing their pricing and product mix is a useful benchmark before bidding.

What is a Buyer Profile and how is it different from a tender listing?

A tender listing shows one live opportunity. This Buyer Profile shows Lic - Life Insurance Corporation Of India's full purchasing history — total spend, past contracts, the vendors already winning here, what products they buy, and how to reach the buying officer — so you can decide whether this authority is worth pursuing before you spend time on a bid.

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