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Life Insurance Corporation of India Trophy Procurement Pune Maharashtra 410301 - Trophy Material Standards 2026

Bid Publish Date

13-Jul-2026, 11:40 am

Bid End Date

21-Jul-2026, 12:00 pm

Location

PUNE , MAHARASHTRA
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Progress

Issue13-Jul-2026, 11:40 am
AwardPending
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Quantity

500

Bid Type

Single Packet Bid

Tender Overview

Organization: Life Insurance Corporation of India (LIC) – Department of Financial Services, procuring a Trophy (V2) in Pune, Maharashtra 410301. The specification focuses on trophy construction, including material of the trophy, material of the base, and design style. Measurements require clear values for: Overall Height (Inch), Width (Inch), Height of Base (Inch), and Base dimensions (L x W in Inch). Although the BOQ lists zero items, the tender emphasizes precise craftsmanship and finish. This contract potentially involves a single trophy with specific aesthetic and dimensional requirements, underscoring brand alignment with LIC’s recognition program in the financial services sector. The unique aspect is the explicit material, design, and dimensional criteria coupled with a flexible quantity clause, ensuring bidders prepare for exacting fabrication standards while accommodating possible quantity adjustments under the option clause.

Technical Specifications & Requirements

  • Category: MATERIAL, DESIGN & DIMENSION
  • Product/Service: Trophy fabrication with defined material of the trophy and material of the base
  • Design parameters: Style / design of the trophy and precise dimensions:
    • Overall Height (Inches)
    • Width (Inches)
    • Height of the Base (Inches)
    • Base Dimension (L x W, Inches)
  • Emphasis on craftsmanship, finish, and conformity to the stated dimensional tolerances
  • No BOQ items listed, implying a focused, singular deliverable with strict material and design criteria

Terms, Conditions & Eligibility

  • Option Clause: Purchaser may increase/decrease quantity up to 25% of bid quantity at contract placement or during the currency, at contracted rates
  • Delivery timelines extend proportionally based on quantity adjustments, with a minimum extension rule of 30 days
  • Bidders must comply with quantity variation mechanics and extended delivery calculations
  • No explicit price or payment terms provided; bidders should anticipate standard government procurement payment practices and ensure readiness for milestone-based delivery
  • Ensure adherence to statutory bid submission requirements and potential export/import compliance if applicable

Key Specifications

  • Product/service names: Trophy fabrication

  • Categories: MATERIAL, DESIGN & DIMENSION

  • Key dimensions to be specified: Overall Height, Width, Height of Base, Base dimensions (L x W)

  • Material requirements: explicit 'Material of the Trophy' and 'Material of the Base'

  • Design style: specified as 'Style / Design of the Trophy'

  • Quality/finish expectations aligned to LIC branding and awards ceremonies

Terms & Conditions

  • Option Clause enabling +/-25% quantity adjustment at contract time

  • Delivery period adjustments based on quantity change with minimum 30 days

  • Acceptance contingent on exact material, design, and dimensional compliance

  • No BOQ items; single trophy-focused procurement with precise specs

  • Standard bid submission adherence and contract-law compliance

Important Clauses

Payment Terms

Not specified in available data; bidders should prepare for standard LIC payment practices following delivery milestones.

Delivery Schedule

Delivery period can extend with quantity variation; minimum 30 days extension logic applies.

Penalties/Liquidated Damages

Not specified in data; bidders should seek clarification on penalties, if any, for late delivery or non-conformance.

Bidder Eligibility

  • Experience in trophy fabrication or related awards product manufacturing

  • Ability to meet exact material, design, and dimensional specifications

  • Compliance with statutory registration and bid submission requirements

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Trophy (V2) (Q4)

Payment Timelines

Payments shall be made to the Seller within 15 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

Delivery Details

Max Delivery Days

15

Delivery Locations

1

Delivery Cities

Pune

Delivery Pincodes

411037

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Jitendra Vinayak Sutar411037,Survey No 688 A, 4th Floor, Mahaveer Park Bldg, Bibvewadi, Pune Satara Rd Pune 411 037PuneMaharashtra41103750015-

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 4

GeM-Bidding-9597110.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
MATERIAL, DESIGN & DIMENSION Material of the Trophy Aluminum
MATERIAL, DESIGN & DIMENSION Material of the Base MDF
MATERIAL, DESIGN & DIMENSION Style / Design of the Trophy Figurine Style Trophy
MATERIAL, DESIGN & DIMENSION Overall Height of the Trophy ( In Inch) 11 inch to 15 inch
MATERIAL, DESIGN & DIMENSION Width of the Trophy ( In Inch) 6 Inch to 9 inch
MATERIAL, DESIGN & DIMENSION Height of the Base (In Inch) 2.1 inch to 2.5 inch
MATERIAL, DESIGN & DIMENSION Dimension of the base (L x W ) (In Inch) 3 inch x 3 inch

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for trophy fabrication or related awards

4

Financial statements or audit reports (as applicable)

5

EMD/Security deposit documentation (if required by terms)

6

Technical bid documents detailing material, design, and dimensional specs

7

OEM authorizations or supplier certifications (if specified)

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to bid for LIC trophy fabrication tender in Pune 2026?

Bidders should submit GST, PAN, experience certificates, financial statements, and technical bid detailing material and dimensional specs. Prepare for the option clause allowing ±25% quantity variation and a proportional delivery timeline. Ensure compliance with LIC procurement standards and any OEM authorizations if required.

What documents are required for the trophy tender in Pune?

Required documents include GST certificate, PAN, experience certificates in trophy fabrication, financial statements, EMD documentation if applicable, and a technical bid outlining material, base, design, and dimensions. OEM authorizations may be requested depending on material suppliers.

What are the material and dimension requirements for the trophy?

Tender specifies separate fields: material of the trophy, material of the base, style/design, overall height, width, height of base, and base dimensions (L x W). Exact inch measurements must be provided by bidders with tolerance specifications in the bid.

When is the delivery timeline for the LIC trophy contract in Pune?

Delivery timing is linked to the original delivery order; any quantity changes trigger a minimum 30-day extension, with extended time calculated as (Additional quantity / Original quantity) × Original delivery period.

What is the option clause in LIC trophy tender in Maharashtra?

The purchaser may adjust quantity by up to 25% at contract placement and during the contract period at contracted rates, influencing delivery schedules and potential staged deliveries.

What standards or certifications are required for the trophy bid?

The tender emphasizes material and design specifics; while explicit standards are not listed, bidders should reference LIC branding requirements and ensure quality finish. ISO/IS standards may be applicable if specified in supplementary documents.

How are penalties or performance metrics handled for late trophy delivery?

Penalties are not detailed in the available terms; bidders should seek clarity on LDs or penalties during bid clarification and align schedules to the minimum delivery extensions described.

What are the key eligibility criteria for trophy suppliers in Pune?

Eligibility includes demonstrated experience in trophy fabrication, ability to meet exact material and dimensional specs, and compliance with standard bid submission requirements, including GST/PAN documentation and experience evidence.

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