LIC Life Insurance Corporation Gas Stoves Procurement Gwalior MP IS 4246 2026
Bid Publish Date
03-Sep-2026, 3:06 pm
Bid End Date
14-Sep-2026, 4:00 pm
Value
₹4,59,000
Location
Progress
Tender Overview
Organization: Life Insurance Corporation of India (LIC) – Department of Financial Services. Product: Domestic gas stoves for use with LPG, marked to IS 4246 (Q3). Location: Gwalior, Madhya Pradesh 474001. Estimated Value: ₹459,000. No BOQ items listed. Tender allows quantity adjustments up to ±25% at contract award and during execution; extension time is proportional to added quantity with a minimum of 30 days. Emphasizes LIC discretion to modify quantities and delivery windows under option clause.
Technical Specifications & Requirements
- No explicit technical specs in the tender data. Required alignment with LPG stoves that are IS 4246 (Q3) compliant.
- Bidder must demonstrate prior supply of similar articles to Central/State Govt or PSU entities in any of the last three financial years (2023-24 to 2025-26) or current FY if before bid end date.
- A minimum proof of quantity: provide evidence of supply of more than 10% of bid quantity to government bodies in any of the last three financial years.
- Delivery/quantity flexibility clause: LIC may increase/decrease bid quantity by up to 50%.
- Conflict resolution: terms in this ATC override general terms if discrepancies arise.
Terms & Eligibility
- EMD: Amount not specified in the data; bidders should verify tender documents for exact deposit requirements.
- Delivery Timeline: Delivery period aligned with original order plus any exercised option; extended delivery time calculations follow the specified formula and minimum 30 days.
- Documentation: Bidders must provide documentary proof of prior similar supply to govt/PSUs; proof of current FY performance allowed if dated before bid end date.
- Right to Modify Terms: LIC reserves the right to adjust bid quantity by up to 50%; conflicts resolved in favor of ATC terms.
- GST/PAN/Financials: Not explicitly listed in the summary; bidders should prepare standard bid submission documents as per LIC/T&C.
Key Specifications
-
- Product: Domestic gas stove for LPG
-
- Standard: IS 4246 (Q3) compliant
-
- Estimated value: ₹459,000
-
- Quantity flexibility: LIC may modify bid quantity by up to 50%
-
- Delivery window: Calculated extension formula with minimum 30 days
-
- Eligibility proof: Prior supply to central/state govt/PSU in 2023-24 to 2025-26 or current FY
-
- No BOQ items listed in tender
Terms & Conditions
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Option clause allows ±25% quantity variation at award and during contract
-
Delivery extension depends on added quantity; minimum 30 days
-
LIC can increase/decrease bid quantity up to 50%
-
Proof of prior govt/PSU supply required for eligibility
-
Conflict between ATC and general terms favors ATC clauses
Important Clauses
Delivery Terms
Delivery period starts from the last date of original delivery order; time scales extend proportionally with added quantity.
Quantity Adjustment
LIC may increase or decrease bid quantity up to 50% at any time; bidder must comply with revised quantity at contracted rates.
Proof of Experience
Submit documentary proof of supply to central/state govt or PSU in last three financial years; current FY proof allowed if dated before bid end date.
Bidder Eligibility
-
Experience in supplying similar LPG domestic gas stoves to govt/PSU
-
Evidence of turnover and financial stability for last three FYs
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Compliance with IS 4246 (Q3) standards for gas stoves
Tender Data
Bid Details
Quantity
153
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
2
OEM Avg. Turnover
10
Past Performance
10 %
Experience Required
1 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Domestic Gas Stoves for use with Liquefied Petroleum Gas Marked To IS 4246 (Q3)
Delivery Details
Max Delivery Days
30
Delivery Locations
1
Delivery Cities
Gwalior
Delivery Pincodes
474011
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Anupam Tiwari | 474011,LIC OF INDIA, DIVISIONAL OFFICE, JEEVAN PRAKASH, CITY CENTRE, GWALIOR | Gwalior | Madhya Pradesh | 474011 | 153 | 30 | - |
Authority Records
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Documents 4
GeM-Bidding-9843182.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for supplying similar domestic gas stoves to govt/PSU
Financial statements or turnover proof for last 3 financial years
EMD deposit proof (DD/online payment receipt)
Technical bid compliance documents
OEM authorization or dealership certificate (if applicable)
Proof of current FY performance (if before bid end date)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for LIC gas stove tender in Gwalior MP 2026
Bidders should submit GST, PAN, experience certificates, financial statements, EMD, and OEM authorizations. Ensure IS 4246 compliance, provide govt/PSU supply proof from 2023-24 to 2025-26, and demonstrate >10% bid quantity supply to govt bodies. Follow option clause for quantity adjustments.
What documents are required for LIC gas stove procurement in MP
Required documents include GST certificate, PAN, experience certificates for similar supplies to govt/PSU, financial statements for last three years, EMD submission proof, technical compliance documents, and OEM authorization if applicable. Ensure current FY performance proof if within bid window.
What are the IS 4246 standards for gas stoves in this tender
Bidders must supply stoves marked to IS 4246 with Q3 classification. Provide certification or test reports aligning with IS 4246 requirements; ensure LPG compatibility, safety standards, and performance criteria as per IS 4246 guidelines.
What is the delivery time framework for quantity variations
Delivery time starts from the last date of the original delivery order. If quantity increases under the option clause, extended time equals (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days. LIC may extend up to the original delivery period.
What is the bid quantity adjustment percentage in LIC tender
The purchaser reserves the right to increase or decrease quantity up to 25% at contract placement and up to 50% during the currency of the contract, at contracted rates. Bidders must accommodate revised quantities accordingly.
What proof of previous supply is required for eligibility
Provide documentary proof of supply of similar articles to central/state govt or PSU at least once in last three FYs (23-24, 24-25, 25-26) or current FY if before bid end date, with additional proof for >10% of bid quantity in any year.
When is the estimated value and location for this tender
Estimated value is ₹459,000. The procurement location is Gwalior, Madhya Pradesh. The focus is on IS 4246 (Q3) compliant LPG gas stoves suitable for LIC use.
What are the key eligibility criteria for this LIC bid
Eligibility includes prior govt/PSU supply of similar stoves, evidence of turnover for three fiscal years, IS 4246 compliance, and OEM authorization if required. Bidders must demonstrate capacity to meet potential 10% bid quantity supply and adhere to delivery flexibilities.