Tender Overview
Organization: Life Insurance Corporation Of India (LIC) – Department Of Financial Services. Procurement: E-waste management service with degaussing; scope appears limited to degaussing activities within the environmental services category. Estimated value: ₹25,000. Location: location not specified in the tender; potential bidders should verify site details. Unique factors: 25% contract quantity/duration flex in the option clause; no BOQ items available, suggesting a potentially small, ad-hoc service scope. Eligibility hook: Centre procurement preference for Micro and Small Enterprises; manufacturer-based eligibility for goods and service providers; online validation via Udyog Aadhaar/URC. The tender emphasizes certificate uploads as a gating condition for bid validity. This signals a need for compliance posture and rapid onboarding for a compliance-driven government buyer.
Technical Specifications & Requirements
- Service category: E-waste management with degaussing.
- Estimated contract value: ₹25,000; no detailed itemized BOM (BOQ shows 0 items).
- Standards/certifications: Not explicitly listed; bidders should prepare general compliance docs and any relevant environmental service credentials.
- Delivery scope: Not defined; bidders must confirm site visit requirements and service windows.
- Experience: Purchase preference favors MSEs; services must be provided by an eligible service provider (no explicit technical standard codes provided).
- Key risk/controls: Option clause allows up to 25% increase in quantity or duration on contract issuance, with binding acceptance by bidders.
- Documentation: Upload certificates to avoid rejection; ensure alignment with ATC/Corrigendum terms.
Terms, Conditions & Eligibility
- EMD: Not specified in the provided data; verify in tender documents.
- Purchase preference: Reserved for MSEs; must be manufacturer for goods or service provider for services; must upload relevant documentary evidence.
- Assignment/Sub-contract: Not allowed without prior written consent; joint and several liability retained by the original seller.
- Delivery & payment terms: Not detailed; bidders should seek explicit delivery timelines and payment terms in the final contract.
- Compliance: Timely submission of GST, PAN, and relevant experience/financial documents is mandatory to avoid rejection.
