LIC Life Insurance Corporation of India Printer Consumables Tender Bilaspur Chhattisgarh 2025

Tender Overview

The Life Insurance Corporation of India (LIC), Department of Financial Services, invites bids for a range of printer consumables, including Epson, HP, Lipi and Canon components, in Bilaspur, Chhattisgarh. Estimated quantity planning spans 12 item slots with a total procurement breadth covering printer ribbons, genuine inks, print heads and related spares. The order contemplates staggered delivery and an EMD of ₹54. The supplier must demonstrate OEM authorization, GST handling, and adherence to staggered supply schedules. A unique feature is the option to adjust quantity by up to 25% during contract and currency, with delivery time recalculation. This tender targets established distributors/resellers capable of supporting multiple printer brands at LIC’s sites. The requirement emphasizes shelf life of ≥1 year and timely warranty service, with penalties for delays. The procurement aims to ensure uninterrupted printing for LIC operations, while providing the flexibility to scale orders within the contract term.

Technical Specifications & Requirements

• Delivery schedule: 1626 units within 15 days of contract placement; thereafter 542 units per month until completion.
• Shelf life: minimum 1 year; usable life balance on supply date must extend to at least 01.01.2027.
• Warranty & penalties: 3-day service/rectification window; 0.5% of unit price per week penalty for delays; cumulative penalty capped at 10% of total contract value; potential PBG forfeiture and alternate sourcing rights.
• EMD: ₹54; Bidders to assess GST themselves with reimbursement aligned to actuals or applicable rate.
• Manufacturer Authorization: required if bidding via authorized distributors; provide OEM authorization with contact details.
• Option clause: quantity may be increased/decreased by up to 25% at contracted rates.
• Standards/Brand: multiple brands listed (Epson, HP, Lipi, Canon) with itemized consumables; no explicit product specs beyond brand/part names.
• BOQ: 12 items listed; specific quantities not disclosed in provided data.

Terms, Conditions & Eligibility

• GST handling: bidder bears GST; reimbursement as per actuals or applicable rate, whichever is lower.
• Delivery timing: staggered delivery plan; 1626 units in 15 days, 542 units per month thereafter.
• OEM authorization: mandatory for authorized distributors; submit authorization certificate with full details.
• Shelf life: minimum 1 year; date balance must extend beyond supply date to at least 01.01.2027.
• Warranty/penalties: 3-day remedy window; 0.5% weekly penalty; max 10% total; possible PBG forfeiture and alternative sourcing at seller’s cost.
• Terms of payment: not fully specified; GST and supplier terms to govern.
• Option clause: quantity adjustment up to 25% during contract and currency.
• Documentation: follow T&C; provide standard tender documents and OEM authorizations as applicable.