Tender Overview
Life Insurance Corporation Of India invites bids for computer paper 9x12x1-A, 9x12x1-B, 9x12x1-C, 9x12x1-D, 9x12x1-E across India with an estimated value of ₹452,000. The contract accommodates a 25% quantity variance at award and during the term, at contracted rates. Delivery timelines adjust from the last delivery order date, with minimum 30 days extension if options are exercised. This procurement targets standard office paper for LIC financial services operations and requires compliance with the purchaser’s option clause. Unique aspect: multi-item lot for common stationery paper with flexible quantities.
Technical Specifications & Requirements
- Product categories: computer paper 9x12x1-A, B, C, D, E (office stationery)
- Estimated value: ₹452,000; no explicit unit price provided
- No explicit technical specifications listed in tender data; focus on standard office paper quality and LOI compliance
- BoQ items: 5 items, N/A quantities stipulated in provided data; contract scope includes generic paper supply rather than specialized media
- Delivery and installation requirements not detailed; supplier must align with LIC’s internal delivery schedules
- Experience or certifications: not specified; emphasis on option clause and contract flexibility
- OEM/brand requirements: not stated; no IS/ISO spec disclosed
Terms, Conditions & Eligibility
- Quantity option clause permits ±25% variation at award and during currency
- Delivery period calculated from the last date of original delivery order; extended time proportional to increased quantity with a minimum of 30 days
- Purchaser may extend delivery duration up to the original delivery period while exercising option clause
- EMD requirements, submission documents, and eligibility criteria are not explicitly listed; bidders must rely on standard LIC bid documents
- Compliance with purchaser’s option clause and delivery terms is mandatory for all bidders
