LIC Life Insurance Corporation Wall Clocks Tender Gwalior Madhya Pradesh 12510 ISI 12510 2026
Bid Publish Date
05-Sep-2026, 1:56 pm
Bid End Date
15-Sep-2026, 2:00 pm
Value
₹2,00,000
Location
Progress
Tender Overview
Life Insurance Corporation of India (LIC), Department of Financial Services, invites bids for Battery Operated Wall Clocks conforming to IS 12510 (Q4), located in GWALIOR, MADHYA PRADESH 474001. Estimated value: ₹200,000. Tender requires compliance with IS 12510 for timekeeping devices and permits quantity adjustments up to 25% at contract award and during execution. Unique clause permits extended delivery time based on additional quantity using a defined formula, with minimum 30 days. The tender emphasizes verifiable past supply to central/state govt or PSU within the last three financial years. The absence of BOQ items indicates a straightforward purchase of standard wall clocks.
Technical Specifications & Requirements
- Product category: Battery-operated wall clocks
- Standard: IS 12510 (Q4) compliance
- Delivery scope: Bidder must be able to scale up to 25% more quantity during contract and again during currency up to 50% under LIC right
- Evidence of performance: Documentary proof of supply of similar article to central/state govt/PSU in 23-24, 24-25, 25-26; proof of current FY accepted if before bid end date
- OEM/Turnover: Not required to submit OEM authorization or turnover certificate
- OEM/Brand: No explicit brand restriction beyond IS 12510 compliance
- Delivery timeline considerations: Delivery period begins after original delivery order; extension logic provided with minimum 30 days
- Location: Gwalior, Madhya Pradesh
- BOQ: No items in the BOQ; procurement is for standard clocks
Terms, Conditions & Eligibility
- EMD: Not explicitly specified in data
- Quantity flexibility: LIC reserves right to alter bid quantity by up to 50% and to increase/decrease during contract as per ATC
- Proof of experience: Required for similar article supply to govt/PSU in last 3 financial years with >10% of bid quantity
- Delivery & payment terms: Terms outline delivery periods and extension mechanics; payment terms not detailed here
- Documentation: Must provide documentary proof of past supply and any current FY evidence
- Conflicts: If conflict arises, bidder terms prevail over general terms
- Warranty/after-sales: Not specified in data
- Jurisdiction: Governed by LIC guidelines and government procurement norms
Key Specifications
-
Product/service: Battery-operated wall clocks conforming to IS 12510
-
Quantity: Not specified in BOQ; indicative procurement value ₹200,000
-
Standards: IS 12510 (Q4) compliant
-
Delivery: Quantity adjustments up to 25% at award and during currency; minimum 30 days added time if extended
-
Proof: Prior supply to central govt/state govt/PSU in last three financial years with >10% bid quantity
Terms & Conditions
-
Bid quantity may be increased or decreased by up to 25% during contract placement and currency
-
Proof of past supply to government bodies required for eligibility
-
OEM authorization/turnover certificate not required per ATC; LIC may adjust quantity by up to 50%
Important Clauses
Payment Terms
Not explicitly stated in data; terms to be as per LIC bid document; ATC notes override general terms
Delivery Schedule
Delivery period commences from last date of original delivery order; extension rules based on additional quantity and minimum 30 days
Penalties/Liquidated Damages
Not described in provided data; penalties, if any, to be detailed in contract terms
Bidder Eligibility
-
Must provide documentary proof of supply of similar article to central govt/state govt/PSU in 23-24, 24-25, 25-26
-
Must provide documentary proof of current FY supply prior to bid end date
-
Must demonstrate supply performance for >10% of bid quantity to govt/PSU in last 3 financial years
Tender Data
Bid Details
Quantity
1000
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
1
OEM Avg. Turnover
2
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
Wall Clocks (Battery Operated) (V2) Conforming to IS 12510 (Q4)
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 | 1000 | 30 | - |
Authority Records
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Documents 2
GeM-Bidding-9851101.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
3
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Required Documents
GST registration certificate
PAN card
Experience certificates for similar article supply to central govt/state govt/PSU in 23-24, 24-25, 25-26
Documentation of current FY supply (before bid end date)
Proof of bid quantity >10% of bid quantity supplied to govt/PSU in last 3 years
Any OEM authorizations (not required per ATC) if available
Financial statements or turnover evidence (if requested by LIC)
Technical bid documents demonstrating IS 12510 compliance for wall clocks
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for LIC wall clocks tender in Gwalior MP 2026
Bidders must meet eligibility: supply of similar article to govt/PSU in 23-26, document current FY proof, demonstrate quantity exposure above 10% of bid quantity, and IS 12510 compliance. Include GST, PAN, and experience certificates. Delivery terms follow option clause with 25% quantity variation.
What documents are required for LIC wall clocks procurement 2026
Submit GST registration, PAN card, experience certificates for govt/PSU supply in 23-26, current FY supply proof, and evidence of past performance for >10% of bid quantity. Include technical proof of IS 12510 conformity and any available OEM authorizations if applicable.
What are IS 12510 standards for LIC wall clocks
Clocks must conform to IS 12510 (Q4) for accuracy, reliability, and battery operation. Provide test reports or certificates proving IS 12510 compliance, including timekeeping precision, battery life, and finish quality as part of technical bid documentation.
What is the quantity variation allowed for LIC tender
LIC reserves right to adjust quantity by up to 25% at contract award and during currency. Additionally, LIC may alter bid quantity by up to 50% per ATC, with corresponding delivery time recalculations per formula.
When will delivery be required for the LIC clocks
Delivery period starts after the last date of the original delivery order. If additional quantity is ordered, extended delivery time is calculated as (Additional quantity / Original quantity) × Original delivery period, with a minimum of 30 days.
Are OEM authorizations required for LIC wall clocks
OEM Authorization/Turnover Certificate is not required as per ATC clause. Bidders can participate with IS 12510 compliant clocks without OEM endorsement, but must demonstrate govt/PSU supply experience as specified.
What are the key eligibility criteria for bidding LIC clocks
Key criteria include proving prior supply of similar article to govt/PSU in 23-26, providing proof of current FY if before bid end date, and demonstrating >10% bid quantity supply in prior years. No mandatory OEM turnover documents are required.
What are the delivery and penalty terms for LIC clocks
Delivery terms are governed by original order and extension provisions. Penalties or LD clauses are not detailed in the data; bidders should review the final contract for penalties, warranties, and performance bonds if specified.