Employees State Insurance Corporation Insulin Pen Needle (V2) Tender India 2026 – GST, EMD ₹19,000, 25% Quantity Flexibility

Tender Overview

Employees State Insurance Corporation (ESIC) invites bids for the supply of Insulin Pen Needle (V2). Estimated value is ₹618,550 with an EMD of ₹19,000. The procurement scope is limited to the supply of goods; no BOQ items are listed. A 25% quantity variation is allowed at contract placement and during the currency of the contract at contracted rates. Bidders must be prepared to deliver within extended timelines if the option clause is exercised. The tender emphasizes compliance with GST and domestic after-sales support for imported products, with submission of necessary EMD documents. This opportunity requires bidders to verify turnover criteria per the bid documentation and to provide audited financial statements or CA certificates as proof of turnover.

Technical Specifications & Requirements

• Product: Insulin Pen Needle (V2) (no device-specific technical specs published in the tender data)
• Estimated Value: ₹618550; EMD: ₹19000
• Quantity Flexibility: up to 25% increase/decrease at order placement and during contract currency at contracted rates
• GST Handling: bidder bears applicable GST; reimbursement as per actuals or the applicable rate, whichever is lower
• OEM/Importer: if imported, must have a registered Indian office for after-sales service; certificate required
• Delivery Scope: strictly the supply of goods; no installation services
• EMD/Payment Handling: EMD can be provided via Demand Draft or Banker’s Cheque payable at New Delhi; hard copy to be delivered within 5 days of bid end/opening
• Turnover Evidence: last three years’ audited statements or CA certificate to prove turnover, with 3-year accounting window referenced

Terms, Conditions & Eligibility

• EMD: ₹19,000 via DD/BC payable to ESIC Fund Account No 1, New Delhi, with scanned proof and delivery of hard copy within 5 days
• GST: bidder bears GST; reimbursement limited to actuals or applicable rate (lower of the two)
• OEM/After-Sales: for imported items, must have Indian registered office for after-sales service; certificate required
• Scope: bid price must include all costs for goods; no ancillary services
• Turnover: minimum average annual turnover for the last three years required, with documentary evidence (audited balance sheets or CA certificate); if bidder is under 3 years old, turnover for completed years post-incorporation used
• Option Clause: quantity variation up to 25%; extension rules align with the extended delivery period and original quantities
• Delivery & Penalties: delivery period terms reference the option clause; no explicit LD details published
• Documentation: submission of GST, PAN, experience certificates, and financials as applicable; ensure hard-copy EMD delivery per terms