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LIC Life Insurance Corporation of India 2 PC Mug Set Borosil 25cl Tender East Delhi 2026

Bid Publish Date

16-Jun-2026, 5:51 pm

Bid End Date

26-Jun-2026, 6:00 pm

Value

₹2,00,000

Progress

Issue16-Jun-2026, 5:51 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

944

Bid Type

Two Packet Bid

Tender Overview

Organization: Life Insurance Corporation of India (LIC), Department of Financial Services, procuring a 2 PC Mug Set Borosil 25cl in East Delhi, Delhi 110031. Estimated value: ₹200,000. Delivery location: LIC OF INDIA, JEEVAN PRAGATI, PLOT NO 6, DELHI DISTT CENTER, LAXMI NAGAR, DELHI-110092. BOQ shows 0 items, but tender scope targets Borosil glassware for LIC procurement needs. Key differentiator is the explicit quantity option clause allowing up to 25% variation during contract; this impacts bid sizing and risk planning. The ATC references standard purchase terms and termination rights, with delivery timing anchored to the original delivery schedule and adjusted for extensions. This tender emphasizes contingency for altered quantity and strict delivery controls within LIC’s procurement framework.

Technical Specifications & Requirements

  • Product name: 2 PC Mug Set Borosil 25cl
  • Estimated value: ₹200,000
  • Delivery address: LIC OF INDIA, JEEVAN PRAGATI, DELHI DISTT CENTER, LAXMI NAGAR, DELHI-110092
  • Option clause: Quantity may increase/decrease by up to 25% of bid/contract quantity
  • Delivery period: Commences from last date of original delivery order; extended period as per option formula (minimum 30 days)
  • Contract risk provisions: Termination rights for non-compliance, delays, bankruptcy, misrepresentation; no subcontracting without consent
  • Contractual liabilities: Seller remains liable with assignee/sub-contractor; joint/several liability applies
  • Contact for delivery: Vijay Yadav, 9818025213

Terms, Conditions & Eligibility

  • EMD: Not specified in available data
  • Delivery terms: Delivery to LIC Delhi location; installation/commissioning not explicitly stated
  • Payment terms: Not specified in available data
  • Termination rights: Buyer may terminate for non-compliance or delivery failure
  • Assignment/sub-contract: Must obtain prior written consent from buyer; joint liability remains
  • Documentation: Standard bid documents and ATC terms apply; details not fully enumerated in data
  • Duration/extension: Delivery extensions governed by option clause with calculated time formula
  • Contact person: Vijay Yadav, LIC Delhi procurement point of contact

Key Specifications

    • Product: 2 PC Mug Set Borossil 25cl
    • Estimated value: ₹200,000
    • Delivery location: LIC OF INDIA, JEEVAN PRAGATI, DELHI DISTT CENTER, LAXMI NAGAR, DELHI-110092
    • Quantity flexibility: +/- 25% of bid/contract quantity
    • Delivery period: From last date of original delivery order; extended time per formula with minimum 30 days
    • Contract terms: Termination rights for non-compliance, delivery failure, bankruptcy, misrepresentation; assignment/sub-contract require consent
    • Liability: Seller remains jointly liable with assignee/sub-contractor

Terms & Conditions

  • EMD amount not disclosed; bidders should verify at bid stage

  • Option clause allows 25% quantity variation during and after contract

  • Delivery address and contact details specified; strict delivery timeframes apply

Important Clauses

Payment Terms

Not specified in data; bidders should seek LIC clarification on advance, milestones, and final payment terms.

Delivery Schedule

Delivery commences from the last date of the original delivery order; extended delivery time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.

Penalties/Liquidated Damages

LIC may terminate or seek remedies for failure to deliver, late delivery, or non-compliance; specific LD rates not provided in data.

Bidder Eligibility

  • Demonstrated experience in supplying Borosil glassware or similar consumer ware

  • Valid GST registration, PAN card, and financial stability documentation

  • Ability to meet delivery to LIC Delhi location within specified timeframes and comply with option quantity clauses

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

2 PC MUG SET LARAH BY BOROSIL 25CL

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 6

GeM-Bidding-9471275.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for similar glassware/supply contracts

4

Financial statements or turnover proof

5

EMD/Security deposit documents (if applicable by LIC terms)

6

Technical bid documents demonstrating product compliance (BorosiI 25cl mugs)

7

OEM authorization or supplier authorization for Borosil products

8

Any prior contract performance details or completion certificates

Frequently Asked Questions

Key insights about DELHI tender market

What documents are required for the Borosil mug tender in East Delhi

Bidders must submit GST registration, PAN, experience certificates for similar glassware supply, financial statements, EMD documents, technical bid demonstrating Borosil 25cl mug compliance, and OEM authorizations for Borosil products. Ensure LIC procurement terms apply to assignment and delivery conditions.

How to handle quantity variations in LIC borosil mug contract 2026

The contract allows up to 25% increase or decrease in quantity at contract time and during the currency of the contract. Plan bids with scalable production and confirm updated delivery schedules. Ensure pricing remains valid for adjusted quantities and confirm extended delivery periods if orders grow.

What is the delivery location for the Borosil mug set bid in Delhi

Delivery is to LIC OF INDIA, JEEVAN PRAGATI, PLOT NO 6, DELHI DISTT CENTER, LAXMI NAGAR, DELHI-110092. Coordinate with Vijay Yadav at 9818025213 for delivery milestones, contact and escalation procedures, and to confirm on-site acceptance criteria.

What are the payment terms for LIC mug set procurement 2026

Payment terms are not specified in the available data. Bidders should seek confirmation from LIC procurement to determine whether milestones, advance payments, or 30-day payment timelines apply after delivery, with any penalties for delays clearly defined in the contract.

Which standards apply to Borosil 25cl mugs in LIC tender

The tender data does not list specific standards. Bidders should provide product conformity to Borosil’s 25cl mug standards and any BIS/IS certification if requested by LIC procurement, ensuring packaging and labeling meet regulatory and LIC quality expectations.

How can vendors participate in LIC mug tender East Delhi 2026

Register as a vendor with LIC, obtain OEM authorization for Borosil products, prepare bid documents (GST, PAN, financials, experience proofs), and confirm EMD requirements if stated. Ensure you understand the option quantity clause and delivery Address to LIC Delhi.

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