LIC Life Insurance Corporation of India Suitcase (V2) Tender Karnal Haryana 2026 - Suitcase Procurement Q3
Progress
Tender Overview
Organization: Life Insurance Corporation Of India (LIC) – Department Of Financial Services. Product: Suitcase (V2) under Q3 category. Location: Karnal, Haryana 132001. Estimated Value and EMD: not disclosed in the tender data. The contract allows a +/-25% quantity variation at both award and during the contract, with extension rules tied to original delivery period. Delivery address: 489-90 LIC OF INDIA, Divisional Office, Model Town, Karnal, 132001. Unique terms include GST handling on supplier invoices and a mandatory experience clause of 3 years in delivering similar category products to government entities. This tender emphasizes current market life (no obsolescence) and OEM authorization where applicable. The opportunity requires compliance with standard procurement processes and supplier capability for timely delivery and installation if covered. This tender’s differentiator is its flexible quantity clause and clear eligibility requirements, including authorized distributor involvement and OEM confirmation. This procurement underscores government-level compliance and professional governance in equipment supply.
Technical Specifications & Requirements
- Product category: Suitcase (V2) (Q3) for LIC Life Insurance procurement.
- Delivery terms: Delivery to Karnal address; delivery period tied to last date of original delivery order; extended time computed and minimum 30 days.
- Quality/obsolescence: Offer must be non-obsolete with at least 2 years residual market life as per OEM; no end-of-life declaration before this period.
- Experience: Bidder or OEM must demonstrate 3 years of regular manufacturing/supply to Central/State Govt/PSU prior to bid opening; contract copies required.
- Authorization: OEM authorization for distributors; provide authorization form with details.
- Invoicing: Invoices must be issued in consignee name with consignee GSTIN.
- GST: GST payable by bidder; vendor bears GST implications with possible reimbursement as per actuals or applicable rate.
Terms, Conditions & Eligibility
- EMD/Financial health: No explicit EMD amount provided; bidder must ensure sound financial standing and not be under liquidation.
- Delivery & installation: Installation/commissioning if in scope must occur at Karnal address.
- Variation clause: Quantity may be increased/decreased by 25% at contract placement and during currency at contracted rates.
- GST compliance: GST to be borne by bidder; reimbursement limited to actuals or applicable rates, whichever lower (subject to quoted GST%).
- Documentation: Include manufacturer authorization, contract copies showing prior govt/PSU supply, GSTIN details, and relevant experience certificates.
- Warranty/Obligations: Not explicitly stated; bidders should infer standard warranty practices per govt procurement norms.
- Obsolescence check: Ensure offered product is not end-of-life within a 2-year residual market life.
- Bidder eligibility: Must not be in liquidation or bankruptcy; compliance with OEM and supplier authorization requirements.
Key Specifications
-
Product name: Suitcase (V2) (Q3)
-
Delivery location: Karnal, Haryana 132001
-
Quantity variation: +/-25% during contract
-
Delivery timeframe: minimum 30 days for extended period
-
Experience: 3 years govt/PSU supply history
-
OEM authorization required for distributors
-
Invoicing: consignee name with GSTIN
-
Market life: not end-of-life within 2 years
Bidder Eligibility
-
3 years regular govt/PSU supply experience for same/similar category
-
Not under liquidation or bankruptcy
-
OEM authorization provided for distributors
Tender Data
Bid Details
Quantity
258
Category
Suitcase (V2)
Bid Type
Single Packet Bid
Bid Validity
30 (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
146
OEM Avg. Turnover
1
Past Performance
50 %
Experience Required
3 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
Suitcase (V2) (Q3)
Advisory Bank
AXIS BANK LTD
ePBG Percentage
5%
ePBG Duration (Months)
1
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
Karnal
Delivery Pincodes
132001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Kuldeep | 132001,LIC of INDIA, Divisional Office , 489-Model Town Karnal , Haryana | Karnal | Haryana | 132001 | 219 | 15 | - |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 3
GeM-Bidding-10055909.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
🤖 AI-Powered Bidder Prediction
Discover companies most likely to bid on this tender
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates showing 3 years of govt/PSU supply
Financial statements or solvency certificate
OEM authorization / Manufacturer Authorization for distributor
GSTIN and invoice address matching consignee details
Contract copies of similar previous supply to govt bodies
Technical compliance certificates (where applicable)
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid for LIC suitcase tender in Karnal Haryana 2026
Bidders must satisfy 3-year govt/PSU supply experience, provide OEM authorization, GSTIN, and invoices in consignee name. Ensure product is not end-of-life and comply with quantity variation up to 25%. Submit contract copies and financials with the bid.
What documents are required for LIC Karnal suitcase tender 2026
Required documents include GST registration, PAN, 3-year govt/PSU experience contracts, OEM authorization, financial statements, consignee GSTIN, and past procurement contracts. Invoices must be issued to the consignee with matching GSTIN and address.
Which standards or certifications are needed for government suitcase supply
The tender requires OEM authorization and non-obsolescence with at least 2 years residual market life. Ensure supplier can provide government-grade documentation and any applicable compliance certificates requested by LIC procurement.
What is the delivery schedule and extension policy for the Karnal suitcase tender
Delivery must commence from the last date of the original delivery order; extended time is calculated as (increased quantity / original quantity) × original delivery period, minimum 30 days, with possible extension up to the original delivery period.
How is GST handled for LIC suitcase procurement in Karnal
GST is to be paid by the bidder; reimbursement will be actual or at applicable rates, whichever is lower, based on quoted GST%. Ensure invoices reflect consignee GSTIN and address.
What constitutes eligible experience for LIC government suitcase bid
Bidder or OEM must have regularly manufactured and supplied the same/similar category products to govt bodies for 3 years prior to bid opening, with contract copies to support the claim.
What are the payment terms for LIC Karnal supply contract
Payment terms are not explicitly disclosed; bidders should anticipate standard govt norms and seek clarity on whether payment is milestone-based or after delivery, while ensuring compliance with invoicing to consignee GSTIN.