LIC Life Insurance Corporation of India WILECRAFT BACKPACK BAG Tender 2026 - Delivery Clause & 25% Quantity Option
Bid Publish Date
14-Sep-2026, 7:45 pm
Bid End Date
28-Sep-2026, 8:00 pm
Location
Progress
Key Highlights
- • Organization explicitly named: Life Insurance Corporation of India (LIC)
- • Category: WILECRAFT BACKPACK BAG
- • Quantity flex: +/- 25% at contracted rates
- • Delivery extension formula: (additional quantity ÷ original quantity) × original delivery period with minimum 30 days
- • ATC document referenced for bidder compliance
- • No BOQ items or explicit specifications provided in the data
- • No explicit EMD amount or estimated contract value disclosed
Tender Overview
Organization: Life Insurance Corporation of India (LIC) under the Department of Financial Services. Product category: WILECRAFT BACKPACK BAG. Location not specified. Estimated value and EMD: not disclosed in available data. Bid terms emphasize quantity flexibility and delivery timelines with an option clause allowing ±25% quantity changes at contracted rates. Unique clause: delivery period adjustments are based on the formula (additional quantity ÷ original quantity) × original delivery period, with a minimum of 30 days. This tender focuses on a standard backpack bag procurement for LIC supply chain needs and includes ATC terms referenced in the uploaded document.
Technical Specifications & Requirements
- Product name: WILECRAFT BACKPACK BAG.
- No specific BOQ items present. No technical specs published in the extract.
- Buyer-supplied ATC document referenced; bidders should review for exact compliance criteria.
- Specific standards, dimensions, materials, or branding requirements are not disclosed in the available data.
- The terms indicate standard procurement governance, including option to modify quantity and revised delivery timelines during contract execution.
- Bidders should prepare for generic procurement compliance if detailed specs are released in the ATC.
Terms, Conditions & Eligibility
- Option Clause: Purchaser may increase/decrease order quantity by up to 25% at contract price; extended delivery period applies with the same rates.
- Delivery Period: Calculated as above; minimum extension baseline is 30 days; extension can continue within original delivery window.
- Bidders must comply with these delivery and quantity flexibilities during contract performance.
- The tender includes an uploaded ATC document that bidders must view for additional terms.
- EMD, payment terms, and other typical submission requirements are not detailed in the provided excerpt; bidders should refer to the ATC and the parent tender documentation for exact figures.
Key Specifications
-
Product/service names: WILECRAFT BACKPACK BAG
-
Quantities: +/- 25% option on bid quantity
-
Delivery: minimum 30 days extension unless original period exceeds, with calculated extension formula
-
Standards/Certifications: not specified in data; refer to ATC
-
Branding/OEM: not specified; verify with ATC
-
Testing/Quality: not specified; rely on ATC for criteria
Terms & Conditions
-
Quantity variation up to 25% over contracted quantity
-
Delivery period adjustments follow the given formula with a 30-day minimum
-
Review ATC document for all additional terms and conditions
Important Clauses
Option Clause
The Purchaser may alter quantity by up to ±25% at contracted rates during placement and throughout the contract currency.
Delivery Schedule
Delivery period commences from the last date of the original delivery order; extended time calculated as (additional quantity ÷ original quantity) × original delivery period, minimum 30 days.
ATC Document
Bidder must review the uploaded ATC for any additional bid-specific terms and compliance criteria.
Bidder Eligibility
-
Eligibility criteria not fully disclosed in the provided data; bidders should satisfy standard LIC procurement prerequisites as per ATC
-
Compliance with delivery extension terms and quantity variation
-
Ability to adhere to unspecified EMD and documentation requirements per ATC
Tender Data
Bid Details
Quantity
160
Bid Type
Two 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
125
Past Performance
30 %
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
WILECRAFT BACKPACK BAG
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
15
Delivery Locations
1
Delivery Cities
East Godavari
Delivery Pincodes
533107
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Mummidivarapu Ramjee | 533107,Morampudi junction Rajahmundry Ap | East Godavari | Andhra Pradesh | 533107 | 160 | 15 | - |
Authority Records
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Documents 4
GeM-Bidding-9892501.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
Corrigendum Updates
1 Update Update
Extended Deadline
28-Sep-2026, 2:30 pm
Opening Date
29-Sep-2026, 2:30 pm
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates (if applicable – not specified in data)
Financial statements (as required by terms)
EMD document (if applicable – amount not disclosed)
Technical bid documents (as per ATC)
OEM authorization (if required by ATC)
Frequently Asked Questions
Key insights about ANDHRA PRADESH tender market
How to bid for LIC backpack bag tender in 2026 with quantity flexibility
Bidders should review the ATC for LIC backpack bag; ensure capability to supply WILECRAFT BACKPACK BAGS. Prepare to meet the ±25% quantity variation clause, align delivery with the formula (additional ÷ original) × original period, and confirm minimum 30 days extension. Include EMD and required documents per ATC.
What documents are required to participate in LIC backpack bag bid
Submit GST certificate, PAN, experience certificates, financial statements, EMD proof, and technical bid per ATC. OEM authorizations may be required if specified. Ensure alignment with LIC procurement terms and attach all documents referenced in the uploaded ATC for verification.
What are the delivery terms for LIC backpack bag procurement
Delivery begins after the original delivery order date; if quantities increase, delivery time extends using the formula (additional quantity ÷ original quantity) × original period, with a mandatory minimum of 30 days. The purchaser may extend within the contract’s original window.
What are the key standards required for the backpack bag tender
Exact standards are not published in the extract. Review the ATC document for any IS/ISO specifications or brand-specific requirements. Bid readiness should include possible ISI or other certifications as indicated by the ATC.
What is the deadline to respond to LIC backpack bag tender 2026
The start and end dates are not disclosed in the provided data. Bidders must consult the uploaded ATC and LIC procurement portal for submission deadlines and any extensions related to quantity variations.
How is the option clause applied in LIC backpack bag contract
During contract, LIC may modify the order by up to 25% of bid quantity at the same contract rates. Delivery schedules adjust accordingly under the same terms, enabling flexible procurement to match LIC’s demand shifts.
What are the qualification requirements for the backpack bag bid
Specific qualification criteria are not detailed here. Applicants should satisfy LIC procurement norms per ATC, provide financial stability evidence, and demonstrate capability to supply WILECRAFT BACKPACK BAGS in required quality and quantity.
Where to view the ATC document for LIC backpack bag tender
Access the uploaded ATC in the LIC tender listing on the portal. The ATC contains mandatory technical criteria, submission formats, and any OEM authorizations or branding requirements needed to qualify for the bid.