LIC Life Insurance Corporation Medal Tender Central Delhi 2026 - Medals V3 Q4 Printing ISI/LIC Logo 2026

Tender Overview

Organization: Life Insurance Corporation Of India (LIC) – Department Of Financial Services. Product: Medals (V3) with optional lanyard/ribbon; Quantity: flexible quantity under 25% uplift per option clause; Location: Central Delhi, Delhi 110002. The tender includes artwork approval, decalation of print artwork, and use of LIC logo on a tri-color lanyard. Delivery/Installation: to LIC, Jeevan Prakash Building, 25 KG Marg, New Delhi; delivery terms extendable with the option clause. Unique requirement: physical medal samples within 5-6 days after bid end; Detailed Design Drawings approval within 5 days of award. This tender requires artwork alignment, sample validation, and compliance with specified weight and finish criteria.

Technical Specifications & Requirements

• Medal details: material, finish, diameter, thickness, printing option, and packaging to be specified in the bid; Weight target: 45-50 grams (square medal) without lanyard.
• Lanyard/Ribbon: tri-color (flag) with LIC logo; width and material to be defined in submission.
• Artwork & sample process: vendor must submit artwork for office approval; declare agreement to print approved artwork without extra charges beyond quoted price; sample medal delivery to LIC within 5-6 days post bid end.
• Documentation & turnover proof: CA certificate showing average annual turnover of at least ₹3,00,000 for 2023-24, 2024-25, 2025-26; copies of work orders for 2023-24 to 2025-26 from govt/PSU/listed company.
• Design validation: Detailed Design Drawings to be approved within 5 days of award; modifications list to be provided within 5 days.

Terms, Conditions & Eligibility

• Option Clause: Purchaser may increase/decrease quantity up to 25% during contract; delivery period adjusts proportionally but with a minimum of 30 days.
• Delivery address: LIC of India, Jeevan Prakash Building, 25 KG Marg, 5th Floor, Sales Department, Connaught Place, New Delhi 110001.
• EMD/Payments: not specified in data; bidders must adhere to standard tender EMD practices and provide required security as per bid documents.
• Sample/Artwork: mandatory submission of physical medal sample and artwork approval prior to fabrication; failure to supply samples may lead to rejection.
• Quality/Compliance: adhere to IS/ISO related standards as referenced in bid documents; ensure LIC logo usage on lanyard; maintain agreed weight and finish.
• Documentation: must submit CA turnover proof, work orders, and design drawings as part of bid submission.