LIC Life Insurance Corporation of India Steel Plate/Talhi Tender East Delhi 2026 IS 550-complaint 198000
Bid Publish Date
16-Sep-2026, 7:02 pm
Bid End Date
26-Sep-2026, 7:00 pm
Value
₹1,98,000
Location
Progress
Key Highlights
- • Lic - Life Insurance Corporation Of India procurement for Steel Plate/Thali (Q4) in Delhi
- • Quantity variation up to 25% during contract and extended period
- • 5-day window to submit Detailed Design Drawings and 5-day buyer feedback loop
- • Delivery location: Jeevan Pragati Building, Laxmi Nagar, Delhi-110092
- • End User Certificate may be required in buyer’s format
- • Non-transferable contract; no sub-contracting without prior consent
Tender Overview
The procuring organization is the Life Insurance Corporation Of India (LIC), working under the Department Of Financial Services, seeking a supplier for Steel Plate/Thali (Q4) in East Delhi, Delhi 110031. The estimated contract value is ₹198,000. The tender allows a quantity variation of up to 25% and requires detailed design drawings approved by the buyer within 5 days of award. Delivery and installation, if included, occur at LIC’s Sales Department, Jeevan Pragati Building, Delhi-110092. The buyer emphasizes post-award drawing approvals and adherence to approved designs, with LD implications tied to drawing delays. A robust compliance framework includes no liquidation or bankruptcy status and End User Certificate as applicable. Unique conditions include non-transferability of the contract, subcontracting consent, and joint liability for performance. This tender focuses on steel plate components supplied under standard procurement procedures, with a clear emphasis on timely drawing approvals and controlled delivery timelines.
Technical Specifications & Requirements
- Product category: Steel Plate/Thali (Q4) (no specifications provided in the data)
- Estimated contract value: ₹198,000
- Quantity variation: up to 25% during contract and extended delivery period
- Drawing approvals: supplier to submit Detailed Design Drawings within 5 days of award; buyer to approve or list modifications within 5 days; delivery reset if drawings delayed
- Delivery location: LIC of India, Sales Department, Jeevan Prakati Building, Plot 6, Laxmi Nagar, Delhi-110092
- Liabilities: joint and several liability, no sub-contracting without consent
- End User Certificate: to be provided in buyer’s standard format if required
Terms, Conditions & Eligibility
- EMD not specified in available data; bidders must assume standard procurement norms and provide as applicable
- Bidder must not be under liquidation or bankruptcy; must upload a related undertaking
- Contract is not transferable or sub-contractable without prior written consent
- Detailed Design Drawings must be approved pre-fabrication; non-compliance affects delivery timelines
- End User Certificate, GST, PAN and financial/experience documentation as per standard terms may be required
- Delivery and installation, if included, occurs at the LIC address in Delhi; penalties for delays governed by internal policy
Key Specifications
-
Product/service names: Steel Plate/Thali (Q4)
-
Estimated value: ₹198,000
-
Quantity variation: 25%
-
Drawing approvals: 5 days for submission and 5 days for buyer response
-
Delivery address: LIC of India, Sales Dept., Jeevan Prakati Building, Delhi-110092
-
Liability: joint and several; no subcontracting without consent
Terms & Conditions
-
Quantity may increase/decrease up to 25% at contract placement and during currency
-
Detailed Design Drawings must be approved within 5 days of award
-
Delivery and installation at LIC Delhi address; no LD for drawing delay
-
No contract assignment or subcontracting without prior written consent
Important Clauses
Payment Terms
Not specified in data; bidders should expect standard LIC procurement terms including milestone payments upon delivery and acceptance, subject to governing conditions.
Delivery Schedule
Delivery period linked to approved drawings; additional time may be provided as per option clause, subject to minimum 30 days.
Penalties/Liquidated Damages
Not detailed; implied LD may apply for delivery or non-compliance with approved drawings per buyer terms.
Bidder Eligibility
-
Not under liquidation, court receivership, or bankruptcy
-
Ability to supply steel plates/Thali meeting buyer's standards
-
Compliance with End User Certificate and standard GST/PAN submissions
Tender Data
Bid Details
Quantity
1200
Bid Type
Two Packet Bid
Bid Validity
180 (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
98
Past Performance
40 %
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
Steel Plate/Thali (Q4)
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
Delivery Pincodes
110092
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Anjna Rani | 110092,LIC OF INDIA SCOPE MINAR 9TH FLOOR LAXMI NAGAR DELHI | East | Delhi | 110092 | 1200 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9903433.pdf
Main Document
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration certificate
PAN card
Experience certificates relevant to steel plate procurement
Financial statements / turnover details
EMD submission document (if applicable)
Technical bid documents and product compliance statements
OEM authorization (if supplier is not OEM)
Frequently Asked Questions
Key insights about DELHI tender market
How to bid for LIC steel plate tender in East Delhi 2026?
Bidders should prepare GST registration, PAN, experience certificates, financial statements, and End User Certificate if required. Submit Detailed Design Drawings within 5 days of award and await buyer feedback within 5 days. Ensure no liquidation status and comply with non-transferability conditions.
What documents are required for LIC steel plate bid in Delhi?
Required documents include GST certificate, PAN, experience certificates for steel plate supply, financial statements, EMD (if applicable), technical compliance statements, and OEM authorizations if not the OEM. End User Certificate format may be required from the buyer.
What are the delivery terms for LIC steel plate supply in Delhi?
Delivery is to the LIC Sales Department, Jeevan Pragati Building, Delhi-110092. The delivery period may extend based on the option clause, with minimum extension of 30 days. Delivery aligns with approved drawings to avoid LD.
What is the quantity variation allowed in LIC tender?
The purchaser reserves the right to increase or decrease quantity up to 25% of the bid quantity at contract placement and during the currency of the contract at contracted rates.
Are subcontracting rights allowed for LIC steel plate procurement?
Sub-contracting requires prior written consent from the buyer. The seller remains jointly and severally liable for performance, even with an assignee or sub-contractor.
What is the estimated value for LIC steel plate tender in Delhi 2026?
The estimated contract value is ₹198,000. Bidders should tailor their proposals to meet this scope, ensuring compliance with drawing approvals and delivery timelines.