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GEM

Institute Of Insurance And Risk Management Laundry Service Tender IIRM IRDAI Karnataka Rajasthan 2026

Bid Publish Date

22-Jun-2026, 10:39 am

Bid End Date

02-Jul-2026, 10:00 am

EMD

₹48,600

Value

₹10,80,000

Location

Rangareddi , TELANGANA

Progress

Issue22-Jun-2026, 10:39 am
AwardPending
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Quantity

28080

Bid Type

Single Packet Bid

Key Highlights

  • Critical EMD amount: ₹48,600 required with bid
  • 50% quantity/duration adjustment capability during and after contract issue
  • Lumpsum service contract expansion requires service provider consent
  • Organization: Institute Of Insurance And Risk Management (IIRM) under IRDAI
  • Tender category: Laundry service for various use cases
  • No BOQ items published; emphasis on service delivery and scalability
  • Prepare to align with IRDAI procurement norms and risk management standards
  • No explicit technical specifications published; focus on operational capability

Categories 1

Tender Overview

Organization: Institute Of Insurance And Risk Management (IIRM) under the Insurance Regulatory Development Authority Of India (IRDAI). Service category: Laundry Service for commercial/residential/industrial use. Estimated value: ₹10,80,000.00 with an EMD of ₹48,600. Location: Not specified. Scope: Laundry service contract with potential quantity/duration adjustments up to 50% during tender issuance and post-award amendments. Unique aspect: Buyer terms allow mid-contract scope expansion up to half the original magnitude, applicable to lumpsum service contracts with provider consent. Tender targets vendors capable of reliableLaundry operations and compliance with IRDAI procurement norms.

Technical Specifications & Requirements

  • No technical specifications are published in the BOQ. The tender implies a service-based scope (laundry) with no itemized list of deliverables.
  • No items are listed in the BOQ; bidders should prepare for general laundry service capabilities, including washing, drying, ironing, load handling, and timely pickup/drop.
  • Estimated contract value indicates a mid-size engagement; ensure capability to scale to demand levels implied by the 50% quantity/duration flex clause.
  • Ensure readiness to meet standard government procurement terms and the implied capability to provide service-level commitments consistent with IRDAI guidelines.

Terms, Conditions & Eligibility

  • EMD: ₹48,600 must accompany bid submission.
  • Quantity/Duration Flex: Up to 50% increase/decrease at tender issue and post-award, with provider consent for lumpsum services.
  • No BOQ items; bidders must demonstrate laundry operations capability, governance, and service delivery reliability per IRDAI procurement practices.
  • Compliance with standard procurement processes, documentation, and post-award amendments as per Buyer Added Terms.

Key Specifications

  • Product/Service: Laundry service for commercial/residential/industrial use

  • Estimated contract value: ₹10,80,000.00

  • EMD: ₹48,600

  • Flexibility: 50% scope/duration adjustment

  • BOQ: Not populated; no itemized specs available

  • Delivery/operational capability: general laundry, handling, turnaround

  • Standards/certifications: Not specified in tender data

Terms & Conditions

  • EMD of ₹48,600 required with bid submission

  • 50% quantity/duration flexibility during contract issuance and post-award

  • Lumpsum service contracts require provider consent for scope expansion

Important Clauses

Payment terms

Not specified; bidders should infer standard government terms and pursue clarity during bid submission

Delivery Schedule

Turnaround and pickup/drop expectations are not detailed; bidders must propose service-level timelines consistent with IRDAI norms

Penalties/Liquidated Damages

No explicit LD terms published; bidders should seek clarity on consequences for service lapses during bid prep

Bidder Eligibility

  • Experience in providing laundry or similar service contracts

  • Financial stability evidenced by recent financial statements

  • GST registration and PAN compliance

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Laundry Service - Commercial/Residential/Transport/Industrial Purpose

Authority Records

MINISTRY OF FINANCE

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Documents 3

GeM-Bidding-9500982.pdf

Main Document

Scope Of Work Document

SCOPE_OF_WORK

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates in laundry/maintenance services

4

Financial statements (latest)

5

EMD submission proof and payment details

6

Technical bid documents outlining service capability

7

OEM authorizations or vendor certifications (if applicable)

Frequently Asked Questions

How to bid in IRDAI laundry service tender in India 2026

Bidders must submit GST, PAN, financials, and experience certificates with the bid. Include EMD of ₹48,600 and technical bid detailing laundry capability. The tender permits up to 50% quantity/duration variation; ensure service capability aligns with the revised scope and obtain provider consent for expansions.

What documents are required for laundry service tender in IRDAI

Required documents include GST registration, PAN, latest financial statements, experience certificates in laundry or related services, EMD proof, and technical bid outlining capabilities. OEM authorizations or certifications strengthen submission; ensure all documents are current and valid.

What are the 50% contract variation terms in IRDAI tender

The buyer may increase or decrease contract quantity or duration up to 50% at issue and post-award. For lumpsum contracts, the scope and value may be adjusted by up to 50% with the service provider's consent, requiring formal amendments.

What is the EMD amount for the IRDAI laundry bid 2026

The EMD amount is ₹48,600. Submit the EMD as specified (DD/online as applicable) with the bid package to qualify for technical evaluation and prevent bid rejection.

What standards or certifications are required for this laundry tender

Tender data does not specify standards; bidders should highlight compliance with general procurement norms, demonstrate occupational safety and hygiene practices, and attach any relevant certifications or affiliations to boost credibility.

When is the laundry service tender submission deadline

Submission deadlines are not provided in the data. Bidders should monitor official procurement notices and contact IRDAI/IIRM procurement desks for precise dates, ensuring EMD submission ahead of due date and timely technical bid delivery.

How to demonstrate eligibility for IRDAI laundry procurement

Demonstrate eligibility with GST and PAN validity, financial stability via recent statements, and prior laundry or related service experience. Provide service capability details, client references, and evidence of capacity to handle potential 50% scope adjustments.

What is the estimated value and scope of this laundry contract

Estimated value is ₹10,80,000.00. The contract covers laundry services with potential expansion up to 50% in quantity or duration, subject to mutual consent for lumpsum engagements and post-award amendments.

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