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LIC Life Insurance Corporation of India procurement Raipur Security Equipment Tender 2026

Bid Publish Date

07-Jun-2026, 3:45 pm

Bid End Date

19-Jun-2026, 4:00 pm

Progress

Issue07-Jun-2026, 3:45 pm
AwardPending
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Quantity

3000

Bid Type

Single Packet Bid

Tender Overview

The LIC - Life Insurance Corporation of India, Department Of Financial Services, seeks the supply of goods in Raipur, Chhattisgarh, under the 35th Establishment Day of CZO. The scope is limited to the supply of goods (no BOQ items listed) with an emphasis on compliant GST invoicing, logo printing, and adherence to purchase preferences for MSEs. Estimated value and EMD details are not disclosed in the provided data. The tender emphasizes option-based quantity adjustments up to 25% and a flexible delivery timeline tied to contract progression. The bidders must demonstrate financial turnover stability and past performance in similar procurements, aligned to CSC/GEM guidelines.

Key Specifications

    • Scope: supply of goods (no installation) to LIC Raipur, Chhattisgarh
    • Quantity flexibility: up to 25% more than contracted quantity
    • Delivery timeline: minimum 30 days for additional time, based on formula
    • GST compliance: mandatory GST invoice and GST payment confirmation
    • Branding: seller must print logo per buyer's requirement
    • Sub-contracting: prohibited without written consent; liability remains with seller
    • Financials: three-year turnover evidence required (audited or CA/Cost Accountant certificate)

Terms & Conditions

  • Delivery quantity may vary up to 25% with extended delivery time formula

  • GST invoicing and GST payment screenshots are mandatory for GeM invoicing

  • MSE purchase preference applies under Centre policy; turnover and documents required

Important Clauses

Payment Terms

Not explicitly stated; however, GST invoicing and GeM payment confirmations are required as part of tender compliance

Delivery Schedule

Delivery period begins from the last date of original delivery order; extended time computed as (increased quantity ÷ original quantity) × Original delivery period, with minimum 30 days

Penalties/Liquidated Damages

Not specified in the provided data

Bidder Eligibility

  • Minimum average annual turnover as per bid document (last 3 years)

  • GST registration and valid GST invoicing capability

  • Experience certificates demonstrating similar goods supply

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

35th Establishment Day of CZO

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Bid Preparation GeM Registration Document Filing

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Documents 4

GeM-Bidding-9433686.pdf

Main Document

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

PAN card

3

Audited financial statements for last 3 years or CA/Cost Accountant turnover certificate

4

Experience certificates in relevant supply of goods

5

OEM authorization (if applicable)

6

GST invoice samples and GST payment confirmation screenshots on GeM

7

Logo printing proof as per buyer requirements

Frequently Asked Questions

Key insights about CHHATTISGARH tender market

How to bid for LIC Raipur goods tender 2026 with 25% quantity option

Bidders must meet turnover criteria for the last 3 financial years and provide audited balance sheets or CA/Cost Accountant certificates. Include GST registration, GST invoice samples, and GeM payment confirmations. Ensure logo printing compliance and obtain written consent before any subcontracting; delivery terms allow up to 25% quantity variation.

What documents are required for LIC Raipur procurement goods bid

Submit GST registration, PAN, audited financial statements or CA certificate showing turnover, experience certificates for similar supply, OEM authorizations if needed, GeM GST invoice and payment screenshot, and logo printing proof per buyer instructions; ensure all documents are current and properly scanned.

What are the technical specifications for LIC Raipur goods tender

No itemized BOQ is provided; the tender focuses on compliance with GST invoicing, logo printing, and turnover criteria. The procurement is strictly for supply of goods with option to adjust quantity up to 25% and a delivery timeline that begins after the original delivery order.

When is delivery time extension allowed in LIC tender

Delivery extension follows the formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. The purchaser may extend to the original delivery period under option clauses while maintaining contracted rates.

What is the MSE purchase preference for LIC Raipur tender

Public Procurement Policy for Micro and Small Enterprises provides purchase preference to eligible MSEs. Submit MSE status documentation; the policy is intended to give priority in bidding when criteria are met and in line with Centre norms.

What are GeM invoicing requirements for LIC tender

Bidders must upload scanned GST invoices and the GST portal payment confirmation during GeM invoice generation to ensure compliant payment processing and audit trail for the Raipur procurement.

What standards or branding requirements exist for LIC Raipur bid

Branding requires printing the buyer-specified logo on goods as part of compliance. While no specific product standards are listed, ensure branding accuracy and alignment with LIC’s design requirements during submission.

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