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LIC Life Insurance Corporation of India Manpower Outsourcing Tender Pune Maharashtra 410301 2026

Bid Publish Date

08-Jul-2026, 6:37 pm

Bid End Date

24-Jul-2026, 12:00 pm

EMD

₹18,00,000

Location

PUNE , MAHARASHTRA
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Progress

Issue08-Jul-2026, 6:37 pm
AwardPending
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Quantity

115

Bid Type

Single Packet Bid

Categories 2

SERVICES RECRUITMENT SERVICES

Tender Overview

The Life Insurance Corporation of India (LIC), under the Department of Financial Services, invites bids for Manpower Outsourcing Services in Pune, Maharashtra 410301. The procurement targets unskilled manpower with minimum wage applicability for high school graduates or equivalent. The tender provides a substantial EMD of ₹18,00,000 and allows contract variation up to 50% in quantity or duration prior to issuance, with consent post-award. The absence of BOQ items suggests a flexible scope aligned to LIC procurement of on-site staffing services in Pune. Bidders should prepare for compliance with LIC’s standard outsourcing practices and ensure readiness for rapid deployment if required. This tender’s unique aspect is the post-award quantity/duration adjustment window, enabling responsive workforce scaling.

Technical Specifications & Requirements

  • Product/Service: Manpower Outsourcing Services (Unskilled, Minimum wage tier; High School level eligibility)
  • Location: Pune, Maharashtra (410301)
  • Estimated value and exact scope: Not disclosed; EMD: ₹18,00,000 required
  • Documentation context: No BOQ items; procurement is governed by LIC outsourcing norms and Department of Financial Services policies
  • Key considerations: No technical specifications provided; bidders must rely on standard government outsourcing compliance and LIC contracting practices
  • Experience indicators: Demonstrate capability for rapid deployment of unskilled labor and compliance with minimum wage guidelines

Terms, Conditions & Eligibility

  • EMD: ₹18,00,000 (deposit to be paid as per tender terms)
  • Contract variation: Up to 50% increase/decrease in quantity or duration before award; post-award variation up to 50% with service provider consent
  • Delivery/Deployment: Contingent on LIC procurement timelines; on-site staffing in Pune as required
  • Documentation: Standard outsourcing compliance documents; GST, PAN, experience proofs, financials, and identity verification as per LIC norms
  • Warranty/Penalties: Not specified; governed by LIC outsourcing mandate and service levels to be defined in contract

Key Specifications

  • Product/service names: Manpower Outsourcing Services (Unskilled) for LIC Pune

  • Quantities/volumes: Not disclosed; subject to 50% pre-award variation

  • EMD amount: ₹18,00,000

  • Experience: Demonstrable capability for rapid deployment of unskilled labor

  • Standards/Certification: LIC outsourcing compliance; minimum wage adherence

Terms & Conditions

  • EMD of ₹18,00,000 required for bid submission

  • 50% variation in contract quantity/duration allowed pre-issuance and post-award with consent

  • No BOQ items; scope governed by LIC outsourcing norms and Department of Financial Services policies

Important Clauses

Payment Terms

Not explicitly stated; contract will follow LIC outsourcing standards and government payment practices after award

Delivery Schedule

Deployment of unskilled manpower in Pune as required; timelines to be defined in contract

Penalties/Liquidated Damages

Not specified in provided data; penalties to be detailed in the final contract per LIC norms

Bidder Eligibility

  • Demonstrated experience in manpower outsourcing for unskilled workers

  • Financial capacity to maintain ₹18,00,000 EMD and ongoing payrolls

  • Compliance with minimum wage and local labor regulations in Maharashtra

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Manpower Outsourcing Services - Minimum wage - Unskilled; High School; Others

Advisory Bank

IDBI Bank

Payment Timelines

Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

Delivery Details

Delivery Locations

1

Delivery Cities

Pune

Delivery Pincodes

411037

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Mohan Shridhar Patil411037,Survey No 688-A, 4th Floor, Mahaveer Park Bldg, Bibvewadi, Pune Satara Rd Pune 411 037PuneMaharashtra411037115-Bonus (INR per day) : 68.88 EDLI (INR per day) : 0 EPF Admin Charge (INR per day) : 8.27 Optional Allowances 1 (INR per day) : 0 Optional Allowances 2 (INR per day) : 0 Optional Allowances 3 (INR per day) : 0 Estimated Number of Overtime Hours per Resource per Month : 0 Remuneration per resource per hour for Overtime Hours (Including all applicable allowance etc & excluding GST) : 0 ESI (INR per day) : 26.87 Provident Fund (INR per day) : 99.24 Number of working days in a month : 26 Tenure/ Duration of Employment (in months) : 24

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 6

GeM-Bidding-9578615.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for manpower outsourcing

4

Financial statements (last 2–3 years)

5

EMD submission proof (₹18,00,000)

6

Technical bid documents and method statement

7

OEM authorizations (if applicable) and identity proofs

8

Any LIC-specific compliance certificates

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to bid for LIC manpower outsourcing tender in Pune Maharashtra 2026

Bidders should first meet eligibility criteria for unskilled outsourcing, prepare GST, PAN, and financial statements, submit the ₹18,00,000 EMD, and provide experience certificates. Ensure compliance with LIC outsourcing norms and Department of Financial Services policies, and be ready for a 50% pre/post-award quantity/duration variation.

What documents are required for LIC outsourcing tender in Pune

Required documents include GST and PAN credentials, experience certificates in manpower outsourcing, financial statements, EMD proof of ₹18,00,000, technical bid and deployment plan, and any LIC-specific compliance certificates or authorizations to ensure eligibility.

What is the EMD amount for LIC manpower outsourcing bid 2026

The bid requires an EMD of ₹18,00,000. Submit proof of deposit according to LIC’s tender guidelines and ensure the EMD remains valid through the bid evaluation period to maintain eligibility.

What are the contract variation rules for LIC Pune outsourcing

The contract allows up to 50% variation in quantity or duration before award, and the same cap post-award with the service provider's consent, enabling scalable deployment of unskilled labor as per LIC needs.

What standards govern LIC manpower outsourcing tender in Maharashtra

Tender adheres to LIC outsourcing norms and Department of Financial Services policies, mandating minimum wage compliance for unskilled workers and standard government outsourcing practices, with final terms defined in the contract.

When will deployment of manpower occur for LIC Pune tender

Deployment timelines are defined in the contract after award, with readiness to mobilize unskilled staff in Pune per LIC requirements and the 50% variation clause accommodated if needed.

What payment terms apply to LIC manpower outsourcing contract

Payment terms will follow LIC outsourcing norms and government procurement practices post-award; exact schedule (milestones and invoicing) will be specified in the contract awarded by LIC.

How to ensure eligibility for LIC manpower tender in 2026

Meet eligibility via proven manpower outsourcing experience, maintain GST/PAN, provide financial statements, demonstrate wage-compliance capability, and secure the ₹18 Lakh EMD; ensure readiness for deployment in Pune under LIC and DFS policies.

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