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LIC Life Insurance Corporation of India Suitcase (V2) Q3 PAC Only Tender Central Delhi 2026

Bid Publish Date

30-Sep-2026, 7:00 pm

Bid End Date

22-Oct-2026, 7:00 pm

EMD

₹22,165

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Progress

Issue30-Sep-2026, 7:00 pm
Corrigendum15-Oct-2026
AwardPending

Key Highlights

  • • Specific EMD amount: ₹22,165 and EMD submission must accompany bid
  • • Option clause allows +/- 25% quantity variation during and after award
  • • Physical sample deadline: 5 days post bid end; mandatory for bid validity
  • • Turnover requirement: average ₹6.00 Lakh across any two FYs (2023-24 to 2025-26)

Tender Overview

Life Insurance Corporation of India invites bids for the Suitcase (V2) Q3 PAC Only category in Central Delhi, Delhi. The tender requires submission of EMD ₹22,165, with a 2% EMD documentation format via DD or image upload. The contract allows a +/- 25% quantity variation and extends delivery time pro-rata with a minimum of 30 days. A physical sample must reach LIC within 5 days after bid end. Bidders must demonstrate recent government work orders and average turnover criteria to qualify. This opportunity includes strict OEM/MAF authentication and anti-diversion clauses to ensure supply integrity.

Technical Specifications & Requirements

  • Product category: Suitcase (V2) (Q3) PAC Only; no BOQ items listed.
  • Delivery address: LIC OF INDIA, Delhi Division-1 Marketing Department, Jevan Prakash Building, 25 KG Marg, Connaught Place, New Delhi 110001.
  • EMD details: ₹22,165; submit a copy of DD or EMD image within 5 days from bid closing. Traders are not exempt from EMD; must upload EMD in bid documents.
  • Delivery/commercial flexibility: Option to increase/decrease quantity up to 25%; delivery period adjusts proportionally with a minimum 30 days.
  • Sample requirement: Physical sample due within 5 days of bid end; failure may lead to bid rejection.
  • CA turnover requirement: Average turnover of ₹6.0 Lakh across any two of the financial years 2023-24, 2024-25, 2025-26.
  • Past performance: Must show two government/central/state/PSU work orders in the last two financial years.
  • Authorization: OEM/MAF submission required if using authorized distributors; include complete OEM details.
  • EMD exemption note: Traders/re-sellers excluded from EMD exemption.

Terms, Conditions & Eligibility

  • Delivery address is fixed at LIC Delhi; installation, if included, occurs at that site.
  • Payment terms and exact penalties are defined under buyer terms; however, option to adjust quantities is explicit.
  • Documentation required: GST certificate, PAN, experience certificates, financial statements, work orders, MAf/OEM authorization, and EMD copy.
  • Timelines: Physical sample due within 5 days; original DD/EMD due within 5 days of bid closing; delivery period aligned to original delivery schedule with option extensions as per clause.
  • Ensure compliance with all buyer-added ATC clauses; non-compliance may disqualify bid.

Key Specifications

  • Product/service: Suitcase (V2) Q3 PAC Only

  • EMD: ₹22,165; DD or EMD image submission within 5 days

  • Quantity: 25% variation allowed; delivery period adjusted accordingly (minimum 30 days)

  • Turnover: average ₹6.0 Lakh across any two financial years

  • Past orders: two government/PSU work orders in last two financial years

  • Authorisation: OEM MAf required for distributor-submitted bids

  • Traders/re-sellers must submit EMD; no exemption

Terms & Conditions

  • Key Term 1: EMD of ₹22,165 and EMD submission method

  • Key Term 2: 25% quantity variation with pro-rata delivery extension

  • Key Term 3: Required CA turnover and two government/Govt work orders

Important Clauses

Payment Terms

Not explicitly detailed; payment terms to be as per buyer terms with contract delivery conditions

Delivery Schedule

Delivery period starts from last date of original delivery order; extended time proportional to quantity change; minimum 30 days

Penalties/Liquidated Damages

Not specified; penalties may be defined in the main tender terms or ATC

Bidder Eligibility

  • Average turnover of ₹6.0 Lakh across any two FYs (2023-24, 2024-25, 2025-26)

  • Two government/PSU work orders in last two financial years

  • OEM MAf or manufacturer authorization if using authorized distributor

  • Not an EMD-exempt trader/re-seller; must submit EMD

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Authority & Contact

Tender Data

Bid Details

Quantity

940

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

Yes

MII Purchase Preference

Yes

MII Preference Band

L1+20%

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

5

Past Performance

30 %

Experience Required

2 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

Suitcase (V2) (Q3) ( PAC Only )

Advisory Bank

IDBI Bank

ePBG Percentage

0.02%

ePBG Duration (Months)

2

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

20

Delivery Locations

1

Delivery Cities

New Delhi

Delivery Pincodes

110001

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Pawan Kumar110001,25, KG Marg, New DelhiNew DelhiDelhi11000194020-

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 3

GeM-Bidding-9908015.pdf

Main Document

Other Documents

OTHER

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Corrigendum Updates

2 Updates
#1

Update

15-Oct-2026

Extended Deadline

22-Oct-2026, 1:30 pm

Opening Date

23-Oct-2026, 1:30 pm

#2

Update

05-Oct-2026

Required Documents

1

GST Registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates from previous government/PSU contracts

4

Financial statements demonstrating average turnover; CA certificate for twoFYs (any two: 2023-24, 2024-25, 2025-26)

5

EMD document or DD copy / EMD image upload

6

Technical bid documents and compliance statements

7

OEM Authorization/Manufacturers Authorization Form (MAF) with complete OEM details

8

Past work orders from government/Central/State/PSU in last two financial years

Frequently Asked Questions

Key insights about DELHI tender market

How to bid for LIC suitcase tender in Central Delhi 2026?

Bidders must submit EMD ₹22,165 with bid, provide OEM/MFA authorization, two government work orders, and turnover proof averaging ₹6.0 Lakh across any two FYs. Include a physical sample within 5 days of bid end and ensure adherence to 25% quantity variation. Ensure delivery to LIC Delhi address.

What documents are required for LIC suitcase tender in Delhi 2026?

Submit GST, PAN, CA turnover certificates, two government/PSU work orders, EMD proof, OEM MAf, technical bid and past performance details. Traders must include EMD; reseller exemptions apply. Provide sample image of DD/EMD as per ATC and ensure OEM authorization details.

What are the technical scope and delivery terms for LIC suitcases?

Scope covers Suitcase (V2) Q3 PAC Only with delivery to LIC Delhi Division-1 Marketing, JEEVAN PRAKASH BUILDING. The delivery period follows original order; any increase/decrease in quantity is allowed by 25%, with minimum 30 days additional time. Physical sample due within 5 days post bid end.

How is eligibility determined for LIC Delhi procurement 2026?

Eligibility requires average turnover of ₹6.0 Lakh across two FYs, two government/PSU orders in last two years, OEM MAf submission if applicable, and no EMD exemption for traders. All documents must be properly authenticated and uploaded with bid.

What is the EMD submission method for the LIC bid in Delhi?

EMD is ₹22,165; submit as an online image or physical DD. The original DD must reach LIC within 5 days after bid closing. Traders are not exempt from EMD; ensure proper submission in bid documents.

When is physical sample due for LIC suitcase tender in Delhi?

A physical sample must reach LIC within 5 days after bid end. Failure to provide the sample may lead to bid rejection. Include sample packaging and identification as per ATC requirements.

What is the quantity variation allowed in LIC Delhi tender 2026?

The purchaser may increase/decrease quantity by up to 25% of bid quantity at award and during contract; delivery period adjusts proportionally with a minimum of 30 days unless original period exceeds that.

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