Tender Overview
Organization: Life Insurance Corporation Of India (LIC) under the Department Of Financial Services. Product/Service: Comprehensive stationery and office supplies package including 44 items (pens, highlighters, tapes, folders, notebooks, punch machines, paper products, and related accessories). Estimated Value: ₹250,000 with potential quantity fluctuations of up to 25% during contract, aligned to demand. Location: Location not specified; tender in India context governed by LIC procurement norms. Unique aspect: Large mixed stationery bundle with delivery coordination under option-rights; explicit quantity variation clause applies. This procurement targets central office readiness and standard office workflows.
Technical Specifications & Requirements
- No explicit technical specs listed in the tender; BOQ lists 44 items across standard stationery categories, including filing and writing instruments, paper products, and basic office equipment.
- Key indicators for bidders: prepare to supply a broad catalog with consistent quality, ensure items align with typical office standards, and be ready to scale up to 25% more quantity under the option clause.
- Delivery terms imply coordination with LIC procurement timelines; ensure reliable supplier capability for multiple SKUs and staggered delivery if required.
- While no standards are cited, be prepared to demonstrate product compatibility with common office use cases and vendor capabilities for bulk stock handling.
Terms, Conditions & Eligibility
- Option Clause allows quantity variation up to 25% of bid quantity during contract and extended delivery period, with delivery time recalculated as (additional quantity / original quantity) × original delivery period, minimum 30 days.
- Delivery Period: starts from last date of original delivery order; additional time rules apply if option exercised.
- EMD: not specified in the data; bidders should verify and prepare compliant security deposit per LIC norms.
- Open Terms: 44-item BOQ present; no itemized specs; bidders must submit a compliant bid covering the full stationery spectrum and ensure delivery readiness under LIC procurement standards.
- Compliance: adhere to buyer-added terms and ensure timely delivery within extended windows if option clause is invoked.
