LIC Life Insurance Corporation Manpower Outsourcing Tender 2026 Department Of Financial Services India - Minimum Wage Semi-Skilled

Tender Overview

Organization: Life Insurance Corporation Of India (LIC) under the Department Of Financial Services. Product/Service: Manpower outsourcing services at minimum wage for semi-skilled personnel (Secondary School level). Location: location not specified; tender emphasizes a domestic service footprint with an office in the state of the consignee. Quantity/Value: not disclosed; scope includes staffing under the standard government outsourcing framework. Key differentiator: explicit 25% quantity/duration variation clause for lumpsum contracts and scope expansion with provider consent. Unique aspects: service-support infrastructure requirements and escalation protocols.

Technical Specifications & Requirements

• Category: Manpower outsourcing (semi-skilled; secondary school qualification).
• Rate/Wage Framework: minimum wage-based remuneration for semi-skilled staff.
• Service Availability: an office of the service provider must be located in the state of the consignee; documentary evidence required.
• Support & Escalation: dedicated toll-free service number; documented escalation matrix for service support.
• BOQ/Specifications: No BOQ items available; no product specs specified.
• Contract Flexibility: option clause allows up to 25% increase in contract quantity or duration; lumpsum contracts may expand scope with consent.
• Compliance: general service and support compliance; no technical standards or certifications specified.
• Documentation: terms indicate documentary evidence for location and support structure; no explicit EMD/valuation data provided.

Terms, Conditions & Eligibility

• EMD/Fees: Not specified in the data provided.
• Variation Clause: 25% increase/decrease in quantity or duration; contract scope up to 25% for lumpsum services with provider consent.
• Office Presence: service provider must have an office in the consignee's state with documentary evidence.
• Support Mechanism: dedicated toll-free number and escalation matrix required.
• Billing/Delivery: no specific delivery timeline or payment terms stated in the available data.
• Documents: evidence of local office, service support structure, and escalation contacts; no explicit list of required bid documents.
• Performance/Penalties: no penalty or warranty details provided in the data.
• Other: tender data lacks start/end dates, estimated value, and explicit eligibility criteria beyond office presence and support capabilities.