Pole Umbrella (V2)
Bhakra Beas Management Board
KANGRA, HIMACHAL PRADESH
Posted:
30 January 2026
Closed:
9 February 2026
GEM
GEM
LIC Life Insurance Corporation of India Fortigo Umbrella 2fold Tender Krishna Andhra Pradesh 520001 2026 – Department of Financial Services
Bid Publish Date
14-Jul-2026, 5:33 pm
Bid End Date
24-Jul-2026, 6:00 pm
Location
Progress
Issue14-Jul-2026, 5:33 pm
AwardPending
Quantity
437
Bid Type
Two Packet Bid
Tender Overview
The LIC - Life Insurance Corporation of India, operating under the Department of Financial Services, invites bids for the Fortigo Umbrella 2fold category in Krishna, Andhra Pradesh (PIN 520001). The tender location is Krishna, and the scope references a Fortigo Umbrella 2fold product. Key bid terms include a quantity variation option up to 25% and a delivery-time mechanism tied to the last date of the original delivery order, with extended delivery time calculated per (Additional time) formula. No BOQ items or start/end dates are disclosed, and the EMD/estimated value are not specified in the data provided. The ATC document is available for view, and bidders must comply with the option clause and delivery rules.
Technical Specifications & Requirements
No technical specifications are provided in the tender data. The only clearly defined operational terms relate to quantity variation and delivery scheduling:
- Option clause enabling +/-25% variation in ordered quantity at contracted rates
- Delivery period to commence from the last date of the original delivery order; extended time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
- If original delivery period is under 30 days, the additional time equals the original delivery period
- Purchaser may extend the calculated duration up to the original delivery period while exercising the option clause
- An ATC document has been uploaded for bidder reference
Terms, Conditions & Eligibility
Critical terms focus on supplier adaptability and compliance with the option clause:
- Quantity variation allowed up to 25% during contract placement and currency
- Delivery time extensions governed by the option clause with minimum 30 days
- Bidders must comply with all option-based delivery provisions
- Specific financial terms (EMD amount, payment terms, GST/PAN submissions) are not disclosed in the provided data
- BOQ contains 0 items; no quantity-specific technical obligations are listed
- View the ATC document for any supplementary bidder obligations
Key Specifications
-
Product/service names: Fortigo Umbrella 2fold
-
Estimated value: Not disclosed
-
EMD: Not disclosed
-
Delivery terms: After last date of original delivery order; extended time per formula
-
Quantity variation: Up to 25% (during contract and currency)
Terms & Conditions
-
Quantity variation up to 25% at contracted rates
-
Delivery period starts from the last date of the original delivery order
-
Minimum extension period 30 days; extensions may reach the original delivery period
-
ATC document is available; no BOQ items disclosed
Important Clauses
Option Clause
Purchaser may increase or decrease bid quantity up to 25% at contract placement and during currency at contracted rates
Delivery Schedule
Delivery period commences from the last date of the original delivery order; extended time calculated with formula (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
Penalties/Liquidated Damages
Not specified in provided data
Bidder Eligibility
-
Compliance with option clause on quantity variation
-
Ability to adhere to delivery time calculations and minimum 30-day extension
-
Submission of required documents per Terms and ATC (GST, PAN, financials, experience, OEM authorizations)
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Fortigo Umbrella 2fold
Payment Timelines
Payments shall be made to the Seller within 10 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
15
Delivery Locations
1
Delivery Cities
Krishna
Delivery Pincodes
521001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Surya Subrahmanyam Mutyala | 521001,LIFE INSURANCE CORPORATION OF INDIA,"JEEVAN PRAKASH", DIVISIONAL OFFICE, P.B NO 24, KENNEDY ROAD,BATCHUPET,MACHILIPAT NAM | Krishna | Andhra Pradesh | 521001 | 437 | 15 | - |
Authority Records
MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT
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Documents 4
GeM-Bidding-9606796.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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Historical Data
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates (if any) demonstrating prior supply or related engagements
4
Financial statements or equivalent documentary evidence of financial stability
5
EMD/Security deposit documentation (as required by terms) if applicable
6
Technical bid documents (if any) and OEM authorizations (as indicated in ATC)
7
Any additional bidder qualification documents specified in the ATC
Frequently Asked Questions
Key insights about ANDHRA PRADESH tender market
How to bid for LIC Fortigo Umbrella tender in Krishna?
Bidders must submit GST, PAN, and financial documents, along with any experience certificates. Review the ATC for any OEM authorizations and ensure compliance with the option clause allowing +/-25% quantity variation. Prepare delivery plans showing adherence to the delivery formula and minimum 30-day extension requirements.
What documents are required for LIC Krishna Fortigo tender submission?
Required documents include GST registration, PAN card, experience certificates, financial statements, EMD documents (if applicable), technical bid materials, and OEM authorizations as indicated in the ATC. Ensure these are current and valid to participate in LIC procurement.
What are the delivery terms for the Fortigo Umbrella tender in Andhra Pradesh?
Delivery starts from the last date of the original delivery order. If quantity increases, extended time is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. The purchaser may extend up to the original delivery period under the option clause.
What is the quantity variation allowed in this LIC bid in Krishna?
Up to 25% variation in ordered quantity is allowed both at contract placement and during the currency of the contract, at contracted rates. Suppliers should plan to adjust production and logistics to accommodate this flexibility.
Are there any BOQ items for this LIC SKU tender in Andhra Pradesh?
No BOQ items are listed in the provided data. The tender indicates 0 items; bidders should refer to the ATC for any additional technical or item-specific requirements.
Where can bidders access the ATC document for this LIC procurement?
The ATC document is uploaded in the tender portal; bidders should view it via the provided link in the tender entry to confirm any supplementary obligations or OEM authorizations.
What standards or certifications are required for LIC Fortigo Umbrella tender?
The tender data does not specify ISI/ISO standards within the available fields. Bidders should verify in the ATC for any required certifications and ensure readiness to meet standard compliance if mandated by LIC procurement.
What is the procurement location for this LIC Fortigo Umbrella bid 2026?
The procurement is located in Krishna, Andhra Pradesh (PIN 520001). Bidders should prepare logistics and delivery plans targeting this specific district and coordinate with LIC and DFS requirements.
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Documents 4
GeM-Bidding-9606796.pdf
Main Document
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS