Life Insurance Corporation of India Suitcase (V2) PAC Only Tender 2026 - Department Of Financial Services, India (V2) Q3
Lic - Life Insurance Corporation Of India
HYDERABAD, TELANGANA
Progress
Quantity
3715
Bid Type
Two Packet Bid
The Life Insurance Corporation Of India (LIC), Department of Financial Services, invites bids in Hyderabad, Telangana for the procurement of a Suitcase (V2) (PAC Only). The tender specifies a suitcase category with a built-in lock, water resistance, castor configuration, and overall dimensions as key factors. The EMD is ₹5,00,000, highlighting a material procurement scale aligned to regulated government tender processes. The BOQ lists zero items, indicating a potential framework or single-line specification rather than discrete line items. The option clause allows quantity adjustments up to 25%, with extended delivery time calculated proportionally, ensuring flexibility for supply and delivery scheduling. While exact quantities and estimated value are not disclosed, the contract is shaped to accommodate fluctuating demand within the contractual framework. This tender emphasizes compliance with formal delivery terms and option-based quantity expansion while maintaining a focus on security and durability features relevant to luggage-like suitcases used in corporate or government contexts.
Type of Material: not specified in data
Main Outside Material: not specified in data
Mass of outside fabric material (g/m²): not specified in data
Outside Material Thickness (mm): not specified in data
Type of Built-in Lock: not specified in data
Water Resistance: required, no IP rating provided
Number of Castors: required, exact number not provided
Size of the Suitcase: required, exact dimensions not provided
Warranty: required, exact years not provided
EMD: ₹5,00,000
Delivery Flexibility: 25% quantity variation
BOQ Items: 0
EMD amount and submission proof required (₹5,00,000)
Quantity variation up to 25% with corresponding delivery time calculations
Non-itemized BOQ; ensure compliance with built-in lock, water resistance, and dimension specs
Delivery-based payments with adherence to option clause; no explicit milestone terms provided in data
Delivery period to commence from the last date of original delivery order; extended time proportional to quantity variation with minimum 30 days
Not explicitly stated in the data; standard procurement penalties may apply as per organization policy
Proven experience in supplying luggage or secure cases to government/large organizations
Financial stability evidenced by last 3 years' financial statements
Compliant with GST, PAN and EMD submission requirements
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Suitcase (V2) (Q3) ( PAC Only )
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Main Document
OTHER
CATALOG Specification
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
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| Category | Specification | Requirement |
|---|---|---|
| MATERIAL | Type of Material | Hard Shell, Soft Shell, Hybrid Shell |
| MATERIAL | Main Outside Material | Nylon Fabric, Polyester Fabric, Polycarbonate, Polypropylene, Aluminium, Acrylonitrile Butadiene and Styrene (ABS), Combination of Polycarbonate and ABS, Poleyster fabric + Polycarboante, Fabric + Polypropylene |
| MATERIAL | Mass of outside fabric material (gram per square meter ) | 100, 125, 150, 175, 200, 225, 300, 350, 400, 450, 500, Not Applicable |
| MATERIAL | Outside Material Thickness, in case of material other than fabric ( min ) (mm) | 1.2, 1.5, 2, 2.5, 3, Not Applicable |
| LOCK | Type of Built-in lock in Suitcase | Number Lock (Combination Lock), Key Lock, TSA approved Lock, NA (In case of no built-in lock) |
| OTHER REQUIREMENT | Water Resistance | Yes, No |
| OTHER REQUIREMENT | Number of Castor | 2, 4 |
| Dimensions | Size of the Suitcase | Overnighter, Cabin, Medium, Large |
| WARRANTY | Warranty ( Years ) | 1, 2, 3, 5 Or higher |
Discover companies most likely to bid on this tender
GST Registration Certificate
PAN Card
Experience Certificates (similar supply)
Financial Statements (last 3 years)
EMD Submission Proof
Technical Bid Documents demonstrating compliance with built-in lock, water resistance, and dimensions
OEM Authorization (if applicable)
Product specifications cross-reference (material, mass, thickness, castors, warranty)
Any existing ISI/ISO/other certifications relevant to luggage/suitcase components
Key insights about TELANGANA tender market
Bidders must submit GST, PAN, EMD ₹5,00,000, and technical bid documents proving compliance with built-in lock, water resistance, and dimension specs. Ensure 25% quantity variation capability and reference the delivery-extension rule. Include OEM authorizations if applicable and provide recent experience certificates.
Required documents include GST registration, PAN, experience certificates for similar supply, financial statements, EMD submission proof, technical compliance certificates for lock and water resistance, OEM authorizations if needed, and product dimension/warranty details. Ensure all documents align with the buyer’s ATC terms.
Key specs include built-in lock type, water resistance capability, mass of outside fabric (g/m²), outside material thickness (mm), number of castors, suitcase size, and warranty period. Exact material and dimension values are not provided in the data; bidders must confirm in technicalBid submissions.
Delivery starts after the original delivery order date. If quantity increases by up to 25%, additional time is (additional quantity ÷ original quantity) × original period, with a minimum of 30 days. Extension may rise to the original delivery period per option clause.
The bid security amount is ₹5,00,000. Submit via acceptable payment modes per tender terms. Ensure the EMD is valid through bid submission and any required extension periods; failure to meet EMD terms can disqualify the bidder.
The provided data does not specify LD rates. Expect standard government LD provisions; bidders should prepare for potential liquidated damages per contract terms, and verify any penalty formula within the ATC or contract.
Bidders must price and plan for possible 25% increases/decreases at contract rates. Ensure supply chain readiness, confirm extended delivery calculations, and document how changes affect lead times and logistics in the technical bid.
Data does not specify standards; bidders should reference IS/ISO equivalents and include any relevant certifications for luggage components if available, along with OEM authorization where applicable, to strengthen compliance under the LIC procurement.
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Main Document
OTHER
CATALOG Specification
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS