Life Insurance Corporation of India Lunch Box (V3) Tender 2026 - LIC procurement Lunch Box V3 Lunch Box Spec 2026
Bid Publish Date
28-Oct-2026, 7:14 pm
Bid End Date
03-Nov-2026, 9:00 am
Value
₹4,00,000
Location
Progress
Key Highlights
- • Lunch Box (V3) with Q3 categorization under LIC procurement
- • 25% quantity variation at bid/contract placement and during currency
- • Delivery extension formula: (Increased quantity ÷ Original quantity) × Original delivery period (min 30 days)
- • Estimated contract value ₹400,000.00
- • No BOQ items; no explicit specifications provided
- • Compliance with standard government procurement norms likely required
Tender Overview
Organization: Life Insurance Corporation of India (LIC) under the Department of Financial Services. Procurement: Lunch Box (V3) with Q3 categorization. Estimated value: ₹400,000.00. Location: India (unspecified city/state). Quantity: Not listed in BOQ; contract allows up to 25% quantity variation at bid time and during the currency of the contract. Delivery: Delivery timeline governed by option clause; extended timing based on calculated formula (minimum 30 days). This tender focuses on standard lunch boxes meeting unspecified designations, with no BoQ items provided. The absence of detailed specs indicates reliance on standard government lunch box norms and potential OEM or generic suppliers. A key differentiator is the option clause enabling flexible quantities at contracted rates, impacting production planning and inventory risk for bidders.
Technical Specifications & Requirements
- Standards/Requirements: No technical specifications provided in the tender data. Expect bidders to align with basic lunch box safety and material standards typical to government procurement.
- Quantities/Value: Estimated value ₹400,000.00; no explicit itemized quantity in BOQ.
- Delivery/Timeline: Option-based delivery extension mechanism; minimum delivery window of 30 days if extended; delivery period calculated as (Increased quantity ÷ Original quantity) × Original delivery period.
- Tender Scope: Category is Lunch Box (V3) (Q3); no BOM or itemization available; bidders should assume standard lunch box dimensions, materials, and safety criteria common to government tenders.
- Eligibility/Compliance: General compliance with option clause; bidders must include feasible delivery and post-award execution plans.
Terms, Conditions & Eligibility
- EMD: Not specified in data; bidders should verify required security deposits per LIC and government norms.
- Quantity Flexibility: Purchaser may adjust quantity up to 25% at contract signing and during the currency of the contract.
- Delivery Terms: Delivery period linked to original delivery order date with extension formula; minimum 30 days extended delivery if needed.
- Documentation: Standard common bid documents likely required (GST, PAN, experience proofs, financials); exact list not provided.
- Warranty/Support: Not specified; bidders should prepare for standard post-delivery support expectations typical to lunch boxes.
Key Specifications
-
Product: Lunch Box (V3)
-
Estimated value: ₹400,000.00
-
Category: Q3 (Lunch Box)
-
BOQ: Not available; no itemized quantities
-
Delivery: Option-based extension, minimum 30 days
-
EMD: Not specified in data
Terms & Conditions
-
Quantity variation up to 25% at contract and during currency
-
Delivery period governed by option clause with formula
-
No explicit BOQ items or technical specs provided
Important Clauses
Payment Terms
Not specified; bidders should anticipate standard LIC payment terms post-delivery per contractual agreement
Delivery Schedule
Delivery period begins from last date of original delivery order; extended periods calculated per option clause with minimum 30 days
Penalties/Liquidated Damages
Not specified in provided data; bidders should check tender terms for LD or penalty provisions
Bidder Eligibility
-
Eligibility to supply lunch boxes to government bodies
-
Compliance with general LIC purchase terms and option clause
-
Ability to meet delivery timelines under varying quantities
Tender Data
Bid Details
Quantity
2638
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
No
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
2
OEM Avg. Turnover
2
Past Performance
50 %
Experience Required
3 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
Lunch Box (V3) (Q3)
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
15
Delivery Locations
1
Delivery Cities
Patna
Delivery Pincodes
800001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Niraj Kumar Sinha | 800001,LIC OF INDIA, DIVISIONAL -1,FRASER ROAD, PATNA | Patna | Bihar | 800001 | 2638 | 15 | - |
Authority Records
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Documents 2
GeM-Bidding-10095434.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
1
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Required Documents
GST registration certificate
PAN card
Experience certificates (similar product supply, if any)
Financial statements or solvency proof
EMD/Security deposit documentation (as applicable)
Technical bid documents outlining proposed Lunch Box (V3) design/quality
OEM authorization or manufacturer credentials (if applicable)
Frequently Asked Questions
How to bid for LIC lunch box tender in India 2026 with V3
Bidders should confirm eligibility for LIC procurement, prepare GST, PAN, and financials, and submit technical bid with Lunch Box (V3) design. The contract allows up to 25% quantity variation and includes an extension formula with minimum 30 days. Ensure compliance with typical government standards and OEM capabilities.
What documents are required for LIC lunch box procurement bidding 2026
Required documents typically include GST registration, PAN, experience certificates for similar supply, financial statements, EMD documentation, and OEM authorizations if applicable. Technical bid should detail material safety, lid design, insulation, and durability aspects for Lunch Box (V3).
What are the delivery terms for LIC lunch box tender 2026
Delivery starts from the last date of the original delivery order. If the quantity increases, delivery time adjusts using (Increased quantity ÷ Original quantity) × Original delivery period, with a mandatory minimum of 30 days for extended delivery.
What are the key eligibility criteria for LIC procurement bids
Eligibility includes vendors capable of supplying lunch boxes, compliance with option clause, ability to meet delivery schedules under quantity variation, and submission of typical bid documents such as GST, PAN, and financials; OEM authorizations may be required for branded products.
What is the estimated contract value for LIC lunch box tender 2026
The tender indicates an estimated value of ₹400,000.00. Bidders should price per unit considering potential 25% quantity variation and delivery extensions; ensure pricing remains valid through the extended delivery window.
How to ensure compliance with standards for lunch box bids
Although no standards are listed, bidders should align with common safety and material standards for lunch boxes in government tenders, consider ISI/ISO alignment if requested, and be prepared to demonstrate product safety, lid seal integrity, and temperature retention.
When is the LIC lunch box tender 2026 expected to open
Start and end dates are not provided in the data. Bidders should monitor LIC procurement portals for notice releases, and prepare bid documents (GST, PAN, experience, financials) to respond promptly when the tender is published.
What is the impact of the 25% quantity variation clause
The purchaser may increase or decrease order quantity by up to 25% at contract placement and during the currency at contracted rates. Bidders must plan production and inventory to accommodate variable demand without price disruption.