1MOTOR SPEED SENSOR,2MOTOR SPEED SENSOR,3MOTOR SPEED SENSOR,4MOTOR SPEED SENSOR,5MOTOR SPEED SENSOR
Bharat Earth Movers Limited (beml)
SIDHI, MADHYA PRADESH
Posted:
20 February 2025
Closed:
3 March 2025
GEM
GEM
LIC Life Insurance Corporation of India Fastack Smart Watch Tender Bhopal Madhya Pradesh 2026
Bid Publish Date
12-Jul-2026, 5:56 pm
Bid End Date
24-Jul-2026, 6:00 pm
Location
Progress
Issue12-Jul-2026, 5:56 pm
AwardPending
Quantity
800
Category
Title 1 fastack smart watch
Bid Type
Two Packet Bid
Key Highlights
- • Up to 25% quantity variation allowed during contract and extended period
- • EMD fixed at ₹8,000; payment via online or DD in LIC INDIA name, Bhopal
- • SD withheld at 5% of order value; refundable after 1 year without interest
- • Rates valid for 1 year from approval; supply on demand basis
- • Delivery window 15-30 days per delivery order
- • No explicit technical specs; product category is ‘Fastack smart watch’ with 5 titled items
Tender Overview
Organization: Life Insurance Corporation Of India (LIC) under the Department Of Financial Services, procuring Fastack smart watch variants in Bhopal, Madhya Pradesh (462001). Tender covers multiple titles under the same watch category, with itemized demand to be supplied on request. Estimated value and quantity are not disclosed; however, bidders must adhere to the option clause expanding quantities by up to 25% and adjust delivery accordingly. EMD is fixed at ₹8,000 via online payment or DD payable in Bhopal to LIC INDIA, while the Security Deposit (SD) is 5% of the order value, refundable after one year without interest. The contract terms include a 1-year rate validity from approval and item supply windows of 15-30 days post order. This tender requires compliance with buyer-specific terms and acceptance of demand-driven supply.
Technical Specifications & Requirements
- Product category: Fastack smart watch variants (Titles 1-5 listed in tender; no separate spec sheet provided)
- Delivery window: 15-30 days from issuance of delivery order
- EMD: ₹8,000 (online or DD, payable to LIC INDIA, Bhopal)
- SD/retention: 5% of order value, recoverable after 1 year without interest
- Rate validity: 1 year from the date of approval; rates apply to all supply during the period
- Supply basis: “supply as per demand of the buyer” with 25% quantity option during contract and extended delivery scenarios
Terms, Conditions & Eligibility
- Option clause: Up to 25% quantity increase/decrease at contracted rates during initial and extended delivery periods
- Certificates: All certificates/documents required in the Bid Document/ATC/Corrigendum must be uploaded
- GST note: Bidder bears applicable GST; reimbursement subject to actuals or prevailing rates (whichever lower)
- Payment terms: Not explicitly defined beyond EMD/SD; delivery schedule drives payments
- Documentation: Submit GST, PAN, experience certificates, financial statements, EMD proof, technical compliance, and OEM authorizations if applicable
- Warranty/penalties: Not specified in provided data; penalties likely per standard government procurement terms
Key Specifications
-
Product: Fastack smart watch (Titles 1-5)
-
Quantity: Not disclosed; supply on demand with 25% option
-
EMD: ₹8,000
-
SD: 5% of order value
-
Delivery: 15-30 days after order
-
Rate validity: 1 year from approval
Terms & Conditions
-
Mandatory EMD submission of ₹8,000 via online or DD
-
Delivery window set at 15-30 days per supply
-
Rates fixed for 1 year from approval and can adjust by up to 25%
Important Clauses
Payment Terms
EMD ₹8,000 via online/DD; SD 5% of order value refundable after 1 year; GST on actuals or prevailing rate with cap
Delivery Schedule
Item supply days: 15-30 days; delivery begins from last date of original delivery order; option clause may extend timing
Penalties/Liquidated Damages
Penalties not explicitly stated; standard LD clauses may apply per governing procurement terms
Bidder Eligibility
-
Experience in supplying smart wearables or electronics to government/PSU bodies
-
Financial capability to handle order value with 5% SD retention
-
GST registration and valid certifications for electronics/consumables
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Title 1 fastack smart watch , Title 2 fastack smart watch , Title 3 fastack smart watch , Title 4 fastack smart watch , Title 5 fastack smart watch
Payment Timelines
Payments shall be made to the Seller within 15 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
365
Delivery Locations
1
Delivery Cities
Bhopal
Delivery Pincodes
462001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Rakesh Bharke | 462001,60 A, Arera Hills | Bhopal | Madhya Pradesh | 462001 | 50 | 365 | - |
Authority Records
MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT
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Bid Preparation
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Documents 4
GeM-Bidding-9595682.pdf
Main Document
BOQ Document
BOQ
BOQ Document
BOQ
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Tender Results
Loading results...
Bill of Quantities (BOQ)
5 Items Sign in to view GEM price trends Sign in for GEM prices
#1
Title 1 fastack smart watch
fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) qty 1 to
50 pieces
Delivery: 365 days
#2
Title 2 fastack smart watch
fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) qty 51 to
100 pieces
Delivery: 365 days
#3
Title 3 fastack smart watch
fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh)qty 101
150 pieces
Delivery: 365 days
#4
Title 4 fastack smart watch
fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh)qty 151
200 pieces
Delivery: 365 days
#5
Title 5 fastack smart watch
fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) 201
300 pieces
Delivery: 365 days
| Item # | Title | Description | Quantity | Unit | Consignee | Delivery (Days) | Price Trends |
|---|---|---|---|---|---|---|---|
| 1 | Title 1 fastack smart watch | fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) qty 1 to | 50 | pieces | purchase_lic | 365 | |
| 2 | Title 2 fastack smart watch | fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) qty 51 to | 100 | pieces | purchase_lic | 365 | |
| 3 | Title 3 fastack smart watch | fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh)qty 101 | 150 | pieces | purchase_lic | 365 | |
| 4 | Title 4 fastack smart watch | fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh)qty 151 | 200 | pieces | purchase_lic | 365 | |
| 5 | Title 5 fastack smart watch | fastrack tees analoge gray and black white dial unisex adult watch 14x7x100 (lxwxh) 201 | 300 | pieces | purchase_lic | 365 |
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Historical Data
Required Documents
1
GST registration certificate
2
Permanent Account Number (PAN) card
3
Experience certificates for similar supply
4
Financial statements / turnover proof
5
EMD submission receipt or DD payment proof
6
Technical bid documents / compliance certificates
7
OEM authorization (if applicable)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for LIC smartwatch tender in Bhopal 2026?
To participate in the LIC smartwatch procurement in Bhopal, ensure you meet eligibility criteria including GST registration, PAN, and relevant experience. Prepare EMD ₹8,000 via online payment or DD, submit 5% SD on order value, and supply within 15-30 days per delivery order. Rate validity is 1 year.
What documents are required for LIC smartwatch tender submission in Bhopal?
Required documents include GST certificate, PAN card, experience certificates for similar supply, financial statements, EMD proof, technical compliance certificates, and OEM authorizations if applicable. Ensure all certificates are uploaded with the bid and aligned to the ATC.
What are the delivery timelines and quantity options for LIC smartwatch tender?
Delivery must occur within 15-30 days per delivery order. The buyer reserves the right to adjust quantity by up to 25% during contract and extended periods, with delivery time adjusted using the specified formula and minimum 30 days as a baseline.
What is the EMD amount and payment method for the LIC smartwatch bid?
EMD is ₹8,000, payable online or via DD in favor of LIC INDIA, payable at Bhopal. This deposit ensures bid validity and compliance with the bid document; non-submission can lead to bid rejection.
Which standards or certifications are required for LIC smartwatch procurement?
The tender data does not specify exact standards; bidders should ensure compliance with general government electronics norms and provide any relevant compliance certificates and OEM authorizations, if applicable, to support eligibility.
How is the security deposit treated in this LIC smartwatch contract?
The SD is 5% of the order value and is withheld during the contract; it is refunded after one year without interest, contingent on fulfilling contract terms and no penalties.
What is the payment and warranty framework for LIC smartwatch supply?
Payment terms beyond EMD/SD are not explicitly defined; delivery compliance and order fulfilment drive payments. No explicit warranty terms are provided in the data; bidders should seek clarifications during bid submission.
Are there any brand or OEM requirements for LIC smartwatch tender in MP?
The data mentions titles for fastack smart watches but provides no explicit brand constraints. If OEM authorization is required, bidders should attach OEM letters and ensure product legitimacy for government procurement.
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Documents 4
GeM-Bidding-9595682.pdf
Main Document
BOQ Document
BOQ
BOQ Document
BOQ
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS