LIC Life Insurance Corporation Foldable Umbrellas Tender Pune Maharashtra 10675 IS 2026
Progress
Tender Overview
The Life Insurance Corporation of India (LIC), Department of Financial Services, invites bids for foldable umbrellas conforming to IS 10675 (Q3) at LIC facilities in Pune, Maharashtra 410301. The tender references the flexible quantity clause enabling up to 25% increase in bid quantity and up to 25% variation during the contract at contracted rates. Key scope centers on compliant foldable umbrellas, with delivery terms linked to the original delivery schedule and potential extensions as per option clause. No BOQ items are listed, and the official start/end dates are not provided. This procurement emphasizes standard-compliance products and reliance on supplier adherence to IS 10675 guidelines.
Technical Specifications & Requirements
- Product: Foldable umbrellas for LIC operations, conforming to IS 10675 (Q3).
- Standards: IS 10675 (Q3) for foldable umbrellas; no additional technical specs published.
- Quantity: Base quantity not specified; option clause allows up to 25% increase in order quantity at contractual rates.
- Delivery: Delivery period linked to the original delivery order; extended time calculated as (Increased quantity / Original quantity) × Original delivery period, minimum 30 days, with possible extension to original delivery period.
- Location: Pune, Maharashtra 410301; delivery to LIC facilities as per contract terms.
- Special terms: Purchaser reserves right to adjust quantity during and after contract; bidders must acknowledge option clause.
Terms, Conditions & Eligibility
- EMD: Not disclosed in data; bidders should anticipate standard EMD as per LIC guidelines.
- Payment terms: Not specified in data; align with LIC procurement norms.
- Delivery window: Based on original delivery order; extended delivery periods apply per option clause with minimum 30 days.
- Documents: Submit standard bid documents per LIC T&C; OEM authorizations not listed; GST/PAN and financials typically required.
- Eligibility: Compliance with IS 10675 (Q3) umbrella products; ability to meet quantity flexibility; experience with government-requisitioned household item supplies is advantageous.
- Warranty/penalties: Not specified; bidders should seek clarification on warranties and LDs in final bid documents.
Key Specifications
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Product/service names: Foldable umbrellas
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Category/Type: IS 10675 (Q3) compliant
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Quantities: Base quantity not specified; eligible for up to 25% additional quantity
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Standards: IS 10675 (Q3) standard for foldable umbrellas
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Delivery: Original delivery period with option-based extension formula
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Location: Pune, Maharashtra 410301
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Testing/Quality: No additional quality metrics provided
Terms & Conditions
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IS 10675 (Q3) compliant foldable umbrellas
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Quantity variation up to 25% during and after contract
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Delivery period linked to original order with minimum 30 days extension
Important Clauses
Option Clause
Purchaser may increase/decrease quantity by up to 25% at contracted rates during and after contract; delivery time adjusted proportionally with minimum 30 days.
Bidder Eligibility
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Must demonstrate ability to supply IS 10675 (Q3) foldable umbrellas
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Provide standard bid documentation including GST, PAN, and financials
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Possess capacity to absorb 25% quantity fluctuation during contract
Tender Data
Bid Details
Quantity
418
Bid Type
Two Packet Bid
Bid Validity
30 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
3 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
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
Foldable Umbrellas as per IS 10675 (Q3)
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
Pune
Delivery Pincodes
411005
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Gajanan Harishchandra Koshatwar | 411005,"JEEVAN PRAKASH" LICI OF INDIA DIVISIONAL OFFICE, SHIVAJINAGAR PUNE. | Pune | Maharashtra | 411005 | 418 | 15 | - |
Authority Records
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Documents 2
GeM-Bidding-9895537.pdf
Main Document
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
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Required Documents
GST registration
Permanent Account Number (PAN) card
Experience certificates for similar umbrella supply
Financial statements demonstrating stability
EMD/payment instrument as per LIC rules
Technical bid documents demonstrating IS 10675 (Q3) compliance
OEM authorizations or line of supply confirmations (if required)
Any prior qualification certificates requested by LIC
Frequently Asked Questions
Key insights about MAHARASHTRA tender market
How to bid on foldable umbrellas tender in Pune 2026 LIC
Bidders must submit GST, PAN, experience certificates, financial statements, and EMD as per LIC T&C. Ensure IS 10675 (Q3) compliance, provide OEM authorizations if required, and confirm capability to handle quantity variation up to 25% during contract. Final bid should include delivery plan to Pune facility.
What documents are required for LIC umbrella tender in Maharashtra
Required documents include GST certificate, PAN, company financial statements, experience certificates for similar supply, EMD payment proof, technical bid documents demonstrating IS 10675 (Q3) compliance, and OEM authorizations or supplier confirmations. Ensure all documents are valid and up-to-date before submission.
What are the technical standards for foldable umbrellas in this LIC tender
Umbrellas must comply with IS 10675 (Q3). The tender specifies no additional technical metrics beyond standard umbrella construction and material conformity to the IS. Vendors should verify IS 10675 compliance and confirm product conformity with the standard prior to submission.
When is delivery required for LIC Pune umbrella contract
Delivery is governed by the original delivery order schedule. If quantity increases by up to 25%, the extended delivery time is calculated as (Increased quantity / Original quantity) × Original delivery period, with a minimum extension of 30 days, and may extend to the original delivery period.
What is the EMD for LIC foldable umbrellas tender in Maharashtra
The data does not specify a numeric EMD amount. Bidders should prepare an EMD as per LIC procurement guidelines and ensure instrument validity for the bid submission window, aligning with standard government tender practices.
How to confirm IS 10675 (Q3) compliance for umbrellas
Obtain a test report or certification showing IS 10675 (Q3) compliance from an accredited lab or supplier. Include a stamped declaration in the technical bid and attach any OEM conformity documents to demonstrate adherence to the standard.
What are LIC payment terms for umbrella supply in Pune
Payment terms are not specified in the data; bidders should expect LIC norms, typically milestone-based payments after delivery and acceptance. Seek explicit payment terms during bid clarification and include proposed schedule in technical bid.
What is the scope of quantity variation allowed in this tender
The purchaser may increase or decrease the bid quantity by up to 25% at the time of contract placement and during currency at contracted rates. Bidders must factor this flexibility into procurement planning and pricing.