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Life Insurance Corporation Of India LIC Amritsar policy docket pulling & segregation tender 2026

Bid Publish Date

15-Oct-2026, 10:51 am

Bid End Date

02-Nov-2026, 11:00 am

Value

₹3,21,700

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Progress

Issue15-Oct-2026, 10:51 am
Corrigendum26-Oct-2026
AwardPending

Tender Overview

The Life Insurance Corporation Of India (LIC) invites bids for pulling out and segregating policy dockets from racks at the RMF Centre in Amritsar, Punjab. The scope covers approximately 1.35 Lakh policy dockets and 494 incremental batches (10 files per batch). The vendor must follow LIC instructions to extract, segregate, bag, and renumber shelves, with materials like bags and protective gear provided by LIC. An Excel/print list will guide docket selection, including policy number, branch number, and batch number. Bidders must submit a declaration on letterhead confirming acceptance of all terms, and provide personnel IDs for temporary entry passes. The project is set within LIC’s RMF Centre operations adjacent to Mahajan Rice & General Mills Vallah Sabzi Mandi. The estimated contract value is ₹3,21,700. A key differentiator is meticulous docket management, including creation of vacant racks and precise shelf renumbering as per LIC instructions. This tender emphasizes labor compliance and on-site execution by literate staff capable of handling 8–9 digit policy data.

Keywords: tender in Amritsar, LIC procurement, policy docket pulling Amritsar, Raj-based records segregation, Government records management.

Technical Specifications & Requirements

  • Product/service: pulling out and segregating policy dockets from LIC racks; rearrangement of shelves; packing papers and docket covers in bags; creating vacant racks; renumbering shelves per LIC.
  • Quantity/scale: approx. 1.35 Lakh dockets; 494 incremental batches of 10 files each; docket covers packed in bundles of 1000; bags supplied by vendor.
  • Location: LIC RMF Centre, Amritsar (Mehta Road area near Mahajan Kanda).
  • Deliverables: segregated papers and docket covers, properly bagged; temporary entry passes for engaged personnel; compliance with Labour laws.
  • Experience/ capability: literate staff capable of handling 8–9 digit policy numbers; on-site logistics and inventory handling.
  • Any required materials: LIC to provide bags; vendor bears labor charges.

Terms, Conditions & Eligibility

  • Declaration: vendor must confirm acceptance of all terms on letterhead.
  • EMD: not specified in data.
  • Delivery/Timeline: on-site pulling and segregation per LIC instructions; no explicit delivery deadline stated.
  • Labor compliance: vendor bears all labor charges; must comply with statutory labor laws.
  • Personnel: provide names and ID proofs for workers to obtain temporary entry passes on demand.
  • Materials: bags and protective gear supplied by LIC? text indicates vendor to provide bags and other items, as applicable.
  • Documentation: Excel/print docket list provided by LIC; vendor to use for selection.
  • Safety and scope: PPE (gloves, masks) and cleaning liquids to be provided by vendor at no extra cost.

Key Specifications

  • Policy docket pulling and segregation from racks at RMF Centre Amritsar

  • Approx. 1.35 Lakh policy dockets with 494 incremental batches (10 files each)

  • Bags for papers and docket covers supplied/packaged by vendor; bundles of 1000 dockets

  • Renumbering shelves and creating vacant racks as per LIC instructions

  • On-site labor with adequate literacy to read 8-9 digit policy numbers; temporary entry passes

Terms & Conditions

  • Declaration of terms on bidder letterhead required

  • Vendor provides labor, bags, PPE; LIC supplies list for docket selection

  • Temporary entry passes require names and ID proofs of workers

Important Clauses

Payment Terms

Not explicitly stated in tender data; payment terms to be confirmed with LIC during final bid approval.

Delivery Schedule

On-site pulling, segregation, and reorganization must follow LIC instructions; no fixed deadline disclosed.

Penalties/Liquidated Damages

No penalty clause specified in available data; risks to bidders should be clarified in final ATC.

Bidder Eligibility

  • Must accept all terms on letterhead and provide declaration

  • Proven experience in large-scale document handling or records management

  • Compliance with labour laws and ability to deploy literate workforce

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Tender Data

Bid Details

Quantity

1

Similar Category

Record Management Service - Storage Area Based

Bid Type

Single Packet Bid

Bid Validity

180 (Days)

Bid Type

Service

Evaluation

Total value wise evaluation

Tech Clarification Time

2 Days

Preference & Exemptions

EMD Required

No

MII Compliance

Yes

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

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Custom Bid for Services - Pulling out of Policy Dockets and Separating records from the Policy Dockets

Advisory Bank

AXIS BANK LTD

ePBG Percentage

5%

ePBG Duration (Months)

5

Payment Timelines

Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

Delivery Details

Delivery Locations

1

Delivery Cities

Amritsar

Delivery Pincodes

143001

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Sourab Puri143001,LIC OF INDIA, DIVISIONAL OFFICE, 4-5, DISTRICT SHOPPING COMPLEX, RANJIT AVENUE, AMRITSARAmritsarPunjab143001Project / Lumpsum Based--

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

BID & GeM Expert Consultancy

End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.

Bid Preparation GeM Registration Document Filing

Free consultation · 24h response

Documents 16

GeM-Bidding-10033405.pdf

Main Document

Other Documents

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GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Authority & Contact

Office Name

Divisional Office Distt Shopping Complex Ra Asr

Grievance Contact

[email protected]

Corrigendum Updates

1 Update
#1

Update

26-Oct-2026

Extended Deadline

02-Nov-2026, 5:30 am

Opening Date

03-Nov-2026, 5:30 am

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Required Documents

1

Declaration on letterhead confirming acceptance of all terms

2

Names and ID proofs of personnel to be engaged for temporary entry passes

3

GST registration certificate (where applicable) and PAN card

4

Experience certificates related to records management or similar docket/paperwork handling

5

Financial statements or evidence of financial stability (if requested by LIC)

6

Technical bid documents or methodology for docket pulling, segregation, and reorganization

7

OEM authorizations or vendor certifications if applicable to records management services

Frequently Asked Questions

Key insights about PUNJAB tender market

How to bid for LIC policy docket pulling in Amritsar 2026?

Bidders must submit a declaration on letterhead accepting all terms, provide names and ID proofs for workers, and attach documents proving literacy and prior records management experience. Include GST PAN, experience certificates, and a methodology for docket pulling, segregation, and bagging, as per LIC requirements.

What documents are required for LIC docket segregation tender in Amritsar?

Submit declaration on letterhead, worker IDs, GST and PAN, experience certificates in records handling, financial statements if requested, technical bid documents, and any OEM authorizations. LIC also requires docket lists in Excel format to guide selection.

What is the scope of work for LIC Amritsar docket pulling?

Extract approximately 1.35 Lakh policy dockets and 494 incremental batches (10 files each) from racks, segregate covers and papers, bag papers, and rearrange shelves per LIC instructions, with vacant racks created and renumbered as directed.

What are the labor and safety requirements for this LIC tender?

Vendor bears labor charges and must comply with statutory labor laws. PPE like gloves/masks and cleaning liquids are provided as needed, but bags for papers are vendor-supplied items. Temporary entry passes require worker IDs.

What are the delivery and performance expectations for Amritsar docket work?

On-site pulling, segregation, and reorganization must follow LIC instructions; no fixed delivery deadline is stated in the available terms. Final acceptance hinges on LIC verification of segregation accuracy and shelf renumbering.

Which location and center are involved for this LIC procurement?

The RMF Centre in Amritsar, Punjab, near Mehta Road, adjacent to Mahajan Rice & General Mills Vallah Sabzi Mandi, is the specified site for docket extraction and reorganization.

What are the essential eligibility criteria for this LIC bid in Amritsar?

Eligibility includes acceptance of terms, ability to deploy literate workers, documented experience in records management, and provision of required identification documents for personnel. Demonstrate prior similar work and financial viability if requested.

How will LIC verify the accuracy of docket segregation in Amritsar?

LIC officials will verify segregated papers and docket covers after extraction, confirming policy numbers and batch details against the provided Excel list, and ensure proper bagging and shelf rearrangement per instructions.

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