Life Insurance Corporation Of India VIP Duffle Bag Tender Indore Madhya Pradesh 2026 - GST PAN Compulsory
Bid Publish Date
14-Aug-2026, 3:55 pm
Bid End Date
24-Aug-2026, 4:00 pm
Location
Progress
Key Highlights
- • Mandatory GST registration and PAN submission
- • Bank details with canceled cheque required
- • Non-blacklisting certificate to be provided
- • Tender terms acceptance mandatory
- • All charges included in quoted price
- • Quantity variation up to 25% during contract
- • NoBOQ/Specifications published; assume standard VIP duffle bag
- • Delivery timelines linked to original order; extended period adjustments
Tender Overview
Organization: Life Insurance Corporation Of India (LIC) – Department Of Financial Services, procuring a VIP Duffle Bag in Indore, Madhya Pradesh. No BOQ quantities or estimated value published. Tenders require bidders to submit comprehensive GST and PAN details, bank information with canceled cheque, non-blacklisting certificate, and full compliance with tender terms. The contract includes an option to vary quantity by up to 25% of bid/contracted quantities, with delivery timelines anchored to the original delivery schedule and adjusted proportionally for any extended period. Bidders must accept all tender terms and provide price inclusive of all charges (freight, loading/unloading, delivery charges, GST).
- Target location: Indore, MP
- Category: VIP DUFFLE BAG
- Option clause: up to 25% quantity variation
- Price terms: inclusive of all charges
- Required disclosures: GST, PAN, bank details, non-blacklisting, acceptance of terms
Technical Specifications & Requirements
There are no technical specs or BOQ items published. The tender expects a standard VIP duffle bag suitable for LIC distribution, with compliance to general procurement norms and statutory requirements. Since no exact dimensions, materials, or capacity are stated, bidders should rely on common industry VIP duffle bag standards and ensure compatibility with LIC transport/handing protocols. The bid must include GSTIN and PAN details, and confirm ability to deliver within the contract period if awarded.
Terms, Conditions & Eligibility
- GST and PAN details compulsory at bid submission
- Bank details with cancelled cheque to be provided
- Submit non-blacklisting certificate and confirm no violation of tender terms
- Acceptance of terms and conditions required
- All relevant documents to be submitted with bid
- Quote must be inclusive of all charges (freight, loading/unloading, delivery, GST)
- Option to increase/decrease quantity by up to 25% during contract
Key Specifications
-
- Product: VIP Duffle Bag
-
- Category: Government procurement
-
- Quantities: Not published; subject to 25% variation
-
- Delivery: Within contract period from last delivery order date
-
- Pricing: Inclusive of freight, loading/unloading, delivery charges, GST
Terms & Conditions
-
GST and PAN details are mandatory for bid submission
-
Quantity may vary up to 25% during/after award
-
All charges must be included in the quoted price
Important Clauses
Payment Terms
Price must be inclusive of all charges; payment terms not explicitly stated
Delivery Schedule
Delivery should commence from the last date of original delivery order; extension time proportional to quantity variation with minimum 30 days
Penalties/Liquidated Damages
No specific LD details provided in data; standard government procurement LD policies may apply
Bidder Eligibility
-
Not under liquidation or bankruptcy
-
GST and PAN compliant
-
Capacity to supply VIP duffle bags within contract period
Tender Data
Bid Details
Quantity
458
Bid Type
Two Packet Bid
Bid Validity
90 (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
Yes
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
1
Past Performance
10 %
Experience Required
2 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
VIP DUFFLE BAG
Payment Timelines
Payments shall be made to the Seller within 45 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
Indore
Delivery Pincodes
452001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Sanjay Singh Thakur | 452001,LIC OF INDIA DIVISIONAL OFFICE, JEEVAN PRAKASH,19 M G ROAD, INDORE | Indore | Madhya Pradesh | 452001 | 458 | 15 | - |
Authority Records
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Documents 3
GeM-Bidding-9758383.pdf
Main Document
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
Required Documents
GST registration certificate
PAN card
Bank details with canceled cheque
Non-blacklisting certificate
Declaration of acceptance of tender terms
Bid submission with all required documents
Any existing OEM authorizations if applicable
Evidence of previous similar supply (if available)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for LIC VIP duffle bag tender in Indore?
To bid for LIC’s VIP duffle bag tender in Indore, prepare GST registration and PAN, bank details with cancelled cheque, and a non-blacklisting certificate. Ensure price is inclusive of all charges and confirm acceptance of the 25% quantity variation provision, delivery terms, and all tender terms.
What documents are required for Indore VIP bag procurement?
Submit GST registration, PAN card, bank details with cancelled cheque, non-blacklisting certificate, declaration of tender term acceptance, and all requested bid documents. Include any OEM authorizations if applicable and evidence of ability to supply within contract timelines.
What are the delivery terms for LIC bag tender in Indore?
Delivery commences from the last date of the original delivery order. If quantity increases within 25%, the extended time is calculated as (increased quantity/original quantity) × original delivery period, with a minimum of 30 days.
Are prices required to be inclusive of all charges for this bid?
Yes. Bidders must quote prices inclusive of freight, loading/unloading, delivery charges, and GST, with no extra charges invoiced later. Ensure the bid clearly states inclusive pricing for full compliance.
What is the bidding eligibility for LIC bag tender in MP 2026?
Eligible bidders must not be under liquidation or bankruptcy, hold valid GST and PAN, provide non-blacklisting certificates, and demonstrate ability to supply VIP duffle bags within the contract period.
What standards or certifications apply to LIC VIP bag tender
The data does not specify particular bag standards; bidders should ensure general compliance with government tender norms and provide standard documentation, with the understanding that GST/PAN are mandatory and terms acceptance is required.
When is the bid submission deadline for Indore LIC bag tender?
Exact bid submission deadlines are not disclosed in the data. Bidders should monitor the tender portal for deadline updates after registration and ensure submission of GST, PAN, and all required documents prior to the stated closing time.