GEM

LIC Life Insurance Corporation Maple Travel Sling Bag Tender Department Of Financial Services India 2025

Posted

22 Oct 2025, 07:24 pm

Deadline

06 Nov 2025, 05:00 pm

EMD

₹1,00,000

Location

HYDERABAD , TELANGANA

Progress

Issue22 Oct 2025, 07:24 pm
AwardPending
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Quantity

15600

Bid Type

Two Packet Bid

Key Highlights

  • • MAPLE Travel Sling Bag for Men & Women procurement under LIC
  • • EMD amount: ₹100,000; bid submission to satisfy security deposit requirements
  • • Quantity flexibility: ±25% of bid quantity during contract; extended delivery time rules apply
  • • Delivery period mechanics: calculated with original vs extended periods; minimum 30 days
  • • ATC document uploaded; bidders must review and comply with specific terms
  • • No BOQ items listed; expect catalog-based or direct-quote submission

Categories 2

BAG SLING

Tender Overview

The tender is issued by the Life Insurance Corporation of India (LIC) under the Department Of Financial Services for the procurement of Maple Travel Sling Bags for men & women. The project scope shows an estimated procurement value with an EMD of ₹100,000 and a Bid Quantity flexibility of up to 25%, enabling adjustments at contract award or during the contract. Location details are not specified in the data, and no BOQ items are listed, indicating a potentially small to mid-scale bag supply requirement. The tender emphasizes adherence to the purchaser’s option clause and delivery-time computations, which could influence bid pricing and scheduling. This tender sits within a government procurement workflow and may align with annual LIC staff or client-facing merchandise programs, depending on internal categorization.

Technical Specifications & Requirements

  • Product: Maple Travel Sling Bag for men & women
  • Category: Travel/Bag procurement; no explicit bag specifications or material details are provided
  • EMD: ₹100,000 collection, with online or DD submission as per standard GOV requirements
  • Quantity: Up to 25% increase/decrease allowed from bid quantity; delivery timing calculated from the original and extended periods per the option clause
  • Standards/Testing: No specific standards listed in the data; bidders should anticipate standard governances on bag components, warranties, and delivery
  • Delivery/Location: Not specified; delivery terms follow the clause allowing extension up to the original delivery period under the option rules
  • Key differentiator: The tender highlights a dynamic quantity adjustment provision and a defined delivery-time methodology, impacting scheduling and pricing

Terms, Conditions & Eligibility

  • EMD: ₹100,000 to be submitted per terms; bidders must comply with option-driven quantity adjustments up to 25%
  • Delivery terms: Delivery period aligned to original order date; extended delivery time calculation uses (Increased quantity ÷ Original quantity) × Original delivery period with a 30-day minimum
  • Payment terms: Not explicitly detailed in the provided data; bidders should prepare for standard government payment cycles
  • Documents: Typical tender submissions include GST certificate, PAN, experience certificates, financial statements, and OEM authorizations, but exact required documents are not enumerated here
  • ATC/ATD: An uploaded ATC document exists; bidders should review it for clause-specific compliance and risk allocation
  • BOQ: No items listed, suggesting potential direct-quote or catalog-based submission rather than unit-rate items
  • Compliance: All bidders must adhere to the generic and ATC terms and the option clause to ensure contract viability

Key Specifications

  • Product/service names: Maple Travel Sling Bag

  • Category: Travel bag procurement for men & women

  • Estimated value: Not specified

  • EMD amount: ₹100,000

  • Delivery terms: As per option clause; min 30 days for additional time

  • Experience: No explicit years; bidders should demonstrate capability for government bag supply

  • Quality/standards: Not specified; prepare for general product quality assurance and durability

  • Warranty/AMC: Not specified

Terms & Conditions

  • EMD of ₹100,000 required with bid submission

  • Quantity may adjust ±25% during contract at contracted rates

  • Delivery timelines computed from original and extended periods with minimum 30 days

  • Review ATC document for clause-specific compliance

Important Clauses

Payment Terms

Not explicitly stated; bidders should assume standard government payment cycles post acceptance and verification

Delivery Schedule

Delivery period starts from the last date of original delivery order; extended period uses calculated formula with minimum 30 days

Penalties/Liquidated Damages

Not specified; ensure compliance with option clause and timely delivery to avoid LDs

Bidder Eligibility

  • Demonstrated experience in supplying travel bags or similar consumer goods to government or large organizations

  • Valid GST registration and PAN

  • Financial stability evidenced by recent financial statements

  • Adherence to ATC terms and ability to meet 25% quantity variation

  • OEM authorization if brand-specific bags are proposed

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Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates for similar bag/supply contracts

4

Financial statements (audited if possible)

5

EMD submission proof (₹100,000)

6

Technical compliance certificates or product specifications (if available)

7

OEM authorization or dealership certificate (if applicable)

8

Any ATC-compliant documents referenced in buyer ATC

Frequently Asked Questions

How to bid for Maple Travel Sling Bag tender in India 2025 LIC?

Bidders should submit the EMD of ₹100,000, provide GST and PAN, attach experience certificates, financial statements, and OEM authorizations if applicable. Review the ATC document for clause compliance, and be prepared for quantity adjustments up to 25% during the contract with a 30-day minimum delivery window.

What documents are required for LIC bag procurement in 2025?

Required documents include GST registration, PAN card, experience certificates for similar bag supply, financial statements, EMD proof of ₹100,000, technical compliance certificates, OEM authorization, and the ATC-compliant documents referenced by the buyer.

What is the delivery timeline for the LIC luggage tender India 2025?

Delivery timing follows the original delivery order date; if the quantity increases, the extended period is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days and possible extension up to the original delivery period.

What standards or certifications are required for the bag bid LIC?

The tender data does not specify exact standards; bidders should prepare general product quality assurance and durability documentation and review the ATC for any standard references or required certifications.

How does the 25% quantity option affect bidding price for LIC bag tender?

Bidders must price for potential quantity changes of ±25%; contract pricing should reflect flexible quantities, which may impact unit cost and total contract value. Ensure pricing remains valid for extended delivery calculations.

What is the EMD amount and payment expectation for LIC bag procurement?

EMD is ₹100,000; bidders should provide secure payment proof and ensure the EMD is submitted per government tender terms, with the ATC outlining any payment milestones after order placement.

Where can bidders find ATC clauses for this LIC procurement?

The ATC document is uploaded by the buyer; bidders must click the ATC link in the tender portal to review clauses, ensure compliance, and prepare any required deviations before submission.

What is the scope of delivery under the LIC travel bag tender 2025?

The scope centers on Maple Travel Sling Bags for men and women; no explicit quantity or bag specification is listed in the data. Prepare a flexible catalog-based quote and ensure compatibility with potential quantity variations.