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LIC Life Insurance Corporation Tea Set Tender Gwalior Madhya Pradesh 2026 - Tea Set Procurement with 25% Quantity Variation Option

Bid Publish Date

18-Jun-2026, 4:47 pm

Bid End Date

29-Jun-2026, 5:00 pm

Value

โ‚น1,49,800

Progress

Issue18-Jun-2026, 4:47 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

749

Bid Type

Two Packet Bid

Key Highlights

  • โ€ข Organizational focus: LIC - Life Insurance Corporation Of India, Tea Set procurement
  • โ€ข Location specificity: tender in Gwalior, Madhya Pradesh
  • โ€ข Product specifics: Tea Set (V2) including cups, saucers, teapots, milk pot, sugar pot, tray
  • โ€ข Standards/compliance: not explicitly stated in data; ensure material and component integrity match listed categories
  • โ€ข Special clause: option to increase/decrease quantity up to 25% at contracted rates
  • โ€ข Delivery timing: pro-rata extension rules tied to original delivery period with minimum 30 days
  • โ€ข Documentation expectations: standard bid submission requirements to be verified in T&C

Tender Overview

Life Insurance Corporation of India invites bids for a Tea Set (V2) procurement under the Department of Financial Services, located in GWALIOR, MADHYA PRADESH - 474001. Estimated value is โ‚น149,800. The scope covers standard tea service components including cups, saucers, teapots, milk/cream pot, sugar pot, and tray, with a focus on the nominal cup capacity in milliliters. The BOQ shows no items, indicating a straightforward tea set package. A distinctive feature is the option clause allowing quantity variation of up to 25% during contract execution, with procurement terms applying at contracted rates.

  • Organization: LIC - Life Insurance Corporation Of India
  • Location: GWALIOR, MADHYA PRADESH
  • Category: Tea Set (V2)
  • Estimated value: โ‚น149,800
  • Unique clause: 25% quantity variation option during contract
  • No BOQ items listed; procurement appears as a single tea set package

Technical Specifications & Requirements

  • Product category: Tea Set Items
  • Tea set components: cups, saucers, tea pots, milk/cream pot, sugar pot, tray
  • Material scope: Tea Set (excluding tray material)
  • Dimensional: Nominal Capacity of Cup (in ml)
  • Quantity indicators: counts for each component (cups, saucers, teapots, etc.)
  • Delivery/fulfillment terms align with the option clause and contracted quantities

Terms, Conditions & Eligibility

  • EMD amount: Not disclosed in the tender data
  • Quantity variation: up to 25% at placement and during currency, at contracted rates
  • Delivery period: linked to last date of original delivery order; extended period follows a pro-rata calculation with minimum 30 days; extended duration can reach original delivery period
  • Submission context: standard bid submission required with all necessary documentary compliance

Key Specifications

  • Tea Set Items: cups, saucers, tea pots, milk/cream pot, sugar pot, tray

  • Material scope: Tea Set excluding tray material

  • Nominal Cup Capacity: specified in ml (exact value not disclosed)

  • Total items: no BOQ items listed; single package scope

  • Delivery variation: ยฑ25% quantity option at contracted rates

Terms & Conditions

  • Quantity variation up to 25% during contract at contracted rates

  • Delivery period linked to last original delivery date with pro-rata extension

  • EMD amount not disclosed; ensure submission as per T&C

Important Clauses

Payment Terms

Payment terms to be detailed in T&C; ensure alignment with delivery milestones and contract rates

Delivery Schedule

Delivery timeline governed by original delivery order date; extended duration uses (Increased quantity รท Original quantity) ร— Original delivery period, minimum 30 days

Penalties/Liquidated Damages

LD provisions, if any, to be confirmed in T&C; watch for late delivery impact

Bidder Eligibility

  • Registered supplier with ability to supply tea set components

  • Demonstrated experience in similar hospitality or institutional tea set procurement

  • Financial stability evidenced by recent financial statements

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

No

Bid To RA Enabled

No

Item Category

Tea Set (V2) (Q4)

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

BID & GeM Expert Consultancy

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

Bid Preparation GeM Registration Document Filing

Free consultation ยท 24h response

Documents 3

GeM-Bidding-9488484.pdf

Main Document

CATALOG-Specification-1

CATALOG Specification

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Technical Specifications 1 Item

Item #1 Details

View Catalog
Category Specification Requirement
Generic Tea Set Items Cups & Saucers, Cups & Teapot, Cups, Saucers & Teapot, Cups, Tray & Teapot, Cups, Saucers, Tea Pot, Milk/Cream Pot & Sugar Pot, Milk/Cream Pot & Sugar Pot
Generic Material of Tea Set (Excluding tray material) Opalware
Generic Number of Cup in Tea Set 2 pcs, 4 pcs, 6 pcs, 12 pcs, NA (If no Cup is included)
Generic Number of Saucer in Tea Set 2 pcs, 4 pcs, 6 pcs, 12 pcs, NA (If no saucer is included)
Generic Number of Tea Pot in Tea Set 1 pcs, NA (If no Tea Pot is included)
Generic Number of Milk/Cream Pot in Tea Set 1 pcs, NA (If no Milk/Cream Pot is included)
Generic Number of Sugar Pot in Tea Set 1 pcs, NA (If no Sugar Pot is included)
Generic Number of Tray in Tea Set 1 pcs, NA (If no Tray is included)
Dimension Nominal Capacity of Cup (In ml) 120, 130, 140, 150, 160, 170, 180, 190, 200, 210, 220, 230, 240, 250, NA (If no Cup is included)

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar tea set procurement

4

Financial statements or turnover evidence

5

EMD submission proof if applicable (amount not disclosed)

6

Technical bid documentation demonstrating compliance with tea set components

7

OEM authorization or supplier authorization (if applicable)

Frequently Asked Questions

Key insights about MADHYA PRADESH tender market

How to bid for LIC tea set tender in Gwalior Madhya Pradesh 2026?

Bidders should prepare GST registration, PAN, experience certificates, and financials; submit technical bid detailing tea set components (cups, saucers, teapots, milk pot, sugar pot, tray) with nominal cup capacity in ml. Ensure compliance with the 25% quantity variation option and deliver under the contract terms.

What documents are required for LIC tea set procurement in Gwalior?

Required documents include GST certificate, PAN card, experience certificates for similar procurement, latest financial statements, EMD proof (if applicable), technical bid showing compliance with tea set components, and OEM authorization if applicable.

What are the technical specs for LIC tea set tender in MP 2026?

Technical scope covers Tea Set Items (cups, saucers, teapots, milk pot, sugar pot, tray) with material scope excluding tray material, and Nominal Cup Capacity in ml. No BOQ items listed; quantity may be adjusted by up to 25% during contract.

What is the quantity variation clause for this LIC tender in Gwalior?

The purchaser may increase or decrease quantity up to 25% of bid quantity at placement and during the currency of the contract, with rates fixed at contracted values; extended delivery time follows a pro-rata calculation with a minimum of 30 days.

When is payment due for LIC tea set supply in Gwalior tender 2026?

Payment terms are defined in the contract; ensure delivery milestones align with payment release; confirm if advance or milestone-based payments are applicable during final bid submission.

What is the delivery timeline for LIC tea set procurement in MP?

Delivery timing depends on the last date of the original delivery order; extended delivery uses the formula (Increased quantity รท Original quantity) ร— Original delivery period, with a minimum of 30 days; ensure contingencies for quantity fluctuations.

Are OEM authorizations required for LIC tea set bid in Madhya Pradesh?

If specified in terms, provide OEM authorization for the tea set components; otherwise submit supplier qualifications and technical bid demonstrating capability to supply standard tea set items and components listed.

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