Life Insurance Corporation of India Trophy Materials Tender Department of Financial Services India 2026 - Trophy Design, Dimensions & Materials

Tender Overview

Life Insurance Corporation of India (LIC) invites bids for procurement of Trophy materials under the Department of Financial Services. The scope covers material of the trophy, material of the base, trophy style/design, and precise dimensions in inches (overall height, width, base height, and base dimensions). Estimated value is ₹23,000. Location details are not specified; the award targets suppliers capable of delivering standard-compliant, well-finished awards in line with the buyer’s requirements. A key differentiator is the explicit focus on design and dimensional accuracy, ensuring consistency across multiple trophies. Unique aspects include the need to align with trophy-specific material and finish requirements while adhering to delivery windows implied by option clauses.

Technical Specifications & Requirements

• Product category: Trophy (V2) with emphasis on material, design and dimension.
• Categories: Material of the Trophy; Material of the Base; Style/Design of the Trophy; Overall Height (inches); Width (inches); Height of the Base (inches); Base Dimension (L x W, inches).
• Dimensions (inches): Provide exact measurements for all listed aspects; alignment with design sample to be approved.
• Finish/Style: Trophy design to be consistent with standard trophy aesthetics; ensure finish quality suitable for gifting.
• Qualification notes: No BOQ items; price proposals should reflect unit trophy specifications and any ancillary packaging.
• Quality context: Suppliers should demonstrate capability to deliver dimensionally accurate trophies and compatible base materials.

Terms, Conditions & Eligibility

• Option clause: Purchaser may increase/decrease quantity up to 25% during contract; extended delivery time calculated as (additional quantity/original quantity) × original delivery period, minimum 30 days.
• Financial standing: Bidders must certify no liquidation or bankruptcy; upload undertaking.
• GST: GST payable as per actuals or applicable rates; invoice in consignee name with consignee GSTIN.
• Contractual liability: Seller remains jointly liable with assignee/sub-contractor; no unapproved subcontracting.
• Termination grounds: For non-delivery, material non-compliance, bankruptcy, or assignment for creditors; contract can be terminated by the purchaser.
• Submission scope: GST, PAN, experience, financials, EMD documents (if applicable), and technical compliance where required; ensure all terms are met for bid submission.