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Open Tender for Vehicle Hiring Service - Per Vehicle-Day basis - Electric Vehicle; 2021; Local; Plain; 40Kms x 5Hrs in MUMBAI, MAHARASHTRA

Bid Publish Date

11-Aug-2026, 4:23 pm

Bid End Date

14-Sep-2026, 7:00 pm

EMD

₹29,760

Value

₹26,88,000

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Progress

Issue11-Aug-2026, 4:23 pm
Corrigendum07-Sep-2026
AwardPending

Lic - Life Insurance Corporation Of India invites bids for Vehicle Hiring Service - Per Vehicle-Day basis - Electric Vehicle; 2021; Local; Plain; 40Kms x 5Hrs; One Way, Vehicle Hiring Service - Per Vehicle-Day basis - Electric Vehicle; 2021; Local; Plain; 80Kms x 10Hrs; Round Trip in MUMBAI, MAHARASHTRA. Quantity: 960. Submission Deadline: 14-09-2026 19: 00: 00. Submit your proposal before the deadline.

Tender Data

Bid Details

Quantity

960

Bid Type

Two Packet Bid

Bid Validity

90 (Days)

Bid Type

Service

Evaluation

Item wise evaluation

Tech Clarification Time

3 Days

Preference & Exemptions

EMD Required

Yes

MII Compliance

Yes

MSE Purchase Preference

Yes

MSE Preference Band

L1+15%

Startup Exemption/Relaxation

No

Bid Splitting Applied

No

Requirements

Min. Avg. Annual Turnover

8

Experience Required

3 Year (s)

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

Vehicle Hiring Service - Per Vehicle-Day basis - Electric Vehicle; 2021; Local; Plain; 40Kms x 5Hrs; One Way , Vehicle Hiring Service - Per Vehicle-Day basis - Electric Vehicle; 2021; Local; Plain; 80Kms x 10Hrs; Round Trip

Advisory Bank

IDBI Bank

ePBG Percentage

5%

ePBG Duration (Months)

26

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)

Pre-Bid & Qualification

Pre-Bid Date

18-08-2026 11:00:00

Pre-Bid Venue

LIC of India, 4th floor, OS Department, Yogakshema building, Nariman point, Mumbai 400021

Delivery Details

Delivery Locations

1

Delivery Cities

Mumbai

Delivery Pincodes

400021

Delivery Locations

ConsigneeAddressCityStatePincodeQuantityDelivery DaysAdditional Requirement
Rajashri Indraneel Chousalkar400021,LIC of India , Central Office , 4th floor, West Wing, Yogakshema, JB Marg, Nariman Point, Mumbai 400021MumbaiMaharashtra400021480-Maximum No. of Vehicles required in a Day/Event : 1

Authority Records

MINISTRY OF FINANCEFINANCIAL SERVICES DEPARTMENT

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Documents 7

GeM-Bidding-9740646.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

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

Central Office Mumbai

Grievance Contact

[email protected]

Corrigendum Updates

1 Update
#1

Update

07-Sep-2026

Extended Deadline

14-Sep-2026, 1:30 pm

Opening Date

15-Sep-2026, 1:30 pm

Categories 2

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Required Documents

1

Experience Criteria

2

Bidder Turnover

3

Certificate (Requested in ATC)

4

Additional Doc 1 (Requested in ATC)

5

Additional Doc 2 (Requested in ATC)

6

Additional Doc 3 (Requested in ATC)

7

Additional Doc 4 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria

8

the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer