LIC Life Insurance Corporation of India Procurement Kamrup Assam Window Envelope NEFT Mandate 2026
Progress
Key Highlights
- • LIC procurement in Kamrup Assam involves specific administrative stationery categories: INDEX_PLUS, NEFT_MANDATE, WINDOW_ENVELOPE, LAPSE_INT_LETTER, RENEWAL_PREM_NOTICE
- • 25% quantity variation right during contract placement and currency of contract
- • Advance sample approval: 2 samples due within 5 days of award with 5-day modification cycle
- • GST applicability clearly assigned to bidders; reimbursement per actuals or lower quoted rate
- • Delivery timeline adjustments based on sample approval delays; no liquidated damages defined in available terms
- • 5-item BOQ with unspecified quantities; emphasis on compliance with contract specifications and timely delivery
Tender Overview
The Life Insurance Corporation of India (LIC) under the Department of Financial Services invites bids from suppliers for multiple administrative document categories in Kamrup, Assam (781001). The procurement scope includes INDEX_PLUS, NEFT_MANDATE, WINDOW_ENVELOPE, LAPSE_INT_LETTER, RENEWAL_PREM_NOTICE with an estimated value of ₹288,000. The contract may accommodate fluctuating quantities via an option clause allowing ±25% variance, and delivery terms tie to the original or extended delivery periods. A mandatory pre-supply process includes advance samples for approval. The tender emphasizes compliance with buyer-specified delivery timelines and sample-based quality checks prior to bulk manufacturing. The emphasis on document handling and sample conformity distinguishes this window-envelope and notification-oriented procurement from standard stationery tenders.
Technical Specifications & Requirements
- Product/Service Names: Administrative communication materials: window envelopes, NEFT mandate forms, renewal notices, and related lapse/intimation letters.
- Sample & Approval: Bidder must supply 2 advance samples within 5 days of contract award; buyer to approve or request modifications within 5 days; bulk supply must follow the approved sample; delay in buyer approval extends delivery without LD.
- Delivery & GST: Delivery terms align with original or extended periods; bidders responsible for applicable GST; GST adjustments per actuals up to quoted rate.
- BOQ Items: 5 total items, exact quantities/units not disclosed; scope centers on administrative stationery and notification materials.
- Vendor Obligations: Ensure sample conformity, provide bulk quantities per approved sample, and maintain supply as per contract specifications.
Terms, Conditions & Eligibility
- Option Clause: Quantity may increase/decrease by up to 25% of bid quantity; extended delivery periods apply with formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
- GST: Bidder bears GST implications; reimbursement at actuals or the lower of applicable rates.
- Advance Sample Process: 2 samples within 5 days of award; modifications within subsequent 5 days; bulk supply per approved sample.
- Delivery Timelines: Delivery period linked to original delivery order date; extensions for option clause performed with no LD during sample-based delays.
- Documentation: Vendors must register their office/works; ensure compliance for administrative stationery tenders.
- Payment & Penalties: Payment terms not explicitly stated; non-compliance may trigger contractual remedies per ATC clauses.
Key Specifications
-
Administrative document products in scope: WINDOW_ENVELOPE, NEFT_MANDATE forms, LAPSE_INT_LETTER, RENEWAL_PREM_NOTICE, INDEX_PLUS
-
Estimated contract value: ₹288,000
-
Advance sample requirement: 2 samples within 5 days; modification/approval within 5 days
-
Delivery period mechanics: original vs extended; minimum extension 30 days
-
GST handling: bidder bears GST; reimbursement limited to actuals or quoted rate
Terms & Conditions
-
Option clause allows ±25% quantity change at contract award and during contract currency
-
Advance sample approval process with 5-day review cycles is mandatory
-
GST treatment and delivery timelines are governed by ATC with no explicit LD details
Important Clauses
Payment Terms
GST implications borne by bidder; reimbursement based on actuals or lower rate; no explicit milestone payments stated
Delivery Schedule
Delivery commences from the last date of original delivery order; extension based on option clause; no LD specified for sample delay
Penalties/Liquidated Damages
Not explicitly specified in available terms; contract may rely on ATC for non-compliance remedies
Bidder Eligibility
-
Registered office/works as required by LIC tender terms
-
Experience in administrative stationery or document handling projects
-
Financial stability demonstrated by accompanying statements
Tender Data
Bid Details
Quantity
210500
Category
INDEX_PLUS
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Item 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
Yes
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
1
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
INDEX_PLUS , NEFT_MANDATE , WINDOW_ENVELOPE , LAPSE_INT_LETTER , RENEWAL_PREM_NOTICE
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
20
Delivery Locations
1
Delivery Cities
Kamrup Metro
Delivery Pincodes
781001
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Tikendra Singha | 781001,FANCY BAZAR | Kamrup Metro | Assam | 781001 | 10000 | 20 | - |
Authority Records
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Documents 4
GeM-Bidding-9846791.pdf
Main Document
BOQ Document
BOQ
BOQ Document
BOQ
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Bill of Quantities (BOQ)
5 Items Sign in to view GEM price trends Sign in for GEM prices
INDEX_PLUS
AS PER BOW SPECICIFICATION DOC
NEFT_MANDATE
AS PER BOW SPECICIFICATION DOC
WINDOW_ENVELOPE
AS PER BOW SPECICIFICATION DOC
LAPSE_INT_LETTER
AS PER BOW SPECICIFICATION DOC
RENEWAL_PREM_NOTICE
AS PER BOW SPECICIFICATION DOC
| Item # | Title | Description | Quantity | Unit | Consignee | Delivery (Days) | Price Trends |
|---|---|---|---|---|---|---|---|
| 1 | INDEX_PLUS | AS PER BOW SPECICIFICATION DOC | 10,000 | sets | nhga1_licghydo.os | 20 | |
| 2 | NEFT_MANDATE | AS PER BOW SPECICIFICATION DOC | 500 | pads | nhga1_licghydo.os | 20 | |
| 3 | WINDOW_ENVELOPE | AS PER BOW SPECICIFICATION DOC | 100,000 | pieces | nhga1_licghydo.os | 20 | |
| 4 | LAPSE_INT_LETTER | AS PER BOW SPECICIFICATION DOC | 50,000 | sheets | nhga1_licghydo.os | 20 | |
| 5 | RENEWAL_PREM_NOTICE | AS PER BOW SPECICIFICATION DOC | 50,000 | sheets | nhga1_licghydo.os | 20 |
Categories
1
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates related to administrative stationery and document handling
Financial statements demonstrating turnover adequacy for procurement
EMD/Security deposit documents (if applicable per ATC)
Technical bid documents confirming sample process capability
OEM authorizations or supplier registrations if required by LIC
Any existing IS/IS rules or compliance certificates relevant to document handling materials
Frequently Asked Questions
Key insights about ASSAM tender market
How to bid for LIC procurement in Kamrup Assam window envelopes?
To bid for LIC procurement in Kamrup, submit GST registration, PAN, experience certificates, and financial statements. Ensure advance samples (2) within 5 days of award and obtain buyer approval within 5 days. Adhere to the option clause for quantity adjustments up to 25% and comply with GST requirements.
What documents are required for LIC NEFT mandate bid in Assam?
Required documents include GST registration, PAN, 3+ years of experience in administrative stationery, financial statements, EMD (if applicable), technical bid detailing sample process, and OEM authorizations. Ensure all documents align with ATC and LIC tender terms.
What is the delivery timeline for LIC window envelope contract in Kamrup?
Delivery starts after final delivery order; if the option clause increases quantity, extended period uses (increased/original) × original period, with a minimum 30 days. Sample delays may extend delivery without LD, per ATC terms.
What are the advance sample requirements for LIC procurement 2026?
Bidders must provide 2 advance samples within 5 days of award. The buyer approves or lists modifications within 5 days; bulk supply must align with approved sample. Unapproved samples may lead to rework or contract termination at buyer's discretion.
Are GST rates fixed or variable for LIC Assam tender?
GST is bidder-borne and reimbursable at actuals or the lower of applicable rates, not to exceed the quoted GST percentage. Plan quotes accordingly and retain supporting GST documentation.
What is the scope of items under the LIC Kamrup BOQ?
The BOQ comprises 5 items: INDEX_PLUS, NEFT_MANDATE, WINDOW_ENVELOPE, LAPSE_INT_LETTER, RENEWAL_PREM_NOTICE. Quantities are not disclosed; the contract focuses on administrative stationery and notification materials with sample-based conformity checks.
What happens if delivery delays occur due to sample approval in Assam tender?
If buyer delays approval of advance samples, the delivery period is refixed without LD for the delay. Once approved, suppliers must scale production to the modified schedule while maintaining contract conformity.
How does LIC handle quantity variations during the contract?
LIC may adjust quantity by up to 25% at contract placement and during the contract currency at contracted rates. The delivery timeline adjusts accordingly using the specified formula with a 30-day minimum extension.