Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6140980)
Data Recovery and Data Wiping Service - Data Wiping; Tape Drive; Not Applicable

Tender Timeline
Tender Title: Data Recovery and Data Wiping Service
Reference Number: GEM/2025/B/6140980
Issuing Authority/Department:
The tender is being issued by the Department of Financial Services, under the Ministry of Finance. This program aims to procure reliable services for data recovery and data wiping.
Scope of Work and Objectives
The scope of this tender encompasses comprehensive data recovery and data wiping services specifically targeting tape drives and any related media formats. The core objective is to ensure that data stored on obsolete or damaged drives can be retrieved effectively and any sensitive data is wiped securely and irretrievably, protecting stakeholders from data breaches. This service is crucial to maintain data integrity and comply with organizational standards pertaining to data security.
Eligibility Criteria
In order to participate in this tender, bidders must meet several eligibility criteria, which include:
- Being a registered entity under applicable laws.
- Demonstrating prior experience in data recovery and data wiping.
- Possessing the necessary certifications related to data handling and protection.
Technical Requirements
Bidders must ensure that they meet the following technical specifications:
- Demonstrate capability in handling various tape drive formats and data recovery techniques.
- Use industry-standard tools and methodologies for secure data wiping processes.
- Provide proof of methodologies and success rates in prior projects related to data recovery and data wiping.
Financial Requirements
All potential bidders are required to present sound financial documentation that reflects their stability and capability to fulfill the obligations of the contract, including:
- Submission of audited financial statements for the past two years.
- An Earnest Money Deposit (EMD) may be required, ensuring commitment to the bid process.
Document Submission Details
Prospective bidders must submit all necessary documents electronically through the official procurement platform indicated by the issuing authority. Properly organized documentation should include:
- Technical Proposals
- Financial Proposals
- Experience and capability statements
Special Provisions
Micro, Small, and Medium Enterprises (MSEs) and startups may be offered benefits under this tender, including the opportunity for relaxed eligibility criteria and support in the bidding process, encouraging greater competition and innovation.
Evaluation Process
The evaluation will be conducted based on a dual criteria of technical and financial proposals. Bids will undergo a scoring system where technical submissions will be evaluated first before financial reviews are conducted. The final allocation of contracts will consider both the overall score and compliance with all tender stipulations.
Delivery Locations
Services must be offered at various specified locations as outlined within individual project specifications, primarily focusing on secure facilities equipped to handle sensitive data.
Contact Information
For any inquiries related to this tender process, participants are encouraged to reach out using the official communication channels as specified in the procurement platform.
This tender for data recovery and data wiping service presents a unique opportunity for qualified suppliers to enhance the government's data management capabilities while adhering to best practices in data security.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
2 DocumentsDocuments Required from Seller
- Experience Criteria *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
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Frequently Asked Questions
The eligibility requirements include being a registered entity with proper licensing, demonstrating relevant experience in both data recovery and data wiping services, and providing necessary certifications related to data handling. Stakeholders must showcase their proficiency in managing sensitive data and compliance with data protection laws.
Participants are encouraged to submit relevant certifications that may include ISO certifications in information security management, data protection certifications, and any industry-specific qualifications that demonstrate a commitment to quality standards and best practices in data management. These are critical to validate the technical competencies and commitment to compliance.
The submission of documents for this tender is required to be done electronically only via the designated procurement platform indicated by the Department of Financial Services. All bidders must ensure that they conform to the expected formats and include both technical and financial proposals in a structured manner.
The Earnest Money Deposit (EMD) is a financial assurance required from bidders during the tender process to confirm their commitment. The amount and conditions surrounding the EMD will be outlined in the tender document. This deposit will be returned post-evaluation to unsuccessful bidders while retained from successful bidders until contract fulfillment.
MSEs are afforded special provisions under this tender, enabling them to compete effectively. This may include preferences in the bidding process, simplified documentation requirements, and support for understanding compliance with the Make in India policies to promote local talent and innovation. The aim is to encourage participation from emerging businesses offering high-quality services at competitive prices.
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