Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6119195)
Leasing Service of DG-Set

Tender Timeline
Tender Title: Leasing Service of DG-Set
Reference Number: GEM/2025/B/6119195
Issuing Authority/Department
The tender is issued by the Department of Financial Services, which operates under the Ministry of Finance. This agency is responsible for various financial services within the government, emphasizing the importance of this tender in regard to national finance operations.
Scope of Work and Objectives
The primary objective of this tender is to secure a comprehensive Leasing Service of DG-Set (Diesel Generating Set) that ensures uninterrupted power supply for essential services. This initiative aims to enhance efficiency, reduce operational costs, and ensure adherence to quality standards.
The scope of work entails:
- Provision and maintenance of DG-Sets for specified locations.
- Continuous monitoring to ensure operational efficiency.
- Regular servicing and adherence to safety protocols.
Eligibility Criteria
To participate in this tender, bidders must meet specific eligibility criteria:
- Registration as a legal entity recognized in the relevant jurisdiction.
- Demonstrated experience in providing leasing services for DG-Sets.
- Valid licenses and certifications related to the service being tendered.
Technical Requirements
Bidders must provide:
- Details of the technical specifications of the offered DG-Sets, including fuel efficiency, capacity, and compliance with environmental standards.
- A comprehensive maintenance plan outlining routine checks and emergency services.
Financial Requirements
Participants should be prepared to disclose:
- Financial statements for the past three years, showcasing sustainability and capacity to undertake the project.
- A proposal detailing leasing costs, including any additional charges or fees.
Document Submission Details
Submissions must adhere to the specified formats and include:
- A clearly labeled request for submission document, detailing all required information.
- Completed bid forms as outlined in the tender documentation.
Special Provisions
This tender includes special provisions for Micro, Small, and Medium Enterprises (MSEs) and startups, encouraging them to participate by offering advantages such as a relaxed eligibility requirement and potential financial incentives.
Evaluation Process
The evaluation will consider:
- Compliance with the technical requirements,
- Financial proposals will be compared based on cost-effectiveness, value for money, and service capabilities.
Delivery Locations
Bidders must confirm that they can deliver the services at the specified government facilities that require DG-Set leasing. Details about delivery points will be provided upon successful bid acceptance.
Contact Information
For further inquiries or clarification regarding the tender, please reach out to the contact department listed in the official tender documents.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC) *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 proven experience in leasing DG-Sets. Participants must also have valid certifications and licenses relevant to the leasing service, showcasing their capability to meet the technical demands.
The technical specifications for DG-Sets must detail capacities, power output, fuel efficiency, and compliance with industry and environmental standards. Additionally, proposed service plans for routine maintenance and emergency response should be included to ensure long-term operational reliability.
The performance security requirements typically entail a financial guarantee provided by the contractor to ensure compliance with contract terms. This may include a bank guarantee or another form of collateral related to the total value of the contract, which protects the client in case of non-compliance.
Bidders must submit their documents electronically through the designated platform specified in the tender announcement. Formats for submission typically include PDF or specific electronic formats as requested within the tender document to ensure compliance with the evaluation criteria.
Yes, there are specific benefits available for Micro, Small, and Medium Enterprises (MSEs). These may include relaxed eligibility requirements, potential financial incentives, and support structures aimed at increasing participation from smaller entities in government tenders, thus fostering local economic growth.
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