Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6158319)
9inchx12inchx1 continuous paper
Tender Timeline
The GEM/2025/B/6158319 is an essential tender issued by the Department of Financial Services under the Ministry of Finance. This tender focuses on the procurement of 9inchx12inchx1 continuous paper, with a total quantity requirement of 800,000 units. The overarching objective is to ensure a continuous supply of paper, playing a vital role in the documentation processes across various governmental financial transactions.
Scope of Work and Objectives
The tender mandates that interested bidders provide high-quality continuous paper, maintaining industry standards while ensuring reliability in delivery. The paper will be used extensively in government operations, requiring adherence to specific technical specifications. Bidders are expected to demonstrate their capability in delivering the required quantity within stipulated timelines while maintaining compliance with outlined standards.
Eligibility Criteria
To qualify for this tender, bidders must meet certain eligibility criteria including, but not limited to, being a registered entity with appropriate business licenses. Additionally, companies must possess a sufficient financial grounding and capability to meet the production demands. A thorough assessment will be made to ensure that all applicants have a proven track record in similar supply contracts.
Technical Requirements
Bidders are required to provide technical specifications regarding the composition and performance of the continuous paper. The paper must comply with defined quality standards and be suitable for various official printing and documentation processes. Detailed documentation regarding quality assurance and testing procedures must be submitted along with the bid.
Financial Requirements
All bidders must demonstrate financial stability to ensure they can fulfill the contractual obligations. This may involve providing recent financial statements, proof of payment history, and any other relevant documentation that reflects their financial capacity.
Document Submission Details
Interested bidders are required to submit their bids electronically through the appropriate e-procurement platform as specified by the GEM system. Completed bid documents should include all technical and financial proposals as per the instructions outlined in the tender documentation.
Special Provisions
This tender may include provisions that favor Micro, Small, and Medium Enterprises (MSEs), encouraging participation from smaller firms to promote diversity in bidders.
Evaluation Process
Bids will be evaluated based on their adherence to technical and financial criteria established in the tender documents. All submissions will be validated, and vendors meeting the eligibility criteria will undergo a comprehensive assessment. Factors such as the quality of submissions, pricing, and delivery timelines will be taken into consideration during the evaluation process.
Delivery Locations
The successful bidder will be responsible for delivering the continuous paper to designated locations specified by the Department of Financial Services. Logistics planning and scheduling will be crucial to meet the delivery expectations set forth within the tender.
Contact Information
For further inquiries regarding the GEM/2025/B/6158319 tender, please refer to the official communication channels provided by the Department of Financial Services. Direct contacts may include authorized personnel listed on the procurement platform.
This tender represents a significant opportunity for bidders to engage with government procurement processes, bringing value to their organizations while fulfilling important resource needs for governmental operations.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
4 DocumentsDocuments Required from Seller
- Experience Criteria
- Past Performance
- Bidder Turnover
- Certificate (Requested in ATC)
- OEM Authorization Certificate
- OEM Annual Turnover
- Additional Doc 1 (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 valid business licenses. Bidders must also demonstrate adequate financial backing with proven capability in delivering similar supplies in the past. Compliance with all legal and regulatory standards is essential.
Bidders must submit a comprehensive set of documents, including valid business registration certificates, tax compliance documents, and quality assurance certifications related to the 9inchx12inchx1 continuous paper. Providing recent financial statements may also be a requisite.
To participate in the tender, interested bidders must register on the GEM platform, creating a seller account. Once registered, they can access the tender documentation and submit their bids electronically before the submission deadline.
Successful bidders may be required to submit a performance security deposit, which typically ranges between 5-10% of the total bid value. This serves as a guarantee for the fulfillment of the contract and adherence to quality and delivery schedules.
The evaluation process will assess submitted bids based on technical specifications, compliance with quality standards, and pricing structure. Preference may be given to bids that meet all project requirements, with an emphasis on responsiveness and delivery efficiency. Notifications of results will be communicated through the official channels.
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