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Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6117185)

Thermal Ribbon

Goods
Qty:4,500
Department of Financial Services Tender by Lic - Life Insurance Corporation Of India (GEM/2025/B/6117185)

Tender Timeline

Tender Issue
April 9, 2025 at 11:23 AM
Corrigendum
April 24, 2025 at 12:44 PM
Bid Extended to April 28, 2025 at 11:00 AM

Tender Title: Supply of Thermal Ribbon
Reference Number: GEM/2025/B/6117185
Issuing Authority: Department of Financial Services, Ministry of Finance

Scope of Work and Objectives

The primary objective of this tender is to solicit bids for the supply of thermal ribbons in a quantity of 4,500 units. The awarded contractor will be responsible for ensuring that the thermal ribbons meet the specified quality standards, are delivered on time, and adhere to the predefined guidelines set forth by the issuing authority.

Eligibility Criteria

Bidders must meet certain eligibility criteria to participate in this tender. These include:

  • Being a registered entity with the appropriate regulatory bodies.
  • Demonstrating previous experience in supplying similar products.
  • Compliance with statutory requirements, including necessary certifications.

Technical Requirements

The technical specifications for the thermal ribbons must be strictly followed. This includes:

  • Compatibility with common printing machines in use within government departments.
  • Adherence to the quality standards that ensure durability and clarity in printing.
  • Providing comprehensive product literature and evidence of compliance with industry standards.

Financial Requirements

Bidders are required to submit financial documentation that includes:

  • Proof of financial stability, such as recent balance sheets or bank statements.
  • A detailed breakdown of costs associated with the supply of thermal ribbons, including any taxes and additional charges.
  • An Earnest Money Deposit (EMD) as specified in the tender documentation, ensuring seriousness in bids submitted.

Document Submission Details

All required documents must be submitted electronically through the designated portal. Submissions should include:

  • A duly filled bid form.
  • Technical and financial proposals as separate documents.
  • Required certificates and registration documents confirming eligibility.

Special Provisions

Importantly, provisions are available for Micro, Small, and Medium Enterprises (MSEs) and startups, allowing them to participate actively in this tender process. These benefits may include relaxed eligibility criteria and lower financial thresholds for bid participation.

Evaluation Process

The evaluation process will be rigorous and structured. Bids will be assessed based on:

  • Compliance with technical specifications.
  • Pricing competitiveness and clarity in financial documentation.
  • Previous experience and client references related to thermal ribbon supplies.

Delivery Locations

The delivery of the thermal ribbons will take place at specified government offices, as dictated by the Department of Financial Services. Bidders must ensure timely delivery in accordance with the agreed-upon schedule post-award of contract.

Contact Information

For further queries, bidders can reach out to the official contact points listed on the bidding platform for assistance on clarifying doubts related to the tender.

In conclusion, this tender represents an opportunity for qualified vendors to engage with government projects and contribute to the Ministry of Finance’s operational needs. Adherence to the provided guidelines and timely submission of documents will be crucial for successful participation.

General Information

Item Category
Thermal Ribbon (Q3)
Ministry Name

Financial Information

OEM Average Turnover
₹1.00 Lakh (s)
Minimum Turnover
₹1.00 Lakh (s)
Bid Offer Validity
180 (Days)
Past Performance
20 %
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
3 Days

Tender Documents

4 Documents
GeM-Bidding-7714336.pdfMain Document
GeM Category SpecificationGEM_CATEGORY_SPECIFICATION
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents 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

Corrigendum Updates

Bid Extended to April 28, 2025 at 11:00 AMModified on April 24, 2025 at 12:44 PM
Bid Opening April 28, 2025 at 11:30 AM

Frequently Asked Questions

The eligibility requirements include being a registered entity, demonstrating prior experience in supplying thermal ribbons, and possessing the necessary licenses and certifications. Bidders may also need to meet specific financial stability criteria, ensuring they are capable of fulfilling contract obligations. It is recommended that all potential bidders review the detailed requirements outlined in the tender documentation to ensure compliance and avoid disqualification.

Bidders are required to submit various certificates, including proof of registration with relevant authorities, compliance certifications, and quality assurance documents that demonstrate adherence to industry standards. Additionally, financial documentation that reflects stability, such as bank statements and tax compliance certificates, may also be required.

The registration process for participating in this tender involves submitting the necessary documentation through the designated online portal. Bidders must fill out the application form, provide relevant certificates, and ensure that all submissions are made before the deadline. It is crucial to ensure that registration details are accurate and complete to facilitate smooth processing.

Documents for the tender submission should ideally be in standard formats, such as PDF or Word. It is crucial to ensure that the submitted documents are legible and formatted appropriately according to the guidelines specified in the tender documentation. Properly formatted submissions assist in the evaluation process and reduce the possibility of errors.

Payment terms for this tender will typically include conditions such as advance payments upon contract award, milestone payments based on delivery schedules, and final payments contingent upon successful material acceptance. The detailed payment framework will be explicitly outlined in the contract following the evaluation and award process, and bidders are encouraged to review these terms to understand their financial implications.

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