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Punjab › Ministry of Finance

Leasing Service of DG-Set

Lic - Life Insurance Corporation Of IndiaMinistry of Finance › Department of Financial Services › Divisional Office Distt Shopping Complex Ra Asr

Amritsar, Punjab

Est. value ₹79.5 L · EMD ₹1.6 L · Closes 23 Oct 2026, 2:00 pm

Open on GeM

Ministry of Finance published this services tender on GeM on 8 Oct 2026, for Amritsar, Punjab. The estimated value is ₹79.5 L and the EMD is ₹1.6 L. It closes on 23 Oct 2026, 2:00 pm IST. Bid number GEM/2026/B/8121422.

Timeline

  1. Published8 Oct 2026
    1:26 pm
  2. Reverse auctionIf the bid qualifies, after evaluation

Key figures

Estimated value₹79.5 L

EMD₹1.6 L

Closing date23 Oct 20262:00 pm IST

About this tender

Reference
GEM/2026/B/8121422
Bid type
Bid
Evaluation method
Item wise evaluation
Packet type
Two Packet Bid
Reverse auction
Yes, H1-Highest Priced Bid Elimination
Total quantity
7
Location
Amritsar · Punjab
Portal
GeM
Created by
ao.os1.amritsar

Documents required

Show all 7
  • Additional Doc 4 (Requested in ATC)

Eligibility

Experience3 years

Min. turnover₹15 La year, 3-year average

Offer validity180 days

Preferences & relaxations

Items & delivery

Total quantity 71 consignee

AddressPlaceQtyDays
143001,LIC OF INDIA, DIVISIONAL OFFICE, 4-5, DISTRICT SHOPPING COMPLEX, RANJIT AVENUE, AMRITSARAmritsar -i, Amritsar, Punjab

Fees & money

EMD
₹1.6 L
EMD schedules
2 schedules: ₹96,000 · ₹63,000
Performance guarantee
5% for 62 months
Payment terms
Payments shall be made to the Seller within 10 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Contract period
5 Year(s)

Important dates

Published
8 Oct 2026, 1:26 pm IST
Closes
23 Oct 2026, 2:00 pm IST

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