Life Insurance Corporation Of India Tender

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The LIC has issued a formal invitation for competitive bids for the Life Insurance Corporation Of India project, for CATEGORY: Security Manpower Service (Version 2.0) - Office/Commercial/Institutions/ Residential; Armed Security Guard , Security Manpower Service (Version 2.0) - Office/Commercial/Institutions/ Residential; Unarmed Security Guard in Begusarai, Bihar, with an estimated contract value of Rs. 2,94,73,768. The bid opening date for this tender is 07-05-2025 and the last date for bid submission is 26-05-2025. Interested bidders for Life Insurance Corporation Of India tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

Life Insurance Corporation Of India - LIC Tender

Services
Security and Emergency Services
GEM
Opening Date7 May 2025
Closing Date26 May 2025
Tender Amount₹ 2,94,73,768 
Notes
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The required prior work experience for the bidder is 3 years of experience in providing similar type of services. The bidder should have successfully executed/completed similar services with specific conditions: - Three similar completed services costing not less than 40% of the estimated cost; - Two similar completed services costing not less than 50% of the estimated cost; - One similar completed service costing not less than 80% of the estimated cost. Additionally, the bidder should have executed at least 1 project with a contract value of not less than Rs 75 Lakh for each contract of providing manpower services to reputed firms in any last 3 financial years, and at least 1 project with supply of 25 manpower in each contract of providing manpower services to Central/ State Government Departments/ Public Sector Undertakings/ Autonomous Bodies in the last 3 financial years. The contract value is Rs 500 Lakh. The minimum average annual turnover of the bidder for 3 years is 500 Lakh.

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