Bid document
PDFGeM Bid DocumentGEM/2026/B/7679873 · official PDF
GeMOpen on GeM portalbidplus.gem.gov.in — live bidding
Bid details are referenced from GeM (bidplus.gem.gov.in). Live bidding and authoritative documents remain on the official portal.
Complete bid details
Buyer & organisationMinistry / StateMinistry of Finance
DepartmentDepartment of Financial Services
OrganisationLic - Life Insurance Corporation Of India
SectorOther
Buyer typePSU
Item & categoryItemCurrency Counting Machine (V2),Currency Counting Machine (V2)
CategoryOffice & Electronics
Sub-categoryCurrency Counting Machine
TypeGoods
ProcurementNew Supply
Quantity24
Reverse AuctionNo
Make-in-India pref.Yes
BiddingTwo-packet
Financials & eligibilityEstimated value₹5.64 L
Value tier1-10L
EMD requiredYes
ePBG requiredYes
Min. turnover300000
Experience req.3 yrs
MSE-friendlyYes
Startup-friendlyYes
New-seller-friendlyYes
Installation req.Yes
Inspection req.No
CertificationsNone specified
DeliveryDelivery statesUttar Pradesh
ScopeSingle-state
Frequently asked questions
What is this GeM bid for?
Lic - Life Insurance Corporation Of India floated this GeM bid for "Procurement of 24 currency counting machines for LIC Gorakhpur Division" under Office & Electronics, procured as new supply.
What is the estimated value?
The estimated value is ₹5.64 L.
When does this bid close?
Bids close on 03 Jul 2026, 16:30.
Is it MSE / startup friendly?
MSE-friendly: Yes; Startup-friendly: Yes; New-seller-friendly: Yes.