№ files_lp_4_process_3_134281
Tender document outlining the conditions, submission procedure, and evaluation criteria for hiring commercial or residential premises by LIC of India, including technical and financial bid requirements and lease terms.
Year: 2026
Location: Vidhyaranyapura, Bengaluru, India
Subject: Premises Rental Agreement
Document Type: Tender / Terms and Conditions
Organization: Life Insurance Corporation of India
Department: OS/Estates, Divisional Office-1
Audience: Prospective lessors / property owners
Tender Submission Deadline: 03.02.2026, 11:00 pm
Technical Bid Opening Date: 03.02.2026, 3:00 pm
Lease Period: Minimum 10 years (5+5 lock-in)
Payment Terms: Account Payee Cheques or NEFT
Property Requirements: Good commercial/residential area, proper frontage, no water logging, proximity to public amenities
Preference: Government Bodies / Public Sector Undertakings / State Housing Boards
Evaluation Criteria: Location, accessibility, amenities, construction quality, layout efficiency, flood/water logging proneness, exclusivity
Price: 8 / 10 USD
The file will be delivered to the email address provided at checkout within 12 hours.

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