Lic/co/it/dt/2025/rfp/dive/01
| Tender Title | Lic/co/it/dt/2025/rfp/dive/01 | ||
| Tender ID | 2025_LIC_819289_1 | Tender Reference Number | LIC/CO/IT/DT/2025/RFP/DIVE/01 |
| Tender Type | Open Tender | ||
| Tender Opening Date | 2025-11-18 08:30 AM | Tender Closing Date | 2025-12-23 10:00 AM |
| Tender Value | Refer Document | Tender Location | Mumbai , Mumbai Subueban , Maharashtra |
| Tender Category | Services | Product Category | Finance And Insurance Sectors Tenders, Software and IT Solutions Tenders, Consultancy Services Tenders |
| ePublished Date | 2025-11-18 08:30 AM | Bid Opening Date | 2025-12-23 10:30 AM |
| Document Download Start Date | 2025-11-18 08:30 AM | Document Download End Date | 2025-12-23 10:00 AM |
| Bid Submission Start Date | 2025-11-18 08:30 AM | Bid Submission End Date | 2025-12-23 10:00 AM |
| Clarification start Date | 2025-11-18 08:30 AM | Clarification End Date | 2025-11-27 12:00 PM |
| Bid Validity Period (in Days) | 180 |
| Tender Fee | Refer document |
| EMD (Earnest Money Deposit) | ₹ 2,00,00,000 |
| EMD Fee Type | Fixed |
| Payment Instruments/Mode | Offline |
Work Description - Invitation For Request For Proposal For
 Development Of Nextgen New Business
 Platform For Life Insurance Corporation
 Of India
Life Insurance Corporation of India (LIC), a Central Government Ministry/Department, invites proposals for the development of a NextGen New Business Platform. This open tender, referenced as LIC/CO/IT/DT/2025/RFP/DIVE/01, seeks qualified service providers to enhance LIC's business capabilities. The Executive Director of LIC is the Tender Inviting Authority. Key dates include the ePublished Date and Document Download Start Date on November 18, 2025, with the Document Download End Date and Bid Submission End Date on December 23, 2025, at 03:30 PM. The Bid Opening Date is scheduled for December 23, 2025, at 04:00 PM. A pre-bid meeting will be held on November 25, 2025, at 11:00 AM in Mumbai; refer to the tender document for the specific address. This is a two-cover system, comprising a technical bid and a commercial bid. Note that the Earnest Money Deposit (EMD) is fixed at ₹2,00,00,000, payable to LIFE INSURANCE CORPORATION OF INDIA at MUMBAI. The validity period for the bid is 180 days, and the Period of Work is 7 days. Prospective bidders should download the tender documents from the designated portal and ensure timely submission as per the specified guidelines.

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| Office Inviting Bids | Executive Director |
| Address | Life Insurance Corporation Of India,
 Central Office, Information Technology/digital Transformation,
 Ground Floor, Jeevan Seva,
 S.v. Road, Santa Cruz W, Mumbai 400054 |
| Contact Details | NA |
| NA | |
| Website | NA |
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