GEM

Indian Oil Corporation Limited Marketing Division Repair Maintenance Installation IOC Kanchipuram Tamil Nadu 550016 25% Variation 2025

Bid Publish Date

03-Dec-2025, 5:41 pm

Bid End Date

17-Dec-2025, 6:00 pm

Value

₹33,92,740

Location

KANCHIPURAM , TAMIL NADU

Progress

Issue03-Dec-2025, 5:41 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Clear 25% quantity/duration variation entitlement
  • • Excess settlement provision enabling addons with documentation
  • • Est. contract value ₹3,392,740 for repair/maintenance/installation
  • • Location-specific IOC procurement in Kanchipuram, Tamil Nadu
  • • No BOQ items; service-oriented scope likely requiring broad capability
  • • Buyer added terms govern acceptance of revised contract parameters
  • • No explicit EMD amount disclosed in tender data

Categories 1

WATER LEVEL RECORDER

Tender Overview

Indian Oil Corporation Limited (Marketing Division) invites bids for Repair, Maintenance, and Installation of Plant/Systems/Equipment and Vehicles in KANCHIPURAM, Tamil Nadu 600016. Estimated value: ₹3,392,740. Tender scope shows no BOQ items listed, indicating a broad services framework rather than discrete line items. The procurement context emphasizes IOC’s internal maintenance and installation needs within the organization’s operations. A unique differentiator is the enabled option clause allowing a 25% increase or decrease in contract quantity or duration at contract issuance or afterward, with bidders bound to accept revisions. An excess settlement provision also enables invoicing for additional charges up to a defined percentage, subject to supporting documents. This tender relies on Buyer Added Terms that shape bid flexibility and pricing adaptations.

Technical Specifications & Requirements

  • No explicit technical specifications or product-level details are provided in the available data.
  • The BOQ contains 0 total items, suggesting a service-orientation rather than equipment-specific buy.
  • Key contractual levers include 25% variation in quantity/duration and excess settlement allowances for addons, with mandatory documentation at invoice for any extra charges.
  • Estimated value communicated as ₹3,392,740; location and category indicate focus on repair/maintenance/installation across plant systems and vehicles.
  • Bidder must align with IOC procurement norms, interpreting the lack of itemized specs as a requirement to propose comprehensive service capabilities and installation competencies.

Terms, Conditions & Eligibility

  • EMD amount not specified in the data provided; bidders should verify amount and mode of payment during bid submission.
  • Option Clause permits +/- 25% adjustments in contract quantity or duration.
  • Excess Settlement allows adding charges up to a defined percentage of item-level total with proper supporting documents.
  • No delivery schedule, payment terms, or warranty details available in the current data; bidders should seek clarification on timelines, penalties, and AMC terms during inquiry.
  • Bidder must comply with IOC’s Buyer Added Terms and prepare standard company registrations and financials for participation.

Key Specifications

  • Product/Service: Repair, Maintenance, and Installation of Plant/Systems/Equipment and Vehicles

  • Estimated value: ₹3,392,740

  • BOQ: 0 items (no discrete line items provided)

  • Standards/Certifications: Not specified in data; bidders should reference internal IOC standards and any applicable IS/ISO where relevant

  • Delivery/Installation: Not specified; bidders to propose implementation timelines within IOC inquiry process

  • Experience: Not explicitly defined; leverage broad repair/maintenance track record

Terms & Conditions

  • 25% variation in contract quantity or duration allowed

  • Excess settlement option with addon charges and supporting documents

  • EMD amount and payment terms not disclosed; clarify during bid

Important Clauses

Option Clause

Contract quantity or duration can be adjusted by ±25% at contract issue and thereafter; bidders must accept revisions.

Excess Settlement

Service providers may include additional charges up to a defined percentage of the item-level total; mandatory documentation required during invoice.

Bidder Eligibility

  • Proven experience in repair/maintenance/installation of plant systems and vehicles

  • Financial capability to support a ₹3.39 million contract and related addons

  • Compliance with IOC procurement processes and GST/PAN requirements

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates demonstrating relevant repair/maintenance/installation work

4

Financial statements (audited or bank-certified)

5

EMD/Security deposit proof (if applicable per IOC inquiry)

6

Technical bid documents outlining service capabilities

7

OEM authorizations or service certifications (if applicable)

Frequently Asked Questions

Key insights about TAMIL NADU tender market

How to bid for IOC repair maintenance tender in kanchipuram 2025

To participate in the IOC procurement in kanchipuram, ensure you meet eligibility criteria, submit GST and PAN, provide financial statements, and attach your repair/maintenance experience. Review the option clause allowing ±25% variation and the excess settlement invoice rule. Prepare a service capability proposal aligned with plant systems and vehicles.

What documents are required for IOC kanchipuram maintenance tender

Required documents include GST registration, PAN, audited financials, experience certificates for similar work, and technical bid outlining service capabilities. OEM authorizations and security deposits may be requested. Ensure submission accompanies any EMD proof if specified during inquiry.

What are the qualification criteria for IOC Tamil Nadu repair work

Qualification relies on demonstrated repair/maintenance experience, financial stability, and adherence to IOC procurement norms. While explicit years are not listed, bidders should showcase relevant project experience, capacity to handle ₹3.39 million scope, and compliance with required registrations.

When is the bid submission window for IOC kanchipuram tender

Specific start and end dates are not provided in the data. Bidders should monitor IOC/Tenders portal for kickoff announcements and submit before the announced deadline, ensuring all mandatory documents and bid security (EMD) are in place.

What is the meaning of excess settlement in IOC tender

Excess settlement allows addons to be invoiced up to a defined percentage of the item-level total, provided mandatory supporting documents are included. The total invoice amount cannot exceed the specified excess settlement percentage.

What standards or certifications are required for IOC Tamil Nadu bids

The tender data does not specify particular standards. Bidders should prepare to meet internal IOC procurement standards, and include any relevant industry certifications (e.g., OEM authorizations, service certifications) as part of the technical bid.

What is the estimated contract value for IOC kanchipuram repair work

The estimated value is ₹3,392,740 for the repair, maintenance, and installation services in KANCHIPURAM, Tamil Nadu. Bid submissions should reflect pricing that aligns with this value, including any addons under the excess settlement provision.

What delivery terms apply to IOC kanchipuram procurement

Delivery terms are not specified in the data. Bidders should seek clarification on installation timelines, service start dates, and any on-site delivery or commissioning requirements during the bid clarification stage.