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Indian Oil Corporation Limited Procurement Tender 2026 - Multi-item IOC Items with 25% Quantity Option Clause

Bid Publish Date

04-Feb-2026, 2:15 pm

Bid End Date

18-Feb-2026, 3:00 pm

Progress

Issue04-Feb-2026, 2:15 pm
AwardPending
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Quantity

11102

Category

Item10-6810450083

Bid Type

Two Packet Bid

Key Highlights

  • Rigid option clause permitting +/-25% quantity variation at contract rates
  • Delivery extensions triggered by option exercise with minimum 30 days
  • ATC document uploaded by buyer; mandatory review and compliance
  • BOQ lists 12 items but provides no explicit quantities or values
  • No product-specific specifications disclosed in tender data
  • Bidder must align with delivery start from the last date of original order
  • Terms emphasize compliance with buyer-specified delivery and quantity adjustments

Tender Overview

Indian Oil Corporation Limited invites bids for a multi-item procurement covering 12 items under varied IOC item codes. The BOQ lists 12 items but provides no explicit quantities or value, creating a flexible scope. The tender includes an option clause allowing +/-25% quantity changes at contracted rates, with delivery timelines extending from the last date of the original delivery order. An ATC document has been uploaded for bidders to review. Location is unspecified, but the opportunity remains open to suppliers across India seeking IOC procurement opportunities.

Technical Specifications & Requirements

  • BOQ Items: 12 items, with N/A quantities and units explicitly shown in the data.
  • Specifications: No technical specifications provided in the tender data.
  • ATC: Buyer uploaded ATC document; bidders must view and comply.
  • Option Clause: Quantity may be increased/decreased by up to 25% of bid quantity at the time of contract; extended during currency at contracted rates.
  • Delivery Calculation: If options are exercised, additional time equals (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
  • Delivery Start: From the last date of the original delivery order; delivery period adjustments follow the extended period rules.
  • BOQ Context: No item-level specifications or warranties disclosed in the provided data.

Terms, Conditions & Eligibility

  • Delivery Terms: Extended delivery time calculations apply when options are exercised; minimum 30 days.
  • Quantity Variation: Up to 25% variation allowed; contract rates remain fixed.
  • ATC Compliance: Bidder must review and comply with the uploaded ATC document.
  • Documentation: Terms reference standard bidder compliance; GST/PAN and related regulatory filings are typically required per T&C but not listed explicitly here.
  • Bidder Compliance: Bidders must adhere to the option clause and delivery rules as described by the buyer’s T&C; non-compliance may affect eligibility for award.

Key Specifications

  • 12 BOQ items with N/A quantities

  • Delivery terms: last date of original delivery order as reference

  • Quantity variation: +/-25% at contracted rates

  • Delivery extension: (Increased quantity ÷ Original quantity) × Original delivery period, min 30 days

  • ATC document is mandatory for bidding

Terms & Conditions

  • Option Clause enables 25% quantity variation at contract rates

  • Delivery timeline adjusts based on extended quantity with minimum 30 days

  • ATC document uploaded and must be complied with by bidders

Important Clauses

Delivery Terms

Delivery period starts from last date of original delivery order; extended delivery time calculated when options are exercised.

Quantity Variation

Up to 25% increase or decrease in bid quantity at contracted rates during contract execution.

ATC Compliance

Bidders must review and adhere to the Buyer Uploaded ATC document.

Bidder Eligibility

  • Registered suppliers with valid GST and PAN

  • Experience in similar multi-item procurement (12-item scope)

  • Capability to meet quantity variation and delivery extension terms

Documents 8

GeM-Bidding-8929813.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Bill of Quantities (BOQ) 12 Items

Item # Title Description Quantity Unit Consignee Delivery (Days)
1 Item10-6810450083 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 15 to [email protected] 42
2 Item20-6845100114 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 70 to [email protected] 42
3 Item30-6810200014 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 4,000 kg [email protected] 42
4 Item40-6810400184 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 4,000 kg [email protected] 42
5 Item50-6845101304 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 6 to [email protected] 42
6 Item60-6845750774 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 2 to [email protected] 42
7 Item70-6845750764 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 2 to [email protected] 42
8 Item80-6820300054 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 5 to [email protected] 42
9 Item90-6810250204 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 2 to [email protected] 42
10 Item100-6850020394 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 1,000 ea [email protected] 42
11 Item110-6850022214 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 500 ea [email protected] 42
12 Item120-6850030174 Refer ITEM TEXT of Enquiry Cum Offer for Technical Specification and Scope 1,500 ea [email protected] 42

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar multi-item procurements

4

Financial statements for last 2-3 years

5

EMD/Security deposit as per buyer terms (exact amount not specified here)

6

Technical bid documents and any OEM authorizations

7

ATC acknowledgment or compliance confirmation from the uploaded ATC document

Frequently Asked Questions

Key insights about GUJARAT tender market

How to bid in IOC procurement 2026 for 12 items in India?

Bidders should review the ATC document uploaded by Indian Oil Corporation Limited, ensure GST and PAN validity, prepare financials and experience certificates for similar multi-item procurements, and submit a bid that accommodates the 25% quantity variation at contracted rates. Ensure delivery terms align with the last date of the original order.

What documents are required to participate in IOC multi-item tender 2026?

Required documents typically include GST registration, PAN, experience certificates for similar contracts, financial statements, EMD/Security deposit, technical bid documents, OEM authorizations, and ATC acknowledgment. Exact EMD amount is not stated here; bidders should verify the ATC for precise submission terms.

When is delivery expected if IOC exercises quantity variation?

Delivery timelines extend according to the formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a guaranteed minimum of 30 days. The schedule starts from the last date of the original delivery order and adapts with any quantity adjustment.

What is the purpose of the 25% quantity option clause in IOC tender?

The option clause allows IOC to increase or decrease the bid quantity by up to 25% at contracted rates during contract execution, enabling flexibility to meet demand fluctuations while preserving price stability for the awarded supplier.

Are there any item-specific specifications for IOC 12-item procurement?

The tender data provides no explicit technical specifications for the 12 items. Bidders must consult the uploaded ATC document and IOC procurement terms to infer qualification criteria and align offerings with anticipated category requirements.

What standards or certifications are required for IOC tender participation?

The provided data does not list exact standards. Bidders should rely on the ATC document and standard government procurement practices, ensuring GST/PAN compliance, financial solvency, and prior experience in similar multi-item procurements.

How to verify eligibility for IOC procurement 25% variation opportunity?

Eligibility hinges on meeting the bidder’s ability to handle quantity fluctuations, demonstrate relevant experience in multi-item tenders, provide financial statements, and comply with ATC-driven terms. Ensure readiness to adjust delivery timelines per the calculation formula.

What is the role of the ATC document in IOC tender 2026?

The ATC document defines bidder-specific terms, compliance checks, and any special conditions. Bidders must acknowledge and conform to ATC requirements to qualify for evaluation, including documentation and submission formats.

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