IOCL Limited Security Equipment Tender 2025 India – Limited Bidder Approval, 25% Quantity Option Clause

Tender Overview

The opportunity relates to IOCL (Indian Oil Corporation Limited) for the procurement of security equipment under a limited tender framework in India. The project references an approved bidder list and an option clause allowing quantity adjustments up to 25%, with potential extensions at contracted rates. The delivery timeline is tied to the last delivery order date, with calculated extensions based on the quantity change. This tender emphasizes pre-approved bidders and a controlled selection process to ensure compliance and timely execution. Key differentiators include the explicit approval of named bidders and the quantity option mechanism. The absence of BOQ specifics and explicit product specs shifts focus to bidder eligibility, adherence to ATC terms, and delivery discipline.

Technical Specifications & Requirements

• Approved bidders for evaluation: A.S.MECHANICAL SYSTEMS PVT. LTD., ELECO ENGINEERING, EMRAD PROJECTS PRIVATE LIMITED, Laycock Engineers Pvt. Ltd, MS Engineering, Raghavendra Automation Private Limited, Simplex Systems.
• Quantity adjustment: up to 25% of bid quantity at contract placement; extended period allowances up to 25% during contract execution; additional time formula: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
• Delivery framework: initial delivery cadence linked to last date of original order; extended time computed per option clause; no fixed BOQ/work order volume is provided.
• ATC compliance: Bid evaluation relies on IOCL-approved bidders and accompanying ATC clauses; no technical performance metrics are listed in the data.
• Documentation: Pre-qualification and bidder conformity per IOCL terms; ATC upload referenced.
• Context: The tender emphasizes control through limited bidders and contractual flexibility around quantity and timing.

Terms, Conditions & Eligibility

• Eligible bidders: Only the named IoCL-approved entities may participate; bids from others will be rejected.
• Quantity option: Purchaser may modify order quantity by ±25%; same rates apply; delivery time extension rules defined.
• Delivery terms: Calculations begin from last delivery order date; minimum additional time 30 days.
• ATC: Compliance with embedded terms; at least one pre-approved bidder must submit; no other entities evaluated.
• Documentation: Submission should align with IOCL bid terms and ATC requirements; no explicit EMD value disclosed in the available data.
• Penalties: Not detailed in the provided information; refer to ATC for any LD provisions.