Active GEM

IndianOil BeGusaraI Bihar Tender 2026: IOC Procurement 41-Item Bid with 25% Option Clause and GST Terms

Q: What is the 25% quantity option in IOC tender BeGusaraI

The option clause allows increasing ordered quantity up to **25%** of bid quantity during contract placement and within the currency of the contract, with delivery time adjusted as per a defined formula and a minimum 30 days extension.

Bid Publish Date

17-Oct-2026, 4:20 pm

Bid End Date

02-Nov-2026, 3:00 pm

Location

BEGUSARAI , BIHAR

Corrigendum Updated WhatsApp Generate Docs

Progress

Issue17-Oct-2026, 4:20 pm

Corrigendum26-Oct-2026

AwardPending

Key Highlights

• Flexibility: option to increase quantity up to 25% during and after contract
• GST handling: bidder bears GST, IOC reimburses per actuals or lower rate of quoted GST
• ATC dependency: critical terms reside in Buyer Uploaded ATC document
• Location specificity: tender in BeGusaraI, Bihar 848201 under IOC procurement

Tender Overview

Organization: Indian Oil Corporation Limited (IOC) active in BeGusaraI, Bihar. Procurement involves a broad 41-item BOQ with unspecified product details, seeking suppliers for multiple categories under IOC’s procurement umbrella in 2026. Location: BeGusaraI, Bihar 848201. Estimated value and strict EMD are not disclosed. The tender emphasizes GST compliance and an option Clause allowing quantity fluctuation up to 25% during both initial contract and currency of contract, with delivery timing tied to the last delivery order date. The ATC document is referenced for bidder obligations. A notable differentiator is the flexible quantity mechanism and GST treatment guidance; bidders must align with the purchaser’s extended delivery framework while maintaining contract-rate consistency. Unique aspects include the option to adjust quantity, and the requirement to review the uploaded ATC for clauses not in the primary display.

Technical Specifications & Requirements

BOQ items total: 41 items; specific item descriptions are not disclosed in the data.
Delivery period mechanics: option to increase quantity up to 25%; extended delivery period computed as (increased quantity / original quantity) × original delivery period, with a minimum of 30 days.
GST: bidders must determine applicable GST; IOC reimburses GST per actuals or applicable rates, whichever is lower, up to the quoted GST percentage.
ATC document: bidders encouraged to view the Buyer Uploaded ATC for additional terms; no explicit standard codes listed in the provided data.
No explicit technical standards (e.g., IS/ISO) or material specifications are provided in the public data; bidders should consult the ATC and likely prepare generic compliance readiness for IOC procurement.

Terms, Conditions & Eligibility

Option Clause: quantity may be increased by up to 25% at contract stage and during the contract currency.
Financial standing: bidder must avoid liquidation, court receivership, or bankruptcy; an undertaking to this effect must accompany the bid.
GST liability: bidder responsible for applicable GST; IOC reimbursement capped to actuals or quoted rate.
ATC reference: view Buyer Uploaded ATC for additional conditions beyond the public data.
No explicit EMD or turnover thresholds stated in the accessible content; bidders should review the ATC and tender documents for exact figures.

Key Specifications

- BOQ items: 41 items listed; exact quantities not disclosed
- Quantity flexibility: up to 25% increase during/after contract
- Delivery period: extended period formula: (increased quantity ÷ original quantity) × original delivery period; minimum 30 days
- GST guidance: bidder bears GST; IOC reimburses at actuals or lower of quoted GST
- ATC reliance: primary terms reside in Buyer Uploaded ATC; check for additional standards or certifications
- Standards: no explicit standards (IS/ISO) listed in public data; rely on ATC for required compliances

Terms & Conditions

Quantity adjustment up to 25% during and after contract with specified delivery timing
GST responsibility with reimbursement cap tied to actuals/lowest applicable rate
Bid must include an undertaking on financial solvency and avoid liquidation

Important Clauses

Payment Terms

GST handling by bidder; reimbursement as actuals or lower rate; exact terms in ATC

Delivery Schedule

Delivery period linked to last delivery order date; extended period formula with minimum 30 days

Penalties/Liquidated Damages

Not specified in public data; check ATC for LD/penalty terms

Bidder Eligibility

Not in liquidation or similar proceedings; affidavit required
GST compliant bidder with valid registration
Experience or credentials as per ATC requirements

Tender Data

Bid Details

Quantity

Preference & Exemptions

EMD Required

MII Purchase Preference

MSE Purchase Preference

MSE Exemption/Relaxation

Startup Exemption/Relaxation

Bid Splitting Applied

Requirements

Arbitration Clause

Mediation Clause

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

Bid To RA Enabled

Item Category

10-1607151913 , 20-1607151923 , 30-1607153253 , 40- 1607211903 , 50-1607211923 , 60-1794319093 , 70- 1795201703 , 80-1795201713 , 90-1795210533 , 100- 1795211163 , 110-1795285553 , 120-1795421054 , 130- 1795421064 , 140-1795421923 , 150-1795421933 , 160- 1795421943 , 170-1795421953 , 180-1795421963 , 190- 1795421983 , 200-1795422003 , 210-1795423263 , 220- 1795423273 , 230-1795510683 , 240-1795510693 , 250- 1795511054 , 260-1795511064 , 270-1795511104 , 280- 1795511443 , 290-1795511453 , 300-1795511993 , 310- 1795512533 , 320-1795512763 , 330-1795513343 , 340- 1795513413 , 350-1795514503 , 360-1795516513 , 370- 1795517553 , 380-1795517563 , 390-1795519093 , 400- 1795575553 , 410-1795681973

Payment Timelines

Payments shall be made to the Seller within 10 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)

Delivery Details

Max Delivery Days

180

Delivery Locations

Delivery Cities

Begusarai

Delivery Pincodes

851114

Delivery Locations

Consignee	Address	City	State	Pincode	Quantity	Delivery Days	Additional Requirement
Alok Kumar	851114,Barauni Refinery, Begusarai-851114	Begusarai	Bihar	851114	2	180	-

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASINDIAN OIL CORPORATION LIMITED

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Documents 7

GeM-Bidding-10047772.pdf

Main Document

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

Authority & Contact

Organization

Indian Oil Corporation Limited

Department

INDIAN OIL CORPORATION LIMITED

Office Name

Ioc Barauni Refinery

Ministry

Ministry of Petroleum and Natural Gas

Grievance Contact

[email protected]

Corrigendum Updates

1 Update

Update

26-Oct-2026

Extended Deadline

02-Nov-2026, 9:30 am

Opening Date

03-Nov-2026, 9:30 am