Indian Oil Corporation Limited Marketing Division O&M Of Electrical Systems Tender Korba Chhattisgarh 2026 - 25% ATC and MSE Bid Security 2026

Bidders must submit an EMD of ₹20,000 or provide a Bid Security Declaration if eligible for EMD exemption (per Annexure-K). Ensure your organization has GST and PAN, and supply evidence of O&M experience. The contract allows a 25% variation in quantity or duration; align your bid with flexible scope.

Required documents include GST registration, PAN, experience certificates in electrical O&M, financial statements, EMD or Bid Security Declaration, technical bid detailing capability, and OEM authorizations if applicable. Ensure submission aligns with ATC guidance and the absence of BOQ items is noted.

EMD is ₹20,000. Bidders not claiming exemption must submit the EMD; those eligible for MSE exemptions can provide a Bid Security Declaration per Annexure-K. Offers without EMD or declaration may be rejected per tender ATC terms.

The contract quantity or duration can be increased or decreased by up to 25% at the time of issue and after contract issuance. Bidders must accept revised quantity/duration if invoked, ensuring flexibility in scope.

The tender has an estimated value of ₹7,869,664. This figure indicates the scale of maintenance for complete electrical systems at the IOC site in Korba, guiding bidders to prepare adequate resources and pricing strategies.

No BOQ items are listed; the tender scope covers O&M of complete electrical installations. Bidders should interpret the contract as service-based rather than goods-based with potential scope adjustments under the 25% variation clause.

MSEs, Start-ups, CPSEs, and JVs can seek EMD exemption by submitting a Bid Security Declaration per Annexure-K. Ensure you meet eligibility criteria and attach the declaration to avoid rejection due to missing EMD.

Current data lists no technical specs or standards. Bidders should reference the uploaded ATC and contract documents for any required electrical maintenance standards or compliance, and prepare to demonstrate capability in O&M across complete electrical systems.