Indian Oil Corporation Limited Yaskawa VFD Spare Parts Tender India 2026

Tender Overview

Organization: Indian Oil Corporation Limited. Product/Service: Yaskawa make variable frequency drive (VFD) critical spares and drives. Scope: Supply of goods only; bid includes option to increase quantity up to 25% during contract, with delivery period adjustments. Location: India. Estimated Value: not disclosed; EMD not specified. Unique aspect: GeM-based submission with vendor-code creation and GST invoice alignment. Tender requires compliance with invoicing and payment documentation; no BOQ items are listed. This procurement emphasizes reliable supply of VFD spares to ensure uninterrupted operations across IOCL sites.

Technical Specifications & Requirements

• Scope of Supply: Bid price inclusive of all cost components; only supply of goods (no services).
• Delivery & Quantity Flexibility: Option to increase quantity up to 25% of bid quantity at contracted rates; delivery period adjustments based on the formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.
• Invoicing & GST: Invoice in the name of consignee with consignee GSTIN; upload GST invoice and GST portal payment screenshot in GeM.
• Vendor Documentation: PAN, GSTIN, Cancelled Cheque, EFT mandate certified by bank required during vendor-code creation.
• ATC/ATC Document: At least one uploaded ATC document by buyer.
• BOQ: No BOQ items specified in the tender.
• Location/Platform: GeM portal-based bidding; ensure vendor-code creation and GST-compliant invoicing.

Terms, Conditions & Eligibility

• EMD: Not disclosed in data provided.
• Delivery Timeline: Delivery period as per original delivery order; extended periods follow option clause with calculated time, minimum 30 days.
• Payment Terms: Invoices must reflect GST and be in consignee name; GeM GST-invoice upload and payment screenshot required.
• Documentation: Submit PAN, GSTIN, Cancelled Cheque, EFT Mandate; OEM authorizations if required; GSTIN reconciliation with consignee.
• Scope Clause: Only supply of goods; no installation or services mentioned.
• Variant Clauses: Purchaser reserves right to modify quantity up to 25% during contract; terms binding on bidders.