Hindustan Petroleum Corporation Ltd Third-Party Inspection Agency Tender Indore Madhya Pradesh 2026 ISQM/HPCL GST 65000

Tender Overview

Hindustan Petroleum Corporation Ltd (HPCL) invites bids in Indore, Madhya Pradesh for hiring a Third-Party Inspection Agency in the oil and gas domain. The procurement is organized as a lumpsum contract with GST included, requiring a single quoted price for the entire period. The estimated scope emphasizes inspection services rather than materials, and bidders must align with HPCL’s GTC and GeM GTC precedence. Key differentiators include the mandatory price break-up sheet and strict bid submission through HPCL formats. The bid process requires uploading specific organizational and GST-related documents, with the ultimate consignee details for invoicing. The contract may be adjusted within 25% under defined conditions, offering scope variation while protecting the purchaser and vendor interests.

Technical Specifications & Requirements

No technical specifications are detailed in the tender data. The absence of itemized BOQ items suggests the scope is inspection services rather than tangible goods. The terms emphasize a lumpsum, GST-inclusive quote and the necessity to upload a separate price-breakup sheet. EMD is ₹65,000. The procurement will follow HPCL GTC as the controlling framework with GeM GTC as a secondary reference. Vendors should prepare to demonstrate capability in oil and gas inspection practices, audit readiness, and conformity with HPCL’s standard ATCs and tender attachments.

Terms & Eligibility

Key conditions include a 25% scope/duration adjustment window, with contract increments/decrements permitted at issue and post-award. Bidders must submit: total lumpsum price including GST, a price-breakup sheet, and all required organizational documents. Payment and delivery terms align with HPCL’s typical purchasing framework, with termination rights for non-performance or delivery failure. Vendors must accept HPCL’s GST declarations, declaration of relatives, and delisting undertakings, along with standard bid security and qualification criteria.