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Hindustan Petroleum Corporation Ltd T4S Audit Services Tender 2026 - HPCL Procurement in India

Bid Publish Date

24-Jan-2026, 12:11 pm

Bid End Date

03-Feb-2026, 1:00 pm

Progress

Issue24-Jan-2026, 12:11 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 3

Tender Overview

Hindustan Petroleum Corporation Ltd invites bids for T4S Audit services under the GEM portal, with an ATC document uploaded and access to the bid terms. The tender is categorized as Custom Bid for Services. The Buyer allows quantity or duration adjustments up to 25% at contract issuance and increases thereafter, requiring bidders to accept revised scope. With no BOQ items listed, the procurement focuses on service compliance, audit expertise, and adherence to HPCL’s internal standards. The opportunity is positioned as a targeted service contract for internal controls and fourth-tier scrutiny, emphasizing governance, risk, and audit methodologies. The absence of a listed BOQ suggests a flexible scope aligned to HPCL’s audit needs and ATC guidelines.

Technical Specifications & Requirements

  • Category: Custom Bid for Services - T4S Audit
  • Organization: Hindustan Petroleum Corporation Ltd (HPCL)
  • ATC: Buyer uploaded ATC document (not included in data here)
  • Quantity/Value: Not specified; no BOQ items published
  • Delivery/Service Location: Not specified in data; refer to ATC for location scope
  • Key Focus Areas: Audit services, internal controls evaluation, governance, risk management, and compliance
  • Standards/Compliance: Specific standards not listed; bidders must review ATC for exact criteria and methodologies
  • Tender Type: GEM portal submission; quantity/duration flexibility up to 25% at contract issue
  • Timeline: Start/end dates not provided in data; confirm via ATC and portal

Terms, Conditions & Eligibility

  • EMD/Bid Security: Not specified in data; check ATC for required security
  • Option Clause: Contract quantity or duration may be revised by up to 25% at issuance and post-issuance
  • Documents: Refer to ATC for mandatory submissions; standard bidders typically include organization credentials, prior audit experience, and financials
  • Delivery Terms: Not defined in data; align with HPCL ATC guidance
  • Payment Terms: Not specified; verify in ATC and GEM portal
  • Warranty/Support: Not specified in data; confirm scope in ATC
  • Eligibility Criteria: Not explicitly listed; consult ATC for minimum experience and certifications

Key Specifications

    • Service: T4S Audit (Custom Bid for Services - T4S Audit)
    • Organization: Hindustan Petroleum Corporation Ltd (HPCL)
    • BOQ Items: 0 items published
    • EMD/Value: Not disclosed in data; refer ATC
    • Standards/Compliance: Not specified in data; review ATC for exact standards
    • Delivery/Timeframe: Not specified; confirm via ATC
    • Qualification: Audit services experience; submit prior engagement details

Terms & Conditions

  • Key Term 1: 25% quantity/duration adjustment permitted at contract issuance

  • Key Term 2: Post-issuance quantity/duration can also adjust up to 25%

  • Key Term 3: ATC document governs all technical and submission requirements

Important Clauses

Payment Terms

Payment terms to be defined in ATC; bidders should expect standard RPC terms after milestone acceptance

Delivery Schedule

Delivery milestones to be detailed in ATC; ensure alignment with HPCL audit timelines

Penalties/Liquidated Damages

LD provisions to be specified in ATC; bidders must review for performance-based penalties

Bidder Eligibility

  • Proven experience in providing T4S/Audit services to large enterprises

  • Financial stability evidenced by turnover and recent financial statements

  • Compliance with statutory GST/PAN requirements and audit standards

  • Ability to meet ATC-defined methodologies and deliverables

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Custom Bid for Services - T4S Audit

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASHINDUSTAN PETROLEUM CORPORATION LTD
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Documents 11

GeM-Bidding-8881673.pdf

Main Document

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Other Documents

OTHER

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

GST registration certificate

2

PAN card

3

Experience certificates in T4S/Audit services

4

Financial statements / turnover proof

5

EMD/Security deposit (as per ATC)

6

Technical bid documents / methodologies for T4S Audit

7

OEM authorizations (if applicable to audit tools)

8

Audit methodology and QA procedures

9

Any IS/ISO certifications relevant to auditing

10

ATC-specific documents uploaded by buyer

Frequently Asked Questions

Key insights about KERALA tender market

How to bid for HPCL T4S Audit tender in GEM portal 2026

Bidders must register on GEM, download the ATC, and prepare the technical bid detailing audit methodologies, past T4S engagements, and QA processes. Submit financials, GST, PAN, and experience certificates, along with any EMD as specified in ATC. Ensure compliance with 25% quantity/duration adjustment constraints.

What documents are required for HPCL audit tender submission 2026

Prepare GST certificate, PAN card, experience certificates for T4S/audit services, latest financial statements, EMD/Security as per ATC, technical bid with audit methodologies, and any OEM authorizations or tools certifications referenced in the ATC documentation.

What are the technical specifications for HPCL T4S Audit tender 2026

Technical specs center on T4S Audit service delivery, governance and risk management practices, audit framework alignment with HPCL policies, and QA procedures. Exact standards and methodologies are detailed in the uploaded ATC document; reviewers seek demonstrable audit performance metrics and control assessment capabilities.

When is the bid submission deadline for HPCL GEM tender 2026

Deadline details are provided in the ATC and GEM portal; bidders should monitor the portal for final submission cut-off, ensuring all required documents are uploaded before the deadline and that the 25% quantity/duration adjustment option is acknowledged in the contract terms.

What are the EMD requirements for HPCL T4S Audit service bid 2026

EMD details are specified in the ATC; bidders must provide the declared security amount via the prescribed mode (DD/online) and ensure validity through the bid timeline. The exact amount is not in public data and must be verified in the ATC.

How to verify eligibility criteria for HPCL audit tender 2026

Review ATC for minimum audit experience, prior T4S engagements with large firms, turnover thresholds, and compliance with GST/PAN. Prepare documented evidence of past audits, client references, and capability statements to demonstrate alignment with HPCL expectations.

What is the scope of 25% quantity/duration adjustment in HPCL tender

The buyer may increase or decrease contract quantity or duration up to 25% at contract issuance, and subsequently only up to 25% more; bidders must indicate willingness to accept revised scope and adjust resources accordingly as per the contract terms.

Where can I access the ATC for HPCL T4S Audit tender 2026

ATC is uploaded by the buyer in the GEM portal and linked to the HPCL T4S Audit Tender entry. Access it through your supplier dashboard to review mandatory technical criteria, submission rules, and any special clauses before bidding.

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