GEM

Indian Oil Corporation Limited procurement Tender for Security Equipment/Services in India 2026

Bid Publish Date

27-May-2026, 9:39 am

Bid End Date

08-Jun-2026, 3:00 pm

Location

BEGUSARAI , BIHAR

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Progress

Issue27-May-2026, 9:39 am

AwardPending

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Quantity

Key Highlights

• Bid quantity flexibility: 25% up/down during and after contract
• GST handling governed by actuals vs quoted rate, bidder bears responsibility
• Financial solvency: no liquidation or receivership; must upload undertaking
• Delivery schedule tied to original delivery order with computed extensions
• No explicit product specs; clarify via ATC and purchaser documents

Tender Overview

Indian Oil Corporation Limited invites bids for an undisclosed product category with 43 BOQ items, no specific specifications listed, and an open quantity clause. The tender includes an option clause allowing up to 25% quantity variation during and after contract; delivery timelines extendable with a minimum 30 days. Bidders must ensure financial solvency and compliant GST handling per terms. The lack of explicit scope requires bidders to prepare adaptable proposals and verify local GST applicability. This procurement emphasizes compliance, flexibility in quantity, and vendor financial stability as key differentiators.

Technical Specifications & Requirements

No explicit specifications published
BOQ comprises 43 items, all entries marked N/A
Delivery period framework tied to original delivery order with option-based extensions
GST handling: bidders to manage GST independently; reimbursement per actuals up to quoted rate
Bidder must upload undertaking to avoid liquidation or insolvency
No ISI/ISO/IS standards specified; no EPC/installation scope detailed
Emphasizes bidder readiness for flexible quantity adjustments and near-term capability to deliver across multiple items when scope becomes clear
Items to be clarified via ATC and purchaser’s uploaded documents prior to award
The absence of concrete product names calls for robust pre-bid clarifications and risk-adjusted pricing

Terms, Conditions & Eligibility

Option Clause: up to 25% quantity increase/decrease; extended delivery period calculated as (additional quantity/original quantity) × original delivery period, min 30 days
GST: bidders to determine applicability; reimbursement limited to actuals or quoted rate, whichever lower
Financial Standing: bidder must not be in liquidation or court receivership; submit undertaking
Delivery: timeline governed by last delivery order date; terms allow extended delivery per option
Documentation: ensure GST, PAN, financial statements, and undertaking submitted; OEM authorizations may be required
Notably absent: specific product names, delivery locations, or item-level standards; require bidder inquiries for clarity

Key Specifications

Product/service names: not specified
Quantity/scale: 43 BOQ items, exact quantities N/A
EMD/Estimated value: not provided
Experience requirements: not explicitly stated; verification via undertaking
Standards/certifications: not specified

Terms & Conditions

Option Clause allows +/- 25% quantity with extended delivery time
GST to be managed by bidder; reimbursement capped to actuals/quoted rate
Bidder financial health must be verified; no liquidation/receivership

Important Clauses

Payment Terms

GST handling with reimbursement limits; actuals or lower quoted rate

Delivery Schedule

Delivery period based on last delivery order; option-based extension with minimum 30 days

Penalties/Liquidated Damages

Not specified in available data; bidder inquiries required

Bidder Eligibility

Not under liquidation or court receivership
Undertaking to confirm financial solvency
GST registration and applicable tax compliance

Additional Tender Data

Commercial Details

Tender Category

Goods

Bid To RA

Bid To RA Enabled

Item Category

10-1783231083 , 20-1783232023 , 30-1783234033 , 40- 1783320053 , 50-1783321603 , 60-1783350773 , 70- 1783550763 , 80-1783551613 , 90-1783930081 , 100- 1783936751 , 110-1783939341 , 120-1798480263 , 130- 1798481063 , 140-1798481073 , 150-1798481103 , 160- 1798481113 , 170-1798481463 , 180-1798482553 , 190- 1798482603 , 200-1798482753 , 210-1798483053 , 220- 1798483263 , 230-1798484003 , 240-1798485043 , 250- 1798488103 , 260-1798489603 , 270-1798489643 , 280- 1798489833 , 290-1798489843 , 300-1899877303 , 310- 1899890063 , 320-1899890073 , 330-1899896023 , 340- 1899896033 , 350-1941104503 , 360-2042140503 , 370- 2042141603 , 380-2042143453 , 390-2042280053 , 400- 2042700053 , 410-1784049168 , 420-1785540523 , 430- 1783640258

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASINDIAN OIL CORPORATION LIMITED

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Documents 7

GeM-Bidding-9374566.pdf

Main Document

BOQ Document

BOQ

BOQ Document

BOQ

Buyer uploaded ATC document

ATC