Contract Bidding Open For Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Ins in BEGUSARAI, BIHAR
Progress
RAA tender has been published for Indian Oil Corporation Limited Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Insulation for pipelines; Service Provider in BEGUSARAI, BIHAR. Quantity: 1 by. Submission Deadline: 13-08-2026 16: 00: 00. Check eligibility and apply.
Reverse Auction Results Final Prices
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | SHREE THERMOCARE PRIVATE LIMITED Under PMA Winner | ₹9,90,50,000 | Item Categories : Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Ins |
| L2 | LLOYD INSULATIONS (INDIA) LIMITED Under PMA | ₹9,92,00,000 | Item Categories : Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Ins |
| L3 | BEARDSELL LIMITED Under PMA | ₹12,58,65,800 | Item Categories : Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Ins |
🎉 L1 Winner
SHREE THERMOCARE PRIVATE LIMITED Under PMA
Final Price: ₹9,90,50,000
Contract / Result Documents 1
Please sign in or create an account to view contract details and download result documents.
Reverse Auction Schedule
Start
01-Sep-2026, 12:00 pm
End
02-Sep-2026, 12:00 pm
Duration: 24 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Tech Clarification Time
7 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Repair, Maintenance, and Installation of Plant/ Systems/Equipments (Version 2) - Industry Unit; Insulation for pipelines; Service Provider
Advisory Bank
State Bank of India
ePBG Percentage
5%
ePBG Duration (Months)
24
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Begusarai
Delivery Pincodes
851114
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Sanjeev Giri | 851114,Indian Oil Corporation Ltd Barauni Refinery, Begusarai-851114 | Begusarai | Bihar | 851114 | Project / Lumpsum Based | - | Estimated Cost of Spare/Consumable s/Items on Reimbursement basis in Rs (please input 0 if not applicable) : 0 |
Authority Records
BID & GeM Expert Consultancy
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Documents 8
GeM-Bidding-9685022.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
9
Required Documents
Experience Criteria
Bidder Turnover
Certificate (Requested in ATC)
Additional Doc 1 (Requested in ATC)
Additional Doc 2 (Requested in ATC) *In case any bidder is seeking exemption from Experience / Turnover Criteria
the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer