IOCL Bongaigaon Refinery Heat Exchanger Re-tubing Services Tender 2026 Assam - PQC Turnover & EMD 40k

Tender Overview

The Indian Oil Corporation Limited (IOCL) Bongaigaon Refinery in Assam invites bids for ARC services relating to the re-tubing of a heat exchanger at BN26ML010. Estimated contract value is ₹15,806,209.23 with an EMD of ₹40,000. The project requires bidders to demonstrate strong financial and project experience, including a minimum annual turnover of ₹31.62 lakhs over any of the three preceding financial years and three similar completed works worth at least ₹15.81 lakhs each, or two similar works worth at least ₹21.08 lakhs each, or one similar work worth at least ₹26.35 lakhs. Location: Bongaigaon, Assam. This BOQ indicates zero BOQ items, so scope centers on engineering, fabrication, and re-tubing expertise rather than standard commodity supply. The bidder must show prior petroleum refinery experience and provide completion certificates and client references. The tender emphasizes audited turnover with UDIN and eligible experience as core criteria. Unique aspects include specified past project thresholds and the requirement for audited financials where applicable, with a 5% ePBG/SD mandate.

Technical Specifications & Requirements

• Service category: ARC for re-tubing of a heat exchanger at IOCL Bongaigaon Refinery BN26ML010
• Estimated contract value: ₹15,806,209.23; EMD: ₹40,000
• PQC turnover requirement: ₹31.62 lacs annual turnover over any of three preceding financial years; UDIN must appear on audited reports
• Past project experience: 3 similar works each ≥ ₹15.81 lacs OR 2 works ≥ ₹21.08 lacs OR 1 work ≥ ₹26.35 lacs; completion certificates and client reference numbers required
• Documentation benchmark: audited financial results or CA certificate with IT return if statutory audit not required
• Performance security: 5% of contract value (ePBG/SD)
• Notable constraints: No BOQ items listed; scope relies on discipline-specific re-tubing expertise and refinery-grade workmanship

Terms, Conditions & Eligibility

• EMD: ₹40,000 to be submitted as security deposit
• Turnover compliance: minimum ₹31.62 lacs annual turnover, audited statements with UDIN
• Experience proof: three similar projects or two or one with corresponding values; provide completion certificates and W.O. numbers
• Delivery/Execution: terms not specified; bidder to adhere to IOCL procurement timelines
• Payment terms: not specified in data; likely as per IOCL standard procurement practices
• Warranty/Support: not specified; bidder should align with refinery maintenance norms and provide post-installation support terms
• ePBG/SD: 5% of contract value; submission per GeM Bid Document
• Submission documents: GST, PAN, experience certificates, financial statements, WOs, completion certificates, UDIN-compliant turnover reports