Indian Oil Corporation Limited PSV spares tender 2026 - Procurement of PSV spares Tender 2026

Tender Overview

Indian Oil Corporation Limited invites bids for the procurement of PSV spares with the tender scope described as open but no BOQ items listed and no explicit quantity in the available data. The location is not specified, and the estimated value and EMD amounts are not disclosed. A notable clause allows the Purchaser to adjust quantity by up to 25% during and after contract award, with corresponding delivery time adjustments. This indicates a flexible supply arrangement and potential for scope expansion. The ATC document is referenced but not visible in the provided data. Bidders should be prepared for variable order quantities and staggered delivery planning, leveraging the option clause to align with IOC requirements.

Keywords to guide bidders include PSV spares procurement, IOC bids, and supplier readiness for variable quantities under extended delivery timelines. The absence of technical specs or BOQ items suggests a need for bidders to rely on prior experience with similar PSV spare supply contracts and standard IOC procurement practices in the PSV category. The tender exists within the Indian government procurement ecosystem, offering a potential for future repeat orders depending on need and delivery performance.

Technical Specifications & Requirements

• Category: PSV spares
• Standards/Compliance: Not specified in provided data; bidders should anticipate IOC standard safety and quality expectations for PSV components.
• Quantities/Value: No explicit quantities or estimated value disclosed; contract may scale with up to 25% additional quantity during and after award.
• Delivery/Timeline: Delivery period linked to original delivery schedule; extended time formula applies: (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
• Documentation: ATC document uploaded by buyer; exact documents not visible.
• Experience/Capabilities: Not explicitly listed; bidders should align with IOC PSV spare supply experience and compliance considerations.

Terms, Conditions & Eligibility

• EMD/BD: Not disclosed in the available data; bidders should prepare standard EMD as per IOC practice and ATC terms.
• Option Clause: Upside quantity adjustment up to 25% during contract execution; delivery schedule adjusts accordingly.
• Delivery: Delivery period commence from last date of original delivery order; extended period follows the above formula.
• ATC/Documents: ATC document is uploaded by buyer but not viewable in the provided data; bidders must review and comply.
• Compliance: Bidders must adhere to generic tender terms and any additional IOC PSV procurement specifications once the ATC is viewed.