ICAR NIHSAD Furnace Oil Transportation Tender Bhopal Madhya Pradesh Heavy Tanker Truck 2 Years 5% Performance Security 2026

Tender Overview

The Indian Council Of Agricultural Research (ICAR) Institute of Agricultural Research and Education conducts a furnace oil transportation tender at NIHSAD, Bhopal, Madhya Pradesh. The procurement targets a dedicated furnace oil transport by heavy tanker truck capability with an estimated contract value around ₹6,00,000. Key differentiators include a two-year contract term with a possible one-year extension, and a 5% performance security. The transporter must commence within 48 hours of indent and ensure delivery within 24 hours of depot filling, under strict risk and documentation controls.

Technical Specifications & Requirements

• Product/Service: Furnace oil transportation by tanker capable of handling hazardous/oil shipments
• Delivery window: Tanker arrangement within 48 hours of indent; furnace oil delivery to NIHSAD, Bhopal within 24 hours after depot fill
• Contract duration: 2 years, with mutual option to extend for 1 more year; rates fixed for the initial term
• Performance security: 5% of contract value as DD/FDR payable to ICAR NIHSAD, due within 2 weeks of acceptance
• Liability & scope: Transporter responsible for quantity, condition, and documentation; NIHSAD not liable for transport mishaps; calibration of tanker at supplier’s cost
• Documentation responsibility: Transporter handles all RTO documentation and related compliance

Terms, Conditions & Eligibility

• EMD/Performance: A 5% performance security of contract value; payable by DD/FDR to ICAR NIHSAD
• Delivery commitments: 48-hour tanker readiness; 24-hour delivery post-filling; failure leads to deduction for short supply
• Operational scope: Specific tankers for furnace oil as per standard specifications; 2-year term with 1-year extension option upon mutual consent
• Payment terms: Transportation charges payable on receipt of furnace oil in good condition; deductions for short supply
• Compliance: Bidder must not be in liquidation or similar proceedings; upload necessary undertakings and certificates
• Documentation: All required GST, PAN, experience certificates, financial statements, and OEM authorizations as applicable