Indian Oil Corporation Limited EBIPL Spares Procurement 2026 - IOCL, India, 25% Quantity Variation Clause, Supply Only

Tender Overview

Organization: Indian Oil Corporation Limited. Product/Service: EBIPL Spares procurement, with scope limited to supply of goods only. Location: not specified. Estimated value and End Date are not provided. The tender emphasizes a flexible quantity clause allowing up to 25% increase/decrease at contract placement and during the currency period. Delivery timelines hinge on the last date of the original delivery order, with formula-based extensions and a minimum additional time of 30 days. Unique terms include mandatory vendor-code creation documentation and a clear emphasis on the paperwork trail for bidders. This tender requires bidders to adhere to the ATC terms and participate in IOCL procurement processes for EBIPL spares supply. The lack of BOQ items indicates a broad supply focus rather than a fixed bill-of-quantities.

Technical Specifications & Requirements

• Scope: Only supply of goods; no installation services.
• Option Clause: Purchaser may adjust quantity by up to 25% at contract placement and during contract currency.
• Delivery Schedule: Delivery period begins from the last date of original delivery order; extended time computed as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days; extension possible up to the original delivery period.
• Vendor Documentation for Code Creation: Submit PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by bank.
• ATC Context: ATC document uploaded; terms govern all bid submissions and scope.
• BOQ: No items listed; scope is generic goods supply rather than itemized quantities.

Terms, Conditions & Eligibility

• Scope of Supply: Bid price includes all cost components; only supply of goods.
• Documents for Bid: PAN, GSTIN, cancelled cheque, EFT mandate; comply with vendor-code creation requirements.
• Delivery & Payment: Delivery terms aligned with original and extended delivery periods; payment terms not detailed in available data.
• Contract Clauses: Adhere to Buyer Added Bid Specific ATC; option clause and delivery extension dynamics are mandatory.