Indian Oil Corporation Limited Additive package ST4535 Tender India 2025 - IOC procurement with 25% option clause
Progress
Quantity
102000
Bid Type
Single Packet Bid
Categories
2
Tender Overview
The procurement opportunity is issued by Indian Oil Corporation Limited for the Additive package ST4535. The tender scope appears to be the supply of an additive package, with no BOQ items listed. The tender includes a 25% quantity option during contract placement and a similar option during the currency of the contract, at contracted rates. Delivery timelines are tied to the last date of the original delivery order, with a minimum extension of 30 days if options are exercised. Location details are not specified in the data provided. This procurement hinges on the organization’s standard option clause and requires bidders to comply with these terms.
Technical Specifications & Requirements
- No explicit technical specifications are provided in the tender data.
- Key contractual mechanics include an option to increase quantity up to 25% of bid/contract quantity at contracted rates.
- Delivery period calculations follow:
- Additional time = (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
- If the original period is < 30 days, the extended time equals the original period.
- The ATC document has been uploaded by the buyer; bidders should review the ATC for any implicit technical expectations.
- The product category is additive packaging; ensure alignment with IOC’s internal specifications and any OEM requirements implied by the ATC.
Terms, Conditions & Eligibility
- The buyer reserves the right to modify quantity by up to 25% at contract award and during the contract period at the same rates.
- Delivery schedule is linked to the last date of the original delivery order; extended times depend on the calculated formula with a minimum of 30 days.
- Bidders must comply with the option clause and associated delivery calculations.
- The tender data shows no BOQ items and no explicit EMD amount or payment terms; bidders should verify ATC and IOC procurement policies for final terms.
- Submit required documents per terms and conditions (GST, PAN, experience certificates, financial statements, EMD documents, OEM authorizations) as applicable to IOC procurement.
Key Specifications
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Product: Additive package ST4535
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Estimated value: Not disclosed
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EMD: Not disclosed
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Standards/qualifications: Not specified in tender data; refer to ATC
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Delivery: Based on last date of original delivery order; extension formula provided in option clause
Terms & Conditions
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Quantity adjustment up to 25% at contracted rates
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Delivery period linked to original order date with minimum 30 days extension
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Review of ATC document for explicit technical requirements
Important Clauses
Option Clause
Purchaser may increase or decrease bid quantity up to 25% at contract placement and during the currency at contracted rates; delivery period adjustments follow a defined formula with a 30-day minimum.
Delivery Schedule
Delivery starts from the last date of original delivery order; extended periods are calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days.
ATC Review
Buyer has uploaded ATC document; bidders must view and comply with any additional technical/qualitative requirements specified there.
Bidder Eligibility
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Proven experience in supplying additive packages or similar chemicals
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GST registration and PAN validity
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Financial capacity to undertake procurement at IOC scale
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Procurement of Additive package ST4535
Authority Records
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Documents 6
GeM-Bidding-8567728.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates of similar additive supply
Financial statements (last 2-3 years)
EMD/Security deposit documents
Technical bid documents
OEM authorizations or OEM supply agreements
Any ATC-compliance certificates referenced in the ATC document
Financial Results
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | ADEKA INDIA PRIVATE LIMITED Under PMA | Item Categories : Procurement of Additive package ST4535 |
Frequently Asked Questions
Key insights about HARYANA tender market
How to bid on the additive package ST4535 tender with IOC India 2025
Bidders must submit GST, PAN, financials, and experience certificates, plus OEM authorizations. Download the ATC, comply with the 25% quantity option clause, and prepare EMD per IOC guidelines. Ensure alignment with delivery schedule based on the original order date and the 30-day minimum extension rule.
What documents are required for IOC ST4535 tender submission in India
Required documents include GST certificate, PAN card, last 2-3 years financial statements, experience certificates for similar additive supply, EMD documents, technical bid, and OEM authorizations. Ensure ATC compliance and upload the completed technical bid as mandated by IOC procurement.
What are the delivery and option clause details for IOC ST4535
IOC may adjust quantity up to 25% at contract award and during the contract at contracted rates. Delivery period extends per formula: (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum extension of 30 days.
How to ensure ATC compliance for IOC additive tender 2025
Review the ATC uploaded by the buyer; ensure all technical, safety, and quality requirements are met. Prepare documentation demonstrating conformity to ATC specifics, request clarifications if needed, and attach relevant compliance certificates to the bid submission.
What are the key eligibility criteria for IOC procurement in 2025
Demonstrate prior additive supply experience, demonstrate financial stability via statements, maintain GST and PAN validity, provide OEM authorizations, and show ability to meet IOC delivery and quality expectations as per ATC.
When will IOC release the ST4535 tender terms and how to bid
The tender terms are governed by the ATC and generic IOC procurement guidelines; submit all mandatory documents, review the ATC for any added technical requirements, and adhere to the 25% quantity option and delivery extension rules during bid submission.
What happens if quantity increases beyond 25% in IOC ST4535
Any increase beyond 25% would require contract renegotiation at the originally contracted rates, subject to IOC approval and delivery feasibility. Ensure initial bid quantity anticipates potential extension within the 25% limit.
Which standards or certifications are required for IOC additives
Standards are defined in the ATC; bidders must confirm IS or industry standards specified therein and provide relevant certifications as part of the technical bid to demonstrate compliance.
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Documents 6
GeM-Bidding-8567728.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS