Indian Oil Corporation Limited Vendor Code Creation for Goods Supply Tender 2026 - IOCL Procurement & TPI Compliance

Tender Overview

The Indian Oil Corporation Limited (IOCL) issues a vendor code creation tender for the supply of goods, with third-party inspection (TPI) requirements and price-inclusive terms. The procurement focuses on establishing vendor credentials for future IOCL supply contracts and ensures GSTIN and bank documentation are in place. The process includes an EFT mandate, PAN copy, GST certificate, and cancelled cheque as essential submissions. TPI charges are bundled in the bid price, and any inspection delays are the bidder’s responsibility to manage. The scope is limited to goods supply, with six BOQ items listed but not quantified in the interface. This tender emphasizes compliance, traceability, and prequalification for IOCL procurement processes.

Technical Specifications & Requirements

• Scope of supply: Only supply of goods; prices inclusive of testing, inspection, and third-party inspection charges; IOCL-approved TPI agency conducts stage-wise and final inspection; no extra payment for delays caused by inspection procedures.
• Inspection charges: Included in quoted prices; IBR/IGC/NACE/Radiography charges as per IOCL specifications are covered; origin country inspection for imported content is included.
• Documentation requirements: Submit PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by the bank; invoice must be in the consignee name with GSTIN of the consignee.
• Delivery scope: Not specified; emphasis on compliance with IOCL technical documents and TPI protocols.
• BOQ: 6 items listed, but exact quantities/units are not provided in the data.

Terms, Conditions & Eligibility

• EMD/Financials: No explicit EMD amount provided in available data; bidders must adhere to IOCL terms for vendor code creation.
• Payment terms: Invoices to be raised in the name of the consignee with their GSTIN; EFT mandate required; payment terms not explicitly stated in the data.
• Delivery & Inspection: Third-party inspection mandated; bidder to arrange and submit release notes; IOCL will not grant time extensions for inspection delays.
• Documentation: PAN, GSTIN, Cancelled Cheque, EFT Mandate; ensure bank-certified EFT form is attached.
• Scope: Goods supply only; all testing/inspection charges included; no additional charges payable by IOCL beyond quoted price.
• BoK/Compliance: Ensure alignment to IOCL’s TPI and technical specification documents; supplier must be prepared for export/import content inspection if applicable.