Indian Oil Corporation Limited Damper Spares Procurement for DYIP Block - 25% Quantity Flexibility 2026

Tender Overview

Organization: Indian Oil Corporation Limited. Product/Service: Damper Spares for the DYIP Block. Location: location not specified; tender metadata shows unspecified city/state. Estimated Value and EMD: not disclosed. Scope: strictly the supply of goods; no BOQ items listed. Unique clause includes a flexible quantity option of up to 25% at contracted rates and a framework for extended delivery time when options are exercised. This tender uses vendor-code creation requirements (PAN, GSTIN, cancelled cheque, EFT mandate). Bidders should prepare for a procurement by IOC with a delivery schedule linked to the original delivery order end date and potential quantity changes.

Technical Specifications & Requirements

• Product/Category: Damper Spares for DYIP Block. No technical specs or performance criteria provided in the tender data. Delivery scope: inclusive of all cost components; participants should expect pure supply of goods with no installation or service elements stated. ATC/BOQ: no items listed; bidder must rely on supplier capability for damper spare parts. Payment/Delivery Cadence: terms reference a standard extension formula tied to quantity adjustments; minimum delivery time logic remains ambiguous without explicit dates. Bidders should verify exact equipment compatibility with IOC's DYIP systems and confirm part numbers during bid submission.

Terms, Conditions & Eligibility

• EMD/Security: not disclosed in the tender data; bidders must ascertain provisional requirements through IOC process.
• Quantity Flexibility: up to 25% increase in order quantity at contracted rates; additional time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days.
• Delivery & Extension: delivery period begins from the last date of the original delivery order; extension logic applies if option clause is exercised.
• Vendor Code Creation: required documents include PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by bank.
• Scope: Bid price must include all costs for supply of goods; no installation or after-sales service clause stated.
• Documentation: bidders must comply with the mandatory vendor-code setup procedure; ensure GST and PAN validity.
• ATC/ATC Document: additional terms available in uploaded ATC file.