Tender Overview
Indian Oil Corporation Limited invites bids for the supply of V-Belt sections spanning multiple bid schedules (including B 75, B 78, SPB 3350, SPC 3000, HTD 2800/1600/4326/3500 variants) to Panipat, Haryana. The procurement is a supply-only contract with 9 BOQ lines, targeting belt sections used in industrial applications. Key differentiators include an option clause permitting up to 25% quantity variation during contract execution and a framework-like scope across nine belt schedules. GST treatment is bidder-responsibility with GST invoice alignment to consignee GSTIN. This tender consolidates several belt sizes under a single procurement exercise.
Technical Specifications & Requirements
- Product category: V-Belt sections (HTD, SPB, SPC) including anti-oil variants
- Schedules cover: B 75, B 78, SPB 3350, SPC 3000, HTD 2800/1600/4326/3500; 14M and 8M sizes
- Scope: supply-only of goods; price to include all components
- Delivery location: Panipat, Haryana; supplier responsible for GST compliance and invoicing per consignee GSTIN
- Key commercial terms: option clause (±25% quantity), delivery period linked to original order with formula-based extension, GeM GST invoicing requirements
- No explicit unit quantities or estimated value published; evaluate against nine itemized schedules
Terms & Eligibility
- EMD: not disclosed in terms; verify applicable GeM guidelines and tender policy
- GST: bidder to determine applicable GST; reimbursement as per actuals or capped by quoted rate
- Invoicing: GST invoice to be raised in consignee name; upload GST portal screenshot confirming payment
- Payment terms: not specified; ensure compliance with standard GeM payment practices and contract terms
- Delivery: quantity extensions allowed up to 25% of contracted quantity; delivery times computed from last original delivery date