Indian Oil Corporation Limited Helium Industrial Gas Tender Procurement 2026 IOCL

Tender Overview

Organization: Indian Oil Corporation Limited. Product: Helium industrial gas procurement for supply of goods. Location: not specified in tender data. Estimated value and start/end dates are not disclosed. The contract includes an optional quantity adjustment of up to 25% of bid quantity at placement and during currency, with delivery periods tied to the original delivery timeline and calculated extensions. An ATC clause governs these extensions. The scope is limited to the supply of goods with standard invoicing requirements on GeM portal. Unique aspect: vendor must adhere to purchaser’s quantity and delivery flexibilities while maintaining contracted rates.

Technical Specifications & Requirements

• Product/service: Helium industrial gas.
• Scope: Supply of goods only; no BOQ items listed.
• Delivery/ extension rules: Option to increase quantity up to 25% of contracted quantity; delivery period extensions calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; extension may continue up to original delivery period.
• Invoices and GST: Invoices must be in the consignee name with GSTIN; upload GST invoice and GST portal payment screenshot on GeM portal.
• ATC reference: Buyer uploaded ATC document; terms are binding for bid submission.
• Documentation scope: Bidder must ensure compliance with ATC and supply scope; no technical specs listed beyond product.

Terms, Conditions & Eligibility

• Quantity flexibility: Up to 25% quantity increase/decrease permitted; extensions trigger proportional time adjustments with a minimum of 30 days.
• Vendor documentation: Submit PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by bank along with bid for Vendor Code Creation.
• Invoicing compliance: Invoice must be raised in consignee name with GSTIN of consignee; GST invoice copy and GST portal payment screenshot must be uploaded on GeM.
• Scope clause: Bid price must include all costs; scope is strictly supply of goods (no services).
• ATC adherence: Purchaser's ATC terms are mandatory and viewable via linked file; bidders must comply.