Indian Oil Corporation Limited Goods Supply Tender 2026 in India with 25% Quantity Flexibility and MSE Preference

Tender Overview

The procurement is issued by Indian Oil Corporation Limited for the supply of goods spanning 35 items under a single tender. The scope explicitly covers only the supply of goods, with an option clause allowing up to 25% quantity variation at contract time and during the currency of the contract. The purchase includes a provision for MSE preference under the Public Procurement Policy, subject to manufacturer status for the offered product. The tender emphasizes documentary certificates and compliance with bid documents, including ATC and corrigenda. This event targets diverse suppliers capable of meeting the bulk, multi-item requirements and the conditional adjustments in order quantity. The mix of items and batch-quantity flexibility differentiates this tender from standard single-item procurements and requires robust supply-chain readiness and financial solvency checks. The absence of explicit location data in the tender title necessitates bidders to verify IOCL’s supply sites and delivery points. The purchase framework is geared toward structured, grade-compliant supply with risk-sharing via option quantities and MSE incentives.

Technical Specifications & Requirements

• Scope: Only supply of goods for 35 items; no manufacturing or services component indicated.
• Quantity flexibility: Option to increase/decrease quantity by up to 25% at contract placement and during currency, with delivery time adjusted proportionally.
• Delivery timing formula: Additional time equals (additional quantity ÷ original quantity) × original delivery period, minimum 30 days; extended periods may be applied within contract limits.
• Delivery period constraint: If original period < 30 days, additional time equals original period.
• MSE preference: Purchase preference for Micro and Small Enterprises as per policy; manufacturers must claim preference for goods bids; traders excluded.
• Eligibility documents: Bidders must upload all required certificates; non-submission risks rejection.
• ATC/Corrections: Bid must align with Buyer ATC and any corrigenda.

Terms, Conditions & Eligibility

• EMD / Financial standing: Bidder to maintain sound financial status (no liquidation or bankruptcy) and upload a self-attested undertaking.
• Scope of supply: Bid price must include all components; only supply of goods is permitted.
• Documents: Submission of GST, PAN, experience certificates, and any OEM authorizations as per terms.
• Purchase preference: MSE policy applies; to avail, bidder must be the manufacturer; traders excluded; L-1 within policy margins may be invited to match.
• Delivery and acceptance: Compliance with delivery terms, ATC conditions, and audit of bids; rejection risk if documents missing.