Custom Bid for Services - RPNC253021 Annual Rate Contract for Condition Monitoring of Rotary Equipm
Iocl- Panipat Refinery
PANIPAT, HARYANA
Bid Publish Date
17-Oct-2025, 2:57 pm
Bid End Date
07-Nov-2025, 3:00 pm
EMD
₹17,50,000
Location
Progress
RAQuantity
1
Bid Type
Two Packet Bid
Organization: Hindustan Petroleum Corporation Ltd. The tender seeks Condition Monitoring Services for Rotating Equipment at HPCL facilities in Visakhapatnam, Andhra Pradesh. EMD: ₹1,750,000. Category: Custom Bid for Services. Although no BOQ items are listed, the scope covers proactive monitoring, diagnostics, and maintenance planning for rotating assets. The contract may include quantity/duration adjustments up to 25% at contract issuance and later. The procurement emphasizes adherence to HPCL ATC terms and performance expectations for uptime and reliability. This opportunity requires proven capabilities in vibration analysis, thermography, lubrication analysis, and data-driven asset health assessments. Unique aspect: absence of BOQ items suggests a flexible, outcome-driven service scope with formal acceptance criteria to be defined during contract finalization.
Category: Condition Monitoring Services for Rotating Equipment
EMD: ₹1,750,000
Location: Visakhapatnam, Andhra Pradesh
Contract flexibility: up to 25% quantity/duration adjustment
BOQ: 0 items listed; scope appears to be service-based with defined acceptance criteria
Required capabilities: vibration analysis, oil analysis, thermography, online/offline monitoring, data analytics
EMD amount is ₹1,750,000 and must be submitted with bid
Contract quantity/duration may be increased/decreased by up to 25%
ATC document governs exact technical/commercial terms and acceptance criteria
Not explicitly published in tender data; payment terms to be detailed in HPCL ATC and final contract.
Delivery timelines are not specified here; contract milestones to be defined in ATC.
No LD details provided; penalties to be defined in the final contract per HPCL standard practices.
Demonstrated experience in condition monitoring for rotating equipment (vibration, oil analysis, thermography)
GST registration and valid PAN card
Financial viability demonstrated by financial statements
Ability to comply with HPCL ATC terms and provide OEM authorizations
Main Document
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OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
BOQ
OTHER
OTHER
OTHER
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OTHER
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ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Iocl- Panipat Refinery
PANIPAT, HARYANA
Indian Oil Corporation Limited
MATHURA, UTTAR PRADESH
Gail India Limited
Yantra India Limited
KATNI, MADHYA PRADESH
Brahmaputra Cracker And Polymer Limited
DIBRUGARH, ASSAM
Tender Results
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates showing relevant condition monitoring services
Financial statements (annual reports or turnaround statements)
Bid security / EMD submission document for ₹1,750,000
Technical bid submission documents as per HPCL ATC
OEM authorizations or manufacturer endorsements for deployed equipment/software
Any other documents specified in HPCL ATC (if available)
Start
25-Nov-2025, 3:00 pm
End
27-Nov-2025, 3:00 pm
Duration: 48 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | MVS ACMEI TECHNOLOGIES PRIVATE LIMITED Under PMA Winner | ₹6,68,26,810 | Item Categories : Custom Bid for Services - CONDITION MONITORING SERVICES FOR ROTATING EQUIPMENT |
| L2 | SPM INSTRUMENT INDIA PRIVATE LIMITED Under PMA | ₹6,68,93,700 | Item Categories : Custom Bid for Services - CONDITION MONITORING SERVICES FOR ROTATING EQUIPMENT |
🎉 L1 Winner
MVS ACMEI TECHNOLOGIES PRIVATE LIMITED Under PMA
Final Price: ₹6,68,26,810
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Key insights about ANDHRA PRADESH tender market
Bidders should submit GST and PAN, provide experience certificates for rotating equipment monitoring, and furnish EMD of ₹1,750,000. Review the ATC for technical scope (vibration, oil analysis, thermography) and ensure OEM authorizations are included. Ensure bid validity and compliance with HPCL terms.
Required documents include GST certificate, PAN, experience certificates for condition monitoring, financial statements, EMD submission of ₹1,750,000, technical bid as per ATC, and OEM authorizations. Additional HPCL ATC attachments may specify more documents; verify before submission.
The tender emphasizes condition monitoring services: vibration analysis, oil analysis, thermography, and data analytics for rotating equipment. Exact acceptance criteria and software tools will be defined in the ATC; ensure capabilities align with vibration spectrum analysis, trend analysis, and diagnostic reporting.
The EMD amount is ₹1,750,000; bidders must submit a bid security with the technical bid as per HPCL ATC. Confirm payment mode (DD/online) and validity period in the ATC to avoid bid rejection.
Delivery terms aren't specified in the tender data. Expect milestones defined in the final contract/ATC, with potential adjustments up to 25% of quantity or duration at issue and post-issuance, according to the buyer’s clause.
Eligibility requires relevant rotating equipment monitoring experience, GST registration, financial stability, and OEM authorizations. Bidders must comply with HPCL ATC terms and provide evidence of past performance in similar services.
Download and study the ATC document associated with this tender; ensure your technical team demonstrates vibration/oil analysis capabilities, provides case studies, and includes OEM authorizations. Prepare a compliant technical bid addressing all ATC-specified criteria.
Specific penalties are not listed in the public data; the final contract will define liquidated damages and remedies. Anticipate LDs tied to uptime, reliability metrics, and failure to meet service levels per HPCL standards.
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Main Document
OTHER
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
BOQ
OTHER
OTHER
OTHER
OTHER
OTHER
OTHER
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS