Indian Oil Corporation Limited Pump Spare Parts Tender Procurement 2026 027-05A/B & 32-P-15A/B/C ISI/IS standards

Tender Overview

Indian Oil Corporation Limited invites bids for the supply of pump spares for models 027-P-05A/B and 32-P-15A/B/C. The scope is limited to the supply of goods with a 20-week delivery window from the GeM contract. The tender specifies proprietary sourcing from M/s Kishor Pumps Pvt Ltd (authorized by M/s Industrial Pump & Motor Agencies) and requires bids to reflect all-inclusive pricing (freight, P&F, transit insurance). The award is contingent on finance concurrence and competent authority approval dated 28.03.2025. The clause allows a quantity variation up to 25% during execution. This ensures supply continuity for IOC pump spares under a fixed-price contract. IOC seeks clear, OEM-aligned quotes with strict adherence to included terms.

Technical Specifications & Requirements

• Product category: Pump spares for models 027-P-05A/B and 32-P-15A/B/C (proprietary items governed by OEM, Kishor Pumps Pvt Ltd).
• Delivery period: 20 weeks from GeM contract date; extended time rules apply only as per option clause.
• Price mechanics: Firm, fixed prices for the entire order lifecycle; inclusive of all taxes, freight, P&F, and transit insurance.
• Acceptance: Payment through CRAC with 10 days payment post bill submission online; no extra payments beyond contract terms.
• Vendor constraints: Only approved OEM-proprietary supplier list allowed; no alternate makes accepted. Arbitration clause applies to disputes.
• Delivery terms: Scope of supply limited to goods (no services); delivery schedule aligned with original contract terms.

Terms, Conditions & Eligibility

• EMD/Performance security: Not specified in the public excerpt; bidders must align with GeM GTC payment terms.
• Eligibility: Bidders must supply from M/s Kishor Pumps Pvt Ltd as the OEM-proprietary item supplier; unauthorized make will be rejected.
• Delivery: 20 weeks from GeM contract date; option clause allows up to 25% quantity variation during contract execution.
• Payment terms: 100% payment within 10 days of CRAC issuance and online bill submission.
• Documentation: Submit declarations/undertakings for additional scope of work; ensure authorization from OEM and finance concurrence.
• Dispute resolution: Arbitration clause applies to contract disputes as per general terms.