Indian Oil Corporation Limited Esco Make Couplings and Spares Tender 2026 India - 25% Quantity Option Delivery Terms

Bidders should prepare GST, PAN, financials, and experience certificates; review the ATC document; ensure capability to handle up to 25% quantity variation; align with delivery extension formula; submit technical bid demonstrating Esco-compatible couplings and spares; follow GEM portal submission steps and IOCL terms.

Eligibility requires GST registration, PAN, experience in supplying similar couplings, and financial stability. Review ATC for any OEM authorizations and ensure ability to handle up to 25% quantity fluctuation during contract, with compliance to delivery extension calculations.

Submit GST certificate, PAN card, current financial statements, latest experience certificates for similar spares, OEM authorization (if needed), technical bid detailing Esco compatibility, and EMD/security deposit per GEM norms; ensure ATC documents are reviewed and attached.

Delivery starts from the last date of the original delivery order; if quantity increases, the extended time equals (additional/original quantity) × original delivery period with a minimum of 30 days; the purchaser may extend within the original delivery window based on quantity changes.

No explicit standards in data; bidders should verify in the ATC document; typically OEM approvals, quality certificates, and supplier certifications for couplings may be required; ensure compatibility with Esco products and any ISI/ISO references stated in ATC.

The option clause allows up to 25% variation in bid quantity at contracted rates, both pre- and during currency; bidders must plan inventory and logistics accordingly; confirm exact percentage and conditions in the ATC and contract.

Payment terms are not specified in the data; bidders should expect IOCL/GEM standard terms, potentially milestone-based or post-delivery within a defined period; verify terms in the final contract and ATC to secure timely payment.

The BOQ shows total items as zero in the provided data; the scope likely covers Esco couplings and associated spares, with quantity variation rights; confirm item list and OEM specifics in the ATC and finalized documents.