Indian Oil Corporation Limited Marketing Division Spare Parts Tender India 2026 – Multi-Category Parts Procurement

Tender Overview

The opportunity comes from Indian Oil Corporation Limited (Marketing Division) for the procurement of spare parts across multiple sub-categories. The estimated contract value is ₹982,114.00, with vendor setup requirements including PAN, GSTIN, cancelled cheque, and EFT mandate. The scope appears spread across 11 BOQ items, though item specifics are not disclosed. The process references an option clause permitting quantity variation up to 25% during execution, with a flexible delivery timeline linked to the original and extended periods. This tender is positioned within IOCL’s multi-item spare parts procurement framework and requires GST compliance handling by bidders. Unique terms include vendor-code creation prerequisites and GST reimbursement guidance. Overall, entrants should prepare for GST considerations, payment terms alignment, and formal bid submission alongside standard documentation.

Technical Specifications & Requirements

• No explicit technical specifications are provided in the tender text.
• The BOQ lists 11 items but details are not disclosed (N/A for quantities and units).
• The estimated value is ₹982,114.00; no EMD amount is specified.
• Seller capabilities should anticipate multi-category spare parts and generic IOCL procurement practices.
• Mandatory documents for bid include tax and banking verifications such as PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate.
• Adhere to the option clause for quantity adjustments (up to 25% during contract).
• GST handling guidance is provided; bidders must determine applicable GST independently.
• No specific standards or certifications are mandated in the provided data.

Terms, Conditions & Eligibility

• GST compliance is bidder's responsibility; reimbursement as per actuals or applicable rates up to quoted GST percentage.
• Option Clause allows ±25% quantity change during and post original delivery period; additional time calculated as (Increase/Original) × Original delivery period, minimum 30 days.
• Vendor-code creation requires: PAN, GSTIN, Cancelled Cheque, EFT Mandate (bank certified).
• No explicit EMD amount is disclosed in the tender data.
• Delivery timeline is tied to delivery orders with extension rules defined in the option clause.
• The tender references multiple spare-part categories but provides no itemized technical specs or performance criteria.
• Bidders must ensure GST registration and compliance with IOCL’s procurement processes and payment terms as per bid submission.