Indian Oil Corporation Limited Goods Supply Tender 2025 Rajasthan/India ISO Standards 2025

Tender Overview

Organization: Indian Oil Corporation Limited — Scope: Supply of Goods under GeM portal terms. Quantity flexibility allows up to 25% quantity variation at contract award and during currency, at contracted rates. Delivery timelines adapt to option exercise with a formula-based extension, minimum 30 days. GST considerations: bidders should calculate GST locally; reimbursement aligns with actuals or lower applicable rates. Included submission of PAN, GSTIN, cancelled cheque, and EFT mandate. Invoicing must be in the consignee’s GSTIN name; GST portal screenshots may be required for GST payment confirmation. Purchase preference available for eligible MSME manufacturers per policy. This tender covers a broad itemset (BOQ: 155 items) with unspecified item specifics, implying a general goods supply contract with adaptable order volumes.

Technical Specifications & Requirements

• Scope of supply: Goods only; bid price must include all costs.
• Delivery terms: Quantity timing linked to last delivery order date; option-driven extensions follow the provided formula; minimum 30 days.
• Tax/compliance: GST handling per actuals or lower rate; GST invoice and GST portal payment confirmation required.
• Documentation: Submit PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate (bank-certified).
• ** invoicing**: Invoices to be raised in the consignee name with the consignee GSTIN.
• Procurement framework: GeM-based procurement with MSE purchase preference criteria; manufacturer status required for MSE preference eligibility.
• BOQ scope: 155 items, with item-level details not disclosed in the data provided.

Terms, Conditions & Eligibility

• Option Clause: Purchaser may increase/decrease quantity by up to 25% of bid quantity at contract placement and during currency.
• Delivery extension: Time extensions calculated as (increased quantity / original quantity) × original delivery period, with a minimum of 30 days.
• GST handling: Bidder bears GST calculation; GST reimbursement per actuals or applicable rate, whichever is lower, within quoted GST percentage.
• Submission requirements: PAN, GSTIN, Cancelled Cheque, EFT Mandate; invoice on consignee GSTIN; GST portal screenshot during payment.
• Purchase preference: MSE procurement preference; bidder must be manufacturer for goods; traders excluded from MSE policy.
• Scope scope: Scope of supply indicates only goods; no service components in the terms provided.