Indian Oil Corporation Limited Pumps 76-P-101A/B, 76-P-103A/B Spares Tender 2026 India

Tender Overview

Indian Oil Corporation Limited seeks spares for pumps 76-P-101A/B and 76-P-103A/B under a supply contract in India. The scope is limited to supply of goods, with no BOQ line items available. The procurement includes an option to increase/decrease quantity by up to 25% at contracted rates, and delivery timelines adjust according to a defined formula. Bidders must prepare core vendor documents to enable registration and bid submission. Unique terms include a structured option clause and mandatory financial/identity verifications to create the vendor code. This tender requires bidders to align with IOC’s procurement processes and ensure readiness for scaled orders during contract execution.

Technical Specifications & Requirements

• Scope of supply: Only supply of goods (pumps spares for 76-P-101A/B, 76-P-103A/B) to IOC.
• Option clause: 25% quantity increase/decrease permitted at bid/contracted rates.
• Delivery timeline logic: Additional delivery time = (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; extended period permissible up to original delivery period.
• Delivery start reference: From last date of original delivery order; timing adjusts if option exercised.
• Documentation for vendor code creation: PAN Card, GSTIN, Cancelled Cheque, EFT Mandate certified by Bank.
• ATC/BOQ: Not publicly detailed; ATC document uploaded by buyer; no live BOQ items.
• Bid scope note: Goods-only procurement; price to include all components.

Terms, Conditions & Eligibility

• EMD/Value: Not specified in provided data; no amount disclosed.
• Quotation rights: Purchaser reserves right to alter quantity by ±25% during and after contract.
• Delivery period: Tied to original delivery schedule with extension rules per option clause.
• Payment terms: Not specified; vendor code creation requires EFT mandate and bank certification.
• Documents to submit: PAN, GSTIN, Cancelled Cheque, EFT Mandate; vendor code creation required prior to or with bid submission.
• BOQ/Items: No BOQ items available in current tender data.
• Eligibility: Must comply with vendor code creation prerequisites and IOC procurement processes.