Procurement of Additive ST6572
Indian Oil Corporation Limited
RAIGAD, MAHARASHTRA
Bid Publish Date
05-Jun-2026, 9:43 am
Bid End Date
15-Jun-2026, 4:00 pm
Location
Progress
Quantity
437400
Bid Type
Two Packet Bid
Organization: Indian Oil Corporation Limited. Product: procurement of Additive ST 8139 or ST8141. Location: India (national competition). Estimated Value and EMD: not disclosed in available data. Scope focuses on sourcing a validated additive suitable for IOC operations, with no BOQ items published. Key differentiator is the option clause enabling quantity adjustments up to 25% of bid quantity at contract award and during contract currency. Delivery timelines hinge on the last date of the original delivery order, with a minimum extension of 30 days when exercising the option, and potential extension up to the original delivery period.
Keywords integrated: tender in India, IOC procurement, Additive ST 8139 ST8141, quantity adjustment, delivery extension, ATC document, EMD unclear, OEM authorizations, procurement terms.
Option to increase quantity up to 25% during contract
Delivery extension calculated by (Increased quantity ÷ Original quantity) × Original delivery period with minimum 30 days
ATC document governs submission requirements and any hidden terms
Not specified in provided data; check ATC for advance, milestone, or post-delivery payments
Delivery commencement rules tied to last date of original delivery order; option-based extensions subject to minimum 30 days
Not described in available data; verify LD provisions in ATC
Must review and comply with ATC terms and IOC procurement rules
Demonstrate capability to supply chemical additive additives of the specified category
Provide OEM authorizations if bidding on behalf of a manufacturer
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
Procurement of Additive ST 8139 Or ST8141
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Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Indian Oil Corporation Limited
RAIGAD, MAHARASHTRA
Indian Oil Corporation Limited
MUMBAI, MAHARASHTRA
Indian Oil Corporation Limited
FARIDABAD, HARYANA
IndianOil
MUMBAI SUBURBAN, MAHARASHTRA
IndianOil
MUMBAI SUBURBAN, MAHARASHTRA
Tender Results
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar additive procurement
Audited financial statements for the last 2–3 years
EMD/Security deposit documents (as applicable in ATC)
Technical bid documents demonstrating additive compatibility and handling
OEM authorization letter (if bidding on behalf of a manufacturer)
Any specific compliance certificates requested in the ATC document
Bidders should review the ATC document uploaded by the IOC and prepare a technical bid showing additive compatibility, supplier qualifications, and OEM authorizations. Ensure GST, PAN, financials, and experience certificates are included. Watch for the 25% quantity option and delivery-extension mechanism described in the terms.
Submit GST registration, PAN, company financial statements, past project experience certificates for similar additives, EMD proof if applicable, OEM authorization letters, and technical compliance documentation. Ensure all documents align with ATC directives and IOC procurement rules.
Delivery extensions are governed by the option clause: extended period equals (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. IOC may extend up to the original delivery period during the option exercise.
Eligibility requires demonstrated capability to supply the specified additive, adherence to OEM and certification requirements in the ATC, GST and PAN compliance, and financial stability via recent statements. Detailed criteria are in the ATC accompanying the tender.
The available data does not disclose the EMD amount. Bidders should consult the ATC document to confirm the exact EMD or security deposit requirements and acceptable payment modes.
Review the ATC file for additive compatibility and any quality or performance criteria. Prepare evidence of compliance with IOC standards, present material data sheets, and include any ISO or industry certifications if specified in ATC.
The base delivery schedule is tied to the last date of the original delivery order; extensions arise from the option clause. Specific calendar dates are not provided here—consult the ATC for exact deadlines and submission timelines.
Actual payment terms are not stated in the provided data. Refer to the ATC for terms such as milestone payments, advance, or post-delivery settlement, and ensure alignment with IOC standard procurement practices.
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Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS