Oil India Limited Heavy Duty Industrial Storage Rack Tender Location Not Specified 2026

Tender Overview

Oil India Limited invites bids for Heavy duty Industrial Storage Rack procurement. The tender involves potential quantity adjustments up to 25% of bid quantity during contract and currency, with delivery period adjustments linked to the original delivery timeline. Bidder must ensure financial stability and non-liquidity, and reconcile GST as applicable. The process requires vendor-code creation documentation, including PAN, GSTIN, cancelled cheques, and EFT mandates. OEM authorization is mandatory for distributors, with invoice naming aligned to the consignee GSTIN. No BOQ items are listed in the available data, highlighting a focus on supplier qualification and compliance prerequisites.

Technical Specifications & Requirements

• Product name: Heavy duty Industrial Storage Rack (category: storage solutions for industrial use)
• No BOQ items available; no explicit technical specs provided
• Option clause: Purchaser may increase/decrease quantity by up to 25%; extended delivery time calculated as (increased quantity ÷ original quantity) × original delivery period, minimum 30 days
• GST: Bidder to determine applicability; GST reimbursement subject to actuals or applicable rate, whichever is lower
• Vendor-code documents: PAN Card, GSTIN, Cancelled Cheque, EFT Mandate (bank certified)
• OEM authorization: Required for Authorized Distributors with full OEM details
• Invoicing: Invoice must be in consignees name with consignee GSTIN
• Contractual controls: No assignment/sub-contract without buyer consent; joint liability remains with seller
• Penalties/termination: Buyer may terminate for non-performance or failure to meet terms

Terms, Conditions & Eligibility

• EMD/Financial standing: Bidder must not be in liquidation or bankruptcy; an undertaking must be uploaded
• GST compliance: Check GST applicability; reimbursement aligns with actuals or lower of quoted GST rate
• Vendor-code submission: Include PAN, GSTIN, cancelled cheque, and EFT mandate
• OEM authorization: If bidding via distributor, provide Manufacturer Authorization Certificate with OEM details
• Invoicing requirement: Invoice must be raised in consignee name with their GSTIN
• Contractual risk sharing: No assignment/sub-contracting without written consent; seller remains liable jointly with assignee
• Delivery timing: Delivery period linked to original order with option-based extensions; system allows extended time as defined above