Progress
RAQuantity
260190
Bid Type
Two Packet Bid
Bokaro Steel Plant, a unit of Steel Authority of India Limited, seeks supply of rust preventive oil for CR coil in barrel. The procurement scope is defined by a flexible quantity framework with potential 25% quantity variation at order and during contract currency. The contract includes data sheet verification, post-receipt inspection at the consignee site, and pre-dispatch inspection waiver. This tender emphasizes data-sheet alignment with offered product specifications and adherence to ATC terms. The opportunity targets suppliers capable of meeting unspecific but clearly defined quality checks and delivery timelines, with emphasis on documented compliance and inspection planning. The opportunity is located in BOKARO, JHARKHAND and involves a relatively narrow, specialized lubricant category, distinguished by its need for coil protection performance.
Delivery quantity may be adjusted by up to 25% during contract, with corresponding delivery period calculations
Data Sheet must precisely reflect offered product; mismatches risk bid rejection
Post receipt inspection at consignee site; pre-dispatch inspection waived if ATC permits
Details to be confirmed in ATC; bidders should verify if advance, milestone, or COD payments are permitted
Delivery period commences from the last date of the original delivery order; quantity variation up to 25% allowed with appropriate time adjustments
Not specified in available data; verify in ATC for LD clauses and performance penalties
Demonstrated experience supplying rust preventive oils or industrial lubricants
Compliant GST registration and valid PAN card
Financial stability evidenced by financial statements
OEM authorization if required by ATC
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
RUST PREVENTIVE OIL F/CR COIL IN BARREL
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Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates demonstrating relevant supply of rust preventive oils or lubricants
Financial statements (last 2-3 years)
EMD/Security deposit documentation (as per ATC)
Technical bid documents and product data sheet
OEM authorizations or authorized distributor certificates (if applicable)
Data Sheet submitted with bid
Extended Deadline
12-Dec-2025, 5:00 pm
Opening Date
12-Dec-2025, 5:30 pm
Start
13-Jan-2026, 6:00 pm
End
15-Jan-2026, 10:00 am
Duration: 40 hours
Reverse Auction Document
✅ RA concluded. Check financial results for final rankings.
| S.No | Seller | Item | Date | Status |
|---|---|---|---|---|
| 1 | BALMER LAWRIE AND COMPANY LIMITED Under PMA | Make : BALMEROL Model : BALMEROL Anticor 1640 Title : RUST PREVENTIVE OIL F/CR COIL IN BARREL | 05-12-2025 10:59:25 | |
| 2 | BHARAT PETROLEUM CORPORATION LIMITED Under PMA | Make : MAK Model : MAK RUSTROL 164 Title : RUST PREVENTIVE OIL F/CR COIL IN BARREL | 05-12-2025 16:04:56 | |
| 3 | HINDUSTAN PETROLEUM CORPORATION LIMITED Under PMA | Make : HPCL Model : HP RUSTOP 283 Title : RUST PREVENTIVE OIL F/CR COIL IN BARREL | 11-12-2025 17:42:28 | |
| 4 | INDIAN OIL CORPORATION LIMITED Under PMA | Make : SERVO Model : SERVO RP 130 B SUPER Title : RUST PREVENTIVE OIL F/CR COIL IN BARREL | 05-12-2025 09:56:26 |
These are the final prices after the reverse auction event. Prices may be lower than initial bids.
| Rank | Seller | Final Price | Item |
|---|---|---|---|
| L1 | BALMER LAWRIE AND COMPANY LIMITED(MII) Under PMA Winner | ₹2,78,05,050 | Item Categories : RUST PREVENTIVE OIL F/CR COIL IN BARREL |
| L2 | BHARAT PETROLEUM CORPORATION LIMITED (MII) Under PMA | ₹2,78,38,124 | Item Categories : RUST PREVENTIVE OIL F/CR COIL IN BARREL |
| L3 | INDIAN OIL CORPORATION LIMITED (MII) Under PMA | ₹3,29,73,570 | Item Categories : RUST PREVENTIVE OIL F/CR COIL IN BARREL |
🎉 L1 Winner
BALMER LAWRIE AND COMPANY LIMITED(MII) Under PMA
Final Price: ₹2,78,05,050
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Key insights about JHARKHAND tender market
Bidders should submit the Data Sheet with the bid, along with GST, PAN, and financials. Ensure post-receipt inspection readiness and comply with ATC regarding quantity variation up to 25% and waiver conditions. Verify delivery timelines and any OEM authorizations if required.
Required documents include GST certificate, PAN card, 2-3 years of financial statements, experience certificates for similar lubricants, data sheet for the offered product, EMD documentation per ATC, and OEM authorization if applicable. Ensure data sheet match with product specifications.
Post receipt inspection at the consignee site is mandatory; pre-dispatch inspection is waived if selected in ATC. The data sheet will be cross-verified against delivered product to prevent mismatches and bid rejection.
The purchaser may increase or decrease the quantity up to 25% of bid quantity at contract placement and during currency. The delivery period calculation follows the extended-period rule, with a minimum 30 days extension when applicable.
The bidder must upload a Data Sheet that exactly matches the offered product's technical parameters. Any unexplained mismatch may lead to rejection; ensure performance, viscosity, packaging, and storage details align with the product you quote.
ATC contains additional terms including inspection waivers, data sheet conformity, and delivery/price adjustments. Review ATC thoroughly to confirm whether pre-dispatch inspection is waived and how quantity variation affects delivery timelines.
Eligibility requires GST registration, PAN, financial statements, experience certificates for similar lubricant supplies, and any OEM authorization. Include data sheet and EMD documentation as per ATC to demonstrate financial and technical capability.
Post-receipt inspection will be conducted at the consignee site after delivery, with the specific criteria defined in the inspection documents. Ensure the delivered rust preventive oil matches the Data Sheet and quantity as ordered.
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Main Document
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS