GEM

Indian Oil Corporation Limited Marketing Division Vehicle Hiring Tender UPSO 1 As-Needed Basis 2025

Bid Publish Date

30-Dec-2025, 2:44 pm

Bid End Date

13-Jan-2026, 3:00 pm

EMD

₹17,900

Value

₹1,42,92,928

Progress

Issue30-Dec-2025, 2:44 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • Fleet-based vehicle hiring for UPSO 1 locations with on-demand execution
  • EMD amount specified: ₹17,900; estimated contract value ₹14,292,928.31
  • Quantity/duration adjustment up to 25% at contract issue and thereafter
  • No BOQ items and no explicit technical specifications in tender data
  • ATC document uploaded; bidders should review additional terms in the ATC
  • Category classified as Custom Bid for Services - Hiring of vehicles
  • Submission readiness includes standard mobility fleet credentials and driver compliance
  • Location unspecified; tender appears to target UPSO 1 service areas

Categories 2

Tender Overview

Organization: Indian Oil Corporation Limited, Marketing Division. Procurement: Hiring of vehicles at UPSO 1 on an as-needed basis under a Custom Bid for Services. Estimated value: ₹14,292,928.31 with EMD of ₹17,900. Location: Not specified in data; tender targets UPSO 1 sites. Scope: On-demand vehicle provisioning to support UPSO operations, with quantity/duration adjustments permitted up to 25% and acceptance of revised terms upon contract issuance. This tender lacks BOQ items and explicit product specs, signaling a flexible transport service engagement. A key differentiator is the ATC clause allowing bid quantity/duration revision prior to contract award.

Technical Specifications & Requirements

  • Category: Custom Bid for Services - Hiring of vehicles at UPSO 1 on an as and when required basis
  • Estimated value: ₹14,292,928.31; EMD: ₹17,900
  • Contract flexibility: Quantity or duration may be adjusted up to 25% at issue and post-issuance; bidders must accept revised terms
  • BOQ: No items listed; no technical specs provided; bidders should prepare transport service capability and fleet details
  • Category notes: Service procurement aligns with IOC Marketing Division’s ongoing field operations; ensure readiness to service UPSO locations as demand arises
  • Documentation cue: Prepare standard mobility/service compliance documents and evidence of fleet readiness

Terms, Conditions & Eligibility

  • EMD: ₹17,900; format unspecified in data but typically payable via online or demand draft
  • Delivery/Service window: On an as-needed basis; no pre-defined delivery schedule in data
  • ATC Clause: Up to 25% adjustment in quantity/duration pre- and post-contract issuance
  • BOQ availability: No items listed; no minimum quantity guarantee
  • Bid scope: Custom services for vehicle hiring; ensure fleet availability and driver compliance when invoked

Key Specifications

  • Product/Service: Vehicle hiring services on a call-off basis

  • Estimated contract value: ₹14,292,928.31

  • EMD: ₹17,900

  • Quantity/duration flexibility: 25% up or down

  • No BOQ items; no explicit technical specs published

  • Service model: On-demand provisioning for UPSO 1 locations

  • Documentation: Include fleet capability and driver compliance evidence

Terms & Conditions

  • EMD amount and payment method must be completed

  • Contract quantity/duration can be revised up to 25%

  • No fixed delivery schedule; services performed on demand

  • ATC document governs terms beyond initial bid

  • Submit standard statutory documents (GST, PAN, financials)

Important Clauses

Payment Terms

EMD of ₹17,900 to be submitted as per IOC terms; payment terms unspecified in data

Delivery Schedule

Services to be provided on an as-needed basis; no set delivery calendar

Penalties/Liquidated Damages

Not specified in data; bidders should verify in ATC document

Bidder Eligibility

  • Experience in vehicle hiring services for corporate/retail networks

  • Fleet availability and driver compliance capabilities

  • GST registration and financial stability documentation

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Required Documents

1

GST certificate

2

PAN card

3

Experience certificates for vehicle hiring services

4

Financial statements (profit & loss, balance sheet)

5

EMD submission document (₹17,900)

6

Technical bid documents demonstrating fleet capabilities

7

OEM or fleet operator authorizations (if applicable)

8

Any ATC-compliant documents referenced in bidder terms

Frequently Asked Questions

Key insights about UTTAR PRADESH tender market

How to bid for vehicle hiring tender UPSO 1 with IOC Marketing Division?

Bidders must submit GST, PAN, experience certificates, financial statements, and ₹17,900 EMD along with technical bids demonstrating fleet capacity. Review ATC terms allowing up to 25% quantity/duration changes and ensure fleet readiness for UPSO 1 locations. Include fleet composition and driver compliance evidence.

What documents are required for IOC vehicle hiring bid 2025?

Required documents include GST registration certificate, PAN, experience certificates for vehicle hiring, financial statements, EMD submission proof, technical compliance documents, and OEM authorizations if applicable. Prepare fleet details and driver licenses as part of the technical bid.

What are the key terms for quantity adjustments in IOC tender?

The contract allows up to 25% increase or decrease in quantity or duration at the time of issue and after issuance. Bidders must accept revised quantity or duration if invoked, and adjust staffing and fleet accordingly for UPSO 1 operations.

What is the estimated value and EMD for IOC UPSO vehicle bid 2025?

Estimated contract value is ₹14,292,928.31; EMD amount is ₹17,900. Ensure funds are available and submitted per IOC payment terms with the bid submission package, including documentation of eligibility and fleet readiness.

What are the delivery expectations for IOC vehicle hiring tender?

Delivery is on an as-needed basis with no fixed schedule. Bidders must be prepared to supply vehicles at UPSO 1 and scale up or down per demand. Ensure rapid deployment capability and driver availability to meet peak times.

How to demonstrate fleet capability for IOC procurement 2025?

Provide detailed fleet inventory, vehicle types, seating capacities, maintenance records, insurance coverage, driver qualification and background checks, and compliance with local regulations. Include service-level commitments and turnaround times for on-demand requests.

What standards or ATC documents govern IOC transport tender 2025?

ATC document governs additional terms; bidders should review it for any standards or compliance requirements. Expect references to fleet safety, driver conduct, insurance, and performance guarantees aligned with UPSO 1 service delivery.

Who is the issuing organization for the UPSO 1 vehicle tender?

The tender is issued by Indian Oil Corporation Limited, Marketing Division. Suppliers should align their bids with IOC procurement practices, ensure GST compliance, and submit all mandated documents to participate in the vehicle hiring auction.