Tender Overview
Indian Oil Corporation Limited invites bids for procurement of Refrigeration oil Heavy (ROH/VG100) Base Oil in Mumbai, Maharashtra. While the exact quantity and estimated value are not disclosed, the tender references an option clause permitting up to 25% quantity variation at contracted rates. The procurement location is Mumbai (400002). The ATC terms govern delivery extensions tied to option quantities, with calculations based on (increased quantity รท original quantity) ร original delivery period, minimum 30 days. Bidders should note the absence of BOQ items and unspecified start/end dates. This tender is framed within IOCโs standard procurement practices and may include ATC files to view for additional compliance details.
Technical Specifications & Requirements
- Category: Refrigeration oil Heavy (ROH/VG100) Base Oil
- Product scope: Base oil for refrigeration applications (no formal specs provided in the excerpt)
- BOQ: 0 items; no itemized quantity data available
- Standards/quality: Not specified in the provided data; bidders should review the ATC document to identify any implied quality expectations
- Delivery framework: Option-based quantity adjustments up to 25%; delivery period adjustments rely on the formula: (Increased quantity รท Original quantity) ร Original delivery period, with a minimum of 30 days
- Documentation: ATC file referenced for terms; no explicit technical standards in the data
Terms, Conditions & Eligibility
- Option Clause: Purchaser may increase/decrease quantity up to 25% at contracted rates during or after contract; delivery time adjusts accordingly
- Delivery start tied to last date of original delivery order; extended delivery requires recalculated time with a minimum of 30 days
- Compliance: Bidders must adhere to the option clause and related delivery time computations as stipulated
- BOQ absence: No BOQ items; verify via ATC document to confirm any hidden clauses or requirements
- EMD/financial details: Not provided in the excerpt; ensure to verify in the official terms and conditions
