GEM

IOCL Procurement of mandatory and life cycle spares for Vertiv Energy Private Limited – India 2025

Bid Publish Date

20-Nov-2025, 3:46 pm

Bid End Date

01-Dec-2025, 4:00 pm

Bid Opening Date

01-Dec-2025, 4:30 pm

Progress

Issue20-Nov-2025, 3:46 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Tender Overview

Organization: Indian Oil Corporation Limited. Product/Service: procurement of mandatory and life cycle spares for M/s Vertiv Energy Private Limited. Location: India (tender in India). Scope: supply of goods only, with potential quantity adjustment up to 25% during contract; delivery timelines extendable with calculation formula. Estimated value / EMD: not disclosed in provided data. The ATC is available via the uploaded document. This tender emphasizes a flexible quantity regime and vendor-code creation prerequisites as part of bid submission.

Technical Specifications & Requirements

No technical specifications are published in the available data. Critical context derives from bid terms:

  • Scope: Only supply of goods (no services or installation).
  • Delivery flexibility: Option to increase/decrease quantity by up to 25% at contract placement and during currency at contracted rates.
  • ATC Availability: Buyer-uploaded ATC document linked to the tender.
  • Vendor-code creation documents: To be submitted with bid (see documents section).
  • Pre-bid data missing: No itemized BOQ items or technical performance criteria in the provided data.

Terms, Conditions & Eligibility

  • EMD: Not disclosed in the shared data.
  • Delivery timeline: Delivery period begins after the last date of the original delivery order; time extension rules defined by the option clause with minimum 30 days.
  • Documents required for bid: PAN Card, GSTIN, Cancelled Cheque, EFT Mandate certified by bank.
  • Scope of supply: Bid price to include all cost components for Goods only.
  • Bid terms: Compliance with the option clause; bidder must submit vendor-code related documents with bid.

Key Specifications

  • Product category: mandatory and life cycle spares for Vertiv Energy Private Limited

  • Scope: supply of goods only

  • Quantity adjustment: ±25% during contract and at placement

  • Delivery timing rule: based on last date of original delivery order; extended period formula

  • ATC: Buyer-uploaded ATC document

  • Vendor-code creation documentation including PAN, GSTIN, EFT mandate

Terms & Conditions

  • Option clause allows ±25% quantity adjustment at contract initiation and during currency

  • Delivery period calculation includes minimum 30 days with extended delivery logic

  • Submission requires PAN, GSTIN, cancelled cheque and bank EFT mandate

Important Clauses

Payment Terms

Not specified in provided data; ATC may define terms in vendor agreement

Delivery Schedule

Delivery period starts from last date of original delivery order; extension governed by option clause with minimum 30 days

Penalties/Liquidated Damages

Not specified in available terms; to be checked in ATC

Bidder Eligibility

  • Submit vendor-code creation documents with bid

  • Provide PAN and GSTIN copies

  • Provide EFT Mandate certified by bank

  • Affirm capability to supply goods only for Vertiv energy spares

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Historical Data

Required Documents

1

PAN Card

2

GSTIN

3

Cancelled Cheque

4

EFT Mandate certified by Bank

5

Any documents required for vendor-code creation

6

Technical bid documents and OEM authorizations (if applicable)

Frequently Asked Questions

How to bid for IOCL Vertiv spares tender in India 2025

Bidders should prepare PAN, GSTIN, cancelled cheque, and bank EFT mandate, plus vendor-code creation documents. The scope is goods-only for Vertiv energy spares with quantity flexibility up to 25%. Review the uploaded ATC for terms, and ensure delivery timelines follow the original order date and extension rules.

What documents are required for IOCL spare parts bid in India

Submit PAN, GSTIN, cancelled cheque, and EFT mandate certified by bank, plus any OEM authorizations and technical bid documents. This set enables vendor-code creation for participation in the Vertiv spares procurement.

What are the delivery terms for IOCL Vertiv spares tender

Delivery starts from the last date of the original delivery order. If quantity is increased, the extended time is calculated as (Additional quantity / Original quantity) × Original delivery period, with a minimum of 30 days.

What is the scope of supply for IOCL Vertiv spares tender

The scope specifies supply of goods only. There is no service or installation component. All costs must be included in the bid price for the overall contractual quantity.

What is the contract quantity adjustment clause for IOCL bid

The purchaser may adjust quantity by ±25% at contract placement and during the currency, with rates held contractually. This requires bidders to plan for flexible stocking and delivery planning.

Where can I find the ATC for IOCL vertiv spares tender

The ATC is uploaded by the buyer and linked in the tender documents. Bidders should download and review it to confirm standards, penalties, and any additional terms.

What are the prerequisites for vendor-code creation in this IOCL tender

Submit PAN, GSTIN, cancelled cheque, and EFT Mandate to initiate vendor-code. Ensure bank certification aligns with the tender’s financial onboarding requirements.

Is there a guaranteed delivery timeline for IOCL spares

Delivery periods are defined by the original delivery order and may extend per the option clause. Minimum extension time is 30 days, and exact schedules depend on order quantities and contract terms.

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