Hindustan Petroleum Corporation Ltd MASONEILAN CV SPARES Tender 2026 India - 25% Quantity Option Clause & GST Compliance

Tender Overview

Hindustan Petroleum Corporation Ltd invites bids for MASONEILAN CV SPARES with no BOQ items published. The scope is Supply of Goods only, with no end-user installation specified. The tender notes a potential quantity variation of up to 25% during and after contract award, using contracted rates and a delivery timeline to be calculated from the original delivery window. Bidders should account for GST considerations and ensure invoices are issued in the consignee name with the consignee GSTIN. The ATC document is uploaded for bidder reference, signaling standard procurement procedures and risk sharing during contract execution. This procurement focuses on material spares for MASONEILAN equipment and leverages standard ATC terms, without a defined unit count or BOQ schedule in the available data.

Technical Specifications & Requirements

• Scope of supply: Only supply of goods (no installation or services)
• Option clause: Quantity may be increased up to 25% of contracted quantity during currency; delivery calculations based on (additional quantity ÷ original quantity) × original delivery period, minimum 30 days
• GST handling: Bidders must verify GST; reimbursements assessed per actuals or lower applicable rate; invoice must reflect consignee GSTIN
• ATC reference: Buyer-uploaded ATC document governs terms; bidders should review for compliance and documentation alignment
• Delivery timing: Delivery period tied to original order schedule; extended periods trigger calculated time extensions
• Payment terms: Not explicitly detailed in the available data; standard procurement practice applies
• BOQ status: No items listed in the current BOQ; procurement appears to target generic MASONEILAN CV spare parts

Terms, Conditions & Eligibility

• GST advisory: Bidders to check applicable GST on their quotation; reimbursement follows actuals or lower applicable rate
• Invoice routing: Invoices must be raised in the name of the consignee with the consignee GSTIN
• Scope clause: Bid price must cover all cost components for the supply of goods only
• Option clause compliance: Bidder must comply with 25% variation provisions during/after contract
• ATC document: Mandatory review of uploaded ATC for contractual obligations
• Delivery terms: Delivery period calculations linked to original delivery order and extended period rules
• Order mechanics: No explicit BOQ items; bidders should anticipate generic MASONEILAN CV spare parts procurement