Tender Overview
Organization: Bharat Petroleum Corporation Ltd. The procurement target is chemical rubber latex with 60% dry content under a 4-month rate contract for delivery to Ernakulam, Kerala 682001. Estimated value not disclosed; EMD: ₹250,000. The contract includes an option clause allowing quantity fluctuation up to ±25% of bid quantity at contract award and during currency, with adjusted delivery timelines. Unique clause requires bidders to comply with extension calculations based on original vs increased quantities, applying minimum 30 days if extension is invoked. This opportunity is anchored in BPCL’s procurement framework with ATC documentation uploaded by the buyer.
Technical Specifications & Requirements
- Product/service name: Chem Rubber Latex with 60% dry content
- Delivery duration framework: four-month rate contract; delivery timeframes governed by option clause and last delivery date
- Quantity scope: not disclosed; option to increase/decrease up to 25% during contract and at placement
- EMD: ₹250,000; payment terms not detailed in available data
- Standards/Compliance: no technical specifications provided in tender; ATC document available for reference
- BOQ status: No items listed; no line items shown in BOQ
- Location: Ernakulam, Kerala; delivery to BPCL facility per terms of contract
- Key differentiator: explicit quantityFlexibility; extended delivery rules; mandatory ATC adherence
- Risk/uncertainty: lack of explicit material specs, delivery schedules, or warranty data requires bidder clarification through ATC and terms
Terms, Conditions & Eligibility
- EMD: ₹250,000 as security deposit (mode not specified)
- Option clause: ±25% quantity change at buy-side discretion; extended delivery period based on (Increase/Original) × Original days with a minimum 30 days
- Delivery terms: final delivery schedule tied to original delivery period; extension rules apply during currency
- ATC requirement: Bidder must view and adhere to Buyer Added ATC uploaded document
- Documentation: standard bid submission with ATC compliance; GST/PAN/experience not explicitly listed in available data
- Tender risk: No BOQ items; opaque value and delivery milestones; bidders should seek clarifications
- BPCL procurement rules remain applicable; ensure readiness to adapt to quantity fluctuations and delivery timing