Indian Oil Corporation Limited Goods Supply Tender 2026-27 India - 8 Item BOQ, Estimated ₹36,016,853.12, GST Terms

Bidders should submit PAN, GSTIN, Cancelled Cheque, and EFT Mandate for vendor code creation; ensure GST handling aligns with IOCL ATC and that the bid includes all goods supply costs; review the 25% option clause and delivery timing from last order date.

Submit PAN, GSTIN, Cancelled Cheque, and EFT Mandate certified by your bank; ensure GST registration is active; provide bank details for EFT payments; these documents are mandatory before bid submission according to IOCL ATC.

Delivery starts from the last date of the original delivery order; if quantity increases, delivery time scales by (additional quantity/original quantity) × original period, with a minimum of 30 days; extensions may occur up to the original delivery period.

The estimated value is ₹36,016,853.12 for the complete scope; bidders should price accordingly and consider the 25% quantity variation clause when calculating risk and profitability.

GST is to be determined by the bidder; IOCL will reimburse GST at actuals or the lower of the quoted GST rate; ensure tax treatment is clearly reflected in the bid pricing to avoid variances on settlement.

Scope is strictly the supply of goods; no installation or after-sales service components are specified in the data; ensure your bid covers all cost components within the goods supply price.