Bid Publish Date
09-May-2026, 10:36 am
Bid End Date
12-Jun-2026, 2:00 pm
EMD
₹8,56,000
Value
₹12,12,45,416
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
Organization: Chennai Petroleum Corporation Limited. Product/Service: Selection of Payment Service Provider (PSP) for CPCL Retail Outlets. Estimated value: ₹121,245,415.20 with an EMD of ₹856,000. No BOQ items are listed. Location not specified; bidders should align with CPCL’s retail payment services scope. Tender allows a ±25% variation in contract quantity or duration at issuance and post-issuance, requiring bidder acceptance of revised terms. Bidders must submit a lumpsum price inclusive of GST, plus a separate MS-Excel price breakup that must coincide with the GeM quote. If discrepancies arise, GeM quotation will prevail. The ATC emphasizes price alignment and evaluation methodologies from the tender document.
PSP services for CPCL Retail Outlets
Estimated contract value: ₹121,245,415.20
EMD: ₹856,000
Lump Sum price inclusive of GST
Price breakup in MS-Excel to align with GeM quote
Contract variation: ±25% in quantity or duration
EMD amount and payment terms to be confirmed; submit with bid
Lump-sum price inclusive of GST; provide Excel breakup
Contract quantity/duration may change by ±25%
Lump-sum price inclusive of GST; ongoing payments per contract terms with standard GeM ATC guidance
Not specified in data; respond with PSP deployment plan for CPCL retail network per tender guidance
Not detailed in data; bidders should review GeM ATC for LD provisions and SLAs
Experience in providing payment service solutions or PSP deployments
Demonstrable financial stability (2–3 years of financials)
GST compliance and valid regulatory authorizations for payment services
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
Yes
Item Category
Custom Bid for Services - CPCLV26128 Selection of Payment Service Provider (PSP) for CPCL Retail Outlets
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Main Document
OTHER
SCOPE_OF_WORK
OTHER
PAYMENT
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Chennai Petroleum Corporation Limited
TIRUVALLUR, TAMIL NADU
National Informatics Centre (nic)
CENTRAL DELHI, DELHI
Chennai Petroleum Corporation Limited
TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
TIRUVALLUR, TAMIL NADU
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GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar PSP or payment services deployments
Financial statements (balance sheet, P&L) for the last 2–3 years
EMD deposit receipt or online payment confirmation
Technical bid documents demonstrating PSP capabilities
OEM authorizations or certifications (if applicable)
Any relevant licenses or approvals for payment service operations
Extended Deadline
12-Jun-2026, 2:00 pm
Opening Date
12-Jun-2026, 2:30 pm
Extended Deadline
30-May-2026, 2:00 pm
Opening Date
30-May-2026, 2:30 pm
Key insights about TAMIL NADU tender market
Bidders must register on GeM, submit the Lump Sum price inclusive of GST, provide an MS-Excel price breakup, and attach required documents (GST, PAN, experience, financials, EMD). The contract allows ±25% variation in quantity/duration; ensure readiness to accept revised terms.
Submit GST registration, PAN card, last 2–3 years financial statements, experience certificates for PSP deployments, EMD of ₹856,000, technical bid documents, and any OEM authorizations. Ensure all documents align with GeM ATC and tender methodology.
The EMD is ₹856,000. Submit via online payment or as specified by GeM; ensure EMD validity through bid submission and maintain in the escrow account until contract award.
Quote a Lumpsum price inclusive of GST in GeM; provide an MS-Excel price breakup that aligns with the GeM quote. In case of rate variance, GeM quotation will be treated as final.
Provide PSP capabilities documentation and any relevant regulatory licenses for payment services; ensure GST compliance and financial stability evidence; OEM authorizations if you operate under a particular brand.
Contract quantity or duration may be adjusted by up to ±25% at the time of contract issue and after issuance; bidders must accept revised terms without dispute.
Refer to the tender document for the explicit evaluation methodology; the ATC requires alignment of Excel breakups with the GeM lump-sum quote and confirms GeM as final in case of variance.
Tender pertains to CPCL Retail Outlets; location details are not specified in the provided data. Bidders should anticipate deployment across CPCL retail networks as per CPCL requirements.
Chennai Petroleum Corporation Limited
📍 TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
📍 TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
📍 TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
📍 TIRUVALLUR, TAMIL NADU
Chennai Petroleum Corporation Limited
📍 TIRUVALLUR, TAMIL NADU
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Main Document
OTHER
SCOPE_OF_WORK
OTHER
PAYMENT
OTHER
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS