Tender Overview
Organization: Indian Oil Corporation Limited β Marketing Division; Location: Nashik, Maharashtra 422001; Procurement: Appointment of Agents / Business Facilitators for the State of Assam. No BOQ quantity items listed and no explicit estimated value or EMD provided. The contract framework allows the purchaser to adjust quantities and delivery timeframes within defined limits, making bidder flexibility essential. The ATC terms emphasize option-based quantity variation and delivery period calculations, signaling a dynamic engagement model with potential scope expansion during contract execution. This tender requires bidders to align with standard IOC procurement practices while accommodating fluctuations in demand and delivery sequencing. The unique aspect is the cross-state facilitator model targeting Assam through a Nashik-based procurement channel managed by IOCβs Marketing Division.
Technical Specifications & Requirements
- Option Clause governs quantity adjustments up to 25% of bid quantity at contract placement and during currency of contract at the contracted rates.
- Delivery period starts from the last date of the original delivery order; extended delivery time is calculated as (Additional quantity Γ· Original quantity) Γ Original delivery period, with a minimum of 30 days.
- If the original delivery period is under 30 days, the added time equals the original period; extension may continue up to the original delivery period as the option is exercised.
- The bidder must comply with these option-based delivery terms; explicit product specifications or service scopes are not listed in the BOQ.
- No start/end dates, tender value, or EMD details are provided in the available data, necessitating bidder clarification during pre-bid or tender release.
Terms, Conditions & Eligibility
- EMD/Security: Not specified in the available tender data; bidders should verify if an EMD/Security deposit is required during bid submission.
- Delivery: Delivery period mechanics are defined via the option clause; actual delivery timelines will be calculated at contract award, subject to a minimum 30-day baseline in extended scenarios.
- Experience/Documentation: No explicit experience thresholds or eligibility criteria enumerated in the current data; bidders should await formal tender documents for detailed qualifications.
- Bid Flexibility: Purchaser reserves right to increase/decrease quantity by up to 25% at contract placement and during the currency of the contract, at contracted rates.
- Compliance: Bidders must adhere to the ATC and standard IOC procurement practices; ensure readiness for potential cross-state engagement with Assam and Nashik-based processing.