Progress
Indian Oil Corporation Limited invites bids for the procurement of a DRESSER POSITIONER. The tender documents indicate an option clause permitting quantity adjustments up to 25% of the bid quantity at contract award and during the contract period at contracted rates. The delivery timeline is tied to the original delivery period, with time extensions calculated by a specified formula and a minimum of 30 days. The opportunity includes a viewable ATC document and no BOQ items are listed in the current data. This tender emphasizes compliance with the purchaser’s option-based delivery expansion and contract continuity terms, differentiating it through the ATC document and potential volume flexibility.
DRESSER POSITIONER as the primary equipment
Potential quantity variation up to 25% during contract
Delivery period as per original/extended terms with minimum 30 days
ATC document required for compliance checks
No listed BOQ items in current tender data
Option to adjust quantity by up to 25% at contracted rates
Delivery time extensions based on a defined formula with minimum 30 days
Mandatory review of uploaded ATC document for bid compliance
Delivery begins from the last date of original delivery order; extension time = (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
Purchaser may increase/decrease quantity up to 25% during contract at contracted rates
Bidder must view and comply with terms in the uploaded ATC document
Proven experience in supplying dresser-positioner or similar equipment
Financial capability to handle contract value with 25% quantity adjustments
Successful submission of mandatory documents (GST, PAN, experience certificates, financials, EMD as applicable)
Quantity
1
Bid Type
Single Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
Yes
Tech Clarification Time
5 Days
EMD Required
No
MII Purchase Preference
No
MSE Purchase Preference
No
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
Yes (Mediation clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 mediation clause should not be routinely included in contracts and pre- litigation mediation can be taken up without any such clause also
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
DRESSER POSITIONER
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Max Delivery Days
120
Delivery Locations
1
Delivery Cities
Vadodara
Delivery Pincodes
391320
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| SOUMEN HAZRA | 391320,P.O Jawaharnagar 391320 | Vadodara | Gujarat | 391320 | 1 | 120 | - |
End-to-end support — bid preparation, GeM registration, document filing & compliance by industry experts.
Free consultation · 24h response
Main Document
OTHER
OTHER
OTHER
OTHER
OTHER
ATC
GEM_GENERAL_TERMS_AND_CONDITIONS
Discover companies most likely to bid on this tender
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates demonstrating relevant DRESSER POSITIONER procurement or similar equipment
Financial statements showing financial stability
EMD/Security deposit documentation (if applicable per ATC)
Technical bid documents referencing ATC compliance
OEM authorization certificates (if applicable)
Key insights about GUJARAT tender market
Bidders must review the ATC document, submit GST, PAN, experience certificates, and financials, and comply with the 25% quantity variation clause. Ensure bid is aligned to delivery terms, including the minimum 30-day extension and the original delivery period. Prepare EMD documents if specified in ATC.
Required documents include GST registration, PAN, experience certificates for related equipment supply, financial statements, EMD/Security deposit details, OEM authorizations where applicable, and technical bid referencing ATC terms. Ensure all documents are current and duly signed.
Delivery starts from the last date of the original delivery order. If quantities increase, extension time is computed as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days. The purchaser may extend to the original delivery period under the option clause.
The purchaser may adjust order quantity up or down by up to 25% of the bid quantity at contracted rates, both at contract award and during contract execution, necessitating capacity planning and flexible procurement readiness.
An ATC document is uploaded by the IOCL buyer; bidders should click the ATC link in the tender portal to review all conditionals, compliance requirements, and any special clauses affecting bid submission and performance.
Demonstrate relevant experience in supplying dresser-positioner or similar equipment, provide financial statements proving stability, submit GST and PAN, and attach OEM authorizations if required. Ensure the bid aligns with ATC terms and delivery extensions where applicable.
Key points include reviewing ATC, ensuring 25% quantity variation readiness, preparing EMD if mandated, validating delivery timelines with the original and extended periods, and compiling all mandatory documents for bidder submission in alignment with IOCL procurement guidelines.
The tender data does not list explicit standards; bidders should refer to the ATC for any required certifications and ensure their gear meets IOCL-specified compliance, with OEM authorizations and quality assurances documented in the submission.