Indian Oil Corporation Limited Repair/Maintenance/Installation Tender Industry Unit 2025 – 25% Quantity/Duration Option

Tender Overview

Indian Oil Corporation Limited invites bids for Repair, Maintenance and Installation of Plant/Systems/Equipment under the Industry Unit category. The tender references ongoing maintenance services with potential quantity or duration adjustments up to 25% at contract issuance, and negotiated optional invoicing adjustments under an excess settlement mechanism. While BOQ items and exact values are not disclosed, the scope emphasizes service delivery, installation support, and ongoing maintenance across IOCL facilities. The key differentiator is the flexible quantity/duration modification and the service-level escalation handling embedded in the award terms. Bidders should align with IOCL’s governance for supplier changes and invoicing processes.

Technical Specifications & Requirements

• No explicit BOQ items or technical specifications are published. Expect service categories aligned to plant/system maintenance, retrofit, or installation tasks within IOCL facilities.
• Prospective bidders should prepare for generic maintenance capabilities, field service responsiveness, and installation support across plant systems.
• The terms highlight an Excess Settlement option in invoicing, allowing additional charges up to a specified percentage of the item-level total value, with mandatory supporting documents to accompany invoiced addons.
• Emphasis on service delivery performance, warranty/support considerations, and coordination with IOCL engineering and procurement teams.
• Although exact standards are not listed, bidders should be ready to demonstrate prior plant maintenance experience and capability to scale up to 25% more quantity or duration.

Terms, Conditions & Eligibility

• Optional Quantity/Duration Adjustment: up to 25% at contract issue; post-issue adjustments allowed within the same cap.
• Excess Settlement: bidders may declare applicability of add-on charges; invoice total must stay within the specified excess settlement percentage with required supporting documents.
• No BOQ data available; bidders should be prepared for IOCL’s standard supplier onboarding, compliance, and invoicing processes, including documentation submission and governance checks.