GEM

IOCL Panipat Heavy Equipment Hiring Tender 25 Units Panipat Haryana 25% Quantity Flexibility 2025

Bid Publish Date

03-Dec-2025, 3:34 pm

Bid End Date

24-Dec-2025, 2:00 pm

EMD

₹4,93,000

Value

₹19,69,32,700

Location

PANIPAT , HARYANA

Progress

Issue03-Dec-2025, 3:34 pm
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Two Packet Bid

Categories 2

SERVICES GOLD COIN

Tender Overview

Organization: Indian Oil Corporation Limited – IOCL Panipat Refinery. Procurement: Rate Contract for Hiring of Heavy Equipments in a package of 25 units at the Panipat Refinery and Petrochemical Complex, Panipat, Haryana. Estimated value: ₹196,932,696.07; EMD: ₹493,000. The contract includes 25% quantity/duration flexibility at issuance and post-issuance as per the Buyer's option clause. Premium risk controls include non-assignment and non-sub-contract without consent, with joint liability remains with Seller. Local preferences under MSE and Make in India apply.

Technical Specifications & Requirements

  • No formal technical specifications provided in BOQ. Tender focuses on service of heavy equipment hiring, undisclosed itemized list, and project scope at Panipat Refinery & Petrochemical Complex.
  • Key eligibility cues include non-liquidation, no bankruptcy, and demonstrable capability to mobilize up to 25 heavy equipment units.
  • Terms indicate 25% bid quantity/duration flex, and OEM/Service-provider eligibility for Make in India/MSE preferences.
  • EMD amount and security terms imply financial integrity and bid seriousness; no itemized ISI/ISO specs are stated.
  • Required compliance may include project execution capacity, maintenance support, and adherence to IOCL safety/environmental standards.

Terms, Conditions & Eligibility

  • EMD: ₹493,000; payment conditions follow IOCL norms (not specified in excerpt).
  • Experience/Turnover: Not explicitly quantified; bidders must demonstrate ability to hire heavy equipment fleets.
  • Delivery/Execution: 25% quantity/duration flex at bid/contract issuance; contractor remains liable for performance.
  • Payment Terms: Not detailed in excerpt; typical industry terms apply.
  • Documents Required: GST, PAN, experience certificates, financial statements, EMD, technical bid, OEM authorizations; MSE/OEM evidence for Make in India priority.
  • Penalties/Warranty: Not specified; purchase preference provisions apply for MSE and local content.

Key Specifications

  • Product/Service: Heavy equipment hiring for 25 units at IOCL Panipat Refinery & Petrochemical Complex

  • Estimated value: ₹196,932,696.07

  • EMD: ₹493,000

  • Delivery/Deployment: 25% quantity/duration flex at contract issue

  • Eligibility: Non-liquidation, not bankrupt; ability to deploy fleet and provide maintenance

  • Preference: MSE and Make in India as per policy; OEM-based submissions required for local content

Terms & Conditions

  • Key term: 25% quantity/duration flex at contract issue and during execution

  • Key term: EMD amount ₹493,000; bidding requires financial integrity

  • Key term: MSE and Make in India purchase preferences applicable with documentary evidence

Important Clauses

Payment Terms

EMD required; explicit payment terms not detailed; follow IOCL standard purchase terms

Delivery Schedule

Contract allows up to 25% adjustment in quantity/duration at issuance and adjustability post-issuance

Penalties/Liquidated Damages

Not specified in excerpt; standard IOCL penalties to apply for non-performance or delay per contract

Bidder Eligibility

  • Not under liquidation or bankruptcy; bidder must upload an undertaking

  • Must be able to deploy 25 heavy equipment units and provide maintenance/after-sales support

  • OEM authorization or service-provider credentials required for Make in India/MSE preferences

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Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for similar heavy equipment hiring

4

Financial statements / turn over evidence

5

EMD submission document (₹493,000)

6

Technical bid documents demonstrating fleet capability

7

OEM authorization / dealership certificates (where applicable)

8

Make in India / MSE documentation evidencing local content and eligibility

Frequently Asked Questions

Key insights about HARYANA tender market

How to bid for IOCL Panipat heavy equipment tender in Haryana 2025

Bidders must submit GST, PAN, experience certificates, financial statements, EMD ₹493,000, and a technical bid with fleet capability. Demonstrate deployment capacity for 25 heavy equipment units and provide OEM authorizations if applicable. Ensure compliance with Make in India/MSE preferences and bid quantity/duration flex up to 25%.

What are the eligibility criteria for IOCL Panipat equipment hiring bid

Eligible bidders must not be in liquidation or bankrupt; provide undertaking to this effect. They must demonstrate ability to deploy the full 25-unit fleet, maintain equipment, and comply with OEM or service-provider requirements for local content under Make in India/ MSE policies.

Which documents are required for IOCL Panipat tender submission

Submit GST and PAN, past experience certificates for similar heavy equipment hiring, financial statements, EMD submission proof, technical bid detailing fleet, and OEM authorizations where applicable. Include MSE documentation to support Make in India preferences.

What is the EMD amount for the IOCL Panipat procurement

The EMD for this heavy equipment hiring tender is ₹493,000. Submit through the prescribed channel with your bid; ensure funds are valid and encashed only on bid acceptance by IOCL Panipat Refinery.

What is the delivery/timeline requirement for IOCL Panipat heavy equipment

The contract allows a 25% flex in quantity or duration at contract issuance. Bidders should be prepared to mobilize and deploy up to 25 units promptly, with ongoing maintenance support as per IOCL terms following contract award.

How do Make in India and MSE preferences apply to this bid

Preferences apply per the Centre's policy: Class 1 local supplier requires minimum 50% local content with OEM certificate. MSE bidders may receive price matching opportunities if within L-1+15% margin; ensure documentary evidence is uploaded with bid.

What standards or certifications are expected for hiring services

The tender excerpt does not specify specific technical standards. However, bidders should provide OEM authorizations, service capability certificates, and comply with IOCL safety and environmental requirements for heavy equipment deployments at Panipat.

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