Indian Oil Corporation Limited Freight Forwarder Services for export of Lube barrels Chennai to international ports 2026

Tender Overview

Organization: Indian Oil Corporation Limited. Product/Service: Freight Forwarder services for export of lube barrels, bulk in flexies, and smalls in 20/40 ft containers. Route scope includes Chennai Port to Hai Phong (Vietnam), Port Louis (Mauritius), Manila (Philippines), George Town (Guyana), and Port of Spain (Trinidad & Tobago) for June 2026. Estimated value: ₹3,306,013.08. Start/End dates: June 2026 window; only IOCL-approved bidders are eligible per internal empanelment. Key differentiator: internal pre-qualification restricting bid participation to listed vendors; 25% quantity/duration flexibility at contract issue. This tender focuses on multi-port sea freight forwarding of lubricant cargo with limited BOQ data provided.

Technical Specifications & Requirements

• Category: Custom Bid for Freight Forwarder services for export consignments in 20/40 ft sea containers.
• Cargo: Lube barrels, bulk in flexies, smalls.
• Container types: 20 ft and 40 ft sea containers.
• Routes & destinations: Chennai Port to Vietnam (Hai Phong), Mauritius (Port Louis), Philippines (Manila), Guyana (George Town), Trinidad & Tobago (Port of Spain).
• Timing: Service window limited to June 2026.
• EMD/financials: Not specified in data; however, EMD usually accompanies IOCL freight tenders; bidders must be IOCL-approved.
• Standards/Compliance: Not explicitly listed; emphasis on approved bidders and em-pol requirements from IOCL processes.
• BOQ: No items listed; tender centers on service capability and route handling.
• Experience: Preference for pre-approved logistics partners within IOCL vendor ecosystem.
• Penalties/Performance: Not specified in available terms; contractual penalties would follow IOCL practices.

Terms, Conditions & Eligibility

• EMD: Not explicitly stated in provided terms; bidders should verify IOCL tender portal guidance.
• Eligibility: Bidders must be internally approved IOCL vendors; non-approved bidders will be treated as unsolicited offers and rejected.
• Delivery timeline: Forwarding services required for June 2026 window; no downstream delivery KPIs specified here.
• Contract flexibility: Option Clause permits up to 25% increase in quantity or duration at contract issue; post-issue increase capped at 25%.
• Documents: Emphasis on empanelment confirmation from IOCL; typical submissions likely include GST, PAN, financials, and prior logistics certifications, though not explicitly enumerated.
• Warranty/Support: Not specified in data; standard freight forwarder agreements would apply.