Indian Oil Corporation Limited St6100 Tender 2026 Procurement with 25% Quantity Variation Clause

Tender Overview

Indian Oil Corporation Limited invites bids under the St6100 category for an undefined product/service scope with no BOQ items listed. The tender lacks explicit location, dates, or estimated value. A notable feature is the option clause allowing a ±25% quantity adjustment at contract award and during the contract, at contracted rates. Delivery timing aligns with the last date of the original delivery order, with extension logic based on increased quantity. An ATC document has been uploaded by the buyer. This procurement presents compliance with IOC’s governance while awaiting further specification.

Technical Specifications & Requirements

• No technical specifications are provided in the tender data.
• Key available context includes: option clause permitting quantity adjustments up to 25% of bid quantity during and after contract; delivery period adjustments calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days; extended time rules apply.
• A formal ATC document is available for view by bidders; no BOQ items are listed (Total Items: 0).
• The absence of product specs indicates bidders must await further scope from IOC post-bid or rely on ATC guidance.
• Structure encourages bidders to prepare flexible proposals capable of handling variable quantities.

Terms, Conditions & Eligibility

• EMS/EMD details not specified in the provided data; bidders should reference the ATC and IOC procurement rules to determine security requirements.
• The buyer retains the right to adjust quantities by up to 25% at contract placement and during currency, at the same contracted rates.
• Delivery timelines hinge on the last delivery order date, with extended time calculations controlling schedule shifts; minimum interval is 30 days.
• No explicit BOQ items or product-specific eligibility criteria are stated; bidders should await official scope and attach ATC-compliant documentation as per IOC terms.