GEM

Indian Oil Corporation Limited Danfoss VFD Critical Spares and Drives Tender India 2025

Bid Publish Date

07-Nov-2025, 2:12 pm

Bid End Date

04-Dec-2025, 3:00 pm

Latest Corrigendum Available

Progress

Issue07-Nov-2025, 2:12 pm
Corrigendum25-Nov-2025
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

1

Bid Type

Single Packet Bid

Key Highlights

  • Brand requirement: Danfoss VFD spares and drives
  • Strict GOODS-ONLY scope; no service or installation component stated
  • Option clause enabling up to 25% quantity variation during contract
  • Vendor-code creation requires PAN, GSTIN, cancelled cheque, EFT mandate
  • No BOQ items listed; price and quantity could be determined at contract stage
  • Delivery timelines contingent on original/extended delivery periods

Tender Overview

Indian Oil Corporation Limited seeks procurement of Danfoss make VFD critical spares and drives under a goods-only supply contract. The tender emphasizes optional quantity variations up to 25%, with delivery terms tied to original and extended periods. Key submission items include PAN, GSTIN, canceled cheque, and EFT mandate; the scope is limited to supply of goods, with no BOQ items listed. The opportunity centers on securing authentic Danfoss components for VFD systems, highlighting the need for vendor code creation and financial documentation. The absence of start/end dates and location details means bidders should focus on compliance, brand authenticity, and delivery readiness. This tender highlights IOC’s emphasis on spares for critical drive equipment and leverages the option clause to manage fluctuating demand within contracted rates.

Technical Specifications & Requirements

There are no explicit technical specifications in the data. Available information confirms:

  • Product category: Danfoss make VFD critical spares and drives
  • Scope: Only supply of goods
  • BOQ: 0 items (no quantity details)
  • Brand requirement: Danfoss (brand-specific spares)
  • Delivery/extension mechanism: option clause allows quantity variation up to 25% and delivery time adjustments
  • Documentation for vendor-code creation: PAN, GSTIN, Cancelled Cheque, EFT Mandate
  • No listed standards or performance criteria; bidders must prepare for standard procurement compliance and brand-aligned supply readiness

Terms, Conditions & Eligibility

Key terms include:

  • Option Clause: 25% quantity variation during placement and currency; delivery period adjustments based on extended periods
  • EMD/Security: Not specified in the data
  • Delivery terms: Not specified beyond option-based adjustments
  • Documentation: PAN, GSTIN, Cancelled Cheque, EFT Mandate certified by bank
  • Scope: Goods-only supply; no service component stated
  • Vendor-code submission requirements: as part of bid process
  • BOQ absence indicates potential need for supplier readiness and technical compliance for Danfoss VFD spares

Key Specifications

  • Product: Danfoss make variable frequency drives (VFD) critical spares and drives

  • Scope: Goods-only supply

  • Brand alignment: Danfoss spares (no generic equivalents stated)

  • Quantity: Up to +25% variation during contract; exact quantities to be defined at order

  • Delivery: Based on original and extended delivery periods with calculation formula provided in ATC

  • Documentation: PAN, GSTIN, Cancelled Cheque, EFT Mandate (vendor-code requirements)

Terms & Conditions

  • Option Clause enables 25% quantity flex during and after contract

  • Goods-only scope; no installation or services specified

  • Mandatory vendor-code docs: PAN, GSTIN, Cancelled Cheque, EFT Mandate

Important Clauses

Payment Terms

Not specified in data; bidders should await IOC ATC for terms

Delivery Schedule

Delivery timing tied to original/extended delivery period with calculated extra time

Penalties/Liquidated Damages

Not specified in data; check ATC for LD or penalties

Bidder Eligibility

  • Supplier must provide Danfoss-branded VFD spares

  • Compliance with vendor-code creation requirements (PAN, GSTIN, EFT mandate)

  • Goods-only supply capability with notional flexibility for quantity variation

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Historical Data

Required Documents

1

PAN Card copy

2

GSTIN copy

3

Cancelled Cheque copy

4

EFT Mandate copy certified by Bank

5

Vendor Code Creation documentation

Corrigendum Updates

2 Updates
#1

Update

25-Nov-2025

Extended Deadline

04-Dec-2025, 3:00 pm

Opening Date

04-Dec-2025, 3:30 pm

#2

Update

17-Nov-2025

Extended Deadline

25-Nov-2025, 3:00 pm

Opening Date

25-Nov-2025, 3:30 pm

Frequently Asked Questions

How to bid for Danfoss VFD spares tender in IOC India 2025

Bidders should prepare PAN, GSTIN, cancelled cheque, and EFT Mandate for vendor code creation; ensure Danfoss-branded VFD spares supply capability; understand the option clause allowing up to 25% quantity variation and possible extended delivery periods; submit as GOODS-only supplier with complete technical compliance.

What documents are required for IOC Danfoss VFD tender submission

Required documents include PAN Card copy, GSTIN copy, Cancelled Cheque, and EFT Mandate certified by bank; these enable vendor-code creation and bid eligibility; ensure bank-certified EFT Mandate is current and legible to avoid disqualification.

What is the scope of supply for IOC Danfoss VFD spares tender

Scope is strictly the supply of goods; no installation or services are mentioned; bidders must provide Danfoss-branded VFD spares and drives, with pricing covering all costs for goods only and delivery readiness.

Are there any mandatory standards for Danfoss VFD spares in IOC tender

No specific standards are listed in the data; bidders should rely on Danfoss OEM specifications and IOC ATC; confirm whether IS/ISO codes apply during ATC and ensure product authenticity for spares.

What is the Bid quantity variation allowed in IOC Danfoss tender

The purchaser reserves the right to increase or decrease quantity up to 25% of bid quantity at contract placement and during currency; additional time is calculated by (Increased quantity ÷ Original quantity) × Original delivery period with a minimum of 30 days.

When will IOC require delivery for Danfoss VFD spares

Delivery schedule is tied to the original delivery order and any extended period; bidders must be prepared for delivery adjustments under the option clause and ensure scalable logistics to meet fluctuating demand.

What is the payment terms for IOC Danfoss VFD goods contract

Payment terms are not specified in the available data; bidders should await the ATC for terms such as advance, milestone, or post-delivery payment, and align pricing to include potential variable quantities per contract.

How to verify vendor-code eligibility for IOC spares bid

Submit PAN, GSTIN, Cancelled Cheque, and EFT Mandate to IOC; ensure bank validation and firm registration; verify in the ATC if additional vendor-code verification steps or certifications are required for Danfoss spares.

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