Indian Oil Corporation Limited ST2098 ST5596 ST4074 ST4062 Tender 2026 India – Procurement Categories & Option Clause

Tender Overview

Indian Oil Corporation Limited invites bids for multiple procurement categories listed as ST2098, ST5596, ST4074 and ST4062. The tender lacks specified product details and BOQ items, with the Estimated Value and EMD not disclosed. The buyer’s terms grant an option to increase/decrease quantity by up to 25% of the bid quantity and contracted quantity. Delivery timelines reference the last date of the original delivery order, with extended periods calculated as a function of increased quantity and original delivery period, with a minimum of 30 days. This tender potentially covers broad equipment or service categories under IOCL procurement, with ATC terms provided by the buyer. Location is not disclosed in the data.

• Organization: Indian Oil Corporation Limited
• Location: India (data not specified)
• Categories: ST2098, ST5596, ST4074, ST4062
• Quantity flexibility: up to 25%; extended delivery time rules apply
• Key differentiator: explicit option clause on quantity and extended delivery with calculated time based on original period

Technical Specifications & Requirements

• No explicit BOQ items or technical specs are provided
• ATC terms permit quantity adjustments up to 25% during contract placement and currency
• Delivery period calculations: additional time = (Increased quantity / Original quantity) × Original delivery period, minimum 30 days
• Original delivery period can be extended to accommodate the option clause; bidder compliance required
• EMD/Estimated value not disclosed; no product standards stated in the data
• No product-specific standards or certifications are listed in the tender data
• Delivery commencement linked to the last date of the original delivery order; extended periods follow the same logic

Terms, Conditions & Eligibility

• The purchaser reserves the right to modify quantity by up to 25% at contract award and during the contract currency
• Delivery timelines must align with the calculated extended period; minimum extension is 30 days if original is shorter
• Bidders must comply with the option clause and delivery-time methodology
• No explicit EMD amount, payment terms, or warranty details are provided in the data
• ATC includes a document viewable by clicking the link; bidders should review for compliance
• The tender data provides no BOQ, enabling a broad scope of potential goods/services under IOCL procurement