Custom Bid for Services - 850000
Indian Council Of Agricultural Research (icar)
BANGALORE, KARNATAKA
Posted:
29 January 2025
Closed:
19 February 2025
GEM
Tender Overview
Hindustan Petroleum Corporation Ltd invites bids for a Custom Bid for Services with an estimated value of ₹800,000. The procurement scope appears as a service offering under HPCL’s vendor program, with location details not specified. The BOQ shows no items, indicating a potential service-oriented or framework agreement approach. A notable differentiator is the 25% contract quantity/duration adjustment allowed at contract issue or post-issuance, plus an excess settlement option enabling additional charges up to a defined percentage. This tender emphasizes flexibility in scope and invoicing mechanics, and bidders should align to HPCL’s ATC terms. The opportunity originates from a major Indian energy corporation seeking external service support within its procurement framework, with emphasis on governance and compliance under standard buyer terms.
Technical Specifications & Requirements
- Contract quantity/duration adjustment up to 25% at contract issue and post-issuance.
- Excess settlement enables additional charges up to a specified percentage of the item-level total value, with mandatory supporting documents during invoice creation.
- No BOQ items are listed, indicating either a service-based framework or supplier-driven scope definition.
- EMD amount not disclosed in the available data; bidders should confirm with HPCL during bid clarification.
- ATC document uploaded by the buyer may contain additional conditions; bidders must review it prior to submission.
- The tender category is Custom Bid for Services; ensure alignment with service delivery terms and invoicing practices in line with HPCL policies.
Terms, Conditions & Eligibility
- Option Clause allows up to 25% variation in quantity or duration at contract issue; bid acceptance of revised scope is mandatory.
- Excess settlement option permits additional charges up to the defined percentage on top of item-level totals, with documented eligibility requirements for invoicing.
- EMD details are not provided in the current data; bidders should seek official clarification from HPCL.
- ATC document exists; bidders must review and comply with any additional terms.
- No BOQ items are listed, implying a potentially flexible service framework rather than a fixed-item purchase.
