Hindustan Petroleum Corporation Ltd Liquid Propane Tender Procurement 2026 India - GST, 25% Quantity Option, IS/IS-Compliant

Tender Overview

Hindustan Petroleum Corporation Ltd invites bids for the procurement of Liquid Propane. The scope is limited to the supply of goods with an estimated value and EMD not disclosed. The tender allows an option to increase or decrease quantity up to 25% of the bid quantity at contract award and during the currency of the contract at contracted rates. Delivery timelines reference the last delivery order date, with a minimum additional time of 30 days if options are exercised. The scope emphasizes supply of LPG and related logistics without installation work. This tender emphasizes flexibility in order quantity and clearly links delivery time to execution of original and extended orders. The procurement is positioned as a standard goods supply contract under HPCL’s procurement category with emphasis on timely delivery and quantity adjustment within the option window.

Technical Specifications & Requirements

• Product: Liquid Propane
• Delivery model: Supply of goods only; no installation or service work
• Delivery timeline: Calculated from the last date of the original delivery order; minimum additional time 30 days if option exercised
• Quantity variance: Up to 25% increase/decrease during contract; extended delivery period permitted with proportionate timing
• GST handling: Bidder to determine applicable GST; reimbursement as per actuals or applicable rates, whichever is lower, up to quoted GST %
• Invoicing: Invoice in the name of the consignee with consignee GSTIN
• ATC/ATC Clause: Buyer uploaded ATC document; exact terms linked to procurement rules
• Scope of supply: Bid price includes all costs; only supply of goods

Terms, Conditions & Eligibility

• Pre-Qualification Financial Criterion: Average annual turnover over last 3 years ending 31st March 2025 must be at least ₹3.25 Lakhs; standalone financials considered for companies; average turnover computed as sum of three years divided by three
• Technical Criterion: Bidder must have experience of success in relevant LPG/supply projects (exact scope not fully specified)
• Bid Documents: Required to submit PAN, GSTIN, cancelled cheque, and EFT mandate certified by bank for vendor code creation
• Invoice requirement: Invoice must be raised in the consignee’s name with consignee GSTIN
• Scope clause: Bid price must cover all costs; no installation duties mentioned
• GST and payments: GST applicability to be checked by bidder; payment terms follow organization policy; GST reimbursement as described
• Delivery/terms risk: Quantity and delivery terms governed by option clause and original delivery schedule; terms must be complied with strictly