Indian Oil Corporation Limited Goods Supply Tender 2026 - ISM/ATC Compliant Supply of Goods 2026

Tender Overview

Indian Oil Corporation Limited invites bids for the supply of goods under a 33-item BOQ, with no explicit product category clarified in the data. The scope is strictly Supply of Goods with a permissive quantity variation clause allowing up to 25% increase at contract and during currency. The tender references multiple 5390xxx product codes and involves GST considerations managed by bidders. No specific location or end-user site is stated, requiring bidders to verify site details via the tender portal. A notable differentiator is the explicit option-clause governing delivery timelines linked to quantity changes; this requires a robust logistics plan to absorb fluctuating orders while maintaining contract rates. The ATC indicates a bidder-uploaded file for additional terms; bidders should review the uploaded ATC document for any extra requirements.

Targeted bidders should prepare for a supply-only procurement with potential scale-up and currency of contract implications, and ensure readiness to adapt to quantity fluctuations per the option clause.

Technical Specifications & Requirements

• Scope: 33 BOQ items; no explicit product specs provided in the data; procurement is limited to the supply of goods.
• Delivery/Quantity Flexibility: Up to 25% quantity variation at order placement and during contract currency; delivery timelines start from the last date of the original delivery order. If exercised, additional time = (Increased quantity / Original quantity) × Original delivery period, with a minimum of 30 days.
• GST: Bidders must determine and quote GST; reimbursement as per actuals or applicable rates, limited to quoted GST percentage.
• ATC: Bidder must review and upload any additional terms documented in the Buyer-added ATC.
• BOQ: 33 items listed; specific quantities/units are not disclosed in the provided data.
• Scope Note: All costs included in bid price; no separate goods procurement beyond supply.

Terms, Conditions & Eligibility

• EMD/Financial Standing: Not specified in the data; bidders must ensure no liquidation or bankruptcy and may need to upload an undertaking per bid documents.
• Delivery Terms: Quantity variation clause allows up to 25% change; delivery start from last original delivery order; extended delivery time formula with a 30-day minimum.
• GST Compliance: Bidder responsible for GST; reimbursement governed by actuals or applicable rates; source of GST to be determined by bidder.
• Documentation: Upload certificates and documents sought in Bid Document, ATC, Corrigendum; failure to upload can lead to rejection.
• Scope Clarification: Only supply of goods; no installation or service elements included unless stated in ATC.