IOCL Panipat Refinery Custom Bid for Services - Inspection, Repair, Refurbishment of WGC Dry Gas Seals 2025
Iocl- Panipat Refinery
PANIPAT, HARYANA
Bid Publish Date
03-Dec-2025, 4:47 pm
Bid End Date
23-Dec-2025, 5:00 pm
Location
Progress
Quantity
1
Bid Type
Two Packet Bid
Organization: Hindustan Petroleum Corporation Ltd (HPCL), Mumbai, Maharashtra. Procurement: Bearing inspection and Dry gas seal replacement for a Recycle Gas compressor under a custom service bid. Location: Mumbai (400002). Estimated value: Not disclosed; EMD: not disclosed in tender data. Delivery scope: Overhaul and replacement as specified by HPCL terms, with a 12-day completion target from handover. Key differentiator: specific service scope combining bearing inspection with dry gas seal replacement for a recycle gas compressor, plus ATC clauses on quantity/duration adjustments. Unique aspects: 25% variation window at contract issue and post-issue, and excess settlement option for invoice charges. Tender context: HPCL service procurement requiring on-site overhaul with defined penalties for delays and performance guarantees.
Service: Bearing inspection and dry gas seal replacement
Equipment: Recycle Gas compressor
Overhaul duration: 12 days from handover
EMD: not disclosed
Security deposit: 2% of contract value
PBG: 5% of PO value (HPCL format)
Payment: 100% after completion; final within 60 days
Variation: 25% quantity/duration allowed
Key Term 1: 12-day overhaul timeline from handover
Key Term 2: 2% security deposit and 5% PBG
Key Term 3: 100% payment after completion within 15 days of bill
100% payment after completion within 15 days of bill submission; final settlement within 60 days.
Overhaul must be completed in 12 days from handover; price reduction 0.5% per day for delays beyond schedule, up to 5% of contract value.
Delay penalties capped at 5% of total contract value; excess settlement allowed with documentation.
Proven experience in bearing inspection or dry gas seal replacement for compressors
GST registration and PAN compliance
Financial stability evidence and performance history
Compliance with HPCL PBG format and security deposits
Main Document
OTHER
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS
Iocl- Panipat Refinery
PANIPAT, HARYANA
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BULANDSHAHR, UTTAR PRADESH
Bharat Petroleum Corporation Ltd
SAGAR, MADHYA PRADESH
Hindustan Petroleum Corporation Ltd
CUDDAPAH, ANDHRA PRADESH
Hindustan Petroleum Corporation Ltd
MUMBAI, MAHARASHTRA
Tender Results
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GST certificate copy
PAN card copy
Experience certificates for similar bearing inspection/dry gas seal work
Financial statements or turnover evidence
Technical bid documents (scope of work, methodology)
OEM authorizations (if applicable)
Security deposit and PBG compliance documents
Declaration on debarment/holiday listing by other PSUs
Extended Deadline
23-Dec-2025, 5:00 pm
Opening Date
23-Dec-2025, 5:30 pm
| S.No | Seller | Date | Status |
|---|---|---|---|
| 1 | QUALITY PROFILES PRIVATE LIMITED Under PMA | 23-12-2025 14:50:23 | Qualified |
| 2 | SWAMINA INTERNATIONAL PVT LTD Under PMA | 15-12-2025 16:41:17 | Qualified |
| 3 | TURBO ASSOCIATED POWER SERVICES Under PMA | 11-12-2025 13:08:45 | Qualified |
| Rank | Seller | Price | Item |
|---|---|---|---|
| L1 | QUALITY PROFILES PRIVATE LIMITED( MSE Social Category:OBC ) Under PMA | ₹11,53,452 | Item Categories : Custom Bid for Services - Bearing inspection and Dry gas seal replacement of Recycle Gas compressor |
| L2 | TURBO ASSOCIATED POWER SERVICES( MSE Social Category:General ) Under PMA | ₹19,11,600 | Item Categories : Custom Bid for Services - Bearing inspection and Dry gas seal replacement of Recycle Gas compressor |
| L3 | SWAMINA INTERNATIONAL PVT LTD( MSE Social Category:General ) Under PMA | ₹21,44,727 | Item Categories : Custom Bid for Services - Bearing inspection and Dry gas seal replacement of Recycle Gas compressor |
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Key insights about MAHARASHTRA tender market
Bidders must submit GST and PAN, along with experience certificates for similar compressor work. Include technical methodology, HPCL PBG compliance, and security deposits. Ensure 12-day overhaul schedule and 15-day payment window after bill submission; finalize within 60 days.
Required documents include GST certificate, PAN card, experience certificates for bearing inspection/dry gas seal work, financial statements, technical bid, OEM authorizations if needed, and declarations on debarment. Attach HPCL PBG format and 2% security deposit details.
Delivery target is 12 days from handover; LD at 0.5% per day with 5% cap. Payment is 100% after completion within 15 days of the bill, with final settlement not later than 60 days.
Yes, a 25% variation in contract quantity or duration is allowed at the time of issue and post-issue. Bidder must accept revised quantities or durations as part of contract amendments.
Security deposit is 2% of contract value; retention/Performance Bank Guarantee is 5% of PO value, issued on HPCL format; these must be provided before award.
The scope targets bearing inspection and dry gas seal replacement for a Recycle Gas compressor, requiring overhaul expertise and compliant documentation.
Excess settlement allows additional charges up to a specified percentage of item-level total value, with mandatory supporting documents at invoice time; ensure total invoice stays within order-approved excess percentage.
Specific standards are not listed; bidders should provide OEM authorizations if required and ensure compliance with HPCL PBG format and GST-inclusive pricing.
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Main Document
OTHER
OTHER
SCOPE_OF_WORK
PAYMENT
OTHER
OTHER
GEM_GENERAL_TERMS_AND_CONDITIONS