Marketing Division IOCL Bus Hiring Service Tender Dindori Madhya Pradesh 2026 AC Deluxe 2210+450 Diesel
Bid Publish Date
13-Oct-2026, 7:56 pm
Bid End Date
27-Oct-2026, 8:00 pm
EMD
₹13,000
Value
₹48,33,675
Location
Progress
Key Highlights
- • Local bus hiring services in Dindori, MP under IOCL Marketing Division
- • AC Deluxe (ACX) diesel buses allocated under regular basis contract
- • Estimated value ₹4,833,675 with EMD ₹13,000
- • Variation clause allows up to 25% change in quantity or duration
- • No BOQ items listed; emphasis on fleet readiness and service delivery
- • ATC terms uploaded by buyer; bidders must comply with buyer-added clauses
Tender Overview
The Marketing Division of Indian Oil Corporation Limited invites bids for a Bus Hiring Service (Regular Basis - Local) in Dindori, Madhya Pradesh 481778. Procuring AC Deluxe (ACX) buses with seating configuration noted as 2210+450 and diesel propulsion, under an estimated value of ₹4,833,675. The contract supports a local, regular-supply model with a flexible scope under a 25% adjustment clause. The organization seeks professional transport services to meet routine travel needs, emphasizing reliable local coverage and compliant fleet management. The opportunity focuses on standard municipal bus operations rather than long-haul outsourcing, with a clearly defined EMD and a structured variation mechanism to accommodate demand fluctuations.
Technical Specifications & Requirements
- Product/Service: Bus hiring service for local operations under regular basis.
- Vehicle category: AC Deluxe (ACX), diesel-powered buses.
- Seating/Configuration: Mentioned as 2210+450 (capacity-related detail tied to BOQ context).
- Est. value: ₹4,833,675; EMD: ₹13,000.
- Location: Dindori, Madhya Pradesh, 481778; local procurement scope.
- Standards/Compliance: Not specified in BOQ; bidders should ensure standard fleet maintenance and compliance with IOCL transport norms.
- Variation rights: Buyer can alter contract quantity/duration up to 25% during bidding and after award with consent.
- BOQ: No items listed (0 BOQ items); focus on service contract delivery and fleet readiness.
- Delivery/Performance: Local, regular service delivery with scheduled operations; ensure timely availability of AC buses.
Terms, Conditions & Eligibility
- EMD: ₹13,000 (payment terms to be clarified in the contract).
- Estimated contract value: ₹4,833,675.
- Variation clause: Quantity or duration may be increased by up to 25%; scope increase requires consent for lumpsum contracts.
- Category: Local bus hiring service on a regular basis.
- BOQ presence: None; bidders must demonstrate capability to meet regular service requirements and fleet readiness.
- Atc/ATC: Buyer has uploaded ATC; bidders to view and adhere to any additional terms.
- Other terms: Compliance with IOCL procurement rules; readiness to provide ACX buses on demand; standard contract execution timelines.
Key Specifications
-
Bus hiring service: local regular basis
-
Vehicle category: AC Deluxe (ACX), diesel
-
Capacity reference: 2210+450
-
Estimated value: ₹4,833,675
-
EMD: ₹13,000
-
No BOQ items listed; focus on fleet readiness and service capacity
-
Variation clause: ±25% adjustment allowed
Terms & Conditions
-
EMD must be submitted as ₹13,000 with bid
-
Contract may vary up to 25% in quantity or duration
-
Local, regular basis bus-hiring service in Dindori, MP
-
ACX diesel buses required; fleet readiness essential
-
ATC terms uploaded by buyer; must comply
Important Clauses
Payment Terms
EMD of ₹13,000 and contract payments as per IOCL terms; further details will be in the contract agreement.
Delivery Schedule
Bidders must ensure timely availability of ACX diesel buses for regular operations as per deployment schedule.
Penalties/Liquidated Damages
Details to be specified in contract; bidders should anticipate standard performance penalties for non-availability.
Bidder Eligibility
-
Experience in supplying or operating bus-hiring services for government/large corporate clients
-
Demonstrated fleet size capable of delivering local regular service in Dindori
-
Financial capability to support upfront fuel and maintenance obligations; turnover details per IOCL norms
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Tech Clarification Time
2 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
Startup Exemption/Relaxation
No
Bid Splitting Applied
No
Requirements
Min. Avg. Annual Turnover
97
Experience Required
7 Year (s)
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Bus Hiring Service - Regular Basis - Local; 13-15, 16-18; A.C. Deluxe (ACX); 2210+450; Diesel; 2026
Advisory Bank
ICICI
ePBG Percentage
5%
ePBG Duration (Months)
48
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Dindori
Delivery Pincodes
481885
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Sonal Bansod | 481885,Indane LPG Bottling Plant Jabalpur, Plot No.1, Sector-B (P&H), Industrial Growth Centre, Maneri Th. Niwas, Dist. Mandla, Madhya Pradesh - 481885 | Dindori | Madhya Pradesh | 481885 | 1 | - | - |
Authority Records
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Documents 5
GeM-Bidding-10003108.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
2
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for similar bus-hiring contracts
Financial statements for the last 2-3 financial years
EMD payment receipt or online payment confirmation
Technical bid documents showing fleet details and maintenance records
OEM authorizations or fleet operator licenses (if applicable)
Frequently Asked Questions
Key insights about MADHYA PRADESH tender market
How to bid for IOCL bus hiring tender in Dindori MP 2026?
To bid, submit GST, PAN, experience certificates, financial statements, and EMD ₹13,000. Ensure ACX diesel bus capability, local coverage, and fleet readiness. Review ATC terms uploaded by IOCL and comply with the 25% variation clause during/after award.
What documents are required for IOCL local bus hire bid in MP?
Required documents include GST registration, PAN, 2-3 years of financials, prior bus-hire experience certificates, fleet details and maintenance records, EMD receipt, and OEM authorizations if applicable. Ensure technical bid demonstrates fleet capability and timely delivery readiness.
What are the vehicle specifications for ACX buses under this tender?
Bidders must provide AC Deluxe (ACX) diesel buses; exact seating configurations are referenced as 2210+450 in the context, with standard IOCL fleet maintenance compliance. Bidders should confirm AC cabin, functional amenities, and fuel efficiency per regulatory norms.
What is the EMD amount for IOCL bus hiring procurement in MP?
The Earnest Money Deposit (EMD) is ₹13,000. Ensure payment per IOCL guidelines, attach payment receipt with the technical bid, and keep EMD valid through bid evaluation as per tender terms.
When is the bid submission deadline for the IOCL MP tender?
Exact submission dates are published in the buyer's ATC; bidders should monitor the IOCL procurement portal for latest bid submission timelines and ensure delivery of all required documents before the stated deadline.
What are the variation rights under the IOCL contract in MP?
The buyer may increase or decrease contract quantity or duration up to 25% at issue and after award. For lumpsum-based contracts, the scope and value may adjust up to 25% with the service provider's consent.
What standards and compliance are required for IOCL local bus hire?
Bidders should demonstrate fleet readiness, adherence to local transport regulations, and maintenance records. While specific IS/ISO standards are not listed, ensure vehicles meet safety and emission norms and IOCL’s internal transport requirements.
What is the estimated contract value for the MP bus hire tender?
The estimated value is ₹4,833,675. Bid pricing should reflect fleet availability, fuel costs, maintenance, and service delivery timelines aligned with IOCL’s procurement policies.