Indian Oil Corporation Limited Vertical Extension Panel for PCC-472 Supervision of Panel ITC Tender 2026

Tender Overview

The Indian Oil Corporation Limited issues a procurement for the Vertical Extension Panel for PCC-472 with supervision of the Panel ITC. Scope includes Supply, Installation, Testing and Commissioning (SITC) of the goods at IOCL sites, with third-party inspection by IOCL-approved agencies included in quoted prices. The tender contemplates the Purchaser’s right to modify quantity by up to 25% during contract placement or currency, with delivery time adjustments based on the formula provided and a minimum extension of 30 days. This is a single-source procurement requiring compliance with IOCL’s inspection regime and comprehensive SITC terms. Unique elements include the embedded option clause and inclusive TPI charges in quotes, ensuring no extra inspection costs to IOCL.

Technical Specifications & Requirements

• Product category: Vertical Extension Panel for PCC-472 with supervision of Panel ITC
• Scope: Supply, Installation, Testing and Commissioning (SITC)
• Inspection: Third-party inspection (TPI) by IOCL-approved agencies; list includes ABS Industrial Verification, SGS India, Intertek, TUV Rheinland, RITES, and others
• Pricing: TPI charges are included in quoted prices; all testing, including destructive testing if required, is covered
• Delivery terms: Delivery period can be extended per option clause; additional time calculated as (Increased quantity ÷ Original quantity) × Original delivery period, minimum 30 days
• Compliance: All built-in import content to be inspected by TPI agencies in origin country where applicable
• Documentation: Quoted prices include testing facilities, inspection requirements, and related travel/incidental expenses

Terms & Eligibility

• EMD/Deposit details are not specified in the data; bidders must review IOCL T&C for exact requirement
• Quantity: Up to 25% quantity variation allowed during contract placement and currency, under applicable rates
• Payment & penalties: Not explicitly stated here; standard IOCL terms apply in the contract
• Third-party inspection: Mandatory; bidder must arrange timely release notes and ensure no time extensions are granted for delays
• Warranty/AMC: Not specified; refer to IOCL terms for post-installation support
• Documentation: Bidders must align with T&C, including OEM authorizations where applicable, GST/PAN requirements, and financial credentials