Indian Oil Corporation Limited RFQ for 13 RFQ Items in Begusarai Bihar 2026 - IOC Procurement Tender

Tender Overview

Organization: Indian Oil Corporation Limited. Procurement: RFQ for 13 items (RFQ Item 0010 to RFQ Item 0130) in Begusarai, Bihar (PIN 848201). Estimated value and EMD not disclosed. The RFQ includes a broad scope with 13 separate item lines and no specific product category defined in the data. A notable feature is the option clause enabling up to 25% quantity variation at contracted rates, with delivery timing tied to the last delivery order date. GST handling is bidder’s responsibility with reimbursement as per actuals or applicable rates, capped to the quoted GST percentage. The ATC mandates vendor-code creation documents such as PAN, GSTIN, cancelled cheque, and EFT mandate. Bidders must be prepared for GST, banking, and regulatory compliances to participate.

Technical Specifications & Requirements

• No formal technical specifications were provided in the tender data. The BoQ lists 13 items without stated quantities or units. The tender introduces an Option Clause allowing up to 25% extra quantity during contract and currency of contract, with delivery time recalculated as (increased quantity / original quantity) × original delivery period, minimum 30 days.
• Key administrative requirements include GST compliance by bidder, and vendor-code creation documentation (PAN, GSTIN, cancelled cheque, EFT mandate). The lack of product-level specs suggests bidders should prepare for generic RFQ inputs and respond with standard compliance documents and any implied scope from item descriptions.

Terms, Conditions & Eligibility

• EMD not disclosed in the data; bidders must assess bid security requirements per IOC policy.
• Delivery terms reference the original delivery period with potential extensions; extension calculations depend on quantity changes and minimum 30 days.
• GST and financial standing: bidders must ensure no liquidation or bankruptcy status; bid includes a compliance undertaking.
• Required submission documents for vendor-code creation: PAN Card, GSTIN, Cancelled Cheque, EFT Mandate.
• Section emphasizes bidder must comply with ATC terms and perform within contractual flexibility.