GEM

Indian Oil LPG Compressor Tender Mumbai Maharashtra 2025 - 29744943.0 Estimated Value ISO Standards

Bid Publish Date

01-Dec-2025, 6:34 pm

Bid End Date

23-Dec-2025, 5:00 pm

Value

₹2,97,44,944

Location

MUMBAI , MAHARASHTRA

Latest Corrigendum Available

Progress

Issue01-Dec-2025, 6:34 pm
Corrigendum16-Dec-2025
AwardPending
Explore all 4 tabs to view complete tender details

Quantity

7

Bid Type

Two Packet Bid

Key Highlights

  • • Organization: Indian Oil Corporation Limited (IOC)
  • • Product category: LPG compressor procurement for Mumbai, Maharashtra
  • • Estimated contract value: ₹29,744,943.00
  • • Option clause: ±25% quantity change at bid and during currency
  • • Delivery calculation: (Increased quantity ÷ Original quantity) × Original delivery period; minimum 30 days
  • • ATC document: Buyer-uploaded ATC; review mandatory
  • • No explicit EMD amount stated; verify in ATC/contract
  • • No BOQ items listed; no technical specs in tender data

Categories 5

COMPRESSOR LPG VERTICAL COOLER COOLER ALKANES

Tender Overview

Indian Oil Corporation Limited invites bids for an LPG compressor in Mumbai, Maharashtra. The procurement carries an estimated value of ₹29,744,943.00. The tender scope lists no BOQ items and lacks explicit start/end dates. The contract includes an option clause allowing a ±25% quantity adjustment at the bid stage and during the currency of the contract, at contracted rates. With a 30+ day delivery framework implied by the option mechanism, bidders should align supply plans to variable demand while meeting general IOC procurement standards. The absence of explicit product specs requires bidders to rely on sector norms for LPG compressors and comply with the option-based delivery extension logic described by the buyer terms.

Technical Specifications & Requirements

  • Category: LPG COMPRESSOR for IOC Mumbai
  • Estimated value: ₹29,744,943.00
  • No BOQ items available; no explicit technical specs listed in the tender data
  • Key contract clause: option to increase/decrease quantity up to 25% of bid/contract quantity at contract award and during currency
  • Delivery period mechanics: calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a minimum of 30 days; possible extension to original delivery period
  • ATC/documentation: ATC file uploaded by Buyer; bidders must review specific terms within that document
  • Compliance expectation: bidders should infer standard LPG compressor specifications and IOC procurement norms

Terms, Conditions & Eligibility

  • EMD: Not specified
  • Quantity variation: ±25% under option clause at contract placement and during currency
  • Delivery: Minimum delivery time framework defined by formula; extended delivery period can be exercised
  • Documentation: Review and comply with Buyer Uploaded ATC; prepare normal bid documents per IOC guidelines
  • Payment: Not specified in data; bidders should verify IOC terms in ATC
  • Warranty/AMC: Not specified; verify in ATC for post-sale support requirements
  • Penalties: Not specified; confirm liquidated damages terms in ATC and contract
  • Eligibility: Follow standard IOC supplier eligibility and ISMS procurement norms as per ATC

Key Specifications

  • Product/service: LPG compressor for IOC procurement

  • Quantity/scale: Not specified in BOQ; quantity to be adjusted under option clause

  • Estimated value: ₹29,744,943.00

  • Standards/certifications: Review IS/IS standards as per ATC (not explicitly listed)

  • Delivery: Minimum 30 days if extended; delivery period tied to original schedule

  • Experience: Suppliers should have relevant LPG compressor supply/installation background

  • Warranty/AMC: Details to be confirmed in ATC and contract

  • OEM/Brand: Not specified in data; check ATC for any brand restrictions

Terms & Conditions

  • Option Clause: +/-25% quantity at bid/contract and during currency

  • Delivery Period: Calculated with formula; minimum 30 days

  • ATC Review: Mandatory review of Buyer Uploaded ATC document for all terms

  • EMD/Payment: Details not specified in data; verify in ATC

  • BOQ: No items listed; rely on LPG compressor category specs

Important Clauses

Payment Terms

Details not specified in data; verify in ATC and contract documents

Delivery Schedule

Delivery period determined by (Increased quantity ÷ Original quantity) × Original delivery period with a minimum of 30 days

Penalties/Liquidated Damages

Not specified in data; confirm LD terms in ATC/contract

Bidder Eligibility

  • Demonstrated experience supplying LPG compressors or equivalent equipment

  • Financial capacity evidenced by two-year financial statements

  • GST registration and PAN validation

  • Compliance with IOC procurement norms as per ATC

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Historical Data

Required Documents

1

GST registration certificate

2

Permanent Account Number (PAN) card

3

Experience certificates for LPG compressor supply/installations

4

Financial statements (latest two years) demonstrating capability

5

EMD/Security deposit documents (as per ATC guidance)

6

Technical bid documents and compliance certificates

7

OEM authorization letter (if bidding through third party)

8

Any additional documents specified in Buyer Uploaded ATC

Corrigendum Updates

3 Updates
#1

Update

16-Dec-2025

Extended Deadline

23-Dec-2025, 5:00 pm

Opening Date

23-Dec-2025, 5:30 pm

#2

Update

09-Dec-2025
#3

Update

09-Dec-2025

Frequently Asked Questions

Key insights about MAHARASHTRA tender market

How to bid for LPG compressor tender in Mumbai IOC 2025?

Bidders should review the Buyer Uploaded ATC document, submit GST, PAN, experience certificates, financial statements, and EMD as per ATC, and ensure compliance with the option clause allowing ±25% quantity changes. Prepare technical bid aligned to LPG compressor category and meet IOC procurement norms.

What documents are required for IOC LPG compressor bid Mumbai?

Required documents include GST registration, PAN, two years of financial statements, experience certificates for similar compressors, OEM authorizations if applicable, EMD deposit details, and technical compliance certificates as stated in the ATC. Ensure submission with the bid.

What is the estimated contract value for IOC LPG compressor tender?

The tender carries an estimated value of ₹29,744,943.00. Bidders should structure pricing to accommodate potential ±25% quantity changes under the option clause, while maintaining contract delivery timelines per the ATC guidance.

What are the delivery terms for IOC Mumbai LPG compressor bid?

Delivery period is calculated as (Increased quantity ÷ Original quantity) × Original delivery period, with a mandatory minimum of 30 days. The purchaser may extend delivery to the original period during option exercise; verify exact terms in the ATC.

What standards or certifications are required for IOC LPG compressor bid?

The tender requires adherence to IS standards and OEM-specific requirements as per the ATC; exact standards are not listed in the data and must be confirmed in the Buyer Uploaded ATC document for IS/ISI or ISO certifications.

How is quantity variation managed in IOC LPG compressor tender?

The option clause allows a fluctuation of ±25% of bid/contract quantity at contract placement and during currency, with corresponding impact on delivery timelines as per the formula and minimum 30-day baseline.

What payment terms apply to IOC LPG compressor procurement?

Payment terms are not specified in the data; bidders must refer to the ATC for IOC payment schedule, possible advance/milestone payments, and any security deposits or performance guarantees.