Marketing Division, Indian Oil Corporation Limited SITC of Stay Plate, VP Ring & Foot Ring Rectification Machine Tender 2026
Progress
Key Highlights
- • PP-MSE applicability confirmed for this tender
- • EMD not required; BSD submission is mandatory
- • PBG 5% of order value (exclusive of GST), warranty period + 6 months
- • Reduced PBG 2.5% for SC/ST and Women-owned MSEs
- • Delivery window fixed at 2 months from LOA 15th day
- • Quantity variation up to 25% during contract at same rates
- • Addenda/Corrigenda will be issued on GeM portal only
- • Site contact: Manager (Plant Maintenance), VLT Dumad
Tender Overview
The tender, issued by the Marketing Division, Indian Oil Corporation Limited, seeks the SITC of a Stay Plate, VP Ring and Foot Ring Rectification Machine. Estimated value is ₹9,46,626.20 plus GST at 18%, with a purchase framework under PP-MSE. The contract permits up to a 25% quantity variation at order and during currency, at contracted rates, with delivery time extensions calculated from the original delivery window. A bid security declaration is required in lieu of an EMD, and a performance bank guarantee (PBG) of 5% of the work order value (exclusive of GST) is mandated, valid through warranty and an additional 6 months. Work completion is targeted within 2 months from the 15th day of LOA. Bidders should monitor the GeM portal for all addenda or timeline updates. This procurement emphasizes compliance with vendor development and post-award performance obligations. The tender also specifies that MSEs owned by SC/ST and Women Entrepreneurs receive a reduced PBG of 2.5%. Key contact for site queries is the Manager (Plant Maintenance), VLT Dumad, reachable at 7318387111 or [email protected].
Tender location and procurement context indicate a focused equipment procurement within the oil and gas sector, with clear risk-adjusted delivery and compliance requirements. Vendors should prepare BSD documentation and confirm OC/MSE status to leverage lower PBG obligations and streamline bid submission.
Key Specifications
-
rectification machine for Stay Plate, VP Ring and Foot Ring
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tender value approx ₹9,46,626.20 excluding GST
-
GST 18% applicable
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PBG 5% of order value; 2.5% for eligible MSEs
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delivery within 2 months from LOA date
Terms & Conditions
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PP-MSE applicable; BSD required in lieu of EMD
-
PBG 5% (GST exclusive) with 6-month warranty, 2.5% for eligible MSEs
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Quantity variation up to 25% during contract; delivery timeline 2 months from LOA 15th day
Important Clauses
Payment Terms
Payment terms not explicitly specified in data; depend on GeM IOCL contract terms and BSD compliance
Delivery Schedule
Delivery period fixed at 2 months from 15th day of LOA; additional quantity delivery follows option clause with calculated extension
Penalties/Liquidated Damages
Not explicitly listed; PBG covers performance/guarantee during warranty and post-warranty period
Bidder Eligibility
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PP-MSE is applicable for this tender
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SS/ST & Women-owned MSEs may avail 2.5% PBG
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BSD submission is mandatory; EMD not required
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Experience in similar rectification machinery procurement preferred
Tender Data
Bid Details
Quantity
1
Bid Type
Two Packet Bid
Bid Validity
120 (Days)
Bid Type
Service
Evaluation
Total value wise evaluation
Inspection Required
No
Tech Clarification Time
7 Days
Preference & Exemptions
EMD Required
No
MII Purchase Preference
No
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
Yes
Startup Exemption/Relaxation
Yes
Bid Splitting Applied
No
Requirements
Warranty Period
6 months
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Goods
Bid To RA
No
Bid To RA Enabled
No
Item Category
SITC OF STAY PLATE, VP RING AND FOOT RING RECTIFCATION MACHINE
Advisory Bank
ICICI
ePBG Percentage
5%
ePBG Duration (Months)
30
Payment Timelines
Payments shall be made to the Seller within 30 days of issue of consignee receipt-cum-acceptance certificate (CRAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Max Delivery Days
60
Delivery Locations
1
Delivery Cities
Vadodara
Delivery Pincodes
391740
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Veerendra Singh | 391740,IOCL DUMAD LPG TERMINAL VADODARA SAVLI ROAD | Vadodara | Gujarat | 391740 | 1 | 60 | - |
Authority Records
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Documents 5
GeM-Bidding-10008300.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Other Documents
OTHER
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 rectification machinery (if any)
Financial statements or turnover proof (as applicable for MSE/PP-MSE)
BSD submission as per GeM format
Technical compliance certificates (if available)
OEM authorizations or dealership/authorization (if required)
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for the SITC rectification machine tender in IOCL?
Bidders must submit the BSD in place of EMD, ensure PP-MSE eligibility, and provide PBG at 5% of order value ( GST exclusive ). Include GST registration, PAN, OEM authorizations, and experience certificates. The GeM portal will host addenda; monitor for updates and LOA timelines.
What documents are required for IOCL rectification equipment tender 2026?
Submit GST registration, PAN, BSD, PBG proof if applicable, and technical compliance certificates. Include any OEM authorization, financial statements, and experience certificates for similar rectification machinery. Ensure all documents align with GeM terms and SOR quantities.
What is the delivery timeline for IOCL Stay Plate rectification machine?
Delivery must occur within 2 months from the 15th day of LOA. If quantity varies up to 25%, delivery extension is computed as (additional quantity/original quantity) × original delivery period, minimum 30 days, with potential extension up to the original delivery period.
What are the EMD/Performance bond requirements for IOCL tender?
Emd is not required; instead, submit a Bid Security Declaration. A PBG of 5% of the work order value (exclusive of GST) is required, valid through warranty plus 6 months; SC/ST & Women-owned MSEs may obtain a reduced 2.5% PBG.
What is the estimated value and tax for IOCL rectification equipment?
The tender estimate is ₹9,46,626.20 exclusive of GST; applicable GST is 18%, increasing the total contract value accordingly; ensure GST compliance in invoicing and delivery documentation.
Are there size or performance standards for the rectification machine in IOCL tender?
No explicit technical standards are listed in the provided data. Bidders should verify compatibility with existing IOCL maintenance processes and provide OEM-spec alignment, with the BSD confirming conformity to internal QA checks.
How to handle quantity variations for IOCL tender 2026?
The purchaser may adjust quantity by up to 25% at contract award and during currency at the same rates. Delivery timelines adjust using the specified formula, with a minimum extension of 30 days, subject to overall delivery constraints.
Who to contact for IOCL site queries on this procurement?
For site-related inquiries, contact Manager (Plant Maintenance), VLT Dumad at Mob: 7318387111 or [email protected]; scheduling and installation specifics should be confirmed during post-bid discussions.