Indian Oil Corporation Limited Complete Carbon Fiber Composite Drive Shaft Assembly Tender 2026 India - 25% Quantity Flexibility & Supply Only

Tender Overview

Organization: Indian Oil Corporation Limited. Product: Complete Carbon Fiber Composite Drive Shaft Assembly. Procurement scope: supply of goods (delivery-only) for an undisclosed quantity with optional quantity variation up to 25% during and after contract initiation. Location and dates are not disclosed. The tender emphasizes supply of high-performance drive shafts, leveraging carbon fiber composites for weight reduction and torque transmission. A key differentiator is the option clause enabling quantity adjustments at contracted rates, with delivery timelines linked to the original order, subject to a minimum of 30 days. This tender targets qualified suppliers capable of providing drive shaft assemblies that meet IOC’s performance benchmarks under a supply contract.

Technical Specifications & Requirements

• Scope: Only supply of carbon fiber drive shaft assemblies; no installation or services clause indicated.
• Delivery Flexibility: Option to increase quantity up to 25% of bid quantity during contract period; extended delivery time calculated as (increased quantity ÷ original quantity) × original delivery period, with a minimum of 30 days.
• Documentation for Bidder Code: Submit PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by bank.
• BOQ: No items listed in the current BOQ; indicates potential reliance on supplier catalog or negotiated scope.
• Standards/Quality: Not specified in the data; bidders should anticipate IOC’s usual quality controls for high-strength, lightweight drive components.
• Category: High-performance automotive/composite drive shaft assembly suitable for petroleum sector equipment.

Terms, Conditions & Eligibility

• Scope of Supply: Bid price must include all costs for goods delivery only.
• EMD/Guarantee: Not specified in the available data; bidders should prepare standard IOC bid security per ATC terms.
• Delivery Timeline: Delivery period linked to original delivery order; extended time rules apply for option quantity.
• Bidder Requirements: Must comply with ATC terms; provide PAN, GSTIN, cancelled cheque, and EFT mandate with bid submission.
• Contract Flexibility: IOC retains right to modify quantity by ±25% and to extend delivery as described.
• ATC Documentation: ATC document referenced; bidders should view it for additional conditions and compliance requirements.