Indian Oil Corporation Limited Position Transmitter Spares Tender 2026 India — 25% Quantity Option Clause & Delivery Timing

Tender Overview

Indian Oil Corporation Limited invites bids for position transmitter spares. The tender lacks explicit product specs, quantity, or value, but includes a critical option clause enabling up to 25% quantity variation at contract rates and potential extension during the contract period. Delivery timing hinges on the last date of the original delivery order, with a calculative extension formula: (Additional quantity ÷ Original quantity) × Original delivery period, minimum 30 days. AATC terms require bidder compliance with this option mechanism. This procurement focuses on spares for transmitter components and may involve OEM alignment for compatibility. The absence of BOQ items implies a streamlined or placeholder tender design, with the option clause shaping bid strategy and supply risk management.

Technical Specifications & Requirements

• No explicit technical specifications are published in the tender data.
• Key contractual controls visible in terms: up to 25% quantity increase/decrease at contracted rates; extension of delivery period during the option window; extension time formula applies from the extended delivery period end date; minimum extra time of 30 days.
• The ATC document is uploaded (reference to additional terms provided separately).
• Implicit scope appears to cover spare transmitter components and associated accessories; bidders should anticipate compatibility with existing IOC transmitter systems and standard OEM interfaces.
• No validated performance metrics or standards are stated in the provided data; bidders should seek clarifications on required certifications or OEM authorizations if/when issued.

Terms, Conditions & Eligibility

• Option Clause allows +/- up to 25% quantity variation at bid and contract rates.
• Delivery period starts from the last date of the original delivery order; additional time computed as described, with a minimum of 30 days.
• The Purchaser may extend delivery time within the contract's original delivery period when exercising the option clause.
• Bidders must comply with these option-based delivery terms; no specific EMD, payment terms, or warranty details are provided in the available data.
• An ATC document has been uploaded; bidders should review it for any supplementary eligibility criteria or compliance requirements.