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Indian Oil Corporation Limited Marketing Division Custom Bid for Services Tender Erode Tamil Nadu 25% Scope Change 2026

Bid Publish Date

18-Jun-2026, 9:26 pm

Bid End Date

23-Jun-2026, 2:00 pm

Value

₹17,69,030

Location

ERODE , TAMIL NADU
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Progress

Issue18-Jun-2026, 9:26 pm
AwardPending
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Quantity

1

Bid Type

Two Packet Bid

Key Highlights

  • • Mandatory Bid Security Declaration in place of EMD for eligibility
  • • 25% contract quantity or duration adjustment allowed at contract issuance
  • • Lumpsum-based service contracts may see up to 25% scope/value increase with consent
  • • Location-specific procurement: IOC Marketing Division, ERODE, Tamil Nadu
  • • Estimated contract value: ₹1,769,030
  • • ATC documents referenced; no BOQ items provided in data
  • • No product/service specifications published; bidders must prepare generic service delivery capabilities
  • • No start/end dates disclosed; bid terms rely on standard IOC procedures

Categories 1

SERVICES

Tender Overview

The Indian Oil Corporation Limited (Marketing Division) invites a custom bid for services in ERODE, Tamil Nadu 638001. Estimated contract value is ₹1,769,030 with no BOQ items published. The tender introduces a 25% contract quantity or duration adjustment at the time of contract issuance, and for lumpsum service contracts, scope and value may increase up to 25% with the service provider’s consent. A Bid Security Declaration is required in lieu of an Earnest Money Deposit. This opportunity targets service providers capable of delivering agreed services under flexible scope, with the bidder acknowledging mandatory ATC provisions.

Technical Specifications & Requirements

  • No detailed technical specifications were published within the provided data.
  • Key extractable requirements from terms include: 25% quantity/duration flexibility on contract, EMD exemption via Bid Security Declaration, applicability to lumpsum-based service contracts with potential up to 25% scope/value increase, and location-specific procurement via IOC Marketing Division in ERODE, Tamil Nadu.
  • Estimated value: ₹1,769,030; no itemized BOQ data available to anchor exact deliverables.
  • Absence of BOQ means bidders should anticipate generic service delivery capabilities and be prepared for scope refinement post-award, with ATCs guiding compliance and acceptance.

Terms & Eligibility

  • Bid Security Declaration required in lieu of EMD as part of Technical Bid per ATC clause.
  • Bid quantity/duration may be adjusted by up to 25% at contract issuance and can be extended under same cap for lumpsum services.
  • Location of procurement: ERODE, Tamil Nadu; organization: Indian Oil Corporation Limited – Marketing Division.
  • No specific delivery timeline or payment terms published; bidders must align with standard IOC procurement practices and ATC guidance.

Key Specifications

  • Product/service category: Custom Bid for Services (no BOQ items)

  • Estimated contract value: ₹1,769,030

  • Location: ERODE, Tamil Nadu

  • Flexibility: ±25% scope/duration adjustment

  • EMD: Substituted by Bid Security Declaration in Technical Bid

  • ATCs and uploaded documents referenced for compliance

Terms & Conditions

  • Bid Security Declaration required instead of EMD; ensure submission with Technical Bid

  • Contract quantity or duration may be increased up to 25% at issuance

  • Lumpsum service contracts may see up to 25% scope/value increase with provider consent

Important Clauses

Payment Terms

Not specified in data; bidders should anticipate IOC standard terms and ATC guidance after award

Delivery Schedule

Not specified; delivery expectations to be clarified via ATCs and contract issuance

Penalties/Liquidated Damages

Not specified in data; standard IOC L1/L2 penalties may apply per ATC terms

Bidder Eligibility

  • Must submit Bid Security Declaration in lieu of EMD within Technical Bid

  • Capability to handle up to 25% scope/duration change

  • Compliance with IOC procurement ATCs and Tamil Nadu locality requirements

  • Experience in similar service contracts and financial viability

Additional Tender Data

Commercial Details

Tender Category

Service

Bid To RA

No

Bid To RA Enabled

No

Item Category

Custom Bid for Services - ----

Authority Records

MINISTRY OF PETROLEUM AND NATURAL GASINDIAN OIL CORPORATION LIMITED

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Documents 7

GeM-Bidding-9442209.pdf

Main Document

Other Documents

OTHER

Other Documents

OTHER

Scope Of Work Document

SCOPE_OF_WORK

Payment Terms & Condition

PAYMENT

Buyer uploaded ATC document

ATC

GEM General Terms and Conditions Document

GEM_GENERAL_TERMS_AND_CONDITIONS

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Historical Data

Required Documents

1

Bidder submission documents as per Terms and Conditions

2

GST registration certificate

3

Permanent Account Number (PAN) card

4

Experience certificates for similar service contracts (if specified elsewhere)

5

Financial statements demonstrating financial capability

6

Any OEM authorizations or technical compliance certificates if applicable

7

Bid Security Declaration in lieu of EMD (per ATC)

Frequently Asked Questions

Key insights about TAMIL NADU tender market

How to bid for IOC Marketing Division service tender in Erode?

Bidders must submit a Technical Bid with a Bid Security Declaration in lieu of EMD, acknowledge the 25% scope/duration adjustment, and comply with ATCs. Ensure readiness to support a lumpsum service contract worth approximately ₹1.77 million and align with IOC procurement procedures in Tamil Nadu.

What documents are required for IOC service tender in Erode?

Submit GST registration, PAN, financial statements, and experience certificates; provide any OEM authorizations if applicable. Include the Bid Security Declaration instead of EMD in the Technical Bid, and reference ATC uploads for full compliance guidance.

What are the key terms for 25% scope change in this tender?

The buyer may increase contract quantity or duration up to 25% at contract issuance; for lumpsum contracts, the scope/value can increase by up to 25% with the service provider’s consent. Bidders should plan for post-award scope refinement within these limits.

Is there a BOQ or detailed technical specification for this IOC tender?

No BOQ items or detailed technical specifications were published in the provided data. Bidders should base proposals on generic service capabilities and await ATC guidance for any performance or quality metrics to meet IOC expectations.

What is the estimated contract value for this IOC procurement?

The tender shows an estimated value of ₹1,769,030. Proposals should reflect this scale, with flexibility for potential scope adjustments up to 25% as per the contract terms.

What is the location and organization for this service tender?

Procurement is for the Indian Oil Corporation Limited – Marketing Division in ERODE, Tamil Nadu (638001). Bidders must align their delivery capabilities and compliance with Tamil Nadu regional requirements and IOC procurement standards.

What is required in the bid submission instead of EMD?

A Bid Security Declaration must be submitted within the Technical Bid in lieu of EMD. Failure to include this declaration results in rejection. Ensure signature, date, and per ATC instructions accompany the Technical Bid.

How will payments be handled for this IOC service contract?

Specific payment terms are not disclosed; bidders should anticipate IOC standard procurement payment practices and ATC-referenced terms upon contract award, including milestone or completion-based payments as applicable to the service contract.

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