Oil India Limited Corrosion Inhibitor Tender India 2026 – Supply Contract under GST and EMD Terms

Tender Overview

Oil India Limited invites bids for the supply of a Corrosion Inhibitor. The procurement involves the complete supply of goods with no BOQ items listed. The tender specifies GST considerations, PAN/GSTIN requirements, and an EFT mandate submission. An option clause allows a ±25% quantity adjustment at contracted rates, with delivery extensions calculated per the formula provided. The scope centers on material supply with standard documentation and adherence to payment terms outlined in the bid conditions. This opportunity targets suppliers capable of steady, compliant delivery within the original or extended delivery windows and prepared to upload required certificates to prevent bid rejection.

Technical Specifications & Requirements

• Product: Corrosion Inhibitor
• Scope: Only supply of goods; no installation or services described
• Documentation: Upload certificates/documents sought in Bid Document, ATC, and Corrigendum
• GST: Bidder bears GST applicability; reimbursement as actuals or applicable rate (whichever is lower), within quoted GST %
• Compliance: PAN, GSTIN, cancelled cheque, EFT mandate (bank-certified) required for vendor code creation
• Option Clause: Purchaser may increase/decrease quantity by up to 25% during contract and during currency; delivery time adjustments follow (Increase/Original quantity) × Original delivery period with minimum 30 days
• Delivery: Period starts from last date of original delivery order; extension mechanics apply if option exercised
• Certificates: Required as per bid document; non-upload may lead to rejection
• Scope note: No explicit material specifications, performance metrics, or standard codes listed

Terms, Conditions & Eligibility

• EMD/Financials: EMD amount not stated; however, terms emphasize bid security and vendor readiness
• Documentation: PAN, GSTIN, cancelled cheque, EFT mandate certified by bank required for Vendor Code Creation
• GST: Bidder bears applicable GST with reimbursement as per actuals or lower rate
• Delivery & Payment: Delivery terms linked to option clause; payment terms defined in contract
• Compliance: Upload all certificates or bid-specific documents; non-compliance may reject bid
• Eligibility: Not explicitly numeric; bidders must meet bid document certificate requirements and GST compliance