Indian Oil Corporation Limited 10-Item BOQ Procurement Tender 2026 - IOC Purchase Tender 2026

Tender Overview

Indian Oil Corporation Limited invites bids for a 10-item BOQ procurement under the Buyer Added ATC terms for 2026. The scope is described through the BOQ with 10 items, though explicit item descriptions, quantities, and total estimated value are not disclosed in the provided data. The procurement involves an option clause allowing up to 25% quantity variation at contracted rates, with delivery timelines tied to the last delivery order date and extended periods. Bidders must comply with the option-based delivery extension logic and ensure financial standing to avoid liquidation or bankruptcy. GST implications will follow the bidder’s own assessment, with reimbursement as per actuals or applicable rates, up to the quoted GST percentage.

Technical Specifications & Requirements

• No explicit technical specifications are provided in the tender data.
• Key contractual nuances include: option clause permitting up to 25% quantity change, delivery period adjustments, and delivery time calculated as (increased quantity ÷ original quantity) × original delivery period with a minimum of 30 days.
• The tender references an uploaded ATC document and an environment where bidders must align with the purchaser’s terms and conditions. The 10 listed items imply a multi-line procurement needing cross-check against the ATC for product categories and performance expectations.
• The data indicates GST considerations and bidder financial integrity as core compliance areas.

Terms, Conditions & Eligibility

• Bidders must avoid liquidation or similar proceedings and upload an undertaking affirming financial stability.
• GST applicability is the bidder’s responsibility; reimbursement is capped to the quoted rate or actuals, whichever is lower.
• The Purchaser reserves the right to adjust quantities up to 25% during both initial ordering and contract currency, with delivery extensions as specified by the option clause.