Visakhapatnam Gem Tender 2026 Petromar Engineered Solutions Authorization Required Security Equipment Procurement 2026

Tender Overview

The procurement opportunity is located in VISAKHAPATNAM, ANDHRA PRADESH (530001) and relates to a government tender managed through the GEM portal. Although the exact product category and organization name are not disclosed, the terms specify that only offers from M/s. Petromar Engineered Solutions Pvt. Ltd. and its authorized dealers will be accepted. An important quantity flexibility clause allows a 25% increase/decrease in bid quantity at contract award and during the contract term at contracted rates, with delivery timing adjustments governed by a defined formula. This tender emphasizes supplier authorization and strict adherence to the option clause, making authorized partnerships essential for participation.

Key differentiator is the explicit authorization requirement and the option-based quantity flexibility, which directly impacts pricing, delivery planning, and contract risk management. The absence of BOQ items or explicit product specs suggests potential alignment with a single-supplier approach via Petromar. The delivery framework references the original and extended delivery periods, ensuring suppliers plan for phased or variable orders under a 30-day minimum additional time, depending on the option exercise.

Overall, bidders should verify authorization letters and prepare to respond quickly to quantity fluctuations while meeting delivery and contract-rate conditions under the specified ATC terms. The tender is positioned to favor authorized Petromar channels and requires careful contract logistics planning.

Technical Specifications & Requirements

• Option Clause permits +/- 25% quantity variation at contract placement and during currency at contracted rates.
• Delivery period calculations: remaining delivery days form the basis for extended time, with a minimum extension of 30 days.
• If the original delivery period is under 30 days, the extension equals the original period.
• The purchaser can extend the calculated duration up to the original delivery period when exercising the option clause.
• Authorized supplier condition: Offers from M/s. Petromar Engineered Solutions Pvt. Ltd. or their authorized dealers only; requires valid authorization letter.
• No BOQ items or product specifications are provided in the data.

Terms, Conditions & Eligibility

• Quantity flexibility: +/- 25% at bid and during contract; delivery schedule adjusts accordingly.
• Authorized supplier requirement: Only Petromar Engineered Solutions Pvt. Ltd. or authorized dealers may submit bids; non-authorized bids are rejected.
• Delivery timing: Calculated using the extended delivery period rules; minimum 30 days extension in applicable cases.
• Bidders must comply with the option clause terms and submit appropriate authorization documentation.
• Additional terms and conditions are provided in the buyer-added ATC documents and must be reviewed prior to submission.