Tender Title: CO Promoter
Tender Reference Number: GEM/2025/B/6124290
Issuing Authority/Department: Indian Oil Corporation Limited, Ministry of Petroleum and Natural Gas
Scope of Work and Objectives
The CO Promoter tender is aimed at establishing a comprehensive framework for the procurement of Carbon Monoxide (CO) promotional systems. The primary objective is to enhance the operational efficiency of the Indian Oil Corporation Limited through the integration of innovative CO promotional technologies. Bidders are expected to provide sophisticated solutions that align with the company's sustainability goals and operational mandates.
Eligibility Criteria
All interested bidders must meet certain eligibility requirements to participate in the tender process. Companies should be legally registered entities with a strong market presence in the relevant sector. They must demonstrate a track record of similar past projects and have the necessary licenses and certifications to operate within the petroleum industry.
Technical Requirements
Submissions must include comprehensive technical proposals detailing the methodologies, technologies, and processes involved in the proposed solutions. Bidders should adhere to the highest quality standards and ensure compliance with industry regulations. Technical specifications must also align with the operational demands of Indian Oil Corporation Limited.
Financial Requirements
All proposals should be accompanied by detailed financial documents, including quotations and cost breakdowns. Bidders must provide evidence of their financial stability and capability to execute the proposed contract.
Document Submission Details
Bids should be submitted electronically via the GEM portal. It is essential that all documents adhere to the specified formats and submission guidelines outlined by the Indian Oil Corporation Limited. Timeliness and accuracy in document submission are critical.
Special Provisions
The tender promotes inclusivity and provides benefits for Micro, Small, and Medium Enterprises (MSEs) and startups. There may be provisions to encourage participation from local suppliers, aligning with national procurement policies.
Evaluation Process
The evaluation of bids will be based on a comprehensive assessment of technical capabilities and financial proposals. The selection committee will review submissions thoroughly to ensure that the chosen solution meets the operational and budgetary needs of Indian Oil Corporation Limited.
Delivery Locations
While specific delivery locations are not explicitly stated, bidders should be prepared to discuss logistical arrangements to service Indian Oil Corporation Limited’s multiple operational sites.
Contact Information
For additional details and clarifications regarding the tender, bidders are encouraged to reach out directly to the Indian Oil Corporation Limited. Contact details may be available through the GEM portal or official documentation pertaining to the tender.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
6 DocumentsDocuments Required from Seller
- Experience Criteria
- Bidder Turnover
- Certificate (Requested in ATC)
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Compliance of BoQ specification and supporting document *In case any bidder is seeking exemption from Experience / Turnover Criteria
- the supporting documents to prove his eligibility for exemption must be uploaded for evaluation by the buyer
Similar Tenders
Frequently Asked Questions
The eligibility requirements include being a registered entity within the petroleum sector, demonstrating a history of similar project execution, and possessing all required certifications and licenses. Bidders are expected to provide comprehensive documentation that supports their capability to fulfill the objectives of the tender. It’s crucial to have a strong financial standing, indicating the ability to undertake the project financially.
Bidders are required to submit technical proposals that comply with specified technical specifications outlined by Indian Oil Corporation Limited. These should address methodologies, technological solutions, and operational processes, ensuring they align with industry standards. Moreover, the proposed solution must demonstrate innovation and efficiency to enhance CO promotional systems.
Participants must present a detailed financial proposal detailing their fee structures and budget allocations. It is also necessary to submit proof of financial stability, which may include balance sheets or bank guarantees. The financial submission should ideally reflect a comprehensive understanding of the tender’s scope and align with Indian Oil Corporation Limited’s budgetary expectations.
Bids must be submitted electronically through the GEM platform, ensuring all required documents meet the specified submission formats. While specific key timelines are beyond our scope of discussion, it is essential for bidders to be vigilant about the deadlines to ensure timely participation in the tender evaluation process.
Yes, the tender provisions include specific benefits for MSEs and startups to encourage their participation. This may include relaxed eligibility criteria, preferential evaluation during the assessment phase, and additional support or guidance through the bidding process, aimed at promoting local industry development.
Probable Bidders
Get Tender Alerts
Get notifications for similar tenders