INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2025/B/6057531)
Procurement of 028-V-002 inlet barrel vessel installed in SARU unit at IOCL Paradip Refinery
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Tender Title: Procurement of 028-V-002 Inlet Barrel Vessel Installed in SARU Unit at IOCL Paradip Refinery
Tender Reference Number: GEM/2025/B/6057531
Issuing Authority: Indian Oil Corporation Limited (Under the Ministry of Petroleum and Natural Gas)
The procurement project involves the acquisition of the 028-V-002 inlet barrel vessel which will be installed in the Saru unit at the IOCL Paradip Refinery. The primary objective of this tender is to ensure that the refinery operates at its optimal capacity, maintaining industry standards and ensuring efficient production processes.
Scope of Work and Objectives
The scope of work encompasses delivery, installation, and commissioning of the inlet barrel vessel, which is a critical component for maintaining the operational effectiveness of the refinery. The selected bidder will be responsible for ensuring that the equipment meets the specified technical and safety standards, as outlined in the tender documentation.
Eligibility Criteria
To participate in this tender, bidders must meet certain eligibility requirements which include being a registered entity with the relevant authorities, having prior experience in similar procurement projects, and proving capability in delivering and installing high-quality industrial equipment.
Technical Requirements
Bidders must demonstrate compliance with technical specifications, which include details about the design, materials used, and adherence to safety and quality standards. Evidence of past experience with similar installations will be a significant factor in the technical evaluation.
Financial Requirements
Eligible bidders must provide comprehensive financial documentation that may include proof of financial stability, bank guarantees, and details of the Earnest Money Deposit (EMD). This ensures that bidders are capable of fulfilling the financial commitments associated with the project.
Document Submission Details
Interested parties must submit their bids electronically through the designated platform in the specified format. All required documents must be attached to the submission, including technical and financial proposals.
Special Provisions
This tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups through certain provisions that may include benefits such as reduced tender submission fees and relaxed technical requirements. This initiative aligns with the government's objectives to promote local enterprises.
Evaluation Process
The evaluation of bids will be based on a combination of technical and financial assessments. Bidders will be ranked based on their adherence to technical specifications, cost-effectiveness, and previous project experiences. The selection process aims to ensure that the best value is provided to the Indian Oil Corporation Limited.
Delivery Locations
Successful bidders will be responsible for delivering the equipment to the IOCL Paradip Refinery, ensuring that all logistical plans comply with safety and operational protocols.
Contact Information
For further clarifications or inquiries, bidders can reach out to the designated contact person listed in the official tender documentation. Please ensure that all communications are formal and through the specified channels to achieve a timely response.
Conclusion
This tender represents a significant opportunity for qualified suppliers to contribute to essential operations in the energy sector. Bidders are encouraged to thoroughly review the tender requirements and ensure compliance with all specified criteria before submission.
General Information
Financial Information
Evaluation and Technical Information
Tender Documents
9 DocumentsDocuments Required from Seller
- Additional Doc 1 (Requested in ATC)
- Additional Doc 2 (Requested in ATC)
- Additional Doc 3 (Requested in ATC)
- Additional Doc 4 (Requested in ATC) *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
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Frequently Asked Questions
The eligibility requirements include that bidders must be registered entities capable of providing the required products and services. They are also required to demonstrate previous experience in similar projects and have financial stability to ensure the successful execution of the contract.
The technical specifications include the design, materials used, and compliance with safety and quality standards as set forth in the tender documentation. Bidders must ensure their submissions include comprehensive evidence of compliance with these specifications.
Bidders are required to include an Earnest Money Deposit (EMD), the amount of which is specified in the tender documents. This deposit acts as a security for the bid and will be refunded to unsuccessful bidders post-evaluation.
Bids must be submitted electronically through the designated procurement platform, ensuring that all required documents are in the accepted formats as specified in the tender details. It is crucial for bidders to follow the submission guidelines meticulously to avoid disqualification.
The tender includes special provisions to support Micro, Small, and Medium Enterprises (MSEs), such as reduced fees and additional qualification criteria that facilitate easier participation. This strategy aligns with the government’s initiative to promote local businesses and foster economic growth.
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