INDIAN OIL CORPORATION LIMITED Tender by Iocl Business Development (GEM/2025/B/6154079)

Tender Title: Hiring of Consultants - Milestone/Deliverable Based - Technology Consultants; Project Management
Reference Number: GEM/2025/B/6154079
Issuing Authority/Department: Indian Oil Corporation Limited, Ministry of Petroleum and Natural Gas

Scope of Work and Objectives

The primary objective of this tender is to procure high-level consultancy services based on milestones and deliverables in the area of technology consulting and project management. The selected consultants will be responsible for providing expert guidance, management support, and insight into various technological strategies that align with the goals of the Indian Oil Corporation Limited. The consultancy services will focus on enhancing operational efficiency, risk management frameworks, and development of technology implementation plans.

Eligibility Criteria

To be eligible to participate in this tender, bidders must be registered entities with relevant experience in offering consultancy services in technology and project management. Bidders should possess proven track records in handling similar projects, understanding of the petroleum sector, and compliance with necessary statutory requirements.

Technical Requirements

Interested bidders are required to meet specific technical requirements, which may include but are not limited to:

• Expertise in industry-specific technologies and methodologies
• Certifications from recognized bodies relevant to consultancy and project management
• Proven records of successful project completion with measurable outcomes
• Ability to provide a comprehensive project plan and methodology tailored to Indian Oil Corporation's requirements

Financial Requirements

All bidders must provide financial documentation showing their capability to handle the financial aspects of the consultancy services. This may include:

• Financial statements for the past three years
• A valid Earnest Money Deposit (EMD) as stipulated by the tender guidelines
• Evidence of adequate insurance coverage

Document Submission Details

All submissions must be made electronically through the designated portal. Complete documentation, including technical and financial proposals, must be clearly labeled, formatted as specified, and submitted by the deadline stated in the tender announcement.

Special Provisions

This tender provides special considerations for Micro, Small, and Medium Enterprises (MSEs) and Startups, facilitating participation through relaxations in certain eligibility criteria. This aims to promote entrepreneurship and local business engagement. Bidders must ensure compliance with the relevant provisions linked to these segments.

Evaluation Process

Bids will be evaluated based on a combination of technical merit and financial proposal. The selection committee will assess each bid according to prescribed criteria, including but not limited to quality of past delivery, innovative approaches to project management, and cost competitiveness. Feedbacks will be provided to all participating bidders post-evaluation.

Delivery Locations

Consultancy services are expected to be provided in various locations as determined by the Indian Oil Corporation. Bidders may need to be flexible and modular in their approach to accommodate the specified delivery locations.

Contact Information

For additional queries and clarifications, the contact information of the relevant departmental authority can be obtained through the Indian Oil Corporation's official website or procurement portal.

This tender represents a significant opportunity for qualified consultants to collaborate with a leading entity in the energy sector. Interested parties are encouraged to prepare their bids thoroughly, ensuring all technical and financial aspects are addressed comprehensively.