Tender Title: Supply of Plug Valves (V2) as per IS 10459
Tender Reference Number: GEM/2025/B/6038283
Issuing Authority: Indian Oil Corporation Limited
Department: Ministry of Petroleum and Natural Gas

Scope of Work and Objectives

The purpose of this tender is to procure Plug Valves (V2) adhering to the IS 10459 standards. The selected vendor will be responsible for supplying these essential components to support various operational requirements within the oil and gas sector. The primary objectives include ensuring high-quality supply, strict adherence to timelines, and compliance with safety and operational standards mandated by the Indian Oil Corporation Limited.

Eligibility Criteria

To qualify for bidding on this tender, prospective bidders must meet the following eligibility criteria:

• Possession of a valid business registration and licensing as per government standards.
• Capability to demonstrate previous experience in supplying similar products in compliance with IS 10459.
• Capability to meet financial requirements, including proving adequate liquidity or experience in handling large contracts.

Technical Requirements

Bidders must comply with the technical requirements which include but are not limited to:

• Supply of Plug Valves that meet the specifications outlined in IS 10459.
• Demonstration of adherence to quality standards and performance benchmarks during product testing.
• Providing all necessary documentation to prove compliance with industrial standards.

Financial Requirements

The tender involves financial commitments, including a requirement to provide an Earnest Money Deposit (EMD) as specified in the tender documents. Potential bidders should demonstrate their financial stability and readiness to take on the contract's financial obligations.

Document Submission Details

The submission of bids requires adherence to structured documentation:

• All proposed documentation must be submitted in the specified format.
• Bidders are encouraged to submit their proposals electronically, ensuring all documents are clearly labeled and organized.
• Relevant certificates and compliance documents should accompany the primary bid submission.

Special Provisions

Provisions may exist for Micro, Small, and Medium Enterprises (MSEs) and startups to encourage participation. Interested bidders are encouraged to refer to the tender documentation for specific benefits or provisions applicable to these categories.

Evaluation Process

The evaluation of bids will be performed based on a structured procedure:

• An initial review for compliance with eligibility and technical specifications.
• Financial assessment may follow, with considerations towards price evaluation and total cost of ownership.
• Final selection will culminate in notification to successful bidders based on the overall scoring of submitted proposals.

Delivery Locations

Successful bidders will be required to deliver the Plug Valves to designated locations as outlined in the contract. Bidders should be prepared to manage logistical aspects pertaining to delivery timelines and locations.

Contact Information

For inquiries and further information about the tender, bidders should refer to the official communication channels provided by the Indian Oil Corporation Limited. Specific contact details may not be disclosed in this description, but appropriate channels for communication will be established during the tender process.

In conclusion, this tender presents an opportunity for relevant suppliers to showcase their capabilities in providing Plug Valves compliant with IS standards, ensuring the operational efficiency of clients in the oil and gas sector. Bidder participation is highly encouraged to maintain a competitive environment that promotes quality service delivery and compliance.