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INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2025/B/6168799)

LT Panel

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INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2025/B/6168799)

Tender Timeline

Tender Issue
April 24, 2025 at 7:06 PM

Tender Title: Supply of LT Panel

Reference Number: GEM/2025/B/6168799

Issuing Authority/Department: Indian Oil Corporation Limited, Ministry of Petroleum and Natural Gas

The Supply of LT Panel tender presents an significant opportunity for vendors looking to engage with a reputed institution in the energy sector. The Indian Oil Corporation Limited is seeking bids for the supply of Low Tension (LT) Panels, essential components for various electrical installations within its operational framework.

Scope of Work and Objectives

The primary scope of this tender includes the design, manufacturing, testing, and delivery of LT Panels that meet specific industry standards and operational needs. This project aims to ensure the safety and efficiency of electrical installations across various facilities managed by Indian Oil Corporation. The objectives include providing high-quality panels that are durable, compliant with electrical safety regulations, and capable of sustaining critical functionalities.

Eligibility Criteria

Potential bidders must meet the following eligibility requirements:

  • The bidder should be a registered entity under relevant laws.
  • The bid submission should include all necessary documentation proving the technical capabilities and experience in dealing with similar projects.
  • Financial stability and past performance in providing LT Panels will be assessed during the review of bids.

Technical Requirements

Bidders are required to submit LT Panels conforming to applicable national and international standards. The panels should be designed for durability and efficiency, capable of handling the specified load requirements. Additional specifications may require compliance with electrical safety norms, but detailed requirements will be provided during the bid evaluation process.

Financial Requirements

Bidders should be prepared to share comprehensive financial statements and pricing structures for the LT Panels. All financial propositions must be in accordance with the organizational policies of the Ministry of Petroleum and Natural Gas.

Document Submission Details

Bidders must ensure to submit all required documentation, including technical proposals, financial bids, and any certificates that demonstrate compliance with necessary standards. All submissions should adhere to the specified format and guidelines outlined in the tender documentation.

Special Provisions

This tender also accommodates benefits for Micro, Small, and Medium Enterprises (MSEs) and startups, promoting inclusivity in the bidding process. Specific provisions will detail the advantages offered to eligible MSEs, encouraging their participation.

Evaluation Process

The evaluation process will assess technical qualifications, financial viability, and compliance with the outlined requirements. The bids will be scored on various criteria, ensuring that only the best-fitting proposals are considered for contract awarding.

Delivery Locations

The LT Panels must be delivered to designated facilities across various locations as specified by the Indian Oil Corporation. Bidders should account for logistics and handling in their proposals to ensure timely delivery.

Contact Information

For inquiries, interested bidders are encouraged to reach out to the official email provided upon request in the tender documentation. It is crucial to engage with the tendering authority for any clarifications or additional information required during the bidding process.


General Information

Item Category
LT Panel
State

Financial Information

Bid Offer Validity
120 (Days)
Arbitration Clause
Yes (Arbitration clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 Arbitration should not be routinely included in contracts
Mediation Clause
Yes (Mediation clause document) as per DoE OM No.F.1/2/2024-PPD dated 03.06.2024 mediation clause should not be routinely included in contracts and pre- litigation mediation can be taken up without any such clause also

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
Inspection Required
Yes
Technical Clarifications Time
7 Days

Tender Documents

7 Documents
GeM-Bidding-7771487.pdfMain Document
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER
Other DocumentsOTHER
Buyer uploaded ATC documentATC ATC
GEM General Terms and Conditions DocumentGEM_GENERAL_TERMS_AND_CONDITIONS

Documents Required from Seller

  • Experience Criteria
  • Certificate (Requested in ATC)
  • OEM Authorization Certificate *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 being a registered entity, complying with national regulations, and demonstrating relevant experience in similar projects. Bidders must also provide technical qualifications and financial stability to be considered.

To qualify for the LT Panel supply, bidders must submit a comprehensive set of documents including technical specifications, financial statements, and any necessary certifications that demonstrate adherence to quality standards and compliance requirements.

Bids must be submitted via the designated electronic submission portal indicated in the tender documentation. Ensure that all required documents are complete and properly formatted to avoid disqualification.

Successful bidders will be required to submit a performance security deposit, typically a percentage of the contract value, to ensure adherence to the contract’s terms and conditions. Detailed requirements will be outlined upon bid acceptance.

Micro, Small, and Medium Enterprises (MSEs) can benefit from specific provisions designed to promote their participation in the tender process. These might include reduced financial criteria, assistance in documentation, and priority in evaluation, aligning with government policies aimed at strengthening local businesses.

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