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INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2025/B/6053544)

45 MM Bi Injection Caps,3D Holographic Induction sealing wads-Promo,3D Holographic Induction sealin

Goods
Qty:37.5Cr
INDIAN OIL CORPORATION LIMITED Tender by Indian Oil Corporation Limited (GEM/2025/B/6053544)

Tender Timeline

Tender Issue
March 18, 2025 at 4:15 PM
Corrigendum
April 22, 2025 at 05:14 PM
Bid Extended to April 28, 2025 at 02:00 PM

Tender Title: Supply of 45 MM Bi Injection Caps and 3D Holographic Induction Sealing Wads
Tender Reference Number: GEM/2025/B/6053544
Issuing Authority/Department: Indian Oil Corporation Limited, under the Ministry of Petroleum and Natural Gas

The Indian Oil Corporation Limited (IOCL) is seeking proposals for the supply of 45 MM Bi Injection Caps and 3D Holographic Induction Sealing Wads. This tender is aimed at establishing a supply partnership with qualified vendors to meet the growing demands for high-quality sealing solutions. The overall objective is to ensure cost-effective, timely, and compliant deliveries that meet stringent quality requirements.

Scope of Work and Objectives

The scope of work involves the provision of a total quantity of 374,597,040 units of various sealing products, including both promotional and non-promotional types. Vendors are expected to deliver products that adhere to high-quality standards and provide efficient sealing solutions for packaging needs. The objectives include achieving sustainability in sourcing, minimizing lead times, and ensuring compliance with industry standards.

Eligibility Criteria

To be eligible to participate in this tender, bidders must possess valid registration with the appropriate regulatory authorities and meet prescribed financial stability requirements. Companies should demonstrate prior experience in supplying similar products with a proven track record of timely deliveries. Preference may be given to Micro, Small, and Medium Enterprises (MSEs) and startup entities to encourage innovation and inclusivity in the tendering process.

Technical Requirements

Vendors must comply with product specifications and quality standards suggested by IOCL. The technical requirements include the provision of detailed product datasheets, certifications of quality, and compliance documentation that reflect adherence to quality standards set by regulatory bodies. Bidders may be required to pass a series of testing criteria ensuring that product functionalities meet market expectations.

Financial Requirements

Bidders should have the capacity to meet financial requirements including but not limited to providing an Earnest Money Deposit (EMD) along with their submissions. Financial stability documentation, including balance sheets and previous project financials, may also be required to demonstrate capability in fulfilling the contract.

Document Submission Details

Prospective vendors are required to submit their bids electronically, including all necessary documentation in specified formats. Detailed instructions regarding submission methods and required documents will be provided in the full tender announcement.

Special Provisions

The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups by providing special provisions that may include reduced financial scrutiny and simplified compliance requirements. Participation from Make in India compliant entities is also a priority, reflecting the initiative to promote local manufacturing.

Evaluation Process

Bids will undergo a thorough evaluation process focused on technical, financial, and compliance metrics. The evaluation team will assess each proposal based on predefined criteria, including product quality assurance, pricing, and conformity to specifications.

Delivery Locations

Successful bidders will be responsible for the delivery of the products to designated sites stipulated by the Indian Oil Corporation Limited, which may include various facilities across the country.

Contact Information

For inquiries regarding this tender, potential bidders are encouraged to refer to the official contacts listed in the tender announcement.

In summary, this tender represents a significant opportunity for qualified vendors to become suppliers for one of India's leading petroleum companies, emphasizing quality, compliance, and competition in the supply of critical sealing products. Participation is open to a wide range of businesses, particularly those that support local manufacturing initiatives.


General Information

Item Category
45 MM Bi Injection Caps , 3D Holographic Induction sealing wads-Promo , 3D Holographic Induction sealing wads-Non Promo
City

Financial Information

Bid Offer Validity
120 (Days)
Arbitration Clause
No
Mediation Clause
No

Evaluation and Technical Information

Evaluation Method
Total value wise evaluation
RA Qualification Rule
H1-Highest Priced Bid Elimination
Inspection Required
Yes
Technical Clarifications Time
7 Days

Tender Documents

7 Documents
GeM-Bidding-7640641.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

  • 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

Corrigendum Updates

Bid Extended to April 28, 2025 at 02:00 PMModified on April 22, 2025 at 05:14 PM
Bid Opening April 28, 2025 at 02:30 PM

Frequently Asked Questions

The eligibility requirements include the necessity for bidders to be registered entities with a valid licensing in their respective operational areas. Suppliers should demonstrate sound financial stability and prior experience in delivering similar products. Market presence and previous project history may factor into assessments of capability and reliability.

Bidders must provide relevant certificates confirming compliance with industry standards and regulations. This may include quality certifications such as ISO, specific product safety certifications, and environmental compliance documents. Suppliers should ensure that all documents are up to date and reflect current practices in their operations.

Prospective participants can register through the official portal where the tender is published. The registration process generally involves filling out an application form, submitting necessary documentation, and complying with any prerequisites outlined in the tender documentation. Ensuring all required fields are completed accurately can facilitate a smoother registration process.

Bidders must adhere to specific document formats as outlined in the tender notice. Commonly accepted formats include PDF for documents and spreadsheets in Excel format for financials and pricing. Ensuring documents are formatted according to specifications is essential for successful bid submission.

Payment terms are typically outlined in the contract awarded post-evaluation. Vendors may be required to submit a performance security to guarantee fulfillment of their obligations. The security amount typically depends on the contract value and may be retained until successful completion of the contract to ensure compliance and accountability.

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