Tendernotice - 1 - 2024-04-14T171933.557
Tendernotice - 1 - 2024-04-14T171933.557
Tendernotice - 1 - 2024-04-14T171933.557
Indian Oil Corporation Limited invites online electronic bids through e-tender portal under two
bid system for the subject work from bonafide Indian contractors fulfilling the qualifying
requirements stated hereunder and in tender documents.
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g. Limitation of liability As per clause 8.6.0.0 of GCC of tender documents
h. Currencies & payment As per clause 26.0.0 of SIT-Commercial of tender documents.
Payment terms as per clause 12 of SCC of tender documents.
i Place of Payment All the payments in Indian Rupees shall be released from the
VIM Centre, IOCL, Noida
3.0 CRITICAL DATES
a. Start date for 13.03.2024
download of Tender
Document
b. Pre-Bid Meeting 20.03.2024 at 14:30 Hrs through Online mode.
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completed work for evaluation shall be considered as under:
(a) One similar completed work (including service tax/
including goods and services tax) costing not less than the
value mentioned below,
Amount (in Rs. Lakh)
268.53
OR
(b) Two similar completed works (including service
tax/including goods and services tax) each costing not less
than the value mentioned below
Amount (in Rs. Lakh)
214.82
OR
(c) Three similar completed works (including service
tax/including goods and services tax) each costing not less
than the value mentioned below.
Amount (in Rs. Lakh)
161.12
Last 07 years are defined as last seven years ending on last day of
the month, immediately previous to the month in which the last
date of bid submission falls. Even in case the bid submission is
extended, the date originally considered as reference date for
experience criteria shall remain unchanged.
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Complete Details as per clause 29.0.0 of SIT-Commercial of tender
documents.
b. Performance Initial Security Deposit shall be 2.5 % of Nominal Contract Value which is
Security/ISD/SD required to be submitted at time of contract signing. Alternatively, full
Security Deposit@10% of nominal contract value may be submitted.
c. Concurrent Not Applicable
Commitment
requirement
d. Net worth Not Applicable
e. Integrity Pact (In case Not Applicable
of Tenders>10 Crs)