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Indian Oil Corporation Limited Tender

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Indian Oil Corporation Limited

  • Opening Date

    15 Nov 2019

  • Closing Date

    09 Dec 2019

  • Tender Amount

    ₹ 23,42,66,325

Costs
  • EMD₹ 2,93,000
  • Document CostRefer document
  • Tender FeeRefer document
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Summary

Appointment of Carrying and Forwarding Agent (Cfa) at Kanpur for Lubricants

Description
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TENDER NO: RCC/NR/UPSO1/LUBE/PT-170/19-20 Appointment of Carrying & Forwarding Agent (CFA) at Kanpur for Lubricants. NOTICE INVITING E-TENDER We propose to invite Public Tender in TWO BID System (Part A - Technical / Commercial Bid and Part B - Price Bid) from reputed technically competent, quality conscious and financially sound contractors fulfilling the qualifying criteris for the subject work. Bidders are requested to go through the “Bidders Manual Kit” available in the homepage of the e-tendering portal i.e. https://iocletenders.nic.in. The details of the works are as below: 1. TENDER NO. : RCC/NR/UPSO1/LUBE/PT-170/19-20 2. E-TENDER ID 2019_NRO_107890_1 3. NAME OF WORK : Appointment of Carrying & Forwarding Agent (CFA) at Kanpur for Lubricants. 4. ESTIMATED VALUE OF WORK : Total Estimated value of work is Rs. 23,42,66,325.00 for a period of 8 (Eight) years inclusive of GST@ 18%. Estimated Value for a period of 1 (One) year inclusive of GST@ 18%, is Rs. 2,92,83,291/- 5. EARNEST MONEY DEPOSIT : Rs.2,93,000/- (Rupees Two Lacs Ninety Three Thousand Only) EMD should be deposited as detailed below:  Online EMD payment through Net Banking or NEFT/RTGS  Bank Guarantee as an instrument towards Earnest money deposit shall be accepted only if amount of EMD is more than Rupees One lakh. For detail about process of payment of online EMD, bidders shall refer “Special Instructions to the Bidder (SITB)” and “FAQs - Online EMD Facility in IOCL e-Tendering” documents attached separately along with the tender. Offline EMD payment through Demand Draft (DD), Bankers Cheque (BC) and Swift Transfer shall not be accepted. TENDER NO: RCC/NR/UPSO1/LUBE/PT-170/19-20 Appointment of Carrying & Forwarding Agent (CFA) at Kanpur for Lubricants. In case of Bank Guarantee, bidder will upload scanned copy of BG as exemption document. Original BG shall be sent by the bidders /bank to Tender Issuing Authority as mentioned in the tender. Original BG should reach to Tender Issuing Authority within 7 working days from the date of opening of technical bids, For the purpose of receipt of BG, the time recorded in the receipt/DAK section against receipt shall be considered as receipt time. Only those physical BG instruments found matching with the copy submitted in the e-portal shall be considered as valid. Bank Guarantee for value up to Rs Two Crores can be accepted if it is issued by an Indian Branch of any Scheduled Bank appearing in the Second Schedule to the RBI Act of 1934 and should be valid for six (06) months from the date of opening of technical bid. If needed, validity of BG should be extended by the party / Bank. The name, designation and authorized signatory number of the bank officials signing the BG should be mentioned with their signature on the BG. This applies for renewal, amendments and revalidation of BGs also. Bank Guarantee should be submitted as per enclosed proforma only by the Tenderer. BG may be received directly either from the bank or the vendor through any mode (Registered post/Speed Post/Courier or by hand) only in a sealed envelope and should not be in open condition. If BG towards EMD is submitted in any manner other than aforesaid, the Tender is liable to be rejected. If the original BG instrument is not received by the due date and time as specified above, the bid shall be summarily rejected. Exemption from submission of EMD: a. Exemption from payment of EMD shall be allowed to all TENDER NO: RCC/NR/UPSO1/LUBE/PT-170/19-20 Appointment of Carrying & Forwarding Agent (CFA) at Kanpur for Lubricants. Micro & Small parties registered with any of the following agencies/bodies as per Public Procurement Policy for Micro & Small Enterprises(MSE) Order 2012 provided that the registration certificate issued by any one of these below mentioned agencies must be valid as on close date of tender.

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