Procurement of Lubricity Additives for IndianOil Refineries

Work Description - Rate Contract For Procurement Of Lubricity Additive For Iocl Refinery Units

IndianOil, a Central Government Ministry/Department, operating through the DGM, Materials at CPC, Materials Department, IOCL RHQ, Scope Complex, Lodhi Road, New Delhi, invites eligible and interested bidders for an Open Tender (Tender ID: 2026_REFHQ_190536_1, Reference Number: RHQMM26422). This tender is for a Rate Contract for the procurement of Lubricity Additive for various IOCL Refinery units, categorised as 'Goods' under 'Chemical - Chemicals and Additives', with a proposed contract period of 730 days. There is no Tender Fee required; however, a fixed Earnest Money Deposit (EMD) of ₹ 29,74,287 is mandatory, with provision for EMD exemption via BG/ST. EMD payments can be made through Online Net Banking or NEFT/RTGS. The tender was e-published on 10-Jul-2026 at 03:30 PM, with document download commencing on 10-Jul-2026 at 03:35 PM and concluding on 10-Aug-2026 at 03:00 PM. A crucial Pre-Bid Meeting is scheduled for 17-Jul-2026 at 11:00 AM at IOCL RHQ, Core 2 Scope Complex, Lodhi Road, New Delhi 110003, for clarification of tender specifications. Bid submission will open on 27-Jul-2026 at 10:00 AM and will close on 10-Aug-2026 at 03:00 PM, followed by the Bid Opening on 11-Aug-2026 at 03:00 PM at IOCL, RHQ, NEW DELHI. This Open Tender follows a two-cover system, comprising separate submissions for Fee/Pre-Qualification/Technical and Financial bids. Bids submitted will remain valid for 120 days from the bid opening date. The tender allows for preferential bidding, and the entire process will be overseen by Independent External Monitors, namely Vice Admiral Arun Kumar Bahl Indian Navy (Retd.), Shri Santanu Mukherjee Ex-MD State Bank of Hyderabad, and Shri Jagdish Prasad Meena IAS (Retd.). Prospective bidders are strongly encouraged to download all associated tender documents and diligently adhere to all instructions and requirements for successful participation.