Payment Service Provider Selection for CPCL Retail Outlets

Work Description - Selection Of Payment Service Provider (psp) For Cpcl Retail Outlets

Chennai Petroleum Corporation Limited (CPCL), a Public Sector Undertaking, invites sealed bids through an open tender process for the Selection of a Payment Service Provider (PSP) for its retail outlets. This procurement opportunity, identified by Tender Reference Number CPCLV26272 and Tender ID 2026_DGMMC_10335_1, is categorized under Goods, with the product category being Services. The work involves the critical function of managing payment services for CPCL's retail network. Prospective bidders are advised that this is a Tender cum Auction, with a single stage bidding process. The tender documents are available for download from 22-Jul-2026, 05:00 PM, and the submission deadline is 07-Aug-2026, 11:00 AM. The bid opening will take place on 07-Aug-2026 at 02:00 PM at CPCL- Manali, Chennai. An Earnest Money Deposit (EMD) of ₹8,56,000 is required, payable to Chennai Petroleum Corporation Limited in Chennai. Bidders are permitted to submit EMD through Bank Guarantee (BG) or Standby Trust (ST). The tender requires a two-cover submission system, with Cover 1 containing the EMD Instrument, integrity pact, pre-qualification documents, annual turnover statements, PAN card, income tax returns, authorization documents, and various other specified formats and declarations. Cover 2 will house the Price Bid (BOQ). The bid validity period is 180 days. CPCL emphasizes adherence to all stipulated pre-qualification criteria and submission requirements as detailed in the tender documents. Further information, including the pre-bid meeting details, can be found within the tender documentation.