Indian Oil Corporation Limited (IOCL) is India’s largest commercial enterprise, which has been meeting India’s energy demands for over half a century. The company has issues a tender for purchase of 6,945 MT mild steel plates conforming to IS 2062 Gr.`B’/ IS 2062 E250B Fully Killed, for various locations of IOCL.
Domestic plate prices in India remain under pressure amid limited buying and trade activities. Currently prices at INR 37,000/MT (ex-Mumbai) and INR 39,000/MT (ex-Delhi)
Validity & delivery: The offer will be valid for the period of 4 months from the date of technical bid opening and the delivery period is of 6 months.
Eligibility criteria:
The annual turnover of the tenderer during any of the preceding three financial years (, 2014-15, 2015-16 & 2016-17) should not less than the amount Rs 1991.35 lakhs
Tenderer must have supplied the steel plates / HR Coil of any Grade during any of the last five years upto 31.10.2017, as per the details given below:
(i) Three Orders : Three similar completed orders each consisting ( on landed cost basis ) not less than amount equal to Rs 995.67 Lakhs OR
(ii) Two Orders : Two similar completed orders each consisting (on landed cost basis ) not less than amount equal to Rs 1327.56 Lakhs lakhs OR
(iii) Single Order : One similar completed orders each consisting ( on landed cost basis ) not less than amount equal to Rs 1659.45 lakhs
Tender schedule:
Bid submission due date: 15:00 hrs on 08 Dec’17
Bid opening date: 15:00 hrs on 11 Dec’17
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