Oil India Limited (OIL), a “Navaratna” Category, Government of India Enterprise, is a premier oil Company engaged in exploration, production and transportation of crude oil & natural gas with its Headquarters at Duliajan, Assam and KG Basin Project Office at Kakinada, Andhra Pradesh, India.
In connection with its operations, OIL invites International Competitive Bids (ICB) from competent and experienced Contractors through OIL’s eprocurement site for Hiring of Services for inspection and maintenance of tubulars at yard/well site for a period of 2 (two) years, extendable by another 1 (one) year. One complete set of Bid Document covering OIL's IFB for hiring of above services is uploaded in OIL’s e-procurement portal. You are invited to submit your most competitive bid on or before the scheduled bid closing date and time through OIL’s e-procurement portal.
Tender No.: CEG8190P16
For your ready reference, few salient points of the IFB (covered in detail in the Bid Document) are highlighted below:
IFB No. CEG8190P16
Type of Tender ICB (Press) under Single Stage-2 (two) bid System
Sale of Tender document 21.08.2015 to 04.09.2015
Cost of Tender document Rs.10,000.00 or USD 160.00
Duration of the Contract The Contract shall be initially for a period of 2 (two) years from the date of Commencement of the Contract with an option to extend the Contract period for 1 (one) year at the discretion of Company at the same rates, terms and conditions.
Quantum of Liquidated Damage for Default in Timely Mobilisation @ 0.5 % per week or part thereof of estimated total Contract value subject to maximum of 7.5%. xvii.
Bids to be addressed to Executive Director (kgb & bep), Oil India Limited D.No.11-4-7, 3rd Floor Nokalamma Temple Street Ramaraopet, Kakinada-533004.
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