IOCL

Financial BO

Works

Mechanical Works

Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery.

IndianOil

IOCL Paradip Refinery | Kendrapara, Odisha

Amount: ₹1.8 CrCloses: 31 Mar 2023Closed

Timeline

Published18 Mar 2023
Closed31 Mar 2023
Technical Evaluation12 Jun 2023
Financial Evaluation13 Jun 2023
Award—

Bids

Percentage

9 Bids13 Jun 2023

#	Company	Quoted %	Amount	Rank	Status
1	KALINGA INSULATION L1₹1.4 CrAdmitted-Finance	-23.33%	₹1.4 Cr	L1	Admitted-Finance
2	INSULREF Technologies Private Limited L2₹1.5 Cr+₹11.3 L (8.26%)Admitted-Finance	-17.00%	₹1.5 Cr+₹11.3 L (8.26%)	L2	Admitted-Finance
3	GRC ENGINEERING L3₹1.6 Cr+₹20.4 L (14.9%)Admitted-Finance	-11.88%	₹1.6 Cr+₹20.4 L (14.9%)	L3	Admitted-Finance
4	Sharad Insulations and Interiors Pvt. Ltd L4₹1.7 Cr+₹31.9 L (23.4%)Admitted-Finance	-5.40%	₹1.7 Cr+₹31.9 L (23.4%)	L4	Admitted-Finance
5	LLOYD INSULATIONS (INDIA) LIMITED L5₹1.7 Cr+₹34.1 L (25.0%)Admitted-Finance 2 KALKAJI INDUSTRIAL AREA KALKAJI KALKAJI SOUTH DELHI DELHI 110019 \| SOUTH EAST DELHI \| DELHI \| 110019	-4.14%	₹1.7 Cr+₹34.1 L (25.0%)	L5	Admitted-Finance

Tender Value

₹1.8 Cr

EMD Value

₹1.5 L

Closing Date

31 Mar 2023, 5:00 pmClosed

Tender Inviting Organisation

Name

DGM (CONTRACTS)

Address

Indian Oil Corporation Limited, Paradip Refinery, PO- Jhimani, Via-Kujang, District-Jagatsinghpur Odisha-754141, Tel No- 06722-252036/252088/252058.

Work Description

Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery.

Tender Information

Tender ID

2023_PDR_164255_1

Reference Number

PDO1V22413

Tender Type

Open Tender

Product Category

Mechanical Works

Form of Contract

Works

Period of Work

730 days

Location

IOCL Paradip Refinery

Source Website

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Eligibility / Pre-Qualification

Please refer Tender documents.

Documents Required

10 documents required · 10 mandatory

Fee

RequiredDocument of Online EMD Deposit/ Scanned copy of Bank Guarantee (BG)/ UDYAM MSE Certificate (.pdf)

RequiredITR acknowledgement for last 3 years - upload here (.pdf)

RequiredPF registration, Independent ESI Code Registration, PAN card and GSTIN Registration (.pdf)

RequiredCOI, MOA/AOA, Partnership Deed/ Proprietorship Affidavit along with Power of Attorney as applicable. (.pdf)

RequiredUpload Unsigned Techno-Commercial Bid document as a token of acceptance. (.pdf)

PreQual/Technical

RequiredWork Orders with Completion Certificates along with Schedule of Rates/ Scope of Works (.pdf)

RequiredAudited Balance Sheet with Profit and Loss Account Statements for last 3 years (.pdf)

RequiredDuly filled Undertakings/Annexures with sign and seal of authorized person to submit the bid. (.pdf)

RequiredUpload Unsigned General Conditions of Contract (GCC) document as a token of acceptance. (.pdf)

Finance

RequiredPercentage BOQ - upload here (.xls)

Fee & Financial Details

EMD Fee Amount

₹1.5 L

EMD Fee Exemption Allowed

Yes

Important Dates

Last Activity

13 Jun 2023

Published

18 Mar 2023

Bid Opening

3 Apr 2023

Download Starts

18 Mar 2023

Download Ends

31 Mar 2023

Submission Starts

18 Mar 2023

BOQ Preview

•

Indian Oil Corporation eProcurement portal Created By: Vishal Barwal Created Date/Time: 13-Jun-2023 05:25 PM Tender Title: Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery. Tender ID: 2023_PDR_164255_1

•

Tender Inviting Authority: Deputy General Manager (Contracts), Paradip Refinery, Paradip, Indian Oil Corporation Limited.

•

Name of Work: Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery.

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Tender No: PDO1V22413

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SCHEDULE OF WORK / ITEM(S)

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Sl.No Bidder Name Estimated Rate Quoted Percentage Quoted Rate in Figures and Words (Iteration 0)

•

1.00 INSULREF Technologies Private Limited(GSTN-27AADCI4075R1ZX) 17775148.56 -17.00 14753373.30 One Crore Fourty Seven Lakh Fifty Three Thousand Three Hundred and Seventy Three

•

2.00 GRC ENGINEERING(GSTN-21AANFG6546L1Z3) 17775148.56 -11.88 15663460.91 One Crore Fifty Six Lakh Sixty Three Thousand Four Hundred and Sixty

•

3.00 LLOYD INSULATIONS (INDIA) LIMITED(GSTN-21AAACL0486E1Z1) 17775148.56 -4.14 17039257.41 One Crore Seventy Lakh Thirty Nine Thousand Two Hundred and Fifty Seven

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4.00 KRISHNA INSULATIONS AND ENGINEERS PVT LTD(GSTN-24AAECK1182C2Z0) 17775148.56 116.62 38504526.81 Three Crore Eighty Five Lakh Four Thousand Five Hundred and Twenty Six

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5.00 Sharad Insulations and Interiors Pvt. Ltd(GSTN-07AAACS4403L1ZG) 17775148.56 -5.40 16815290.54 One Crore Sixty Eight Lakh Fifteen Thousand Two Hundred and Ninty

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6.00 KALINGA INSULATION(GSTN-21AALFK5183H1ZB) 17775148.56 -23.33 13628206.40 One Crore Thirty Six Lakh Twenty Eight Thousand Two Hundred and Six

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Lowest Amount Quoted BY: KALINGA INSULATION(13628206.40)

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BOQ Summary Details Tender Title: Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery. Tender ID: 2023_PDR_164255_1

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Sheet Name Sl.No Bidder Name Amount Bid Rank

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BoQ1 1 KALINGA INSULATION 13628206.40 L1

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2 INSULREF Technologies Private Limited 14753373.30 L2

•

3 GRC ENGINEERING 15663460.91 L3

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4 Sharad Insulations and Interiors Pvt. Ltd 16815290.54 L4

•

5 LLOYD INSULATIONS (INDIA) LIMITED 17039257.41 L5

•

6 KRISHNA INSULATIONS AND ENGINEERS PVT LTD 38504526.81 L6

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Preferential Bidder Non-Itemwise BOQ Summary Details Tender Title: Annual Rate Contract (ARC) for execution of insulation works related to process scheme jobs at IOCL Paradip Refinery. Tender ID: 2023_PDR_164255_1

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Sheet Name Sl.No Bidder Name Amount Difference Amount from L1 Difference Percentage from L1 Tolerance Percentage Preference Category

•

BoQ1 1 KALINGA INSULATION 13628206.40

•

2 INSULREF Technologies Private Limited 14753373.30

•

3 GRC ENGINEERING 15663460.91

•

4 Sharad Insulations and Interiors Pvt. Ltd 16815290.54

•

5 LLOYD INSULATIONS (INDIA) LIMITED 17039257.41

•

6 KRISHNA INSULATIONS AND ENGINEERS PVT LTD 38504526.81

Stage Documents

Stage Summary Snapshot

stage.html

html • 0.04 MB

Technical Bid Opening

tech_bid_open.pdf

PDF

Technical Evaluation

tech_eval.pdf

PDF

Financial Bid Opening

fin_bid_open.pdf

PDF

boq_comp_chart.xlsx

xlsx

Documents

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Tender Page Snapshot

details.html

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