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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | L1₹12.5 CrAccepted-AOC | ₹12.5 Cr Quoted ₹1 | L1 | Accepted-AOC L1 Bidder |
| 2 | L₹1Rejected-Finance | ₹1 | L | Rejected-Finance Other than L1 Bidder |
| 3 | L₹1Rejected-Finance | ₹1 | L | Rejected-Finance Other than L1 Bidder |
| 4 | Rejected-Technical | - | - | Rejected-Technical The Bidder is technically disqualified. |
Tender Value
Refer Docs
Closing Date
28 Jul 2025, 4:00 pmClosed
CM MC
Indian Oil Corporation Limited MD, Head Office, Small Wing, 6th Floor Indian Oil Bhavan, G-9, Ali Yavar Jung Marg, Bandra (East), Mumbai 400 051, Maharashtra, India
Appointment of agency for Electronic Toll (Cash Less Toll Transaction CLTT) Management of POL Transportation Fleet under Revenue Generation Model for (7) seven years
2025_MKTHO_185407_1
MnC/OPS-2/PT-30/25-26
Open Tender
Other Services
2555 days
Services
Please ref. NIT
4 documents required · 4 mandatory
Exempted
Pl ref NIT
2 Sept 2025
13 Jun 2025
29 Jul 2025
13 Jun 2025
28 Jul 2025
26 Jun 2025
13 Jun 2025 - 19 Jun 2025
19 Jun 2025
Indian Oil Corporation eProcurement portal Created By: RajKumar Keshri Created Date/Time: 21-Aug-2025 09:30 AM Tender Title: Appointment of agency for Electronic Toll (Cash Less Toll Transaction CLTT) Management of POL Transportation Fleet under Revenue Generation Model for (7) seven years Tender ID: 2025_MKTHO_185407_1
Tender Inviting Authority: Indian Oil Corporation Limited, Marketing Division
Name of Work: For appointing agency for Electronic Toll Management(CLTT) of POL Transportation Fleet under Revenue Generation Model for seven (7) years
Contract No: MnC/OPS-2/PT-30/25-26; E-Tender ID - 2025_MKTHO_185407_1
SCHEDULE OF WORK / ITEM(S)
Sl.No Bidder Name Estimated Rate Quoted Percentage Quoted Rate in Figures and Words (Iteration 0)
1.00 AXIS BANK LIMITED (GSTN-NA) BID ID -1081877 70622891.04 0.35 70870071.12 Seven Crore Eight Lakh Seventy Thousand Seventy One
2.00 KOTAK MAHINDRA BANK LIMITED (GSTN-NA) BID ID -1083232 70622891.04 33.50 94281559.49 Nine Crore Fourty Two Lakh Eighty One Thousand Five Hundred and Fifty Nine
3.00 STATE BANK OF INDIA (GSTN-NA) BID ID -1081913 70622891.04 1.65 71788168.70 Seven Crore Seventeen Lakh Eighty Eight Thousand One Hundred and Sixty Eight
Comparative Chart(eAuction)
Sl.No Bidder Name Auction Start Price Quoted Rate in Figures and Words (Iteration 0)
Bidder Price Amount in Words
1 STATE BANK OF INDIA (BID ID -1081913) 94281559.00 125081559.00 Tweleve Crore Fifty Lakh Eighty One Thousand Five Hundred and Fifty Nine
2 AXIS BANK LIMITED (BID ID -1081877) 94281559.00 122681559.00 Tweleve Crore Twenty Six Lakh Eighty One Thousand Five Hundred and Fifty Nine
3 KOTAK MAHINDRA BANK LIMITED (BID ID -1083232) 94281559.00 Not Quoted Not Quoted
Highest Amount Quoted BY: STATE BANK OF INDIA(125081559.00)
BOQ Summary Details Tender Title: Appointment of agency for Electronic Toll (Cash Less Toll Transaction CLTT) Management of POL Transportation Fleet under Revenue Generation Model for (7) seven years Tender ID: 2025_MKTHO_185407_1
Sheet Name Sl.No Bidder Name Amount Bid Rank
BoQ1 1 KOTAK MAHINDRA BANK LIMITED (BID ID -1083232) 94281559.49 H1
2 STATE BANK OF INDIA (BID ID -1081913) 71788168.70 H2
3 AXIS BANK LIMITED (BID ID -1081877) 70870071.12 H3
Preferential Bidder Non-Itemwise BOQ Summary Details Tender Title: Appointment of agency for Electronic Toll (Cash Less Toll Transaction CLTT) Management of POL Transportation Fleet under Revenue Generation Model for (7) seven years Tender ID: 2025_MKTHO_185407_1
Sheet Name Sl.No Bidder Name Amount Difference Amount from H1 Difference Percentage from H1 Tolerance Percentage Preference Category
BoQ1 1 KOTAK MAHINDRA BANK LIMITED (BID ID -1083232) 94281559.49
2 STATE BANK OF INDIA (BID ID -1081913) 71788168.70
3 AXIS BANK LIMITED (BID ID -1081877) 70870071.12
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