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| # | Company | Amount | Rank | Status |
|---|---|---|---|---|
| 1 | L1₹21.0 LAccepted-AOC | ₹21.0 L | L1 | Accepted-AOC Techno-Commercially Acceptable Overall Lowest Offer. Awarded value is Excluding GST. |
| 2 | L2₹21.7 LRejected-Finance | ₹21.7 L | L2 | Rejected-Finance Other than Overall Lowest Techno-Commercially acceptable offer (Financially Rejected due to system compliance) |
| 3 | Rejected-Technical | - | - | Rejected-Technical Not meeting the PQC for Annual Turnover (ATO) requirement during any of the three preceding financial years as per tender terms and conditions |
Tender Value
Refer Docs
EMD Value
₹7,000
Closing Date
6 Nov 2025, 3:00 pmClosed
General Manager (IS)
IndianOil Institute of Petroleum Management, 83, Institutional Area, Sector -18, Gurugram, Haryana-122001
Supply, Installation, Testing and Commissioning of Heat Pump System (02 Nos.) with Storage Water Tank (2X1500 Ltr.) Including Piping Work etc. for Hot Water in Hostel Shakti at IiPM Complex, Gurugram
2025_IIPM_185468_1
IIPMCC8254
Open Tender
Electrical Works
120 days
IIPM
Please refer Tender documents.
5 documents required · 5 mandatory
₹7,000
Yes
14 Jan 2026
23 Oct 2025
7 Nov 2025
23 Oct 2025
6 Nov 2025
23 Oct 2025
Indian Oil Corporation eProcurement portal Created By: Ramesh Kumar Created Date/Time: 15-Dec-2025 05:24 PM Tender Title: Supply, Installation, Testing and Commissioning of Heat Pump System (02 Nos.) with Storage Water Tank (2X1500 Ltr.) Including Piping Work etc. for Hot Water in Hostel Shakti at IiPM Complex, GurugramSupply, Installation, Testing and Commissioning of Tender ID: 2025_IIPM_185468_1
Tender Inviting Authority: General Manager (IS)
Name of Work: Supply, Installation, Testing & Commissioning of Heat Pump System (02 Nos.) with Storage Water Tank (2X1500 Ltr.) Including Piping Work etc. for Hot Water in Hostel Shakti at IiPM Complex, Gurugram
Contract No: IIPMCC8254
SCHEDULE OF WORK / ITEM(S)
Sl.No Bidder Name Estimated Rate Quoted Percentage Quoted Rate in Figures and Words (Iteration 0)
1.00 RISE N SHINE (GSTN-NA) BID ID -1097202 2331400.540 -7.000 2168202.502 Twenty One Lakh Sixty Eight Thousand Two Hundred and Two
2.00 Oxybee Solutions pvt.ltd (GSTN-NA) BID ID -1096949 2331400.540 -9.900 2100591.887 Twenty One Lakh Five Hundred and Ninty One
Lowest Amount Quoted BY: Oxybee Solutions pvt.ltd(2100591.887)
BOQ Summary Details Tender Title: Supply, Installation, Testing and Commissioning of Heat Pump System (02 Nos.) with Storage Water Tank (2X1500 Ltr.) Including Piping Work etc. for Hot Water in Hostel Shakti at IiPM Complex, GurugramSupply, Installation, Testing and Commissioning of Tender ID: 2025_IIPM_185468_1
Sheet Name Sl.No Bidder Name Amount Bid Rank
BoQ1 1 Oxybee Solutions pvt.ltd (BID ID -1096949) 2100591.887 L1
2 RISE N SHINE (BID ID -1097202) 2168202.502 L2
stage.html
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Tender-Acceptance-Format.pdf
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FAQs-IOCL-Online-EMD.pdf
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Bidders_help_Document_for_Preferencial_Bidding_20230207_v1.pdf
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Special_Instructions_to_the_Bidders_Version_5_dated_30_June_2025.pdf
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Tender_8254.pdf
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BOQ_197537.xls
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8254_SCC_Chapter_4.pdf
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SOR_BOQ_8254.pdf
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GCC_CONEVNTIONAL_04_17.pdf
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