Indian Oil Corporation Limited
Lining up a 3-year contract
for third-party audit of:
Bid Number: GEM/2026/B/7103766
Bid Date: 13 January 2026
Bid End Date & Time: 27 January 2026, 09:00 hrs
Bid Opening Date & Time: 27 January 2026, 09:30 hrs
Bid Validity: 120 days
· Bid Type: Custom Bid for Services
· Service Description:
o Lining up a 3-year contract for third-party audit of:
§ Control Rooms (SRRs)
§ Substations ambience
o Audit Method: Copper–Silver corrosion testing coupons
o Location: Paradip Refinery & Petrochemical Complex
· Compliance: Mandatory compliance with SOW, STC, SLA and statutory requirements
· Nature of Contract: Project / Lumpsum based (1 job)'
Contract Period
· Duration: 3 years
· EMD Amount: ₹8,000
· EMD Bank: State Bank of India
· Performance Security (ePBG):
o 5% of contract value
o Validity: 39 months
· EMD Exemption: As per GeM rules (eligible MSE service providers only)
· Estimated Bid Value: ₹28,96,037.45
· Evaluation Method: Total value–wise (L1)
· Reverse Auction: Not applicable
· Minimum Floor Price: Not defined