Indian Oil Corporation Limited Marketing Division Valuers Empanelment for Land Valuation – Gujarat (Ahmedabad/Rajkot/Surat DO) 2026
Progress
Tender Overview
Indian Oil Corporation Limited, through its Marketing Division, invites bids for the empanelment of valuers to perform land valuation for New Retail Outlets or existing ROs under the Gujarat State Office operating at Ahmedabad, Rajkot and Surat DOs. The procurement uses a milestone/deliverable-based model with ** onsite engagement**. The project carries an estimated value of ₹10,744,930.50 and requires an EMD of ₹3,000. The scope focuses on precise land valuation to support IOCL’s retail expansion and existing RO site assessments within Gujarat. A key differentiator is the multi-location on-site valuation requirement across three district offices, necessitating coordinated field work and timely reporting in line with tender milestones.
Technical Specifications & Requirements
- Service category: Land valuation for New Retail Outlets and existing ROs under IOCL Gujarat.
- Locations: Ahmedabad DO, Rajkot DO, Surat DO (Gujarat State Office).
- Engagement model: Milestone/Deliverable Based with onsite valuation deliverables.
- Estimated project value: ₹10,744,930.50; EMD: ₹3,000.
- Conditions: No BOQ items; tender document governs scope; on-site data collection and validation required.
- Deliverables: Valuation reports aligned to IOCL guidelines for site approvals and retail planning.
- Compliance: Tender document specifies milestone-based progress rather than lump-sum exclusively.
Terms & Eligibility
- EMD: ₹3,000 (payment as per tender terms).
- Engagement: Onsite valuation work at IOCL Gujarat locations (Ahmedabad/Rajkot/Surat).
- Contract form: Milestone/Deliverable Based with potential scope adjustments up to 25% as per Buyer Clause.
- Scope changes: Allowed up to 25% with consent; scope/value may increase for service providers’ consent.
- Documentation: Submit standard bid documents; additional OEM/credential verifications may apply per terms.
Key Specifications
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- Service: land valuation for IOCL New Retail Outlets and existing ROs, Gujarat.
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- Locations: Ahmedabad DO, Rajkot DO, Surat DO (Gujarat State Office).
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- Engagement: Onsite valuations with milestone/deliverable basis.
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- Estimated value: ₹10,744,930.50; EMD: ₹3,000.
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- BOQ: Not applicable; scope governed by tender terms and deliverables.
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- Deliverables: Valuation reports aligned to IOCL guidelines for site approvals.
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- Compliance: Field data collection, validation, and timely submission per milestones.
Terms & Conditions
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EMD of ₹3,000 to be submitted with bid.
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Engagement is on-site across Ahmedabad, Rajkot, Surat DOs in Gujarat.
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Contract may be amended up to 25% in quantity/duration with consent.
Important Clauses
Payment Terms
Milestone-based payments aligned to deliverables; on-site valuation reports required before final acceptance.
Delivery Schedule
Valuation milestones to be defined in tender; timely submission of reports per IOCL guidelines.
Penalties/Liquidated Damages
LD provisions if milestones are not met; details to be as per tender ATC.
Bidder Eligibility
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Proven experience in land valuation for retail/industrial sites (minimum 2-3 projects).
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Ability to perform onsite valuations across multiple Gujarat locations (Ahmedabad, Rajkot, Surat).
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Financial stability with verifiable turnover and GST/PAN compliance.
Tender Data
Bid Details
Quantity
3
Bid Type
Two Packet Bid
Bid Validity
180 (Days)
Bid Type
Service
Evaluation
Item wise evaluation
Tech Clarification Time
4 Days
Preference & Exemptions
EMD Required
Yes
MII Compliance
Yes
MSE Purchase Preference
Yes
MSE Preference Band
L1+15%
MSE Exemption/Relaxation
No
Startup Exemption/Relaxation
No
Bid Splitting Applied
Yes
Requirements
Arbitration Clause
No
Mediation Clause
No
Additional Tender Data
Commercial Details
Tender Category
Service
Bid To RA
No
Bid To RA Enabled
No
Item Category
Hiring of Consultants - Milestone/Deliverable Based - Empanelment of Valuers for valuation of land for New Retail Outlets or Existing ROs under Ahmedabad DO under Gujarat State Office; As per tender document; No; Onsite , Hiring of Consultants - Milestone/Deliverable Based - Empanelment of Valuers for valuation of land for New Retail Outlets or Existing ROs under Rajkot DO under Gujarat State Office; As per tender document; No; Onsite , Hiring of Consultants - Milestone/Deliverable Based - Empanelment of Valuers for valuation of land for New Retail Outlets or Existing ROs under Surat DO under Gujarat State Office; As per tender document; No; Onsite
Advisory Bank
ICICI
ePBG Percentage
5%
ePBG Duration (Months)
48
Payment Timelines
Payments shall be made to the Seller within 45 days of issue of service delivery acceptance certificate (SDAC) and on-line submission of bills (This is in supersession of 10 days time as provided in clause 12 of GeM GTC)
Delivery Details
Delivery Locations
1
Delivery Cities
Ahmadabad
Delivery Pincodes
380060
Delivery Locations
| Consignee | Address | City | State | Pincode | Quantity | Delivery Days | Additional Requirement |
|---|---|---|---|---|---|---|---|
| Harsh Ashokbhai Patel | 380060,INDIAN OIL CORPORATION LIMITED, MARKETING DIVISION GUJARAT STATE OFFICE, INDIAN OIL BHAVAN,205, NEAR SOLA FLY OVER, SG HIGHWAY, SOLA, AHMEDABAD - 380060 | Ahmadabad | Gujarat | 380060 | Project / Lumpsum Based | - | - |
Authority Records
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Documents 6
GeM-Bidding-9804453.pdf
Main Document
Other Documents
OTHER
Other Documents
OTHER
Buyer uploaded ATC document
ATC
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
GEM General Terms and Conditions Document
GEM_GENERAL_TERMS_AND_CONDITIONS
Categories
3
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Required Documents
GST registration certificate
Permanent Account Number (PAN) card
Experience certificates for prior land valuation projects
Financial statements of last 2-3 years
EMD payment receipt (₹3,000)
Technical bid documents demonstrating method and deliverables
Any relevant authorizations or certifications supporting valuation capability
OEM/third-party authorizations if applicable
Company profile and contact details
Audited turnover proof (if requested by tender terms)
Frequently Asked Questions
Key insights about GUJARAT tender market
How to bid for IOCL land valuation tender in Gujarat 2026
Bidders must submit GST, PAN, and financials along with an EMD of ₹3,000. Provide prior land valuation experience, onsite capability in Ahmedabad, Rajkot, and Surat, and milestone-based deliverables. Ensure compliance with IOCL tender terms and deliver valuation reports per specified milestones.
What documents are required for IOCL valuer empanelment in Gujarat
Required documents include GST certificate, PAN, latest financial statements, 2-3 project valuation certificates, on-site capability proof, and technical bid detailing valuation methodology. Include EMD receipt of ₹3,000 and any OEM/credential letters as applicable.
What are the technical criteria for IOCL land valuation service
Technical criteria emphasize on-site valuation capability across Ahmedabad/Rajkot/Surat, proven experience in land valuation for retail outlets, and ability to deliver milestone reports on time. Value reports must align with IOCL guidelines and local regulatory norms.
When is the delivery deadline for IOCL valuation milestones Gujarat
Delivery timelines are defined per tender milestones and IOCL guidelines; bidders must plan field visits across three districts and submit valuation reports within the agreed milestone windows to avoid penalties.
What are the EMD and payment terms for IOCL valuer tender
EMD is ₹3,000. Payment terms follow milestone-based disbursements; reports accepted upon verification by IOCL; any adjustments under the 25% contract scope clause require supplier consent.
Which locations are covered under IOCL Gujarat land valuation tender
Locations covered include Ahmedabad DO, Rajkot DO, Surat DO within the Gujarat State Office; valuation teams must operate onsite at these three districts for timely reporting.
What is the scope of work for IOCL valuation empanelment 2026
Scope includes valuation of land for new retail outlets and existing RO sites, preparation of valuation reports, onsite data collection, and milestone-based deliverables across three Gujarat locations, with scope adjustments permissible up to 25% with consent.