Indian Oil Corporation (IOCL) has invited bids for the operation and maintenance (O&M) of an existing 1.1 MW solar power project at Indane Bottling Plant, Devanagonthi village in Bengaluru Rural district in Karnataka.

The project is valued at ₹1.3 million (~$16,172) for one year, including 18% GST. For a complete O&M duration of three years, the total value is ₹4.03 million (~$48,449.2), including 18% GST.

The last date for submission of bids is January 6, 2024. Bids will be opened on January 8.

Bidders need not pay an earnest money deposit (EMD) for this tender. Nevertheless, all bidders must compulsorily submit the bid security declaration in place of EMD, adhering to the provided standard format.

This requirement for submitting bid security declaration is applicable even to bidders exempted from EMD payment, including micro and small enterprises as per public-private partnerships, start-ups, central public sector enterprises, and joint ventures.

The successful bidder must submit original documents to the tender inviting authority within seven days from the opening date of price bids or as communicated by IOCL.

The contract duration is 36 months, which will initially span one year and is extendable every year, with the second-year extension at the sole discretion of IOCL and the third-year extension contingent upon mutual consent.

IOCL retains the right to terminate the contract by providing the contractor with one month’s written notice. If the contractor chooses not to continue the contract for the second or third year and does not consent to the work order extension, and if IOCL desires such termination, the contractor must cover the interim period.

During this interim period, which lasts for an additional four months or until the finalization of a new tender, whichever occurs earlier, a new contract will be solicited after the expiration of the first or second-year contract.

The contractors are required to have a Class-1 / Class-A electrical contractor license issued by the state government electrical inspectorate.

Recently, IOCL issued a tender to empanel turnkey contractors for engineering, procurement, and construction and operation and maintenance of large-scale solar, wind, and hybrid power projects.

Earlier, IOCL had invited bids from consultants for project management consultancy services to set up a 2.25 MW grid-connected ground-mounted solar power project at its liquefied petroleum gas bottling plant in Jabalpur, Madhya Pradesh.

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