IOCL Procurement

Hello sir, I want detail of IOCL Procurement? Is there any one can provide me detail about the financial BID of IOCL Procurement?

The IOCL has Procurement for Requirement Of Land For Retail Outlet. The IOCL Sealed offers are invited on a two bid system:
Technical Bid
Financial Bid

These BID systems from interested parties holding valid and clear marketable title of land in possession, before the date of release of this advertisement for transfer of plot of the land by way of outright Sale / Lease (minimum 19 years 11 months with renewal option) to Indian Oil Corporation Limited for setting up a Retail Outlet


Information of IOCL Procurement 2016





Financial Bid:

The Financial bid should contain the following :
The offer is for sale or for lease or for either sale or lease.

In case of sale, expected Sale Consideration in Rupees.

In case of lease, expected Lease rental per month in Rupees and period of lease

IOCL land detail:
The land offered on a National Highway should not be in 1 km radius from Toll Bridge/NHSH-MDR Crossing and should preferably be atleast 1 km away from the nearest existing Retail Outlet on the same side.

Within city limits, plots of smaller dimensions can also be considered, provided they are suitable for setting up a modern Retail Outlet.

Frontage of the plot of land should be abutting the highway/main road/other road, with proper approach road to the plot of land.

Land should be preferably leveled, more or less at Road level, in one contiguous lot.

The plot should be free from overhead high Tension power line, product/water pipeline/canals /drainage/nullahs/public road/railway line etc

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Answered By StudyChaCha Member