Procurement of Drill Pipe Spinner
Tender Specifications & Timeline
13 FieldsTotal Bidders
4
Lowest Bid (L1)
₹6.54 Cr
Estimated Value (PAC)
—
Margin vs Estimate
—
Lowest Bidder (L1) · Award pending
Admitted-FinanceL1 to L2 Spread
+21.86%
Completion Period
140 days
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | ₹6.54 Cr | 0.0% (L1) | — | Admitted-Finance | |
| L2 | ₹7.97 Cr | +21.86% | — | Admitted-Finance | |
| L3 | MACO USA INC#912246 | ₹9.91 Cr | +51.49% | — | Admitted-Finance |
| L4 | Forum BV Oil Tools GmbH#929120 | ₹14.45 Cr | +120.82% | — | Admitted-Finance |
This tender covers procurement of Drill Pipe Spinner, issued by Oil and Natural Gas Corporation Limited under reference ZV3MC25007. The tender is currently Expired. Under financial bid evaluation, Absolute International Holdings Limited emerged as the lowest (L1) bidder with a quoted bid amount of ₹6.54 Cr.
This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in CPD DELHI SCOPR MINAR. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
Tender Documents
Download official tender documents, technical specifications, schedules, and BOQ files
techsummary_288128.pdf
finance_288128.pdf
BOQ Comparative Chart
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Absolute International Holdings Limited #913476 | 06-Nov-2025 04:35 PM | Admitted-Finance Updated: 24-Feb-2026 04:10 PM | 65419923.46 | L1 | — |
Forum BV Oil Tools GmbH #929120 | 21-Nov-2025 02:55 PM | Admitted-Finance Updated: 24-Feb-2026 04:10 PM | 144457327.73 | L4 | — |
MACO USA INC #912246 | 06-Nov-2025 02:49 PM | Admitted-Finance Updated: 24-Feb-2026 04:10 PM | 99103362.29 | L3 | — |
shg resources management pte ltd #917262 | 02-Nov-2026 05:27 AM | Admitted-Finance Updated: 24-Feb-2026 04:10 PM | 79720792.44 | L2 | — |
Bid Evaluation Details & Logs
technical bid opening
Date: 24-Nov-2025 04:01 PM
Officer: MOHIT KATHAIT
Tender opened on 24.11.2025, received and opened Four (04) bids namely (1) MACO USA INC (2) Absolute International Holdings Limited (3) SHG Resources Management Pte Ltd (4) Forum BV Oil Tools GmbH
technical evaluation
Date: 24-Feb-2026 05:27 AM
Officer: MOHIT KATHAIT
finance bid opening
Date: 24-Feb-2026 04:10 PM
Officer: MOHIT KATHAIT
Price Bid opened on 24.02.2026 at 1600 hours.
About This Procurement Notice
This central government tender was issued by Oil and Natural Gas Corporation Limited. Bids must be submitted by 21-Nov-2025 03:00 PM.
BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.
Frequently Asked Questions
- QWhat is the status of the tender "Procurement of Drill Pipe Spinner"?
- The current status of this tender is "Expired". The submission deadline is 21-Nov-2025 03:00 PM. This information is sourced from official government procurement portals.
- QWho issued this central government tender?
- This tender was issued by Oil and Natural Gas Corporation Limited. The reference number is ZV3MC25007. It is a central government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value has not been disclosed for this procurement notice. Please refer to the official tender documents for detailed specifications.
- QWho is the lowest (L1) bidder for this tender?
- Under financial bid evaluation for "Procurement of Drill Pipe Spinner", Absolute International Holdings Limited emerged as the lowest (L1) bidder with a quoted bid amount of ₹6.54 Cr. Full bid rankings and vendor comparisons are available on BiharInfraTales.