Bulletin Updates

Atharva’s winning bid of Rs 15.74 lakh undercut TERI and Deloitte by nearly 3x, raising… – Downstream contracting briefs: Part III, 17 Jun 2025

Jun 17, 2025

Siemens Emerges Sole Bidder for Compressor Revamp at Bina: BPCL Tender Opens Amid Tight Terms

EIL’s limited OEM bid for Bina’s compressor revamp saw only Siemens participate, raising questions about bid attractiveness under tight milestone-linked payments and a no-deviation clause.

Sole participation highlights underlying deterrents.

Tender for sump pumps draws five-way contest as BPCL–EIL rebuff requests for delivery relief and payment flexibility

EIL’s rigid stand on 5-month delivery and payment holdback clauses draws bidder pushback in BPCL’s Mahul–Rasayani pipeline tender.

Despite industry-standard requests, the owner–consultant duo holds the line, preserving client leverage.

HPCL’s QRA–HAZOP tender at Gwalior IRD awarded at 68% below estimate amid high disqualification rate

This sparks concerns of sustainability.

Two-thirds of bidders were disqualified, signaling tightening scrutiny despite routine scope or an attempt by almost everyone in the business to throw in their hats

Biodiversity study at BPCL Bina awarded at steep 70% discount over top bids

Atharva’s winning bid of Rs 15.74 lakh undercut TERI and Deloitte by nearly 3x, raising concerns over project execution in a complex, multi-season biodiversity mapping study.

Firms like CII, PwC, and TUV SUD couldn’t clear GeM technical filters—suggesting document rigour trumped credentials.

The full story is for subscribers. Log in to read it, or start a free trial.
Log in Start a free trial »