Bulletin Updates
E&P contracting brief: Part II – 21 Aug 2025
Aug 21, 2025
ONGC pre-bid replies narrow flexibility: Vendor code, integrity pact, and strict timelines sharpen bidder risks8ONGC’s pre-bid clarifications impose rigid compliance on vendor registration and interaction protocols, while offering limited relief through insurance surety bonds and SFMS guarantees.
The responses tilt risks towards bidders, signalling a tougher procurement environment.
ONGC’s GDU tender puts termination and design risks on contractors8Bidders in ONGC’s GDU & DPD tender flag high commercial risk as ONGC refuses compensatory safeguards for premature termination, incomplete gas data, and restrictive maintenance terms.
Contractors face tough cost recovery prospects.
ONGC corrigendum tightens GST compliance, clarifies option clause, and eases security deposits via RTGS8ONGC’s latest corrigendum balances stricter compliance with bidder relief: Enforcing GST proof uploads and integrity pacts, while introducing a clear delivery formula and RTGS option for performance security.
ONGC extends Assam pipeline TPI tender by a week8The deadline for hiring a third-party inspection agency for ONGC’s Laiplingaon pipeline project is now 28 August 2025.
The extension hints at limited bidder turnout, a recurring trend in specialized inspection contracts.
Oil India extends sludge cleaning tender amid high barriers to entry8OIL’s tank sludge evacuation and inspection tender deadline now runs till 28 August 2025.
The extension highlights bidder hesitation in a capital- and compliance-heavy contract, where hazardous waste rules and steep EMDs are deterring broader participation.
Log in Start a free trial »

