/ Tender & Auction

Sepahan Oil Company's Tender

Bid General Condition
Hereby we are pleased to announce you that; SOC is willing to hold a Bid for supplying Generic Base
Oil SN500 , SN150+ & SOC4 according to attached specification as below details:
1- MOQ: Min order quantity for every product is 100 MT. Total tender quantity is as per Bid Table.
2- Delivery time: within Jan/Feb.2021
3- Delivery term: As per Bid Table.
4- Opening date / Closing date: Commercial offers should be sent to specified mail address from 25.
Nov.2020 up to 29. Nov.2020.
Notice 1: Offers received later than 29. Nov.2020 are voided.
Notice 2: Commercial offers are valid if Bid Guarantee has not been done as clause 5.
Notice 3: Commercial offers are void if winner don’t pay advance payment for issued P/I; moreover,
the winner cannot participate in next tenders too.
Notice 4: Packing cost:
a. For New Drum 120 USD/MT will be added to Exwork Bulk price
b. For Flexi Package (based on forwarder invoice) will be added to Exwork Bulk price
Notice 5: Freight cost:
c. Local fright cost is 20 USD/MT form Isfahan to Bushehr / Bandar Abbas
d. Container Sea Fright is based on forwarder invoice that will be added to FOB/Exwork price
e. In FOB price, THC & BL Fee shall be paid by the buyer.
f. Port of destination shall be mentioned in tender table if buyer is offering in CFR
5- Bid Guarantee: All applicants should send cooperative guarantee letter which reflected buying on
proposed price in any condition.
Payment: Min 20% cash in advance, balance before delivery. Down payment should be done
according to SOC P/I validity times.
Notice 6: Payment should be done in AED to introduced banks accounts in UAE (Exchange rate is 1
USD=3.67 AED) or can be done in USD to introduced banks accounts in China that will be provided
after issuing P/I.
6- SOC has right to:
- Accept or reject any or all offers.
- Negotiate for exact quantity, RPO specification and final price with winner and the delivery term
(based on mutual agreement could be in CFR basis.)
- Negotiation on proposal with bidders after receiving commercial offer


Commercial Offer / Generic Base Oil SN500
 Commodity  Delivery Term  Packing Type  Tender QTY/MT  Required QTY/MT  Price/USD Payment Term 
 Generic Base Oil SN500  FOB Bushehr, Iran  Bulk  7,000      
 Exwork, Isfahan  Bulk  1,000      
 CFR India  Flexi  500      
 SOC 4  Exwork, Isfahan  Bulk  200      
 SN150+  Exwork, Isfahan  Bulk  200