ONGC VIDESH LIMITED MATERIALS MANAGEMENT
Author : alexa-scheidler | Published Date : 2025-05-30
Description: ONGC VIDESH LIMITED MATERIALS MANAGEMENT DEPARTMENT AGENDA Introduction and Objectives Policy formulation ONGC Videsh Procurement Corporate office Procurement Overseas offices Procurement BD activities Key Initiatives Awareness to
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Transcript:ONGC VIDESH LIMITED MATERIALS MANAGEMENT:
ONGC VIDESH LIMITED MATERIALS MANAGEMENT DEPARTMENT AGENDA Introduction and Objectives Policy formulation – ONGC Videsh Procurement – Corporate office Procurement – Overseas offices Procurement – BD activities Key Initiatives Awareness to Procurement process Conclusion AGENDA Introduction and Objectives Policy formulation – ONGC Videsh Procurement – Corporate office Procurement – Overseas offices Procurement – BD activities Key Initiatives Awareness to Procurement process Conclusion OBJECTIVES OF THIS PRESENTATION For understanding of business partners of ONGC Videsh. To use the Website as a platform for suggestions/feedback from business partners. Awareness for business partners regarding, Tendering process of ONGC Videsh; ONGC Videsh’s expectations from bidders and contractors; Elimination of common errors noticed in bids and during execution of Orders/Contracts. Familiarization of the business partners with key procurement initiatives, viz. Purchase through GeM (Government E-Marketplace); E-procurement. Implementation of MSME policy and procurement from MSME vendors. CORPORATE OFFICE, DELHI Procurement of Goods & Services for Corporate office, Delhi. Engagement of Consultants for new overseas acquisition projects. Back up support to overseas offices on need basis. Procurement is broadly governed by parent company policy & guidelines. PROCUREMENT ACTIVITIES IN A NUTSHELL OVERSEAS NON - OPERATED/ JV PROJECTS Procurement is conducted by the operator or JV Company. Procurement is governed by host country policy guidelines and the underlined project agreements like PSC/CA/JOA etc. OVERSEAS OPERATED PROJECTS Conducted from respective Country/ Project Office Procurement of oilfield equipment, tools, machineries, spares and consumables and services for overseas operated projects. Procurement is governed by ONGC Videsh policies in tandem with host country policy guidelines and the underlined project agreements like PSC/CA/JOA etc. AGENDA Introduction and Objectives Policy formulation – ONGC Videsh Procurement – Corporate office Procurement – Overseas offices Procurement – BD activities Key Initiatives Awareness to Procurement process Conclusion POLICY FORMULATION - ONGC VIDESH Procurement policy formulated & reviewed centrally; Standardised Tender/Contract Conditions and Evaluation Methodologies; Constantly reviewed for simplification and elimination of operational difficulties, transparency, equity and improvement of tender process and contract execution, based on: Directives from Govt. / Statutory Govt. agencies; Feedback from Vendors (Interactive Meet with Business Partners, Pre Bid Conferences); Internal feedback. Customized procedure in ONGC Videsh for specific business requirement: Procurement for Overseas Operated Projects; Hiring of Consultants for Business Development (acquisition of overseas oil & gas assets). TENDERING CYCLE 1. NIT / Tender publishing 2. Receipt of queries from bidders 3. Pre Bid meeting 4. Corrigendum (as per requirement) 5. Bid Submission 6.
