Hindustan Steelworks Construction Limited Tender

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Hindustan Steelworks Construction Limited - HSCL Tender

Works
Civil And Construction
Building Construction
Opening Date25 Jan 2025
Closing Date8 Feb 2025
Tender Amount₹ 5,61,53,516.75 
Notes
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Bid Capacity
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Bid capacity required = 40% of the estimated cost put to tender. Given estimated cost is Rs. 5,61,53,516.75, Bid capacity required = 0.4 * 5,61,53,516.75 = 2,24,61,406.7 The Average annual Audited financial turnover for the last 3 years shall be at least 40% of the estimated cost put to tender. Formula for calculating the Average annual Audited financial turnover: 1. Take the annual turnover figures for the last 3 years. 2. Enhance these figures to the current value by applying a simple rate of 7% per annum for each year. Formula for enhancement: Current Value = Actual Turnover * (1 + 7/100)^n, where n is the number of years. 3. Calculate the average of these enhanced turnover figures. 4. This average should be at least 40% of the estimated cost put to tender.
Technical Capacity
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The required prior work experience for the bidder involves having successfully completed similar works during the last 7 years. The similar works refer to "Residential/Non-Residential Building works of any number of storeys". This experience can be met in one of the following ways: - Three similar works each costing not less than 40% of the estimated cost put to tender - Two similar works each costing not less than 50% of the estimated cost put to tender - One similar work costing not less than 80% of the estimated cost put to tender. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. The past experience in a similar nature of work should be supported by certificates issued by the client's organisation. In the case of private sector work experience, the completion certificate shall be supported with copies of the Letter of Award and copies of corresponding TDS Certificates. The value of work will be considered equivalent to the amount received as per the TDS Certificates. The bidder needs to provide various certificates and forms, including Details of Similar Work Experience Certificates, Details of Similar Works executed as part of JV/Consortium, Work Experience Certificates, and Proforma for Details of Client Organization in respect of Work Experience Certificates.

Costs

  • EMD

    ₹ 5,61,535
  • Document Cost

    ₹ 7,670
  • Tender Fee

    ₹ 2,950

Description

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