Hindustan Steelworks Construction Limited Tender

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Hindustan Steelworks Construction Limited - HSCL Tender

Works
Civil And Construction
Building Construction
Opening Date17 Feb 2025
Closing Date3 Mar 2025
Tender Amount₹ 9,32,88,454.6 

AI Insights

Technical
Financial
Class Of Bidder
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Class-III digital signature is required, which implies a specific class eligibility. The class eligibility requirement to bid or participate in this tender is Class-III.
Bid Capacity
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The bid capacity required can be determined by the Average annual Audited financial turnover (after enhancement) for the last 3 years, which shall be at least 40% of the estimated cost put to tender. The formula to enhance the turnover is: (Actual Turnover * (1 + 0.07)^n) where n is the number of years between the financial year of turnover and the current financial year. Then, the Average annual Audited financial turnover = (Total of enhanced turnover for last 3 years) / 3. The bid capacity required = 40% of the estimated cost put to tender. Given the estimated cost is Rs. 9,32,88,454.60, the bid capacity required would be 40% of this amount. Formula: Bid capacity required = Estimated Cost * 0.40 Calculation: Bid capacity required = Rs. 9,32,88,454.60 * 0.40 = Rs. 3,71,35,381.84 Therefore, the bid capacity required is Rs. 3,71,35,381.84.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The similar works can be either: - 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 "similar works" refer to Residential/Non-Residential Building works of any number of storeys. 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 required prior work experience for the bidder is supported by Work Experience Certificates and Proforma for Details of Client Organization, but specific details are mentioned in Form-G and Form-J respectively.

Costs

  • EMD

    ₹ 9,32,884
  • Document Cost

    ₹ 7,670
  • Tender Fee

    ₹ 2,950

Description

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