NBCC India Limited Tender

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NBCC India Limited - NBCC Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date8 Mar 2025
Closing Date22 Mar 2025
Tender Amount₹ 8,00,00,001 

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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To determine the bid capacity required, we need to look at the financial criteria specified. The Average annual Audited financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender. Given the estimated cost put to tender is Rs. 8,00,00,001.60, we can calculate the minimum average annual audited financial turnover required as follows: Minimum average annual audited financial turnover = 0.4 * 8,00,00,001.60 = Rs. 3,20,00,000.64 The formula to calculate the required turnover is: Average annual Audited financial turnover (after enhancement) = (Turnover of year 1 + Turnover of year 2 + Turnover of year 3) / 3 However, without specific turnover values for calculation, we can only specify the minimum value for average annual audited financial turnover as per the given estimated cost. Additionally, the bidder should have earned profit in at least one year in the available last three consecutive balance sheets. Therefore, the bid capacity required in terms of financial criteria is a minimum average annual audited financial turnover of Rs. 3,20,00,000.64 and profit in at least one year. In terms of similar work experience, the bidder should have experience in a similar work that costs at least 80% of the current tender's estimated cost, which is Rs. 6,40,00,001.28. Thus, the bid capacity required directly related to the value and formulas provided is the similar work experience of at least Rs. 6,40,00,001.28 and minimum average annual audited financial turnover of Rs. 3,20,00,000.64.
Technical Capacity
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The bidder should have prior work experience in a similar nature of work. The value of executed works will be considered, and it should include the value of any materials or services supplied by the client free of cost or at a discounted price. 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. In case the work experience is for work executed outside India, the bidder needs to submit a completion/experience certificate issued by the owner, duly signed and stamped, along with an affidavit to the correctness of the completion/experience certificates. For similar work experience, the minimum eligibility criteria are as follows: - 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. In case of Projects having ECPT (Estimated Cost Put To Tender) above Rs 1000 Cr, the minimum eligibility criteria for similar work experience is defined by considering ECPT as Rs 1000 Cr. The "similar works" shall mean "Residential / Non-Residential Building works of any no. of storeys". The past experience in similar nature of work should be supported by certificates issued by the client’s organization. The bidder submitting experience certificates for works done in a joint venture (JV)/consortium with other firms/companies can only claim proportionate experience to the extent of its share in the JV/consortium or work done by them, on submitting valid proof of their share/work done. The past work experience and financial parameters like turnover, profitability, net worth, etc., of merged/acquired companies/firms will be considered for qualification of the company/firm, provided it continues to own the requisite assets and resources of the merged/acquired companies/firms. In the case of a demerged company, the past work experience and financial parameters like turnover, profitability, net worth, etc., of the original company before demerger will be considered proportionately for qualification by the new demerged entity to the extent of its ownership in the requisite assets and resources of the original company. However, such consideration of past work experience and financial parameters shall only be allowed for a period of five years from the date of incorporation of the demerged entity. The bidder should have experience of having successfully completed similar works during the last 7 years.

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