Balmer Lawrie And Company Limited Tender

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Balmer Lawrie And Company Limited Tender

Services
Transportation and Logistics
GEM
Opening Date24 Jan 2025
Closing Date13 Feb 2025
Tender AmountINR 2,93,26,645 (USD 3,38,450)
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AI Insights

Bid Capacity
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The bid capacity required to participate in the tender involves both financial and experiential elements. In terms of experiential capacity, the bidder must have successfully executed or completed similar services over the last three years, with specific conditions related to the number of services and their costs relative to the estimated bid value. These conditions include: - Three similar completed services with a total value of at least 11730658 - Two similar completed services with a total value of at least 14663322.5 - One similar completed service with a total value of at least 23461316 Additionally, the bidder must meet financial capacity requirements, including a minimum average annual turnover of 88 Lakh for the last three years. Other financial aspects include the ability to provide an Earnest Money Deposit (EMD) of 150,000 and potentially a Performance Bank Guarantee of 3.00% for 24 months. The bidder must also have 7 years of past experience in providing similar services.
Technical Capacity
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The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years, with specific requirements as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, 2. Two similar completed services costing not less than 50% of the estimated cost, 3. One similar completed service costing not less than 80% of the estimated cost. The estimated cost is 29326645. Additionally, the bidder must have 7 years of past experience in providing similar services. The minimum average annual financial turnover of the bidder during the last three years should be 88 Lakh.

Costs

  • EMD

    INR 1,50,000 (USD 1,731)

Description

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