City And Industrial Development Corporation Of Maharashtra Limited Tender

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The CIDCO has issued a formal invitation for competitive bids for the City And Industrial Development Corporation Of Maharashtra Limited project, for Appointment Of Agency For Providing Tourist Vehicles On Hire Basis To Cidco Ltd in Thane, Maharashtra, with an estimated contract value of Rs. 7,98,70,400. The bid opening date for this tender is 30-05-2025 and the last date for bid submission is 24-06-2025. Interested bidders for City And Industrial Development Corporation Of Maharashtra Limited tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

City And Industrial Development Corporation Of Maharashtra Limited - CIDCO Tender

Services
Hiring of Vehicles
Eprocure
Opening Date30 May 2025
Closing Soon24 Jun 2025
Tender AmountINR 7,98,70,400 (USD 9,31,166)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity is 0.75X + 0.15Y + 0.05Z + 0.05N, where X = Fixed rate per vehicle per month for running of 1500 Kms & 10 Hrs. duty per day, Y = Rate per vehicle per Km for mileage exceeding 1500 km per month, Z = Rate per vehicle per hour for duty performed beyond 10 Hrs per day, and N = Outstation Night halt charges per vehicle per day.
Technical Capacity
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The required prior work experience for the bidder includes: * At least 50 vehicles on hire basis to Govt./Semi Govt./PSU/private for at least last 3 years * One year experience of satisfactory performance in providing Vehicles on hire basis to Central Government/Public sector undertakings/ Nationalized Bank / State Government departments/PSU * Execution of at least one similar work as completed costing (Excl. of GST) not less than the amount equal to: + One work: 80% of Rs. 6.39 Cr + Two work: 50% of Rs. 3.99 Cr + Three work: 40% of Rs. 3.2 Cr * Experience of running a fleet of 50 No of Vehicles on hire basis for at least 3 years * At least One year experience of satisfactory performance in providing Vehicles on hire basis to Central Government/Public sector undertakings/ Nationalized Bank / State Government departments entities * The average annual Turnover of the firm should not be less than Rs. 3,00,00,000/- (Rupees Three Crores only) during the last three Assessment years. The bidder should also have a minimum of one year of experience in providing vehicles on hire basis to Central Government/ State Government departments/Public sector undertakings/ Nationalized Bank, with a certificate of satisfactory performance. The value and percentage of similar works completed are: - 80% for Rs. 6.39 Cr (for one work) - 50% for Rs. 3.99 Cr (for two works) - 40% for Rs. 3.2 Cr (for three works)

Costs

  • EMD

    INR 8,00,000 (USD 9,327)

Summary

Appointment Of Agency For Providing Tourist Vehicles On Hire Basis To Cidco Ltd

Description

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