Eastern Coalfields Limited Tender
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Eastern Coalfields Limited - ECL Tender
Works
Eprocure
Opening Date13 Mar 2025
Closing Date31 Mar 2025
Tender AmountINR 3,90,97,565 (USD 4,48,729)
AI Insights
AI Insights
Technical
Financial
Additional Eligibility
Class Of Bidder
Class-I or Class-II
Bid Capacity
To determine the bid capacity required, we look at the financial and experiential requirements.
1. Financial Turnover: The average annual financial turnover during the last 3 years should be at least 30% of the estimated cost.
Formula: Average Annual Turnover = (Turnover Year 1 + Turnover Year 2 + Turnover Year 3) / 3
Required Turnover = 0.3 * Estimated Cost
2. Work Experience: Each similar nature work should cost not less than 40% of the estimated cost put to tender.
Formula: Required Experience = 0.4 * Estimated Cost
The bid capacity required can be calculated using these formulas, which consider both financial turnover and work experience criteria. However, without the specific estimated cost, the exact values for required turnover and experience cannot be calculated.
Given the provided information, the bid capacity required in the given tender can be calculated using the above formulas.
Technical Capacity
The required prior work experience for the bidder includes completion of similar works during the last 7 years, with the following options:
- Completion of a single work of similar nature costing not less than 80% of the estimated cost put to tender.
- Completion of two works of similar nature, each costing not less than 50% of the estimated cost put to tender.
- Completion of three works of similar nature, each costing not less than 40% of the estimated cost put to tender.
The values and percentages mentioned for similar works completed are:
- 80% of the estimated cost put to tender for a single work
- 50% of the estimated cost put to tender for two works
- 40% of the estimated cost put to tender for three works
A simple weightage of 7% per year will be given to bring previous completed works to the current price level. The experience can be in the form of a single work, two works, or three works, and can be fulfilled by the Joint Venture (JV) itself or by any of its partners, or by a combination of its partners.
Costs
EMD
INR 4,88,800 (USD 5,610)
Description
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Contact
Tender Id
2025_ECL_332120_1Tender No
ECL/GM/KJ/AE (C)/e-Tender/24-25/58 dt-10.03.2025Tender Authority
Eastern Coalfields Limited ViewPurchaser Address
-Website
http://www.easterncoal.gov.in/
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Documents
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