Greater Noida Industrial Development Authority Tender
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AI Insights
Technical
Technical
Bid Capacity
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To determine the bid capacity required, we look at the categories provided which outline the cumulative turnover and liquid assets needed for different bid values. The formulas for calculating these are implicit in the categories: 1. For works more than 1.5 times the bid value: - Cumulative turnover during the last three consecutive years: - For bids up to Rs.15.00 Lacs: Rs.10.00 Lacs - For bids between Rs.15.00 Lacs and Rs.100.00 Lacs: Rs.15.00 Lacs - For bids between Rs.100.00 Lacs and Rs.500.00 Lacs: Rs.100.00 Lacs - For works of Rs.500.00 Lacs and above: 2.00 Times bid value - Liquid assets: - 5% of the bid value for bids up to Rs.15.00 Lacs - 10% of the bid value for bids between Rs.15.00 Lacs and Rs.100.00 Lacs - 12% of the bid value for bids between Rs.100.00 Lacs and Rs.500.00 Lacs, and for works of Rs.500.00 Lacs and above Thus, the bid capacity required can be calculated using these values and percentages based on the bid amount. The bid capacity required in the given tender is as follows: 1. Works more than 1.5 Times bid value: 5% of the bid value, with a cumulative turnover of Rs.10.00 Lacs and above, up to Rs.15.00 Lacs.
2. Works more than 1.5 Times bid value: 10% of the bid value, with a cumulative turnover of Rs.15.00 Lacs and above, up to Rs.100.00 Lacs.
3. Works more than 1.5 Times bid value: 12% of the bid value, with a cumulative turnover of Rs.100.00 Lacs and above, up to Rs.500.00 Lacs.
4. Works of Rs.500.00 Lacs and above: 12% of the bid value, with a cumulative turnover of 2.00 Times bid value. The formulas for calculating the bid capacity are: - Cumulative turnover during the last three consecutive years
- Liquid assets: 5%, 10%, or 12% of the bid value, depending on the category. Additionally, other sources mention the Earnest Money deposit and Security Money as part of the bid capacity, calculated as:
- Earnest Money deposit = 2% of estimated cost (for up to Rs. 10 crore) or Rs. 20 Lacs + 1% of estimated cost (for more than Rs. 10 crore)
- Security Money = 5% of Actual Cost of the work However, the exact values for annual turnover from one of the sources are not specified.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed works during the last 7 years. The experience requirements are as follows: * Three similar completed works costing not less than 40% of the estimated cost put to tender
* Two similar completed works costing not less than 60% of the estimated cost put to tender
* One similar completed work of aggregate cost not less than 80% of the estimated project cost put to tender. For certain types of work, such as building, road, sewerage, and electrification, only experience of similar works shall be considered. For internal development of sectors, experience of any two activities may be considered. The experience certificate should be from the Engineer-in-Charge of the work, not below the rank of Executive Engineer or equivalent rank officers, and should be from Govt./Semi Govt./PSU organizations. The certificate should mention the amount of work done against the agreement, if the work is ongoing.
Costs
EMD
INR 4,95,000 (USD 5,713)
Description
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Contact
Tender Id
2025_GNIDA_1001604_4Tender No
SM/(E-TENDER CELL)/2025/563 DATED- 31.01.2025Tender Authority
Greater Noida Industrial Development Authority ViewPurchaser Address
-Website
http://https://www.greaternoidaauthority.in/
Documents