Greater Noida Industrial Development Authority Tender

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Greater Noida Industrial Development Authority - GNIDA Tender

Works
Civil And Construction
Pipe Line Project
Eprocure
Opening Date11 Mar 2025
Closing Date25 Mar 2025
Tender AmountINR 3,08,02,202 (USD 3,53,521)
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AI Insights

Bid Capacity
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To extract the bid capacity required in the given tender, we look for specific financial or technical requirements that a bidder must meet. The provided information details various conditions such as the estimated cost of the work, the cost of the tender, the Earnest Money Deposit (EMD), the time of completion, the defects liability period, and the validity of the tender. However, it does not explicitly mention a "bid capacity" or provide a formula to calculate it in the initial part. Later information provides formulas for calculating the bid capacity based on the cumulative turnover and liquid assets, categorized by the value of the work. For works more than 1.5 times the bid value up to Rs.15.00 Lacs, the cumulative turnover is Rs.10.00 Lacs, and liquid assets are 5% of the bid value. For works more than 1.5 times the bid value up to Rs.100.00 Lacs, the cumulative turnover is Rs.15.00 Lacs, and liquid assets are 10% of the bid value. For works more than 1.5 times the bid value up to Rs.500.00 Lacs, the cumulative turnover is Rs.100.00 Lacs, and liquid assets are 12% of the bid value. For works Rs.500.00 Lacs and above, the cumulative turnover is 2.00 times the bid value, and liquid assets are 12% of the bid value. Given the estimated cost of the work is Rs. 308.02 Lacs, which falls into the category of works more than Rs.100.00 Lacs and up to Rs.500.00 Lacs, the bid capacity required can be calculated using the provided formulas. The cumulative turnover would be 1.5 times the bid value, and liquid assets would be 12% of the bid value. Therefore, the bid capacity required for the given tender, based on the provided formulas and the estimated cost of the work, can be determined as follows: - Cumulative turnover = 1.5 * Bid Value - Liquid assets = Bid Value * 12% Given the estimated cost of the work (Rs. 308.02 Lacs), the bid capacity in terms of cumulative turnover and liquid assets can be calculated accordingly. However, since the exact bid value is not specified but we know the estimated cost, we can consider the estimated cost for calculation purposes. Thus, the cumulative turnover = 1.5 * 308.02 Lacs = Rs. 462.03 Lacs And, liquid assets = 12% of 308.02 Lacs = Rs. 36.96 Lacs Therefore, the bid capacity required in the given tender to bid, having value and formulas, is: - Cumulative turnover: Rs. 462.03 Lacs - Liquid assets: Rs. 36.96 Lacs
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. Similar completed works include maintenance of distribution pipeline work, and the experience of similar works shall be considered for works like building, road, sewerage, O.H.T., Tube well, Bridge, SPS, STP, and electrification. For internal development of sectors, experience of any two activities like road, drain, water supply, and sewerage may be considered. For works more than 1.5 times the bid value, the following experience and values are required: - Works more than Rs.10.00 Lacs & upto Rs.15.00 Lacs: 5% of the bid value - Works more than Rs.15.00 Lacs & upto Rs.100.00 Lacs: 10% of the bid value - Works more than Rs.100.00 Lacs & upto Rs.500.00 Lacs: 12% of the bid value - Works of Rs.500.00 Lacs and above: 2.00 times the bid value, 12% of the bid value The bidder must have completed similar works with specific values and percentages, including 40%, 60%, and 80% of the estimated cost put to tender.

Costs

  • EMD

    INR 6,17,000 (USD 7,081)

Description

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