Gujarat Energy Transmission Corporation Limited Tender

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Gujarat Energy Transmission Corporation Limited - GETCO Tender

Works
Energy, Oil and Gas
Opening Date7 Feb 2025
Closing Date10 Mar 2025
Tender AmountINR 2,51,73,674.55 (USD 2,90,522)

AI Insights

Technical
Financial
Class Of Bidder
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The required class of contractor to bid or participate in this tender is ANY CLASS.
Bid Capacity
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The bid capacity required in the given tender is mentioned in terms of financial criteria, including: 1. Minimum Average Annual Turnover (MAAT): The bidder's MAAT for the best three years out of the last five financial years, annualized, should not be less than the estimated amount of the tender. - Formula: MAAT = (Total turnover for the best 3 years / 3) 2. Liquid Assets: The last quarter's liquid assets should not be less than 20% of the estimated amount as on the date of invitation of the tender. - Formula: Liquid Assets = (Current Assets - Inventories) >= 0.20 * Estimated Amount 3. Net Worth: The bidder's net worth for the last 3 financial years should be positive. - Formula: Net Worth = (Total Assets - Total Liabilities) > 0 4. Solvency: The bidder should have a bank solvency certificate of a minimum of 20% of the estimated cost shown in the tender. - Formula: Solvency Certificate Amount >= 0.20 * Estimated Cost However, the specific estimated cost of the tender is not explicitly mentioned.
Technical Capacity
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The required prior work experience for the bidder includes experience of line erection work of 66kV and/or above class. The bidder should have erected transmission lines including foundation, tower erection, and stringing of conductor and earth wire of 66kV and/or above class lines on towers/H frame as a Main contractor or as a Sub Contractor in single or multiple orders for a length between 20 KM and above, with a maximum of 20 Km line in the last 3 financial years. As for the value and percentage of similar works completed, the bidder should submit a list of similar jobs executed, including the value of work executed. However, specific values and percentages of similar works completed are not mentioned, except that the Minimum Average Annual Turnover (MAAT) for the best three years out of the last five financial years should not be less than the estimated amount of the tender. Additionally, it is mentioned that the bidder should submit a work completion certificate, which includes details of similar jobs executed, value of work executed, construction period, and actual completion period. But the exact amount or percentage of similar work done is not specified, except that the Last quarter’s Liquid Assets should not be less than 20% of the estimated amount as on the date of invitation of the tender. It is also mentioned that the bidder should have an experience certificate, but the details of the experience certificate, such as form 3A, are mentioned, which includes details of similar jobs executed, value of work executed, construction period, and actual completion period.

Costs

  • EMD

    INR 1,20,000 (USD 1,385)

Description

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Contact

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