Gujarat Energy Transmission Corporation Limited Tender

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Gujarat Energy Transmission Corporation Limited - GETCO Tender

Works
Energy, Oil and Gas
Opening Date6 Mar 2025
Closing Date5 Apr 2025
Tender AmountINR 6,90,87,281.92 (USD 7,92,925)
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AI Insights

Class Of Bidder
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ANY CLASS
Bid Capacity
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To determine the bid capacity required, we look at specific financial criteria. The criteria include a minimum average annual turnover that equals or exceeds the estimated tender value, liquid assets that are at least 20% of the estimated tender value, a positive net worth for the last three financial years, and a solvency certificate covering at least 20% of the estimated tender cost. The formulas for these criteria are: 1. Minimum Average Annual Turnover ≥ Estimated Tender Value 2. Liquid Assets ≥ 0.20 * Estimated Tender Value 3. Net Worth > 0 for the last 3 years 4. Solvency Certificate ≥ 0.20 * Estimated Tender Value Given that the exact estimated tender value is not provided, we cannot calculate a specific numerical value for the bid capacity.
Technical Capacity
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The bidder is required to have prior work experience in line erection work of 66kV and/or above class, which can be as a main contractor or as a sub-contractor. The experience should be in erecting 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 for the value and percentage of similar works completed, the experience certificate should be for similar work done with a minimum value equal to or more than 50% of the estimated cost of the work. The experience certificate should be for work done in the last 5 years. Additionally, the bidder should have erected transmission lines of a length between 20 KM and above, with a maximum of 20 KM line in the last 3 financial years. No specific amount is mentioned, but the bidder should have experience in line erection work of 66kV and/or above class in GETCO or other STU or CTU. The bidder needs to submit relevant documents such as work completion certificates, work orders, experience certificates, and statements of financial transactions to demonstrate their experience.

Costs

  • EMD

    INR 3,00,000 (USD 3,443)

Description

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