Gujarat Energy Transmission Corporation Limited Tender

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Gujarat Energy Transmission Corporation Limited - GETCO Tender

Works
Energy, Oil and Gas
Opening Date17 Feb 2025
Closing Soon11 Mar 2025
Tender AmountINR 3,15,25,700.96 (USD 3,60,870)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender includes the following: 1. Minimum Average Annual Turnover (MAAT): Formula: MAAT = (Revenue from operation of best three years) / 3 MAAT ≥ 0.5 * Estimated amount of the tender 2. Last quarter’s Liquid Assets: Formula: Liquid Assets = Current Assets - Inventories Liquid Assets ≥ 0.2 * Estimated amount of the tender 3. Bidder’s Net Worth for the last three financial years should be positive: Formula: Net Worth = Paid-up share capital + Share Application Money pending allotment + Reserves - Accumulated losses - Deferred expenditure Net Worth > 0 Note: The estimated amount of the tender is required to calculate the values for MAAT and Liquid Assets. However, the actual estimated amount is not provided.
Technical Capacity
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The required prior work experience for the bidder is specified, detailing experience for Turnkey contract in the last eight years from the due date of tender. The bidder needs to provide information about the name of the client, order reference number and date, order value, length of line, date of completion, and whether the order was fully executed. However, specific values and percentages of similar works completed are not mentioned. The focus is on the bidder's experience and the details of the works they have carried out. Items or materials proposed to be supplied by the bidder of similar or higher rating shall be in service for a period of minimum 3 years, with supporting documents or certificates from the original customer to be submitted. No specific details on the required amount and percentage of similar works completed are provided.

Costs

  • EMD

    INR 2,50,000 (USD 2,862)

Description

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