Gujarat Industrial Development Corporation Tender

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Gujarat Industrial Development Corporation - GIDC Tender

Works
Civil And Construction
Road Construction
Opening Date27 Feb 2025
Closing Date7 Mar 2025
Tender AmountINR 2,35,00,000 (USD 2,71,753)

AI Insights

Technical
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is "B" Class and above.
Bid Capacity
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ABC = 2*A*N - B Where, A is the maximum of updated total amount of works executed in any one year of the last five financial years. N is the number of years prescribed for completion of the proposed work, which is 0.75 (Time limit 03 Months). B is the amount of the exiting commitments and on-going works to be discharged during time interval of N years from the bid due date. The tender amount is Rs. 235.00 Lakhs, and the Available Bid Capacity (ABC) should be more than this amount.
Technical Capacity
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The bidder must have experience of successfully completed similar works during the last seven years. The similar work experience can be in one of the following forms: - Three similar completed works costing not less than 40% of the estimated cost, which is 94.00 lakhs. - Two similar completed works costing not less than 50% of the estimated cost, which is 117.50 lakhs. - One similar completed work costing not less than 80% of the estimated cost, which is 188.00 lakhs. A work would qualify as similar work only if it meets with definitions given, which is any completed project involving construction for flexible road pavement work. The percentage of similar works completed is mentioned as 40%, 50%, and 80% of the estimated cost for different scenarios. The estimated cost values mentioned are 94.00 lakhs, 117.50 lakhs, and 188.00 lakhs, which are 40%, 50%, and 80% of the tender amount of Rs. 235.00 Lakhs.

Costs

  • EMD

    INR 2,35,000 (USD 2,718)

Description

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Contact

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