Gujarat Industries Power Company Limited Tender

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Gujarat Industries Power Company Limited - GIPCL Tender

Works
Opening Date13 Feb 2025
Closing Date5 Mar 2025
Tender AmountINR 2,20,20,102 (USD 2,51,452)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is in the form of a percentage rate price bid. The bidder shall quote the rates in the form of "%age" as follows: "At Estimated Value OR _____%age below the estimated value OR______%age above the estimated value". The applicable GST % shall be quoted separately in the online price bid. The formula for the bid can be represented as: Bid Price = Estimated Value + (Estimated Value * (%age above or below the estimated value)) GST Amount = Bid Price * (Applicable GST %) Total Bid Price = Bid Price + GST Amount However, the exact estimated value is not provided.
Technical Capacity
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The bidder should possess a minimum of three years of experience during the last five years in similar nature of jobs. The experience requirements can be fulfilled by completing/executing works with specific order values. The options include: a. One similar completed/executed work costing not less than Rs.64,95,930/-, b. Two similar completed/executed works each costing not less than Rs.38,97,558/-, or c. Three similar completed/executed works each costing not less than Rs.25,98,372/-. No specific percentage of similar works completed is mentioned. The work completion certificate requires the order value and executed value, but no percentage is specified.

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