Gujarat State Electricity Corporation Limited Tender

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Gujarat State Electricity Corporation Limited - GSECL Tender

Works
Opening Date12 Mar 2025
Closing Date2 Apr 2025
Tender AmountINR 4,75,73,469.02 (USD 5,46,008)

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The bid capacity required in the given tender can be determined by one of the following conditions: 1. One order of value not less than 80% of the estimated cost. 2. Two orders, each of value not less than 50% of the estimated cost. 3. Three orders, each of value not less than 40% of the estimated cost. Additionally, the Average Annual Turnover should be at least Rs 142.53 Lacs, and the Net worth should not be less than 100% of the paid-up share capital. The Net worth can be calculated as (x1+x2+x3)/(y1+y2+y3) X 100, where x1, x2, x3 are individual net worth and y1, y2, y3 are individual paid-up share capitals, with each x being at least 75% of the respective y. However, another interpretation suggests that the bid capacity can be inferred as 20% of the estimated cost of the work, given as Rs. 95,14,693.81, with the formula being Bid Capacity = 20% of Estimated Cost of Work. Given the multiple interpretations, the most directly stated conditions for bid capacity are the three orders of varying percentages of the estimated cost, along with financial requirements.
Technical Capacity
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The bidder should have executed or completed similar works during the last seven years. The required prior work experience includes having completed works with minimum contract or order values as follows: 1. One order of value not less than 80% of the estimated cost, OR 2. Two orders, each of value not less than 50% of the estimated cost, OR 3. Three orders, each of value not less than 40% of the estimated cost. Similar work experience refers to EPC work of building, bridges, canals, mass earthwork, or roads. Experience certificates from private firms are not accepted, and experience as a joint venture or sub-contractor is also not allowed.

Costs

  • EMD

    INR 4,75,735 (USD 5,460)

Description

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Contact

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