Hindustan Steelworks Construction Limited Tender

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Hindustan Steelworks Construction Limited - HSCL Tender

Works
Civil And Construction
Building Construction
Opening Date7 Feb 2025
Closing Soon14 Feb 2025
Tender AmountINR 2,53,15,920 (USD 2,92,164)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid is as follows: i) The Average annual Audited financial turnover (after enhancement) for last 3 years shall be at least 40% of the estimated cost put to tender. Formula: Average annual turnover = (Enhanced Turnover of last 3 years) / 3 Enhancement: - Figures of turnover of 2021-22 shall be enhanced by 7%. - Figures of turnover of 2020-21 shall be enhanced by 14%. - Figures of turnover of 2019-20 shall be enhanced by 21%. Enhanced Turnover = Actual Turnover * (1 + Enhancement Percentage) Given the estimated cost of the tender is Rs. 2,53,15,920.00, Average annual Audited financial turnover: 40% of Rs. 2,53,15,920.00 = Rs. 1,01,26,368.00 ii) Audited Net Worth of the company/firm as on last day of preceding Financial Year, should be minimum 100% of the Estimated Cost put to tender. Formula: Net Worth ≥ 1 * Estimated Cost Given the estimated cost of the tender is Rs. 2,53,15,920.00, Audited Net Worth: at least Rs. 2,53,15,920.00 iii) Self-certified copy of Bank Solvency Certificate issued from Nationalised or any Schedule Bank should be one in number for at least 40% of Estimated Cost of the Project put to tender, if the estimated cost is more than Rs.10 Crore. Formula: Bank Solvency Certificate ≥ 0.4 * Estimated Cost Given the estimated cost of the tender is Rs. 2,53,15,920.00, Bank Solvency Certificate: at least 0.4 * 2,53,15,920.00 = Rs. 1,01,26,368.00 The bid capacity required in the given tender is: * Average annual Audited financial turnover: at least Rs. 1,01,26,368.00 * Audited Net Worth: at least Rs. 2,53,15,920.00 * Bank Solvency Certificate: at least Rs. 1,01,26,368.00
Technical Capacity
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The required prior work experience for the bidder includes submission of completion/experience certificates for similar works executed. The bidder needs to submit details of similar work experience, including the name of the work, its location, type of work, name of the client, date and number of the completion certificate, date of start and completion, and final/approved value of the contract. The value of the contract should exclude items supplied free of cost by the employer, and the cost of such items should be separately mentioned. The total cost of the work, including the cost of supplies free of cost or at a fixed rate by the employer, should also be provided. The bidder should have experience of having successfully completed similar works during the last 7 years. The required prior work experience includes: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less. - Alternatively, two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less. - Or, one similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less. The average annual audited financial turnover of the bidder for the last 3 years should be at least 40% of the estimated cost put to tender. The bidder needs to submit details of at least 3 similar works completed, along with the required certificates and documents. Note that for projects having an estimated cost above Rs. 1000 crore, "similar works" shall mean "Residential/Non-Residential Building works of any number of storeys". The bidder's proportionate experience in a joint venture or consortium shall be considered to the extent of its share in the JV/consortium. The value of executed works shall be enhanced by 7% per annum. The bidder must submit details of similar works executed, including the name of the work, location, type of work, name of the client, date and number of completion certificate, date of start, date of completion, final/approved value of contract, and cost of items supplied by the employer free of cost or at fixed rates. The cost of work on completion, including the cost of supplies free of cost or at fixed rates, calculated as (X+Y), where X is the final/approved value of the contract (excluding items supplied free of cost by the employer) and Y is the cost of items supplied by the employer free of cost or at fixed rates, should also be provided. No specific percentage of similar works completed is mentioned, but the bidder needs to submit details of similar work experience certificates, including completion certificates and documentary proof of details. The amount of similar works completed should be at least 40% of the estimated cost put to tender, in terms of average annual audited financial turnover for the last 3 years.

Costs

  • EMD

    INR 2,53,160 (USD 2,922)

Summary

Arm Of Esi Hospital Sarvodaya Nagar Kanpur, Esi Dispensary And Branch Office Kabari Market, Sarojini Nagar, Kanpur, Esic Branch Office Panki Etc

Description

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