Hindustan Steelworks Construction Limited Tender
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Technical
Technical
Financial
Bid Capacity
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The bid capacity required in the given tender is related to the financial strength of the bidder. The Average annual Audited financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender. The formula to calculate this is: Average annual Audited financial turnover (after enhancement) for last 3 years ≥ 0.4 * Estimated cost put to tender Additionally, the value of annual turnover figures shall be brought to the current value by enhancing the actual turnover figures at a simple rate of 7% per annum. The formula to calculate this is: Current value = Actual turnover figure * (1 + 0.07)^n, where n is the number of years between the actual turnover year and the current year. However, the exact estimated cost put to tender is required to determine the exact bid capacity required in terms of value. In one of the sources, the Estimated Cost (including GST) is mentioned as Rs. 5,62,22,277.97. Using this estimated cost, the bid capacity required can be calculated as:
Average annual Audited financial turnover (after enhancement) for last 3 years ≥ 0.4 * 5,62,22,277.97 This gives:
Average annual Audited financial turnover (after enhancement) for last 3 years ≥ 2,48,89,011.19 Therefore, the bid capacity required in the given tender can be calculated using the provided formulas and estimated cost.
Technical Capacity
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The required prior work experience for the bidder is that they should have experience of having successfully completed similar works during the last 7 years, specifically in "Residential/Non-Residential Building works of any no. of storeys". The experience can be in the form of: - Three similar works each costing not less than 40% of the estimated cost put to tender, - Two similar works each costing not less than 50% of the estimated cost put to tender, - One similar work costing not less than 80% of the estimated cost put to tender. The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum. The past experience in similar nature of work should be supported by certificates issued by the client’s organisation. Additionally, the average annual audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender.
Costs
EMD
INR 5,62,222 (USD 6,504)
Summary
Construction Of 20 Bedded Hospital Building Including Lab Room Operation Room With Allied Services And Development Wk
Description
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Contact
Tender Id
ad2a777f-0e82-309b-90df-653af64a9ca4Tender No
HSCL/NEZ/25-01/IGAR/N/21/e-070 ; HSCL/NEZ/25-01/IGAR/N/21/e-070Tender Authority
Hindustan Steelworks Construction Limited ViewPurchaser Address
-Website
http://hscl.enivida.com
Documents