Hindustan Steelworks Construction Limited Tender

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Hindustan Steelworks Construction Limited - HSCL Tender

Works
Electrical and Electronics
Electrical Works
Opening Date7 Feb 2025
Closing Soon14 Feb 2025
Tender AmountINR 2,75,82,012 (USD 3,18,316)

AI Insights

Technical
Financial
Bid Capacity
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To determine the bid capacity required, we look at the financial requirements and work experience specified. For financial requirements, the formulas are: - Average annual Audited financial turnover = 0.4 * EC - Audited Net Worth = 1 * EC - Enhanced Turnover 2021-22 = Actual Turnover 2021-22 * 1.07 - Enhanced Turnover 2020-21 = Actual Turnover 2020-21 * 1.14 - Enhanced Turnover 2019-20 = Actual Turnover 2019-20 * 1.21 For work experience, the criteria are: - Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less; - OR - 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. 500 crore, whichever is less. Given an estimated cost of Rs. 2,75,82,012.00, we can calculate specific values: - 40% of the estimated cost: 0.4 * 2,75,82,012.00 = Rs. 1,10,32,804.80 - 50% of the estimated cost: 0.5 * 2,75,82,012.00 = Rs. 1,37,91,006.00 - 80% of the estimated cost: 0.8 * 2,75,82,012.00 = Rs. 2,20,65,609.60 Thus, the bid capacity required can be summarized as: - Three similar works each costing not less than Rs. 1,10,32,804.80; - OR - Two similar works each costing not less than Rs. 1,37,91,006.00; - OR - One similar work costing not less than Rs. 2,20,65,609.60. Additionally, the financial capacity involves: 1. Audited Financial Turnover of the last 3 years with specified enhancements. 2. Positive Net Worth. 3. Bank Solvency Certificate for at least 40% of the project cost (if the project cost exceeds Rs.10 Crore). 4. Profit earned in at least one of the last three years. The specific bid capacity value in terms of financial requirements cannot be directly calculated without explicit numerical data for turnover and project cost. However, the work experience criteria provide specific values based on the estimated cost given.
Technical Capacity
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The required prior work experience for the bidder 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 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. 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 proportionate experience to the extent of its share in the JV/consortium or work done by them shall only be allowed on submitting the valid proof of their share/ work done. The bidder needs to have prior work experience in similar works, and the completion certificate for such works should be duly certified by the concerned Engineer and countersigned by the issuing officer of the organisation. The values to be mentioned include: - Final/Approved Value of Contract (excl. items supplied free of cost by the employer) ('X') - Cost of items supplied by employer free of cost or at fixed rates ('Y') - Cost of Work on completion, including cost of supplies free of cost or at fixed rate (X+Y) The required prior work experience for the bidder is "Similar works" experience, which means Annual Repair and Maintenance Works (Civil & Electrical) along with the supply of manpower for operations at any running Government Hospital of minimum 100 bedded capacity. The bidder should have an Average annual Audited financial turnover for the last 3 years of at least 40% of the estimated cost put to tender. Additionally, the Audited Net Worth of the company/firm as on the last day of the preceding Financial Year should be minimum 10% of the Estimated Cost put to tender.

Costs

  • EMD

    INR 2,75,820 (USD 3,183)

Summary

Annual Repair And Maintenance Of Civil And Electrical Works Including Operation Of Various Electrical Electro Mechanical Services, Equipments And Pla

Description

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