Hindustan Steelworks Construction Limited Tender

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Hindustan Steelworks Construction Limited - HSCL Tender

Works
Civil And Construction
Building Construction
Opening Date25 Jan 2025
Closing Date5 Feb 2025
Tender AmountINR 3,32,37,224.01 (USD 3,83,013)

AI Insights

Technical
Financial
Bid Capacity
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The bid capacity required can be calculated using the following formulas: 1. For option (a): 3 x 0.4 x Estimated Cost = 3 x 0.4 x 3,32,37,224.01 = Rs. 3,98,89,269.22 2. For option (b): 2 x 0.5 x Estimated Cost = 2 x 0.5 x 3,32,37,224.01 = Rs. 3,32,37,224.02 3. For option (c): 1 x 0.8 x Estimated Cost = 1 x 0.8 x 3,32,37,224.01 = Rs. 2,65,89,779.21 Additionally, the Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost, which is: 0.4 * 3,32,37,224.01 = Rs. 1,29,34,889.60 The bid capacity required also involves the initial earnest money deposit and the ability to fulfill performance guarantees, which are directly tied to the bid value and the estimated cost of the project. The Performance Guarantee = 5% of Bid Value The Additional Performance Guarantee for ALB = (85% of Estimated Cost) - Bid Value, if Bid Value < (85% of Estimated Cost) The EMD is Rs. 3,32,372/-, and the Estimated Cost is Rs. 3,32,37,224.01. Therefore, the bid capacity required is related to the estimated cost and the experience requirements specified in the tender document, and can be calculated using the provided formulas.
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The similar works refer to "Residential/Non-Residential Building works of any no. of storeys". The bidder should have experience of completing similar works with specific cost values, such as 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, or 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. Additionally, the Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender. The bidder should provide Details of Similar Work Experience Certificates and details of similar works executed as part of JV/Consortium, if applicable.

Costs

  • EMD

    INR 3,32,372 (USD 3,830)

Summary

Construction Of Storge Accn (g Plus 1) In One Block, Engineer Storage Building (g Plus1) In One Block And Tradeshop (g) With Dev Wks

Description

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