Hindustan Steelworks Construction Limited Tender
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Hindustan Steelworks Construction Limited - HSCL Tender
Works
Healthcare and Medicine
Opening Date7 Feb 2025
Closing Soon14 Feb 2025
Tender AmountINR 2,64,88,364 (USD 3,05,695)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender can be determined by the following formulas and values:
1. Average Annual Turnover = (Total Turnover for the last 3 years) / 3 ≥ 0.4 * Estimated Cost
2. Audited Net Worth ≥ Estimated Cost
Given the estimated cost is considered as Rs. 1000 Cr,
- The Average annual Audited financial turnover for the last 3 years should be at least 40% of 1000 Cr, which equals Rs. 400 Cr.
- The Audited Net Worth should be at least 100% of the estimated cost, which equals Rs. 1000 Cr.
Additionally, the turnover figures are enhanced by a simple rate of 7% per annum to bring them to the current value, using the formula:
(Actual turnover figure) * (1 + 0.07)^n, where n is the number of years between the actual turnover year and the preceding financial year.
Other requirements include a self-certified copy of the Bank Solvency Certificate issued from a Nationalised or Scheduled Bank for at least 40% of the Estimated Cost of the Project put to tender, and the bidder should have earned a profit in at least one year in the available last three consecutive balance sheets.
Technical Capacity
The required prior work experience for the bidder includes having successfully completed similar works during the last 7 years. The similar works should meet one of the following criteria:
- Three similar works each costing not less than 40% of the estimated cost put to tender or Rs. 400 crore, whichever is less.
- Two similar works each costing not less than 50% of the estimated cost put to tender or Rs. 500 crore, whichever is less.
- One similar work costing not less than 80% of the estimated cost put to tender or Rs. 800 crore, whichever is less.
The value and percentage of similar works completed are mentioned in terms of the estimated cost put to tender, with specific amounts and percentages provided for each criterion. The values like amount and percentage mentioned include the final/approved value of the contract, cost of items supplied by the employer free of cost, and cost of work on completion. The bidder's share percentage in JV is also mentioned.
Additionally, the Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender, and 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 bidder should submit a completion/experience certificate issued by the owner, duly signed and stamped, and attested by the Indian Embassy/Consulate/High Commission in the respective country for foreign works. The conversion rate of currency into INR for foreign works shall be the daily representative exchange rate published by the IMF as on 7 days prior to the Last Date of Submission of tender.
The required prior work experience for the bidder is detailed in FORM-A and FORM-B, which pertain to "Details of Similar Work Experience Certificates" and "Details of Similar Works executed as part of JV/Consortium, and claimed in bid (if any)", respectively. FORM-G provides a "WORK EXPERIENCE CERTIFICATE" template that includes specifics about the work experience.
Costs
EMD
INR 2,64,884 (USD 3,057)
Summary
Arm Work Of Esi Hospital Agra And Its Attached Staff Quarters Along With Esi Dispensary Chipitola, Agra, Esi Dispensary, Shikohabad
Description
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Contact
Tender Id
c2a116e7-d78e-3a75-86bd-178e904867ceTender No
HSCL/ZHN/ESIC/AGRA/ARM/e-325 ; HSCL/ZHN/ESIC/AGRA/ARM/e-325Tender Authority
Hindustan Steelworks Construction Limited ViewPurchaser Address
-Website
hscl.enivida.com
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Documents
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