Indian Institute Of Science Education And Research Tender

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Indian Institute Of Science Education And Research - IISER Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date25 Feb 2025
Closing Date6 Mar 2025
Tender AmountINR 3,70,00,000 (USD 4,27,866)
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Bid Capacity
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The bid capacity required in the given tender can be represented as follows: 1. Average annual financial turnover: 50% of the total turnover for the best 3 years, adjusted for inflation at 7% per annum, calculated as (Total turnover for the best 3 years / 3) x (1 + 0.07)^n, where n is the number of years since the turnover was earned. 2. Solvency/Banker's certificate: 40% of the cost put to tender, calculated as 0.4 x Cost put to tender. 3. Net Worth Certificate: 10% of the cost put to tender, calculated as 0.1 x Cost put to tender. However, the exact value of the bid capacity required cannot be calculated as the cost put to tender is not explicitly mentioned.
Technical Capacity
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The bidder should have experience in construction of building structures and building finishes, specifically in composite tender or standalone pre-engineered structure/building consisting of PEB, Civil & MEP works. The bidder should have completed similar works with a value that can be documented, including the cost of the PEB structure component, which should be more than or equal to Rs. 60.0 lakh in case of composite tender. The work experience certificates submitted shall clearly indicate the type and nature of work, completion cost, and time period, including the date of start and actual completion date. The bidder's experience will be evaluated based on the information submitted, with the main consideration being the ability of the Principal Contractor to fulfill technical, financial, contractual, and legal obligations. The bidder should have a minimum average annual financial turnover of 50% of the cost of similar works for the best three years out of the last five years. However, the exact amount of the cost of similar works is not specified. The bidder should also have completed similar works, but the exact percentage of similar works completed is not specified. Details of similar works are required to be submitted by the bidders in Form C, which will be used for evaluation. The evaluation of bidders is based on their ability to fulfill technical, financial, contractual, and legal obligations, with special emphasis on competence to do good quality works within the specified time schedule.

Costs

  • EMD

    INR 7,40,000 (USD 8,557)

Description

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