Indian Institute Of Technology Tender

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Indian Institute Of Technology - IIT Tender

Works
Eprocure
Opening Date11 Feb 2025
Closing Date4 Mar 2025
Tender AmountINR 4,86,68,000 (USD 5,55,750)

AI Insights

Technical
Class Of Bidder
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Class-II Local Supplier
Bid Capacity
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The bid capacity required to bid is an average annual financial turnover of Rs.146.00 lakhs during the last 3 years ending 31 – 3 –2024, certified by a chartered accountant. Additionally, the bidder should not have incurred any loss in more than two years during the last 5 years ending 31 – 3 – 2024. No specific formula is provided for calculating the bid capacity.
Technical Capacity
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The required prior work experience for the bidder is that they should have experience in similar nature of works, with 30 marks allocated for this criterion. The minimum eligibility criteria for experience is not explicitly stated, but it is mentioned that 60% marks will be awarded for meeting the minimum eligibility criteria, and 100% marks will be awarded for twice the minimum eligibility criteria or more. The marks will be awarded on a pro-rata basis for experience between the minimum eligibility criteria and twice the minimum eligibility criteria. The bidder should have completed works of similar nature, such as Civil Maintenance works, Civil Repair & Renovation works, Plumbing works, Building Construction works, and Water supply and sewerage maintenance works. The value of executed works should be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum. The bidder is required to submit a list of all works of similar class successfully completed during the last 7 years. However, no specific percentage of similar works completed is mentioned. The average annual financial turnover of Rs.146.00 lakhs during the last 3 years ending 31-3-2024 is required, but no specific amount or percentage of similar works completed is mentioned. The bidder should not have incurred any loss in more than two years during the last 5 years ending 31-3-2024. Professional Experience of 6 is mentioned, but no other specific information is available regarding the required prior work experience. Details regarding experience are required to be uploaded with the application for eligibility, including financial information, details of similar works carried out in the past, details of works in progress, and performance report of works.

Costs

  • EMD

    INR 9,73,400 (USD 11,115)

Description

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