Indian Institute Of Technology Tender

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Indian Institute Of Technology - IIT Tender

Works
Electrical and Electronics
Electrical Works
Eprocure
Opening Date19 Feb 2025
Closing Soon27 Feb 2025
Tender AmountINR 4,03,14,374 (USD 4,64,567)

AI Insights

Technical
Financial
Bid Capacity
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To extract the bid capacity required in the given tender, we look at the specified financial and technical eligibility criteria. The bid capacity can be summarized as follows: - Minimum Completed Work Value: - 3 works * Rs.1,61,25,750/- - 2 works * Rs.2,41,88,624/- - 1 work * Rs.3,22,51,500/- Adjusted for current value using the formula: Current Value = Actual Value * (1 + 0.07 * years since completion) - Minimum Average Annual Turnover: Rs.1,20,94,312/- for the last three financial years, adjusted to current value using the formula: Current Turnover = Actual Turnover * (1 + 0.07 * years since the end of the financial year) - Banker's Certificate or Net Worth: Rs.1,61,25,750/- or Net Worth of Rs.40,31,437/-. These values and formulas define the bid capacity required for the tender. However, a specific "bid capacity" formula that combines these elements into a single value or expression is not explicitly provided. The information given relates to the financial eligibility criteria and requirements for bidders, outlining the necessary experience, turnover, and financial certificates but does not directly provide a unified "bid capacity" formula or value. Given the details, the bid capacity requirements are outlined in terms of experience, turnover, and financial certificates, but a direct, combined formula or value for "bid capacity" as requested is not found in the provided context.
Technical Capacity
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The required prior work experience for the bidder includes: - Three similar completed works each costing not less than Rs.1,61,25,750/- - Two similar completed works each costing not less than Rs.2,41,88,624/- - One similar completed work costing not less than Rs.3,22,51,500/- No specific percentage of similar works completed is mentioned. The average annual financial turnover of the bidder should be at least Rs.1,20,94,312/- during the immediate last three consecutive financial years. The value of executed works and annual turnover figures should be brought to the current level by enhancing the actual value at a simple rate of 7% per annum.

Costs

  • EMD

    INR 8,06,300 (USD 9,291)

Summary

Sitc Of Scada System For Auto-operation Of All Electric Substations Across Iith Campus

Description

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Contact

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