Indian Institute Of Technology Tender
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Indian Institute Of Technology - IIT Tender
Works
Eprocure
Opening Date8 Feb 2025
Closing Soon15 Feb 2025
Tender AmountINR 2,82,21,126 (USD 3,25,692)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required includes:
1. Financial Turnover Requirement: Average annual financial turnover of Rs. 2.26 Crore.
2. Profit Requirement: Positive profit after tax for at least three out of the last five years.
3. Similar Work Experience:
- Three similar works each of value not less than 40% of the estimated cost.
- Two similar works each of value not less than 60% of the estimated cost.
- One similar work of value not less than 80% of the estimated cost.
4. Net worth: Rs. 28.25 Lakh.
Formulas for calculating the required experience and financial capacity are implied, including:
- Average annual financial turnover = Total turnover for the relevant years / Number of years.
- The value of executed works is brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum.
Technical Capacity
The required prior work experience for the bidder includes having satisfactorily completed similar works of a specified magnitude. The criteria for eligibility include:
- Three similar works each of value not less than 40% of the estimated cost
- Two similar works each of value not less than 60% of the estimated cost
- One similar work of value not less than 80% of the estimated cost (rounded to the nearest Rs. 10 lac) in the last 7 years.
The value of executed works shall be brought to the current costing level by enhancing the actual value of work at a simple rate of 7% per annum.
“Similar Work” shall mean “execution of waterproofing works in HVAC and Electrical Under Ground tunnels, trenches, RCC framed Buildings OR Precast Buildings OR to the water retaining structures at all heights and levels to make the structures watertight”.
The values and percentages mentioned are:
- 40% of the estimated cost (for three similar works)
- 60% of the estimated cost (for two similar works)
- 80% of the estimated cost (for one similar work)
- Rs. 10 lac (as the rounding value for the estimated cost)
Costs
EMD
INR 5,64,450 (USD 6,514)
Description
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Contact
Tender Id
2025_IITH_848258_1Tender No
IITH/CMD/CIV/2024-25/NIT-71Tender Authority
Indian Institute Of Technology ViewPurchaser Address
-Website
eprocure.gov.in
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Documents
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