IREL India Limited Tender
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Search from a pool of business opportunities related to Odisha tenders on the online platform of BidAssist. Be it an Odisha PWD tender or a civil aviation tender, one can find every tender Odisha government, as well as PSUs and other organizations, post online. Every tender, active or achieved, is sourced from the eProcurement Odisha website and thus carries full credibility.
Technical
Technical
Financial
Bid Capacity
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The bid capacity required in the given tender to bid is calculated based on the formula: Total of all balance value + Estimated value of this tender < Average financial turnover * 4. Given the estimated bid value is 28438053, the bid capacity required is: Total of all balance value + 28438053 < 28800000. Total of all balance value < 28800000 - 28438053 = 361947. So, the bid capacity required is that the total of all balance value should be less than 361947. Additionally, the Minimum Average Annual Turnover required is 72 Lakh for 3 years. Therefore, the bid capacity required in the given tender to bid is: - Total of all balance value < 361947
- Minimum Average Annual Turnover: 72 Lakh for 3 years.
Technical Capacity
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The bidder should have prior work experience in similar works, with specific requirements including: - Execution of one order for similar works for a value of not less than Rs 2.27 crores, - Execution of two orders for similar works for a value of not less than Rs 1.42 crores each, - Execution of three orders for similar works for a value of not less than Rs 1.13 crores each. However, for MSE bidders and startups, past experience is relaxed, but they must establish technical competency by submitting supporting documents for successful execution of similar work for any value. No specific percentage of similar works completed is mentioned. The bidder should have a minimum average annual turnover of Rs 72.0 lakhs during the last three years. The annualized concurrent commitments plus the annualized estimated value of the work should not exceed four times the average annual financial turnover during the last three financial years. Documentary evidence to be submitted includes a copy of the completion or performance certificate along with the work order(s) satisfying the above criteria. Additionally, a completion certificate is required as documentary evidence. The values mentioned are Rs 2.27 crores, Rs 1.42 crores, and Rs 1.13 crores, and Rs 72.0 lakhs. No percentage of similar works completed is mentioned.
Costs
EMD
INR 4,82,000 (USD 5,574)
Description
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Contact
Tender Id
GEM/2025/B/5871388Tender No
GEM/2025/B/5871388Tender Authority
IREL India Limited ViewPurchaser Address
-Website
http://bidplus.gem.gov.in
Documents
list-of-categories-where-trials-are-allowed_1712126171.pdf
SERVICE_3ea99314-3c55-4a7f-a9341737971751203_buycon2.irel.odisha.docx