Maharashtra Industrial Development Corporation Tender
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Maharashtra Industrial Development Corporation - MIDC Tender
Works
Eprocure
Opening Date4 Mar 2025
Closing Date13 Mar 2025
Tender AmountINR 4,61,17,625 (USD 5,27,901)
AI Insights
AI Insights
Technical
Financial
Additional Eligibility
Class Of Bidder
Class A.
Bid Capacity
The bid capacity required in the given tender to bid is calculated using the following formula:
Assessed Available Bid capacity = (A*N*2 - B)
Where:
A = Maximum value of civil/electrical/mechanical engineering works executed in anyone year during the last five years (updated at 10% per annum (Compounded) by multiplying values with applicable factor i.e. 1.1, 1.21, 1.33, 1.46 & 1.61 as the case may be)
N = Number of years prescribed for completion of the works for which bids are invited.
B = Value (updated at 10% per annum (Compounded) by multiplying values with applicable factor i.e. 1.1, 1.21, 1.33, 1.46 & 1.61 as the case may be) of existing commitments and on-going works to be completed during the next …. Years (period of completion of the Works for which bids are invited)
Alternatively, the bid capacity can also be determined as 25% of the contract value, which would be Rs. 1,15,29,293.25, based on the estimated cost of the project, which is Rs. 4,61,17,173.00.
Technical Capacity
The required prior work experience for the bidder is a work experience certificate, signed by an officer not below the rank of Executive Engineer, for work executed in a Government Department, semi-Government, or local bodies. The work should have cost not less than 50% of the tender cost. The value of the work will be updated at 10% per annum (compounded) by multiplying the values with applicable factors. The work experience should be for a similar work completed during any of the last 5 financial years, with a single similar work completed in all respects costing not less than 50% of the cost put to tender. The bidder should have experience in government departments, semi-government, or local bodies, and should have been executed during any of the last 5 financial years. The amount of work will be updated at 10% per annum (compounded) by multiplying values with applicable factors, such as 1.1, 1.21, 1.33, 1.46, and 1.61. The bidder is also required to undertake that they would invest a minimum cash up to 25% of the work during implementation of the Contract.
Costs
EMD
INR 2,30,600 (USD 2,640)
Summary
Power Supply Infrastructure Facility. Providing, Erecting, Testing And
Description
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Contact
Tender Id
2025_MIDC_1156777_1Tender No
18/B/01Tender Authority
Maharashtra Industrial Development Corporation ViewPurchaser Address
-Website
mahatenders.gov.in
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Documents
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