National Aluminium Company Limited Tender

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National Aluminium Company Limited - NALCO Tender

Services
Manpower Supply
GEM
Opening Date3 Mar 2025
Closing Date2 Apr 2025
Tender AmountINR 7,25,45,649.77 (USD 8,30,418)

AI Insights

Technical
Financial
Bid Capacity
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To extract the bid capacity required, we consider the conditions for past experience of similar services and the financial requirements. The financial capacity required is a minimum average annual turnover of 92 Lakh (s) over the last 3 years. For operational capacity, the bidder must have 7 years of experience in similar services. The past experience criteria are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 72545649.77 = 29018259.908. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 72545649.77 = 36272824.885. 3. One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 72545649.77 = 58036500.616. Therefore, the bid capacity required can be any one of the following: - Three similar completed services with a total cost of at least Rs 29018259.908. - Two similar completed services with a total cost of at least Rs 36272824.885. - One similar completed service with a total cost of at least Rs 58036500.616. Additionally, bidders must quote above the Minimum Workable Value of Rs 6,90,91,095.02, including 18% GST. Thus, the bid capacity required includes both financial and operational components, with specific formulas for calculating past experience and financial turnover.
Technical Capacity
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The bidder is required to have 7 years of past experience in the same or similar service. The bidder must have successfully executed/completed similar services over the last three years with specific conditions, including: 1. Three similar completed services costing not less than 40% of the estimated cost, 2. Two similar completed services costing not less than 50% of the estimated cost, 3. One similar completed service costing not less than 80% of the estimated cost. Additionally, the bidder's minimum average annual turnover for the last 3 years should be 92 Lakh.

Costs

  • EMD

    INR 6,14,794 (USD 7,037)

Description

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