National Bank For Agriculture And Rural Development Tender
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National Bank For Agriculture And Rural Development - NABARD Tender
Services
GEM
Opening Date24 Feb 2025
Closing Date17 Mar 2025
Tender AmountINR 2,54,28,480 (USD 2,94,054)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required to bid can be determined using the following formulas based on the "Past Experience of Similar Services":
1. 40% of the estimated cost for three similar completed services
2. 50% of the estimated cost for two similar completed services
3. 80% of the estimated cost for one similar completed service
Given the Estimated Bid Value is 25428480, we can calculate the bid capacity as follows:
- For three similar services: 40% of 25428480 = 0.4 * 25428480 = 10171392
- For two similar services: 50% of 25428480 = 0.5 * 25428480 = 12714240
- For one similar service: 80% of 25428480 = 0.8 * 25428480 = 20342784
These values represent the minimum amount of similar services the bidder must have completed to be eligible to bid.
Technical Capacity
The required prior work experience for the bidder is as follows:
1. The bidder must have successfully executed/completed similar services over the last three years.
2. The required prior work experience for the bidder is 3 – 6 years.
3. The bidder should have prior experience of similar services.
The value and percentage of similar works completed are mentioned as follows:
1. Three similar completed services costing not less than 40% of the estimated cost, which is approximately 10171400.
2. Two similar completed services costing not less than 50% of the estimated cost, which is 12714240.
3. One similar completed service costing not less than 80% of the estimated cost, which is approximately 20342880.
Additionally, the proof for past experience can be provided through documents such as contract copy along with invoices, execution certificate by the client, or any other document supporting contract execution.
Costs
EMD
INR 2,54,000 (USD 2,937)
Description
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Contact
Tender Id
GEM/2025/B/5989424Tender No
GEM/2025/B/5989424Tender Authority
National Bank For Agriculture And Rural Development ViewPurchaser Address
-Website
bidplus.gem.gov.in
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Documents
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