NBCC India Limited Tender
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NBCC India Limited - NBCC Tender
Works
Eprocure
Opening Date6 Mar 2025
Closing Soon13 Mar 2025
Tender AmountINR 3,53,01,985 (USD 4,04,096)
AI Insights
AI Insights
Technical
Financial
Additional Eligibility
Class Of Bidder
The class eligibility requirement to bid or participate in this tender is Class-III digital signature.
Bid Capacity
The bid capacity required can be determined by looking at the minimum eligibility criteria specified for bidders.
In terms of the value of similar works, the bid capacity required can be summarized as:
- At least Rs. 4,23,62,772/- for three similar works,
- At least Rs. 3,53,01,985/- for two similar works,
- At least Rs. 2,82,41,588/- for one similar work.
The financial requirements specified are:
1. Audited financial turnover: At least 40% of the estimated cost (Rs. 1,41,20,794/-), calculated using the formula: Audited Financial Turnover Requirement = 0.4 * Estimated Cost
2. Net Worth: At least 10% of the estimated cost (Rs. 35,30,198.50/-), calculated using the formula: Net Worth Requirement = 0.1 * Estimated Cost
3. Bank Solvency Certificate: For at least 40% of the estimated cost (Rs. 1,41,20,794/-), if the estimated cost exceeds Rs. 25 Crores, calculated using the formula: Bank Solvency Certificate Requirement = 0.4 * Estimated Cost (if Estimated Cost > Rs. 25 Crores)
4. Profit Requirement: Profit in at least one of the last three years.
Additionally, the Average annual Audited financial turnover (after enhancement) for the last 3 years shall be at least 40% of the estimated cost put to tender, with the enhancement calculated using the formula:
- For the last financial year: actual turnover figure * (1 + 0.07)
- For the year before the last financial year: actual turnover figure * (1 + 0.07 * 2)
- For the year before that: actual turnover figure * (1 + 0.07 * 3)
Then, Average annual Audited financial turnover = (Enhanced turnover of last financial year + Enhanced turnover of the year before the last financial year + Enhanced turnover of the year before that) / 3.
Technical Capacity
The required prior work experience for the bidder is that they should have experience of having successfully completed "similar works" during the last 7 years. The similar works refer to "Supply and installation of furniture in any Residential and Non-Residential Buildings". The required experience can be in the form of:
- Three similar works each costing not less than 40% of the estimated cost put to tender, which is Rs. 3,53,01,985/-, so each work should be at least 40% of this amount, i.e., 1.41204 million
- Two similar works each costing not less than 50% of the estimated cost put to tender, which is Rs. 3,53,01,985/-, so each work should be at least 50% of this amount, i.e., 1.7651 million
- One similar work costing not less than 80% of the estimated cost put to tender, which is Rs. 3,53,01,985/-, so the work should be at least 80% of this amount, i.e., 2.82408 million
The Average annual Audited financial turnover for the last 3 years should be at least 40% of the estimated cost put to tender.
The value of executed works shall be brought to the current level by enhancing the actual value of work done at a simple rate of 7% per annum.
In case of work experience in Joint Venture (JV/Consortium), the bidder's proportionate experience to the extent of its share in the Venture shall be allowed on submitting valid proof of their share/work done.
Costs
EMD
INR 3,53,019 (USD 4,041)
Description
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Contact
Tender Id
2025_NBCC_791369_1Tender No
NBCC/VSKP/Furniture/2025/74Tender Authority
NBCC India Limited ViewPurchaser Address
-Website
https://www.nbccindia.com/
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