New Okhla Industrial Development Authority Tender
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Technical
Technical
Financial
Bid Capacity
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To determine the bid capacity required, we look at the provided information. 1. Solvency: 40% of the total estimated cost, which is 0.4 * 55691844.82 = 22276737.93.
2. Experience: - Three similar works, each costing not less than 40% of the estimated cost: 3 * 0.4 * 55691844.82 = 3 * 22276737.93. - Two similar works, each costing not less than 60% of the estimated cost: 2 * 0.6 * 55691844.82 = 2 * 33415106.89. - One similar work costing not less than 80% of the estimated cost: 1 * 0.8 * 55691844.82 = 1 * 44553475.86.
3. Average Annual Financial Turnover: At least 30% of the estimated cost during the last 3 consecutive financial years, which is 0.3 * 55691844.82 = 16707573.46 per year. Given these details, the bid capacity required involves specific financial thresholds and formulas based on the estimated cost of the tender. The formulas are:
- Solvency = 0.4 * Total Estimated Cost
- Experience (for each scenario) = [0.4 or 0.6 or 0.8] * Total Estimated Cost
- Average Annual Financial Turnover = 0.3 * Total Estimated Cost Therefore, the bid capacity required can be calculated using these formulas with the given estimated cost. However, since the query asks for a specific value and formulas and given the complexity and variability of the requirements (solvency, experience, and average annual financial turnover), the most direct answer to the query about extracting bid capacity with a specific value and formulas, considering the need for precise calculations based on the estimated cost provided, is to apply these formulas directly. Thus, the bid capacity required for solvency is 22276737.93, for experience it varies by scenario (three similar works: 3 * 22276737.93, two similar works: 2 * 33415106.89, one similar work: 44553475.86), and for average annual financial turnover it is 16707573.46 per year for the last 3 years. Given the information and the specific query, the answer is found within the provided context, and it includes specific values and formulas for calculating the bid capacity required.
Technical Capacity
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The required prior work experience for the bidder includes completing similar works during the last 7 years. The similar works include cleaning and desilting of drains, cleaning and sweeping of roads, housekeeping of buildings and compounds, and mechanical sweeping of roads. The bidder should have completed:
- Three similar or sanitation-related works, each costing not less than 40% of the estimated cost put to tender, which is 22276737.93 Rs.
- Or, two similar or sanitation-related works, each costing not less than 60% of the estimated cost put to tender, which is 33415106.89 Rs.
- Or, one similar or sanitation-related work, costing not less than 80% of the estimated cost put to tender, which is 44553475.86 Rs. The estimated cost put to tender is 55691844.82 Rs. The percentage of similar works completed is 40%, 60%, and 80% of the estimated cost put to tender. Additionally, the bidder should have a Principal Technical Representative with a minimum of 5 years of experience, a Sanitary Supervisor with a minimum of 2 years of experience, and a Sanitary Inspector with a minimum of 5 years of experience. The bidder should also have a minimum solvency of 40% of the total estimated cost put to tender. However, the exact amount of cash assets required is not mentioned. In terms of similar works, the bidder should have an experience of similar nature work in Government/ Development Authority/ Townships/ ULBs. The values for similar works completed are:
- 40% of the estimated cost: Rs. 22276738.73 (for three similar completed works)
- 60% of the estimated cost: Rs. 33415526.89 (for two similar completed works)
- 80% of the estimated cost: Rs. 44513475.86 (for one similar completed work)
Costs
EMD
INR 11,37,000 (USD 13,153)
Description
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Contact
Tender Id
2025_NOIDA_997652_1Tender No
27/GM/PE(PH)-I/E-T/2024-25Tender Authority
New Okhla Industrial Development Authority ViewPurchaser Address
-Website
http://https://www.noidaauthorityonline.in/