New Okhla Industrial Development Authority Tender
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New Okhla Industrial Development Authority Tender
Works
Eprocure
Opening Date30 Jan 2025
Closing Soon5 Feb 2025
Tender AmountINR 8,55,45,765 (USD 9,89,640)
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
The class eligibility requirement to bid or participate in this tender is not specified, as the specific class of contractor (such as Class A, Class B, Class I, Class II, etc.) is not mentioned. However, it is mentioned that contractors/firms should be registered with Noida Authority, State PWD, CPWD, or other government/public sector undertakings.
Bid Capacity
To extract the bid capacity required in the given tender to bid having value and formulas, we look at the specific financial and work completion criteria mentioned.
The bid capacity required includes:
1. Solvency: 40% of the total estimated cost, which is 0.4 * 85545764.76 = 34218305.90.
2. Experience:
- Three works: 3 * 0.4 * 85545764.76 = 3 * 34218305.90.
- Two works: 2 * 0.6 * 85545764.76 = 2 * 51327458.86.
- One work: 1 * 0.8 * 85545764.76 = 1 * 68436611.81.
3. Turnover: Average of last 3 years' turnover should be at least 0.3 * (annual cost).
4. Earnest Money: Rs. 17,46,000/-.
5. Performance Guarantee/Security: Calculated based on the rate quoted, with specific percentages applied depending on how much below the B.O.Q rate the bid is, using the formulas @0.5% per one percent up to 10% below the rate and @1% per one percent on the rate quoted beyond 10% below the rate.
Given these details, the bid capacity required can be calculated based on these parameters.
Technical Capacity
The required prior work experience for the bidder includes completing similar or sanitation-related works with specific cost requirements. The bidder must have completed:
- Three similar works, each costing not less than 40% of the estimated cost put to tender, with a value of Rs. 34218305.90.
- Alternatively, two similar works, each costing not less than 60% of the estimated cost put to tender, with a value of Rs. 51327458.86.
- Or, one similar work costing not less than 80% of the estimated cost put to tender, with a value of Rs. 68436611.81.
Additionally, the average annual financial turnover should be at least 30% of the annual cost during the last 3 consecutive financial years, with a specific value of Rs. 25663729.43 mentioned. The bidder should also have experience in similar nature work in Government/ Development Authority/ Townships/ ULBs, although specific details on the value and percentage of similar works completed are not mentioned in this case.
Costs
EMD
INR 17,46,000 (USD 20,199)
Summary
Cleaning And Sweeping Of All Roads And Drain Including Disposal Of Solid Waste Of Various Sector/villages In Ph-i Area, Zone-vi, Noida
Description
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Contact
Tender Id
2025_NOIDA_997650_1Tender No
26/GM/PE(PH)-I/E-T/2024-25Tender Authority
New Okhla Industrial Development Authority ViewPurchaser Address
-Website
https://www.noidaauthorityonline.in/
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