Odisha Lift Irrigation Corporation Limited Tender

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Odisha Lift Irrigation Corporation Limited - OLICL Tender

Works
Civil And Construction
Excavation
Water Storage And Supply
Eprocure
Opening Date12 Feb 2025
Closing Date10 Mar 2025
Tender AmountINR 9,24,33,000 (USD 10,55,512)

AI Insights

Technical
Bid Capacity
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Assessed bid capacity = (2x A x N - B) Where: A = maximum value of work executed in any one financial year during last five years (updated to the current price level) B = value at current price level of the existing commitments and ongoing works to be completed during the period of completion of works for which bids are invited N = No. of years prescribed for completion of the work for which the bids are invited.
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing similar work, which is a composite work of drilling, energization, and commissioning. In the case of a single prime contractor, the bidder should have completed at least one similar work of value not less than Rs. 370.00 Lakhs, which is 40% of the proposed contract value. In the case of a joint venture, the bidder or their identified sub-contractor should have satisfactorily completed similar work of at least one similar work of value not less than Rs. 148.00 Lakhs, which is 40% of the value mentioned above, and executed similar electrical works of at least one similar work of value not less than Rs. 222.00 Lakhs, which is 60% of the value mentioned above. The bidder should have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. Additionally, the bidder should have a minimum working capital requirement of 20% of the amount put to tender, which is Rs. 185.00 Lakhs. The bidder's work experience for the last 5 years should be supported by a certificate from an authority not below the rank of Executive Engineer or any other competent authority. A weightage of 10% per year shall be given on the cost of satisfactory completed works of previous years to bring them to the current price level. The bidder must demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages, with the assessed bid capacity calculated as (2x A x N - B), where A is the maximum value of work executed in any one financial year during the last five years, updated to the current price level, and B is the value at the current price level of existing commitments and ongoing works to be completed during the period of completion of works for which bids are invited. The bidder should have completed works of a similar nature and value to be eligible for the contract, with the exact percentage of similar works required not specified, but the bidder's experience and resources will be evaluated based on their ability to meet the aggregate of the qualifying criteria for the individual packages. The bidder needs to provide information on completed similar work, experience in completion of similar major items of work, and similar work experience as specified in SCHEDULE - A. The bidder is required to have prior work experience in Bore Well schemes, machinery, and equipment, and demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages. The bidder needs to furnish documents for calculation of bid capacity and provide similar work experience as specified in SCHEDULE-A, and provide completion of similar major item of work as specified in SCHEDULE-B(B) of SECTION 2(H). The values mentioned are: - Rs. 370.00 Lakhs (40% of the proposed contract value for a single prime contractor) - Rs. 148.00 Lakhs (40% of the value mentioned above for a joint venture) - Rs. 222.00 Lakhs (60% of the value mentioned above for a joint venture) - Rs. 185.00 Lakhs (20% of the amount put to tender) - 40% of the estimated annual quantity of execution (minimum quantity of similar major items of work) - 20% of the amount put to tender (minimum working capital requirement) - 10% per year (weightage given on the cost of satisfactory completed works of previous years) - 40% and 60% (percentage of similar works completed for a joint venture) - 20% (minimum working capital requirement percentage)

Costs

  • EMD

    INR 9,24,000 (USD 10,551)

Description

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