Odisha Lift Irrigation Corporation Limited Tender
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Odisha Lift Irrigation Corporation Limited - OLICL Tender
Works
Civil And Construction
Excavation
Electrical and Electronics
Electrical Works
Eprocure
Opening Date30 Jan 2025
Closing Date24 Feb 2025
Tender AmountINR 12,77,19,000 (USD 14,77,523)
AI Insights
AI Insights
Technical
Bid Capacity
The bid capacity required in the given tender can be calculated using the formula:
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.
Additionally, the qualifying quantity is calculated as:
Qualifying quantity = 0.4 x (estimated quantity of work) x 12 month/ period of completion
The bidder should also have a minimum working capital requirement of 20% of the amount put to tender, or Rs. 255.00 Lakhs, and a minimum similar work experience of 40% of the estimated annual quantity of execution.
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.
Technical Capacity
The required prior work experience for the bidder includes satisfactorily completing similar work, which is a composite work of drilling, energisation, 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. 511.00 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. 204.00 Lakhs, which is 40% of the value mentioned above.
Additionally, the bidder or their identified sub-contractor should possess a required valid electrical license and should have executed similar electrical works of at least one similar work of value not less than Rs. 307.00 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. 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 should also have satisfactory completion of similar major items of work with a minimum quantity of 40% of the estimated annual quantity of execution in the last 5 years.
The bidder is required to have similar work experience and provide documents showing details of similar work experience. The bidder should demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages.
The available bid capacity will be calculated based on the bidder's ability to meet the total estimated cost put to tender. The bidder should have sufficient financial background and work experience in Bore Well scheme/machinery and equipment required for execution of the work.
The qualifying quantity can be calculated as 0.4 x (estimated quantity of work) x 12 months/period of completion. For example, if the estimated quantity of work is 400 nos bore well and the period of completion is 6 months, the minimum quantity required to qualify would be 0.4 x 400 nos bore well x 12/6 = 320 nos bore well.
The bidder's previous years' work experience will be given a weightage of 10% per year on the cost of satisfactory completed works to bring them to the current price level. The bidder is required to furnish a certificate from an authority not below the rank of Executive Engineer or any other competent authority to support their work experience for the last 5 years.
The assessed bid capacity is 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 with a 10% escalation factor per year.
Costs
EMD
INR 12,77,000 (USD 14,773)
Summary
Installatin, Electrification, Energisation And Commissioning Of Borewells In Nabarangpur
Description
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Contact
Tender Id
2025_OLIC_109845_2Tender No
816 DT-27.01.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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