Odisha Lift Irrigation Corporation Limited Tender

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. 266.00 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 completed similar work of at least one similar work of value not less than Rs. 107.00 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. 160.00 Lakhs, which is 60% of the value mentioned above. The bidder should have completed at least 80% of the original contract value of similar work. 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 have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. 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 214 nos bore well, the minimum quantity required to qualify would be 0.4 x 214 x 12/6 = 171 nos bore well. The bidder should also have working capital requirement (Credit facility) of not less than twenty percentage (20%) of the amount put to tender, which is Rs. 133.00 Lakhs. The bidder should have experience in similar works, with a weightage of 10% per year given on the cost of satisfactory completed works of previous years to bring them to the current price level. The bidder's 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, 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 sufficient work experience in Bore Well scheme/machinery and equipment required for execution of the work. The bidder must demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages. Specifically, the bidder needs to furnish documents for similar work experience and completion of similar major item of work. The exact percentage of similar works completed is not specified in some cases, but a weightage of 10% per year is given to the cost of satisfactorily completed works of previous years. Values mentioned include: - Rs. 266.00 Lakhs (40% of the proposed contract value for a single prime contractor) - Rs. 107.00 Lakhs (40% of the value mentioned above for a joint venture) - Rs. 160.00 Lakhs (60% of the value mentioned above) - 40% of the estimated annual quantity of execution for similar major items of work - 80% of the original contract value of similar work - 20% of the amount put to tender for working capital requirement (Credit facility), which is Rs. 133.00 Lakhs.