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 Date11 Mar 2025
Closing Date2 Apr 2025
Tender AmountINR 4,34,88,000 (USD 4,99,118)
AI Insights
AI Insights
Technical
Additional Eligibility
Class Of Bidder
'A' / 'Special' Class registered with the State Govt. of Odisha or Contractors of equivalent grade/class registered with other state Govt./Central Govt./ M.E.S./ Railways or other Govt. undertakings.
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.
Note that the rate of inflation shall be taken as 10% per year (Escalation factor) which will take into account the completed as well as work in progress.
The assessed bid capacity should be more than the total estimated cost put to tender for the bidder to be qualified.
Technical Capacity
The required prior work experience for the bidder includes executing similar type of work successfully. The details of the similar work are indicated in specific schedules, but specific values or percentages of similar works completed are not mentioned. However, a minimum quantity of similar major items of work is required, which 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 300 nos. bore wells, the minimum quantity required to qualify would be 480 nos. bore wells, which represents 40% of the estimated annual quantity of execution.
Costs
EMD
INR 4,35,000 (USD 4,993)
Description
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Contact
Tender Id
2025_OLIC_111514_2Tender No
2003 DT-07.03.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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