Odisha Lift Irrigation Corporation Limited Tender
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Technical
Technical
Additional Eligibility
Bid Capacity
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The bid capacity required in the given tender is 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. Alternatively, it is also mentioned that the available bid capacity must be more than the total estimated cost put to tender, which can be represented as: Available bid capacity > Total estimated cost put to tender.
Technical Capacity
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The required prior work experience for the bidder includes executing similar type of work successfully, specifically drilling of borewells, in the last five years. The bidder should have executed a minimum quantity of similar major items of work, with a specific calculation provided. For one of the packages, the required prior work experience includes satisfactorily completing similar work (not less than 80% of the original contract value) with a value of at least Rs. 265.00 Lakhs, which is 40% of the proposed contract value. A weightage of 10% per year is given on the cost of satisfactorily completed works of previous years to bring them to the current price level. In general, the bidder must have executed similar types of work as indicated in specific schedules, but specific details on the required value and percentage of similar works completed are not consistently provided. However, for the mentioned package, the value is at least Rs. 265.00 Lakhs and the percentage is not less than 80% of the original contract value.
Costs
EMD
INR 6,63,000 (USD 7,609)
Description
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Contact
Tender Id
2025_OLIC_111514_4Tender No
2003 DT-07.03.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://http://www.odishalift.co.in/