Oil And Natural Gas Corporation Limited Tender

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Oil And Natural Gas Corporation Limited - ONGC Tender

Works
Eprocure
Opening Date8 Feb 2025
Closing Date1 Mar 2025
Tender AmountINR 5,00,03,665 (USD 5,77,078)
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AI Insights

Class Of Bidder
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Class I and Class II local suppliers are eligible to apply in this tender.
Bid Capacity
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The bid capacity required can be calculated using the following formulas and values: - For three similar works: 3 * (40% of Tender Value) = 3 * 0.4 * ₹ 5,00,03,665.00 = ₹ 1,66,90,832.40, with each work valued at ₹ 55,63,610.80. - For two similar works: 2 * (50% of Tender Value) = 2 * 0.5 * ₹ 5,00,03,665.00 = ₹ 1,39,09,027.00, with each work valued at ₹ 69,54,513.50. - For one similar work: 1 * (80% of Tender Value) = 1 * 0.8 * ₹ 5,00,03,665.00 = ₹ 1,11,27,221.60. Therefore, the bid capacity required is: - ₹ 55,63,610.80 for three similar works - ₹ 69,54,513.50 for two similar works - ₹ 1,11,27,221.60 for one similar work.
Technical Capacity
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The bidder must have successfully completed similar works, which are defined as any civil work excluding horticulture work. The required prior work experience for the bidder can be fulfilled in one of the following ways: a) Three similar completed works each costing not less than 40% (₹ 55,63,610.80) of the estimated cost of the Group A work, b) Two similar completed works each costing not less than 50% (₹ 69,54,513.50) of the estimated cost of the Group A work, c) One similar completed work costing not less than 80% (₹ 1,11,27,221.60) of the estimated cost of the Group A work. The estimated cost of the Group A work is ₹ 5,00,03,665.00. The bidder's experience in ongoing contracts involving multiple services will also be considered, subject to the condition that the relevant service has been satisfactorily completed. The actual executed amount shall be considered as the value of the completed work.

Costs

  • EMD

    INR 2,78,000 (USD 3,208)

Description

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