Orissa Agro Industries Corporation Limited Tender
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Orissa Agro Industries Corporation Limited - OAIC Tender
Works
Eprocure
Opening Date4 Feb 2025
Closing Date15 Feb 2025
Tender AmountINR 6,91,93,946 (USD 7,98,548)
AI Insights
AI Insights
Technical
Class Of Bidder
The class eligibility requirement to bid or participate in this tender includes Super Class, Special Class, and 'A' Class contractors. Additionally, bidders must be 'A' Class & Special Class contractors registered with the State Governments and contractors of equivalent Grade / class registered with Central Government / MES / Railways.
Bid Capacity
The bid capacity required in the given tender to bid having value is related to the price adjustment due to changes in minimum wages for labor and prices of Petrol, Oil, and Lubricants.
The formula to calculate the increase or decrease in the price of labor is:
VI = 0.75 x PL x R x (I - I0) / 100
Where:
VI = Increase or decrease in the cost of work during the quarter under consideration due to changes in the minimum wages rate of labor.
R = The value of work done in Rupees during the quarter under consideration.
I0 = The minimum wages for labor as prevailed during the quarter under consideration in which the tender was opened.
I = The minimum wages for labor prevailed during the quarter under consideration.
PL = Percentage of labor component.
Additionally, the price adjustment for Petrol, Oil, and Lubricants (with Diesel oil as the representative item) is also mentioned, with the formula:
Kl = 0.75 × K x R (D2 - D1)
Where,
Kl = Increase or decrease in the cost of work during the quarter under consideration due to changes in the price of P.O.L.
R = The value of work done in Rupees during the quarter under consideration.
D1 = Average Price per liter of diesel oil which was fixed by the Government of India during the quarter in which the tender was opened.
D2 = Average Price per liter of diesel oil which is fixed during the quarter under consideration.
K = Percentage of P.O.L. component.
The percentage of materials, labour and P.O.L. component for reimbursement / refund on variation in price of material, labour and P.O.L. is given as:
- Building works: 30% for materials, 30% for labour, 5% for P.O.L. (or 20% for materials if brick is supplied by the Department).
- Other works: Not specified.
The bid capacity required can also be formulated as:
- Minimum 60% of the tender value in a single work
- OR
- Total tender value in cumulative, during the last 3 years.
Technical Capacity
The required prior work experience for the bidder includes the execution of similar nature of projects. The bidder needs to provide a list of similar projects executed, including the name of the employer, location and name of work, contract price in Indian Rupees, items of works, date of starting and completion of work, and reasons for delay, if any. Additionally, the bidder needs to provide a list of similar projects in progress, including the name of the employer, location and name of work, contract price in Indian Rupees, items of works, date of starting and stipulated date of completion of work, revised target date of completion, and reasons for slow progress, if any.
The contract price for civil works needs to be mentioned clearly. The bidder's experience and competency in executing similar projects will be evaluated.
No specific value or percentage of similar works completed is mentioned. The bidder is required to have prior work experience in projects similar to the proposed work, and needs to provide information about their works experience, including a list of projects executed and in progress that are similar in nature to the work.
Costs
EMD
INR 6,91,940 (USD 7,985)
Description
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Contact
Tender Id
2025_OAICL_110126_1Tender No
MD_OAIC_52_E_I_2024-25Tender Authority
Orissa Agro Industries Corporation Limited ViewPurchaser Address
-Website
https://www.orissaagro.com/
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Documents
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