Orissa Construction Corporation Limited Tender

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Orissa Construction Corporation Limited - OCCL Tender

Works
Civil And Construction
Irrigation Work
Eprocure
Opening Date29 May 2025
Closing Date26 Jun 2025
Tender AmountINR 7,86,00,000 (USD 9,14,213)

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
Bid Capacity
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The formula for bid capacity can be expressed in two different ways. One way is: Maximum Bid capacity = 1.5 x Maximum Annual turnover. Another way to express it is: Bid Capacity = Average Annual Financial Turnover = 50% of Estimated Cost of Work. However, a more specific formula related to balance bid capacity is also given as: Balance Bid Capacity = Max bid Capacity – 2 x Estimated cost of Work.
Technical Capacity
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The required prior work experience for the bidder is that they should have substantially completed 90% of the value of works of similar nature in the last five years. The similar works can be in the form of three completed works, each with a value of not less than 20% of the estimated cost put to tender (Rs. 157.16 Lakh), or two completed works, each with a value of not less than 25% of the estimated cost put to tender (Rs. 196.44 Lakh), or one completed work with a value of not less than 40% of the estimated cost put to tender (Rs. 314.31 Lakh). The agreement should have been executed from the financial year 2020-21 onwards to be considered for similar nature of works. Additionally, the bidder should have a minimum amount of liquid assets and/or credit facilities, which is Rs. 157.16 Lakh (not less than 20% of the estimated cost put to tender).

Costs

  • EMD

    INR 7,86,000 (USD 9,142)

Summary

E-procurementnotice No.- 10/occl/2025-26(on-line)

Description

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Contact

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