Power Development Department Tender
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Power Development Department - PDD Tender
Works
Energy, Oil and Gas
Eprocure
Opening Date10 Feb 2025
Closing Date3 Mar 2025
Tender AmountINR 2,44,67,000 (USD 2,79,394)
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender to bid includes:
1. Net Worth:
- Value: 30% of the Estimated Cost
- Formula: Net Worth ≥ 0.3 * Estimated Cost
- Formula for calculation: Net Worth = Net value of assets - Net value of liabilities
2. Available cash flow (Financial Resources):
- Value: 20% of the estimated cost
- Formula: Financial Resources ≥ 0.2 * Estimated Cost
- Formula for calculation: Available cash flow = (Current assets - Current liabilities) + Assured line of credit - 15% cost of the current contractual commitments
3. Average annual financial turnover:
- Value: 30% of the estimated cost of the tender
- Formula: Average annual financial turnover ≥ 0.3 * Estimated cost of the tender
4. Specific Experience and General Experience:
- No specific value mentioned, but formulas for general experience are:
- Cost of one similar completed work ≥ 0.8 * Estimated cost
- Cost of each of two similar completed works ≥ 0.5 * Estimated cost
- Cost of each of three similar completed works ≥ 0.4 * Estimated cost
5. Bid security:
- Value: 2% of the estimated value
- Formula: Bid Security = 2% of Estimated Value
Additionally, there's a requirement for an additional performance security in case of an unbalanced bid, with the following scale and formula:
- Upto and including 15% below: Nil
- >15% upto and including 20% below: 5%
- >20% upto and including 25% below: 10%
- >25% upto and including 30% below: 15%
- >30% below: 20%
- Formula for additional performance security: (Percentage of unbalanced bid) => Additional performance security to be deposited on quoted bid.
Technical Capacity
The bidder is required to have prior work experience, specifically as a prime contractor, manufacturer, or reputed firm in the construction of works of a similar nature and complexity.
For a Joint Venture (JV), any partner should have at least 3 years of experience. Both partners together should have an average annual turnover during the last three financial years, which is at least 30% of the estimated cost of the tender quoted for.
For General Experience, any of the partners should have successfully executed as a main contractor, manufacturer, or reputed firm, work orders/contracts in any similar sector during the last seven financial years, with a minimum cost of completed works as follows:
- One similar completed work costing not less than 80% of the estimated cost.
- Two similar completed works, each costing not less than 50% of the estimated cost.
- Three similar completed works, each costing not less than 40% of the estimated cost.
For Specific Experience, either of the partners in a JV should have successfully executed/completed similar nature of work during the last 7 years up to the last month of submission of the bid. The similar work experience can be demonstrated by one of the following:
- One similar completed work costing not less than the amount equal to 80% of the estimated cost.
- Two similar completed works each costing not less than the amount equal to 50% of the estimated cost.
- Three similar completed works each costing not less than the amount equal to 40% of the estimated cost.
The similar sector is defined as SITC work completed in the Transmission Sector in Transmission Lines, i.e., 132KV or above. Both partners in a JV can meet the General Experience criteria jointly.
Additionally, the single bidder should have successfully executed/completed similar nature of work during the last 7 years up to the last month of submission of bid, and have an average annual financial turnover during the last 3 years of at least 30% of the estimated cost of the tender quoted for.
Here, “Similar Sector” means SITC Work completed in Transmission Sector in Transmission Lines i.e. 132KV or above.
Costs
EMD
INR 4,89,000 (USD 5,584)
Description
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Contact
Tender Id
2025_PDD_272217_1Tender No
TLMD-III/UDH/21 of 2024-25 Dated 10-02-2025Tender Authority
Power Development Department ViewPurchaser Address
-Website
http://www.jkpdd.gov.in/
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Documents
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