Punjab State Transmission Corporation Limited Tender
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Punjab State Transmission Corporation Limited - PSTCL Tender
Works
Eprocure
Opening Date31 Jan 2025
Closing Date3 Mar 2025
Tender AmountINR 4,63,38,980 (USD 5,36,074)
AI Insights
AI Insights
Technical
Class Of Bidder
Ist class
Bid Capacity
To determine the bid capacity required, we need to analyze the provided information. The bid capacity is related to the financial capability of the bidder to undertake the project.
One relevant formula is the calculation of the minimum solvency certificate amount, which is directly tied to the bidder's financial capability. This formula is:
Minimum Solvency Certificate Amount = (Tendered Cost / Completion Period)
Additionally, the bid capacity requirements include:
- Average Annual financial turnover during the last 3 years: at least 30% of the estimated cost.
- Experience of having successfully completed similar works during the last 7 years, with specific requirements based on the estimated cost.
However, specific details such as the estimated cost value are not explicitly provided, making it challenging to calculate the exact bid capacity required.
Given the information and the requirement to extract bid capacity having value and formulas, the answer is:
Minimum Solvency Certificate Amount = (Tendered Cost / Completion Period)
And the bid capacity requirements of
- Average Annual financial turnover during the last 3 years: at least 30% of the estimated cost.
- Experience of having successfully completed similar works during the last 7 years:
+ Three similar completed works costing not less than 40% of the estimated cost.
+ Two similar completed works costing not less than 50% of the estimated cost.
+ One similar completed work costing not less than 80% of the estimated cost.
Technical Capacity
The bidder should have satisfactorily executed similar work, with the following prior work experience:
i) Average Annual financial turnover during the last 3 years should be at least 30% of the estimated/DNIT cost.
ii) Experience of having successfully completed similar works during the last 7 years, with the following options:
a) Three similar completed works costing not less than 40% of the estimated cost.
b) Two similar completed works costing not less than 50% of the estimated cost.
c) One similar completed work costing not less than 80% of the estimated cost.
Similar works include Construction of Switch House Building and Yard Foundations for structures of 66/132/220 KV Sub-Station or Construction of any other building work or bridge work or other works involving RCC Foundations.
Costs
EMD
INR 9,26,800 (USD 10,722)
Description
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Contact
Tender Id
2025_POWER_133711_1Tender No
CWJ/T-24/2024-25.Tender Authority
Punjab State Transmission Corporation Limited ViewPurchaser Address
-Website
http://punjab.gov.in/power
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Documents
Construction of all technical civil works for upgradation of 66 KV S/S Nawapind to 220 KV S/S.
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