South Eastern Coalfields Limited Tender

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South Eastern Coalfields Limited - SECL Tender

Services
Hiring of Vehicles
GEM
Opening Date11 Mar 2025
Closing Date26 Mar 2025
Tender AmountINR 3,23,45,227 (USD 3,71,231)
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AI Insights

Bid Capacity
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To determine the bid capacity, we look at specific financial and experiential requirements. The estimated bid value is a key figure, and there are conditions related to past experience of similar services. These conditions include having completed similar services with costs of at least 40%, 50%, or 80% of the estimated bid value over the last three years, with specific numbers of projects required for each percentage. Calculating these gives us: 1. 40% of the estimated cost: 0.4 * 32345227 = 12938109 2. 50% of the estimated cost: 0.5 * 32345227 = 16172614 3. 80% of the estimated cost: 0.8 * 32345227 = 25876182 These values represent the minimum amounts of similar services work a bidder must have completed to be eligible. However, the tender also specifies a minimum average annual turnover and years of past experience required, without directly calculating a "bid capacity" from these figures. The minimum average annual turnover is specified as 97 Lakh for the last 3 years, and 7 years of past experience in providing similar services are required, with a contract period of 3 years. Given the information, the bid capacity required in terms of similar services completed is at least 12938109 for three similar services, at least 16172614 for two similar services, and at least 25876182 for one similar service. However, these are eligibility criteria rather than a direct "bid capacity" calculation. The specific bid capacity value or formula combining these elements into a single metric is not provided.
Technical Capacity
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The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years, with specific requirements being: 1. Three similar completed services costing not less than 40% of the estimated cost; 2. Two similar completed services costing not less than 50% of the estimated cost; 3. One similar completed service costing not less than 80% of the estimated cost. Additionally, the bidder should have 7 years of past experience in providing similar services. There is also a mention of a minimum average annual turnover of 97 Lakh for 3 years and an ePBG Percentage of 5.00%.

Costs

  • EMD

    INR 4,04,400 (USD 4,641)

Description

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