Uttar Pradesh State Industrial Development Authority Tender

If you're a registered bidder for etender UP and want to inquire about any e-tender UP government has posted, this is your stop. No need to enter every detail on the website of <a href="https://etender.up.nic.in">etender.up.nic.in</a> - BidAssist filters will help you find the exact UP etender you're looking for. Read to learn how to search &amp; bid for etender UP.

Uttar Pradesh State Industrial Development Authority - UPSIDA Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date16 Jan 2025
Closing Date5 Feb 2025
Tender AmountINR 2,92,98,891 (USD 3,38,945)

AI Insights

Technical
Class Of Bidder
... View More
A class approved license, specifically for electrical works, issued by the Directorate of Electrical Safety of Uttar Pradesh.
Bid Capacity
... View More
The bid capacity required to bid can be determined by the following eligibility criteria and formulas: 1. Solvency: 40% of the total estimated cost of the work, which is 13829076.00 INR, given the total estimated cost is 34572691.00 INR. 2. Experience: The tenderer should have completed at least: - 3 jobs of similar nature, each of value not less than 13829076.00 INR. - OR, 2 jobs of similar nature, each of value not less than 20743615.00 INR. - OR, 1 job of similar nature, valued at not less than 27658153.00 INR. 3. Turnover: The average annual financial turnover from the core business should be at least 30% of the estimated cost of the tender during the immediate last 3 consecutive financial years, which is 10371807.00 INR per year, given the estimated cost is 34572691.00 INR. Additionally, the bid capacity required in terms of solvency can be calculated using the formula: Minimum Solvency Required = 40% of Total Estimated Cost of the Tender. For another tender, the minimum average annual financial turnover required is calculated as: Minimum Average Annual Turnover = 30% of the estimated cost of the tender, resulting in 87,89,667 INR, given the estimated cost is 2,92,98,891 INR. However, for a specific tender, the bid capacity required is mentioned in terms of Earnest Money Deposit (EMD) as follows: - For UPSIDC Registered Contractors: Rs. 345,727/- - For Other Department Registered Contractors: Rs. 691,454/- But, the most detailed and directly relevant bid capacity requirements are the solvency, experience, and turnover criteria mentioned above.
Technical Capacity
... View More
The required prior work experience for the bidder includes having successfully completed works with specific entities during the last 07 years for similar nature of works. The bidder should have completed at least 03 jobs, each of similar nature, with a value of not less than 40% of the estimated cost of work, which is 13829076.00 INR. Alternatively, the bidder can have completed at least 02 jobs, each of similar nature, with a value of not less than 60% of the estimated cost of work, which is 20743615.00 INR. Or, the bidder can have completed at least 01 job of similar nature, with a value of not less than 80% of the estimated cost of work, which is 27658153.00 INR. For different cost ranges of work, the required experience and qualifications are as follows: - For work costing more than 1000 lac, a Project Manager with a degree in the corresponding discipline of Engineering and 10 years of experience is required. - For work costing between 500 to 1000 lac, a Graduate Engineer with 5 years of experience is required. - For work costing between 200 to 500 lac, a Graduate Engineer with 5 years of experience is required. - For work costing between 50 to 200 lac, a Graduate Engineer with 2 years of experience is required. - For work costing between 10 to 50 lac, a Graduate or Diploma Engineer with no specified experience is required. The required prior work experience for the bidder varies by position. For a Project Manager with a degree in the corresponding discipline of Engineering, the required experience is 10 years. For a Graduate Engineer, the required experience is 5 years. For a Graduate Engineer or Diploma Engineer, the required experience is 5 years or nil, depending on the designation. For a Principal Technical Representative, the required experience is 10 years for a Graduate Engineer and nil for a Diploma Engineer. The value and percentage of similar works completed are: 40% of the estimated cost of work (13829076.00 INR), 60% of the estimated cost of work (20743615.00 INR), and 80% of the estimated cost of work (27658153.00 INR).

Costs

  • EMD

    INR 6,91,454 (USD 7,999)

Description

Unlock the Tender details for free
Scription for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user this is tender description for unregistered user

Contact

Unlock the Tender details for free
Disclaimer: BidAssist has made every reasonable effort to ensure that the information is accurate and authentic however it cannot be held liable for any third-party claims or losses of any damages. BidAssist makes no warranty, expressed or implied, as to the results obtained from the use of the information. If you think you may have noticed any error or omission, please let us know by contacting contact@bidassist.com.