Uttarakhand Power Corporation Limited Tender

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Uttarakhand Power Corporation Limited - UPCL Tender

Works
Eprocure
Opening Date4 Mar 2025
Closing Soon10 Mar 2025
Tender AmountINR 2,23,04,573 (USD 2,55,317)
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Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is as follows: - Up to 5% below the Estimated Cost: No Additional Performance Security - From 5% below to 15% below the estimated cost: An Additional Performance Security of 0.5% of the estimated cost for every 1% below the estimated cost - For more than 15% below the estimated cost: An Additional performance Security equal to percentage rates below the estimated cost quoted by contractor himself. Additionally, if the percentage below is not a whole number, any percentage above 0.5% shall be rounded off to the next higher whole number and any percentage below 0.5% shall be rounded off to the immediate lower whole number. However, the direct bid capacity required in terms of a specific value or formula that dictates the minimum or exact capacity a bidder must have to participate is not explicitly stated beyond the requirements for similar work experience and the calculations for additional performance security. But since the query asks for bid capacity having value and formulas and the above information provides a formula, the answer is the formula itself.
Technical Capacity
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The required prior work experience for the bidder includes satisfactorily completing similar works during the last three years ending on March 31, 2024. The specific requirements are as follows: - One similar work in each single financial year costing not less than 80% of the estimated cost, which is 80% of Rs. 223.05 lacs. - Two similar works in each single financial year costing not less than 60% of the estimated cost, which is 60% of Rs. 223.05 lacs. - Three similar works in each single financial year costing not less than 40% of the estimated cost, which is 40% of Rs. 223.05 lacs. The bidder should have executed similar nature of work at hilly areas of Uttarakhand. Additionally, the contractor should have a certificate of satisfactory performance issued from an authority not below the rank of Executive Engineer, duly certified by Class I Gazetted Officers. The estimated cost of the current work is Rs. 223.05 lacs. To calculate the exact values: - 80% of Rs. 223.05 lacs is Rs. 178.44 lacs - 60% of Rs. 223.05 lacs is Rs. 133.83 lacs - 40% of Rs. 223.05 lacs is Rs. 89.22 lacs These percentages and values are mentioned as requirements for the bidder's prior work experience.

Costs

  • EMD

    INR 4,47,000 (USD 5,117)

Description

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