West Bengal State Electricity Distribution Company Limited Tender

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West Bengal State Electricity Distribution Company Limited - WBSEDCL Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date5 Feb 2025
Closing Date7 Mar 2025
Tender AmountINR 3,94,02,413 (USD 4,54,058)
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AI Insights

Bid Capacity
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To determine the bid capacity required, specific criteria and formulas are considered. The bid capacity can be calculated based on the cost of similar completed works. For two similar completed works, the calculation is 2 * 0.5 * Estimated Cost, and for one similar completed work, it is 1 * 0.8 * Estimated Cost. Additionally, the bidder's financial capabilities are evaluated based on the following formulas: - Minimum Average Annual Turnover (MAAT) = Total turnover for last 3 years / 3, which should not be less than 30% of the estimated cost per year. - Working capital = Available credit facility + Working capital, which should not be less than 30% of the estimated cost. - Net Worth = Paid-up capital + Free reserves + Surplus - Accumulated losses - Intangible assets, which should be equal to or more than the estimated cost. The value of similar types of work completed in the last 7 years is also considered, with specific percentages of the estimated cost required for different types of works, such as 40% for Civil works and 30% for Electrical works. Therefore, the bid capacity required includes both the experience and financial capabilities of the bidder, with specific formulas and values provided for calculation.
Technical Capacity
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The required prior work experience for the bidder includes: - Two similar completed works each costing not less than 50% of the estimated cost, or - One similar completed work costing not less than 80% of the estimated cost. Alternatively, the criteria for completed similar works are also mentioned as: - At least two completed works each costing not less than 40% of the estimated cost. - At least one completed work costing not less than 50% of the estimated cost. - At least one completed work costing not less than 80% of the estimated cost. Additionally, other criteria mentioned include: - Three similar completed works (no specific amount mentioned) - Or, two similar completed works (no specific amount mentioned) - Or, one similar completed work (no specific amount mentioned) The bidder's Minimum Average Annual Turnover (MAAT) for the last 3 financial years should not be less than 30% of the estimated cost per year, and the working capital of the bidder in the preceding year of bid submission should not be less than 30% of the estimated cost. It is also stated that only performance as a prime contractor for similar nature of work for the last seven years will be considered, but no specific value or percentage of similar works completed is mentioned in this case.

Costs

  • EMD

    INR 7,88,048 (USD 9,081)

Description

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