Employees State Insurance Corporation Tender
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Technical
Bid Capacity
The bid capacity required in the given tender to bid can be represented by two different formulas:
1. Annual Turnover:
Required Annual Turnover = 0.3 * Estimated Cost
= 0.3 * 3,89,94,447
= 1,16,98,334
The Construction Agency should have an average annual financial turnover of at least Rs. 1,16,98,334 during the last 3 consecutive financial years.
2. Centage Charges:
Centage Charges = (Centage Charges percentage * Estimated Cost) / 100
For example, if a bidder quotes 5% Centage Charges, then the calculation would be:
Centage Charges = (5 * 3,89,94,447) / 100
Centage Charges = 19,49,722.35
Note: The exact Centage Charges percentage is to be quoted by the bidder.
Technical Capacity
The required prior work experience for the bidder is defined as "similar works" which includes Annual Repairs and Maintenance of Hospital/Office buildings with or without residential staff quarters, and Extension/Renovation of existing Hospital/office buildings with or without residential staff quarters. The value of these works should be brought to the current costing level by enhancing the actual value of work at a simple enhancement rate of 7% per annum. However, specific values and percentages of similar works completed are not mentioned, except that the average annual financial turnover of the Construction Agency should not be less than 30% of the estimated cost, which is Rs.3,89,94,447.
Costs
EMD
0Document Cost
Refer DocumentsTender Fee
Refer Documents
Summary
37/ W/armoworks/baroda/pmd/2025- 26
Description
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Contact
Tender Id
2025_ESIC_845195_2Tender No
37/ W/ ARMOWorks/ Baroda / PMD/ 2025- 26Tender Authority
Employees State Insurance Corporation ViewPurchaser Address
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