Inland Waterways Authority Of India Tender

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The IWAI has issued a formal invitation for competitive bids for the Inland Waterways Authority Of India project, for Installation Of Navigation Buoys In River Jhelum (nw-49) in Budgam, Jammu & Kashmir, with an estimated contract value of Rs. 2,97,00,000. The bid opening date for this tender is 17-05-2025 and the last date for bid submission is 14-06-2025. Interested bidders for Inland Waterways Authority Of India tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

Inland Waterways Authority Of India - IWAI Tender

Works
Civil And Construction
Eprocure
Opening Date17 May 2025
Closing Soon14 Jun 2025
Tender Amount₹ 2,97,00,000 

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Technical
Additional Eligibility
Bid Capacity
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The formula for bid capacity is: Bid Capacity = [(A*N*2)-B], where A = Maximum value of works executed in any one year during the last five years, B = Value at current price level of the existing commitments and ongoing works to be completed during the period of completion of work for which the bids have been invited, and N = No. of years prescribed for completion of works for which bids are invited.
Technical Capacity
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The bidder should have prior work experience in "Similar Works" which is defined as Fabrication/OEM reseller of steel/PE/FRP Buoys having IALA membership for at least 5 years. The bidder should have completed similar works in the last seven years. The similar works criteria are as follows: - 3 similar works each costing not less than 40% of the estimated cost of this work, which is INR 1.19 crore. - 2 similar works each costing not less than 50% of the estimated cost of this work, which is INR 1.49 crore, - 1 similar work costing not less than 80% of the estimated cost of this work, which is INR 2.38 crore. The percentage of similar works completed is defined as substantially completed works, which are those that are 75% complete in terms of Terms of Reference (ToR) and contract value. At least INR 0.89 crore is the required average annual turnover for the last 3 financial years. The bidder should have completed contracts with a value equal to or more than the minimum value required.

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Summary

Installation Of Navigation Buoys In River Jhelum (nw-49)

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