Heavy Engineering Corporation Limited Tender
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Financial
Bid Capacity
To determine the bid capacity required, we look at the financial requirements and qualifications specified for bidders.
1. Past Experience of Similar Services: The bidder must have successfully executed/completed similar services over the last three years, with specific requirements based on the estimated cost of the services. The requirements are:
- Three similar completed services costing not less than 40% of the estimated cost, which is 0.4 * 24906708.16 = 9962683.264.
- Two similar completed services costing not less than 50% of the estimated cost, which is 0.5 * 24906708.16 = 12455354.08.
- One similar completed service costing not less than 80% of the estimated cost, which is 0.8 * 24906708.16 = 19925366.528.
2. Additional Qualification/Data Required: The bidder should have executed at least a specified number of projects with a contract value not less than a certain amount for each contract of providing manpower services. The specifics are:
- Three similar contracts of value each 99.62 Lakhs.
- Two similar contracts of value each 124.53 Lakhs.
- One similar contract of value each 199.25 Lakhs.
3. Minimum Average Annual Turnover: The minimum average annual turnover of the bidder for 3 years is 75 Lakh.
Formula: Average turnover = Total turnover for 3 years / 3.
Given these requirements, the bid capacity can be inferred as the ability to fulfill these financial and experiential criteria.
The bid capacity required in the given tender includes:
1. Minimum Average Annual Turnover: 75 Lakh (for 3 years)
Formula: Average turnover = Total turnover for 3 years / 3
2. Past Experience:
- Three similar services with a total value of at least 9962683.264
- Two similar services with a total value of at least 12455354.08
- One similar service with a total value of at least 19925366.528
Since there are specific values and formulas provided that relate to the bid capacity,
The answer is:
1. Three similar completed services: 0.4 * 24906708.16 = 9962683.264
2. Two similar completed services: 0.5 * 24906708.16 = 12455354.08
3. One similar completed service: 0.8 * 24906708.16 = 19925366.528
4. Minimum Average Annual Turnover: 75 Lakh, Formula: Average turnover = Total turnover for 3 years / 3.
Technical Capacity
The required prior work experience for the bidder is 7 years for similar services, with a minimum average annual turnover of 75 lakhs for 3 years. The bidder must have successfully executed/completed similar services over the last three years, with specific requirements including:
- Three similar completed services costing not less than 40% of the estimated cost,
- Two similar completed services costing not less than 50% of the estimated cost,
- One similar completed service costing not less than 80% of the estimated cost.
Additionally, the bidder should have executed at least a certain number of projects with contract values as follows:
- Three similar contracts of value each 99.62 Lakhs,
- Two similar contracts of value each 124.53 Lakhs,
- One similar contract of value each 199.25 Lakhs.
The experience requirement for the personnel involved in the service is 0 to 3 Years.
Costs
EMD
₹ 3,00,000Document Cost
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Description
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Contact
Tender Id
GEM/2025/B/5972891Tender No
GEM/2025/B/5972891Tender Authority
Heavy Engineering Corporation Limited ViewPurchaser Address
-Website
bidplus.gem.gov.in
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