NBCC India Limited Tender

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NBCC India Limited - NBCC Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date17 Apr 2025
Closing Date24 Apr 2025
Tender Amount₹ 3,32,27,537 

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity, also known as Average Annual Audited Financial Turnover, can be described as: Average annual Audited financial turnover (after enhancement) for last 3 years shall be at least 40% of the estimated cost put to tender. To calculate this, the actual turnover figures are enhanced at a simple rate of 7% per annum. For the last 3 years, the enhancement is as follows: - The most recent year's figures are not enhanced. - The previous year's figures are enhanced by 7%. - The year before that is enhanced by 14% (7% for each of the 2 years). However, a specific mathematical formula is not provided.
Technical Capacity
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The required prior work experience for the bidder is as follows: - Three similar works each costing not less than 40% of the estimated cost put to tender, - Two similar works each costing not less than 50% of the estimated cost put to tender, - One similar work costing not less than 80% of the estimated cost put to tender. The value and percentage of similar works completed are not explicitly mentioned in terms of a specific percentage of completion. However, the estimated cost put to tender is used as a reference point for the costs of similar works. Additionally, the Average annual Audited financial turnover for the last 3 years shall be at least 40% of the estimated cost put to tender. In case of projects having ECPT (Estimated cost put to tender) above Rs. 1000 Cr., the minimum eligibility criteria for similar work experience is defined by considering ECPT as Rs. 1000 Cr. The bidder should have experience of having successfully completed similar works during the last 07 years ending initial stipulated last date of submission of tenders, with the similar works definition being "Construction of Boundary wall."

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