IREL India Limited Tender
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Financial
Bid Capacity
Bid Capacity = (4 * Average Annual Turnover) - Annualized Estimated Value of the Work
Where Average Annual Turnover = Total Turnover for the last 3 years / 3
And Annualized Estimated Value of the Work = Estimated Bid Value.
The bid capacity required in the given tender to bid having value is 755280.
The bid capacity required in the given tender includes:
1. Minimum Average Annual Turnover of the bidder: 114 Lakh (for 3 years)
2. Years of Past Experience Required for same/similar service: At least 7 years
3. Financial Document Indicating Price Breakup: Required
4. EMD (Earnest Money Deposit) Amount: 765380
5. ePBG (Electronic Performance Bank Guarantee) Percentage: 5.00%
6. Duration of ePBG required: 12 months
Also, the condition for bid capacity is:
Annualized concurrent commitments + Annualized estimated value of the work ≤ 4 * Average annual turnover of preceding 3 years.
Technical Capacity
The required prior work experience for the bidder is 7 years for the same or similar service. The bidder must have experience of providing similar type of services to any Central / State Govt Organization / PSU for 7 years. The past experience of similar services required is yes.
The bidder must have successfully executed/completed similar services over the last three years, with specific requirements including:
1. Three similar completed services costing not less than 40% of the estimated cost;
2. Two similar completed services costing not less than 50% of the estimated cost;
3. One similar completed service costing not less than 80% of the estimated cost.
In terms of values, the similar completed service contracts should be costing not less than:
a) Rs.1,80,62,960 (40 % of the estimated value including GST) for three contracts,
b) Rs.2,25,78,704 (50 % of estimated value including GST) for two contracts,
c) Rs.3,61,25,926 (80 % of the estimated value including GST) for one contract.
The bidder must have a minimum average annual turnover of 114 Lakh for 3 years.
Costs
EMD
₹ 7,65,380Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
GEM/2025/B/6014273Tender No
GEM/2025/B/6014273Tender Authority
IREL India Limited ViewPurchaser Address
-Website
bidplus.gem.gov.in
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Documents
list-of-categories-where-trials-are-allowed_1712126171.pdf
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