Tourism And Cultural Affairs Department Tender
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Tourism And Cultural Affairs Department Tender
Services
Real Estate Service
Eprocure
Opening Date30 Dec 2024
Closing DateCancelled
Tender Amount₹ 2,70,00,000
AI Insights
AI Insights
Technical
Bid Capacity
The bid capacity required includes:
- Average Turnover of at least Rs. 81 Crore, calculated as Total Turnover for 3 years / 3 ≥ Rs. 81 Crore
- Net Worth OR Cash & Cash Equivalents of at least Rs. 6.8 Crore, calculated as 25% of the Estimated Project Cost, which is 0.25 * Rs 27 Crore = Rs 6.8 Crore
Additionally, for Category A, a room count of 91 rooms of 3-star category equivalent or above is required, and for Category B, a cumulative project cost of at least Rs. 81 Crore (3x the Estimated Project Cost of Rs 27 Cr for development) is required.
Technical Capacity
The bidder should have prior work experience in technical development, specifically in hospitality or real estate and infrastructure development. For hospitality developers, the required experience is development of hospitality projects with a cumulative room count of at least 273 rooms of 3-star category equivalent or above. For other real estate and infrastructure developers, the required experience is development of other real estate and infrastructure projects with a cumulative project cost of at least Rs. 81 Crore.
The bidder should also have Operations & Maintenance (O&M) experience in Hospitality Projects with a cumulative room count of at least 273 rooms of 3-star category equivalent or above. The bidder should have completed and operational projects, with at least 26% shareholding in each project at the time of completion.
The required experience should be demonstrated in the last 10 years preceding the Bid Due Date, with a minimum estimated project cost of Rs 81 Crore. The room count and project cost can be cumulated by a Consortium to meet the minimum eligibility threshold, considering only those members with at least 26% shareholding in the project at the time of completion.
The values mentioned include a cumulative room count of 273 rooms, a cumulative project cost of Rs. 81 Crore, and an estimated project cost of Rs 27 Cr for development. The percentage mentioned is 26% shareholding in each project at the time of completion.
Costs
EMD
₹ 14,00,000Document Cost
₹ 11,800Tender Fee
₹ 500
Description
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Contact
Tender Id
2024_TCADM_1131369_1Tender No
MTDC/LE/E-TEN/CHIKOPEN/3RDCALLTender Authority
Tourism And Cultural Affairs Department ViewPurchaser Address
-Website
mahatenders.gov.in
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