Odisha Industrial Infrastructure Development Corporation Tender

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Odisha Industrial Infrastructure Development Corporation - IDCO Tender

Works
Civil And Construction
Civil Works Others
Eprocure
Opening Date17 Jan 2025
Closing Date4 Feb 2025
Tender Amount₹ 3,52,65,150.05 
This is an estimated amount, exact amount may vary.

AI Insights

Technical
Financial
Class Of Bidder
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Super Class / Special Class / ‘A’ Class Contractors.
Bid Capacity
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Assessed Available Bid Capacity = (A*N*2-B), where A = Maximum value of works executed in any one year during the last five years (updated to the current price level), B = Value of current price level of the existing commitments and ongoing works to be completed during the next years, and N = Number of years prescribed for completion of the work for which the Bids are invited. This formula applies to works above a certain value threshold.
Technical Capacity
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The required prior work experience for the bidder includes having completed works similar to the work now tendered, specifically "Construction of Civil Work such as Building Works/ SFRC Compound Wall" in all respects under one Agreement/ Contract. The bidder should furnish certificates on the completed works, duly signed by the concerned Officer not below the rank of Executive Engineer or Divisional Head or Equivalent, indicating the components of the work executed to satisfy that the work completed is similar to the work now tendered. The bidder should provide a list of projects under execution or executed that are similar in nature to the work. The assessed available bid capacity will be calculated based on the maximum value of works executed in any one year during the last five years, updated to the current price level, with a rate of inflation of 10% per year. The total value of Civil Engineering construction work performed in the last five years should be furnished, with a certificate from a Chartered Accountant. However, specific values or percentages of similar works completed are not mentioned, except that the bidder needs to obtain at least 80% marks in the evaluation of Tools & Plants and machineries. The bidder is required to provide information on the value of work actually executed during the last 5 financial years. The bidder needs to provide details of similar projects executed, including the name of the employer, location, contract price, major items of work, and stipulated date of commencement and completion. No specific percentage of similar works completed is mentioned, but the bidder is required to have prior work experience of similar nature. The value of similar works completed is to be provided by the bidder, but no specific amount is mentioned in the given information. In terms of value and percentage of similar works completed, the information is not explicitly provided, but the bidder's experience in executing similar nature of projects is required. The bidder should have experience in handling contracts and completing works, but the exact requirements for prior work experience in terms of value and percentage of similar works completed are not clearly stated.

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