Odisha Lift Irrigation Corporation Limited Tender
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Technical
Bid Capacity
To determine the bid capacity required in the given tender, we can use the provided formulas.
The first formula is:
Assessed bid capacity = (2x A x N - B)
Where:
A = maximum value of work executed in any one financial year during last five years (updated to the current price level)
B = value at current price level of the existing commitments and ongoing works to be completed during the period of completion of works for which bids are invited
N = No. of years prescribed for completion of the work for which the bids are invited.
Given N is 0.5 years, the formula becomes:
Assessed bid capacity = (2x A x 0.5 - B)
Assessed bid capacity = (A - B)
The values of A and B are not provided, so the exact bid capacity cannot be calculated using this formula.
The second formula is for the qualifying quantity:
Qualifying quantity = 0.4 x (estimated quantity of work) x 12 / period of completion
Given the period of completion is 6 months, the formula becomes:
Qualifying quantity = 0.4 x (estimated quantity of work) x 12 / 6
Qualifying quantity = 0.4 x (estimated quantity of work) x 2
Qualifying quantity = 0.8 x (estimated quantity of work)
For example, if the estimated quantity of work is 500 nos bore well, then the minimum quantity required to qualify would be:
0.8 x 500 = 400 Nos BW to qualify.
Another requirement is that the bidder should have a minimum working capital requirement (Credit facility) of not less than twenty percentage (20%) of the amount put to tender. The liquid assets and/or availability of credit facilities of no less than Rs. 316.00 Lakhs.
Since the exact values of A, B, and the amount put to tender are not provided, the exact bid capacity cannot be calculated.
However, one specific value for bid capacity is provided as liquid assets and/or availability of credit facilities of no less than Rs. 316.00 Lakhs.
Also, the qualifying quantity can be calculated if the estimated quantity of work is known.
For example, if the estimated quantity of work is 500 nos bore well, then the minimum quantity required to qualify would be 400 Nos BW to qualify.
Therefore, the bid capacity required in terms of liquid assets is Rs. 316.00 Lakhs and in terms of qualifying quantity is 0.8 x (estimated quantity of work).
For the exact estimated quantity of work of 500 nos bore well, the bid capacity required is 400 nos bore well.
Technical Capacity
The required prior work experience for the bidder includes satisfactorily completing similar work, which is a composite work of drilling, energization, and commissioning.
In the case of a single prime contractor, the bidder should have completed at least one similar work of value not less than Rs. 632.00 Lakhs, which is 40% of the proposed contract value at the financial year 2024-25 price level in the last five years prior to the 2024-25 tender and including the current financial year.
In the case of a joint venture, the bidder or their identified sub-contractor (JV partner) should have satisfactorily completed similar work, such as drilling of deep bore wells for irrigation or rural water supply in a government program, as a prime contractor of at least one similar work of value not less than Rs. 253.00 Lakhs, which is 40% of the value mentioned above, at the financial year 2024-25 price level in the last five years prior to the 2024-25 tender and including the current financial year.
Additionally, the bidder or their identified sub-contractor (JV partner) should possess a required valid electrical license and should have executed similar electrical works towards the erection of HT and LT distribution systems and distribution sub-stations for rural electrification or irrigation project electrification in a government program as a prime contractor of at least one similar work of value not less than Rs. 379.00 Lakhs, which is 60% of the value mentioned above, at the financial year 2024-25 price level in the last five years prior to the 2024-25 tender and including the current financial year.
The bidder should have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. The qualifying quantity can be calculated as 0.4 x (estimated quantity of work) x 12 months/period of completion.
A weightage of 10% per year shall be given on the cost of satisfactorily completed works of previous years to bring them to the current price level.
The bidder should furnish a certificate from an authority not below the rank of Executive Engineer or any other competent authority to support their work experience for the last 5 years.
The bidder needs to provide documents for similar work experience and completion of similar major item of work.
The values mentioned are:
- Rs. 632.00 Lakhs (40% of the proposed contract value for a single prime contractor)
- Rs. 253.00 Lakhs (40% of the value mentioned above for a joint venture)
- Rs. 379.00 Lakhs (60% of the value mentioned above for electrical works in a joint venture)
- 40% of the estimated annual quantity of execution for similar major items of work.
Costs
EMD
₹ 15,81,000Document Cost
₹ 11,800Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_OLIC_109779_4Tender No
744 DT-22.01.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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