Odisha Lift Irrigation Corporation Limited Tender
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Bid Capacity
The bid capacity required in the given tender can be calculated using the formula:
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.
Additionally, the firm must possess credit facilities of not less than twenty percentage (20%) of the amount put to tender and liquid assets and/or availability of credit facilities of no less than Rs. 186.00 Lakhs.
The working capital will be proposed to be met out of bank credit and an irrevocable affidavit in stamp paper to provide balance working capital.
The qualifying quantity for satisfactory completion of similar major items of work is:
Qualifying quantity = 0.4 x (estimated quantity of work) x 12 month/ period of completion.
Example (minimum quantity required) : 0.4 x 300 nos bore well x 12 / 6 = 240 Nos BW to qualify.
Technical Capacity
The required prior work experience for the bidder includes satisfactory completion of similar work in the last five years, from 2019-20 to 2023-24. For a single prime contractor, the bidder should have completed similar work with a value of at least Rs. 372.00 Lakhs, which is 40% of the proposed contract value at the 2024-25 price level, and the work should be not less than 80% of the original contract value.
In the case of a joint venture, the bidder or its identified sub-contractor should have completed similar work of drilling of deep bore wells for irrigation/Rural water supply in Government programmes with a value of at least Rs. 149.00 Lakhs, which is 40% of the value mentioned for a single prime contractor, and possessed a valid electrical license and executed similar electrical works towards erection of HT and LT distribution systems and distribution sub-stations for rural electrification/Irrigation project electrification in Government programmes with a value of at least Rs. 223.00 Lakhs, which is 60% of the value mentioned for a single prime contractor.
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 is given on the cost of satisfactory completed works of previous years to bring them to the current price level. Failure to submit proof in support will result in non-consideration of the tender.
The bidder should also have a minimum working capital requirement of 20% of the amount put to tender, with a minimum of Rs. 186.00 Lakhs.
The bidder is required to have experience in similar major items of work, and they must furnish evidence of ownership of rigs and ancillaries for the work they are bidding on. They must provide documents showing their experience in completion of similar major items of work as specified in the Detailed Tender Call Notice (DTCN).
To qualify for a package, the bidder must demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages.
Mentioned values and percentages include:
- Rs. 372.00 Lakhs (40% of the proposed contract value)
- Rs. 149.00 Lakhs (40% of the value mentioned for a single prime contractor)
- Rs. 223.00 Lakhs (60% of the value mentioned for a single prime contractor)
- 80% of the original contract value
- 40% of the estimated annual quantity of execution
- 10% per year weightage on the cost of satisfactory completed works
- 20% of the amount put to tender (minimum working capital requirement)
- Rs. 186.00 Lakhs (minimum working capital requirement)
Costs
EMD
₹ 9,30,000Document Cost
₹ 11,800Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_OLIC_110679_4Tender No
1329 DT-14.02.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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