Odisha Lift Irrigation Corporation Limited Tender

The required prior work experience for the bidder includes satisfactorily completing similar work, which is a composite work of drilling, energisation, 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. 516.00 Lakhs, which is 40% of the proposed contract value. In the case of a joint venture, the bidder or their identified sub-contractor (JV partner) should have completed similar work with a value of not less than Rs. 206.00 Lakhs, which is 40% of the value mentioned above. Additionally, the bidder or their identified sub-contractor (JV partner) should possess a valid electrical license and have executed similar electrical works with a value of not less than Rs. 310.00 Lakhs, which is 60% of the value mentioned above. The bidder should have completed at least 80% of the original contract value of similar work. A weightage of 10% per year shall be given on the cost of satisfactory completed works of previous years to bring them to the current price level. 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. For example, if the estimated quantity of work is 400 nos bore well and the period of completion is 6 months, the minimum quantity required to qualify would be 0.4 x 400 x 12/6 = 320 Nos BW. The bidder should also have a minimum working capital requirement of 20% of the amount put to tender, with a minimum of Rs. 258.00 Lakhs.