Odisha Lift Irrigation Corporation Limited Tender

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Odisha Lift Irrigation Corporation Limited - OLICL Tender

Works
Civil And Construction
Energy, Oil and Gas
Electronics Equipment
Excavation
Electrical and Electronics
Electrical Works
Eprocure
Opening Date28 Jan 2025
Closing Date24 Feb 2025
Tender Amount₹ 12,60,80,000 

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Bid Capacity
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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.
Technical Capacity
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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. 504.00 Lakhs, which is 40% of the proposed contract value. In the case of a joint venture, the bidder or their identified sub-contractor should have satisfactorily completed similar work of value not less than Rs. 202.00 Lakhs, which is 40% of the value mentioned above. Additionally, the bidder or their identified sub-contractor should possess a required valid electrical license and should have executed similar electrical works of value not less than Rs. 303.00 Lakhs, which is 60% of the value mentioned above. The bidder should have experience in similar works, and the value of such works should be provided. The bidder should have a maximum value of work executed in any one financial year during the last five years. 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 bidder's work experience for the last 5 years should be supported by a certificate from an authority not below the rank of Executive Engineer or any other competent authority. 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 also have a minimum working capital requirement of 20% of the amount put to tender, which is Rs. 252.00 Lakhs. The required prior work experience includes completion of similar major items of work as specified, and the bidder should have completed similar work with details to be furnished. The bidder must demonstrate having experience and resources sufficient to meet the aggregate of the qualifying criteria for the individual packages, and should have sound working record of completion of the works in time. Mentioned values and percentages include: - Rs. 504.00 Lakhs (40% of the proposed contract value) - Rs. 202.00 Lakhs (40% of the value mentioned above) - Rs. 303.00 Lakhs (60% of the value mentioned above) - 40% of the estimated annual quantity of execution - 10% per year weightage on the cost of satisfactorily completed works - 20% of the amount put to tender (Rs. 252.00 Lakhs) as minimum working capital requirement.

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