Odisha Lift Irrigation Corporation Limited Tender
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Odisha Lift Irrigation Corporation Limited - OLICL Tender
Works
Civil And Construction
Excavation
Electrical and Electronics
Electrical Works
Eprocure
Opening Date28 Jan 2025
Closing Date24 Feb 2025
Tender Amount₹ 12,77,19,000
AI Insights
AI Insights
Technical
Bid Capacity
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, Qualifying quantity = 0.4 x (estimated quantity of work) x 12 / period of completion
Working capital requirement = 20% of the amount put to tender
= 0.2 x amount put to tender
Minimum liquid asset and/or availability of credit facilities of no less than Rs. 255.00 Lakhs.
Weightage = 10% per year to bring the cost of satisfactory completed works of previous years to the current price level.
Technical Capacity
The required prior work experience for the bidder includes satisfactorily completing similar work of value not less than Rs. 511.00 Lakhs, which is 40% of the proposed contract value. In case of a joint venture, the bidder or their identified sub-contractor should have completed similar work of value not less than Rs. 204.00 Lakhs, which is 40% of the value mentioned above, and should also possess a valid electrical license and have executed similar electrical works of value not less than Rs. 307.00 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. Additionally, 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. The bidder should have completed similar works in the last 5 years, with a weightage of 10% per year given on the cost of satisfactory completed works of previous years to bring them to the current price level.
Costs
EMD
₹ 12,77,000Document Cost
₹ 11,800Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_OLIC_109833_5Tender No
782 DT-24.01.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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