Odisha Lift Irrigation Corporation Limited Tender
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Odisha Lift Irrigation Corporation Limited - OLICL Tender
Works
Civil And Construction
Electronics Equipment
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
Financial
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.
Technical Capacity
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. 511.00 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. 204.00 Lakhs, which is 40% of the value mentioned above, and also 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. 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.
Additionally, 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. The bidder should also have a minimum working capital requirement of 20% of the amount put to tender, which is Rs. 255.00 Lakhs.
Costs
EMD
₹ 12,77,000Document Cost
₹ 11,800Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_OLIC_109833_4Tender No
782 DT-24.01.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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