Odisha Lift Irrigation Corporation Limited Tender
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Technical
Financial
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, to qualify for the award of the contract, each bidder or their JV partner should have a minimum working capital requirement (credit facility) of 20% of the amount put to tender, and the liquid assets and/or availability of credit facilities should be no less than Rs. 200.00 Lakhs.
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 = 0.4 x (estimated quantity of work) x 12 months/period of completion.
Technical Capacity
The required prior work experience for the bidder includes satisfactorily completing similar work of value not less than Rs. 400.00 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. 160.00 Lakhs for drilling of deep bore wells, and not less than Rs. 240.00 Lakhs for electrical works, which are 40% and 60% of the value mentioned for a single prime contractor, respectively. The bidder should have completed at least 80% of the original contract value of similar work. 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. The bidder should have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. For example, if the estimated quantity of work is 316 nos bore well, the minimum quantity required to qualify would be 0.4 x 316 x 12/6 = 253 Nos BW. The bidder is required to furnish work experience for the last 5 years, supported by a certificate from an authority not below the rank of Executive Engineer or any other competent authority.
Costs
EMD
₹ 9,99,000Document Cost
₹ 11,800Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_OLIC_110547_2Tender No
1174 DT-11.02.2025Tender Authority
Odisha Lift Irrigation Corporation Limited ViewPurchaser Address
-Website
http://www.odishalift.co.in/
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