Odisha Lift Irrigation Corporation Limited Tender

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Search from a pool of business opportunities related to Odisha tenders on the online platform of BidAssist. Be it an Odisha PWD tender or a civil aviation tender, one can find every tender Odisha government, as well as PSUs and other organizations, post online. Every tender, active or achieved, is sourced from the eProcurement Odisha website and thus carries full credibility.

Odisha Lift Irrigation Corporation Limited - OLICL Tender

Works
Civil And Construction
Energy, Oil and Gas
Excavation
Water Storage And Supply
Eprocure
Opening Date11 Mar 2025
Closing Date2 Apr 2025
Tender Amount₹ 3,19,51,000 

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Technical
Additional Eligibility
Class Of Bidder
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'B'/ 'A'/ 'Special' Class registered with the State Govt. of Odisha or Contractors of equivalent grade/class registered with other state Govt./Central Govt./ M.E.S./ Railways or other Govt. undertakings.
Bid Capacity
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The bid capacity required in the given tender to bid is calculated using the following 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. Additionally, the minimum working capital requirement is 20% of the amount put to tender, and the minimum liquid assets and/or credit facilities required are Rs. 64.00 Lakhs. The qualifying quantity can be calculated using the formula: Qualifying quantity = 0.4 x (estimated quantity of work) x 12 / period of completion For example, if the estimated quantity of work is 230 nos. bore well and the period of completion is 3 months, the minimum quantity required to qualify would be: 0.4 x 230 nos. bore well x 12 / 3 = 368 Nos BW to qualify.
Technical Capacity
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The required prior work experience for the bidder includes experience in similar works and similar major items of works. The bidder should have executed a minimum quantity of similar major items of work, which is 40% of the estimated annual quantity of execution. This minimum quantity is calculated as 0.4 x (estimated quantity of work) x 12 months/period of completion. For instance, if the estimated quantity of work is 230 nos. bore well and the period of completion is 3 months, the minimum quantity required would be 368 nos. bore well. The bidder should also have a minimum of 5 years of work experience, with the 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. 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 is required to have prior work experience in similar works, as indicated in SCHEDULE-A, and experience in similar major item of works, as indicated in SCHEDULE-B(B). However, specific values like amount are not mentioned. The bidder's experience in similar works is one of the criteria for technical evaluation. The criteria for technical evaluation include experience in similar works and experience in similar major items of works, but the actual values or percentages, other than the 40% and 10% weightage, are not specified. The bidder should provide information on similar work experience in SCHEDULE - A and documents on bid capacity as per the Detailed Tender Call Notice (DTCN).

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