Orissa Construction Corporation Limited Tender

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Orissa Construction Corporation Limited - OCCL Tender

Works
Civil And Construction
Irrigation Work
Eprocure
Opening Date29 May 2025
Closing Date26 Jun 2025
Tender Amount₹ 7,86,00,000 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
Bid Capacity
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The formula for bid capacity can be expressed in two different ways. One way is: Maximum Bid capacity = 1.5 x Maximum Annual turnover. Another way to express it is: Bid Capacity = Average Annual Financial Turnover = 50% of Estimated Cost of Work. However, a more specific formula related to balance bid capacity is also given as: Balance Bid Capacity = Max bid Capacity – 2 x Estimated cost of Work.
Technical Capacity
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The required prior work experience for the bidder is that they should have substantially completed 90% of the value of works of similar nature in the last five years. The similar works can be in the form of three completed works, each with a value of not less than 20% of the estimated cost put to tender (Rs. 157.16 Lakh), or two completed works, each with a value of not less than 25% of the estimated cost put to tender (Rs. 196.44 Lakh), or one completed work with a value of not less than 40% of the estimated cost put to tender (Rs. 314.31 Lakh). The agreement should have been executed from the financial year 2020-21 onwards to be considered for similar nature of works. Additionally, the bidder should have a minimum amount of liquid assets and/or credit facilities, which is Rs. 157.16 Lakh (not less than 20% of the estimated cost put to tender).

Costs

Summary

E-procurementnotice No.- 10/occl/2025-26(on-line)

Description

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