Sant Longowal Institute Of Engineering And Technology Tender
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Technical
Financial
Bid Capacity
The bid capacity required in the given tender includes a minimum average annual financial turnover of 300 Lakh (3 Crore) over the last three years. Additionally, there are experience criteria that require bidders to have completed similar services with costs relative to the estimated bid value, following specific conditions such as three similar services costing not less than 40% of the estimated cost, two similar services costing not less than 50%, or one similar service costing not less than 80%. However, since the query asks for "value and formulas," the most direct answer related to a specific financial threshold is the turnover requirement of 300 Lakh (3 Crore). The experience criteria are more about the type and scale of past projects rather than a straightforward "bid capacity" value or formula.
Technical Capacity
The required prior work experience for the bidder is 7 years, with a specific requirement of experience in providing similar services to any Central/State Govt Organization/PSU. The bidder must have successfully executed/completed similar services over the last three years. The required prior work experience can be fulfilled in three ways:
1. Three similar completed services costing not less than 40% of the estimated cost;
2. Two similar completed services costing not less than 50% of the estimated cost;
3. One similar completed service costing not less than 80% of the estimated cost.
Additionally, the bidder should have a minimum average annual turnover of 300 Lakh for the last 3 years.
Costs
EMD
₹ 10,05,000Document Cost
Refer DocumentsTender Fee
Refer Documents
Description
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Contact
Tender Id
GEM/2024/B/5763197Tender No
GEM/2024/B/5763197Tender Authority
Sant Longowal Institute Of Engineering And Technology ViewPurchaser Address
-Website
bidplus.gem.gov.in
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