Armoured Vehicles Nigam Limited Tender

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Armoured Vehicles Nigam Limited - AVNL Tender

Services
GEM
Opening Date1 Feb 2025
Closing Date11 Feb 2025
Tender Amount₹ 2,14,76,000 

AI Insights

Technical
Bid Capacity
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To extract the bid capacity required, we look at the financial and experiential requirements. The minimum average annual turnover is specified as 65 Lakhs. Additionally, there are specific cost criteria for past experience, including: - Three similar services: 3 * 0.4 * 21476000 = 25751200 - Two similar services: 2 * 0.5 * 21476000 = 21476000 - One similar service: 1 * 0.8 * 21476000 = 17180800 These represent the minimum total cost of similar services the bidder must have completed. However, the primary financial capacity requirement given is the minimum average annual turnover of 65 Lakhs. Therefore, the bid capacity required, focusing on values and formulas provided, is 65 Lakhs as the minimum average annual turnover requirement. Other requirements like experience are qualitative or quantitative without a specific formula provided for calculating bid capacity. The final answer is: 65 Lakhs
Technical Capacity
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The required prior work experience for the bidder includes having successfully executed or completed similar services over the last three years. The specific requirements are as follows: 1. Three similar completed services costing not less than 40% of the estimated cost, which is 40% of 21476000. 2. Two similar completed services costing not less than 50% of the estimated cost, which is 50% of 21476000. 3. One similar completed service costing not less than 80% of the estimated cost, which is 80% of 21476000. Calculating these values: - 40% of 21476000 is 8580400. - 50% of 21476000 is 10738000. - 80% of 21476000 is 17180800. Additionally, the bidder should have an experience of providing similar type of services, with a minimum average annual turnover of 65 Lakh for 3 years. The required prior work experience for the bidder is at least 1 year for the same or similar service.

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