Hindu Religious Institutions And Charitable Endowments Tender

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The HRICE has issued a formal invitation for competitive bids for the Hindu Religious Institutions And Charitable Endowments project, for Construction Of 100 Nos Senior Citizen Residence At Palani Nagar Belongs To Arulmigu Dhandayuthapani Swamy Temple Palani, Dindigul District in Dindigul, Tamil Nadu, with an estimated contract value of Rs. 8,12,88,000. The bid opening date for this tender is 07-02-2025 and the last date for bid submission is 25-03-2025. Interested bidders for Hindu Religious Institutions And Charitable Endowments tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

Hindu Religious Institutions And Charitable Endowments - HRICE Tender

Works
Civil And Construction
Building Construction
Eprocure
Opening Date7 Feb 2025
Closing Date25 Mar 2025
Tender Amount₹ 8,12,88,000 

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Technical
Financial
Bid Capacity
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The bid capacity required has a monetary limit between Rs.5 crore (Rs.500 lakhs) to Rs.10 crores (Rs.1000 lakhs), with specific requirements for past experience (at least one project of Rs.406.44 lakhs) and annual turnover (at least Rs.1219.32 lakhs). No specific formula is provided for calculating the bid capacity.
Technical Capacity
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The bidder should have at least 5 years of experience in the civil engineering construction field. They should have completed similar building works costing more than Rs. 542.50 lakhs under a single agreement in any one year of the preceding 5 years. Additionally, the bidder should have satisfactorily completed at least one "Building" work of similar nature with a value not less than Rs.406.44 lakhs under a single agreement in the preceding five years. The bidder should also have a minimum issued and called-up Share capital plus capital reserves equal to at least 20% of the value of work, which is Rs.162.58 lakhs. No specific percentage of similar works completed is mentioned. However, the bidder needs to provide a list of major building works and other civil engineering construction works completed in the past five years with full details. The values mentioned are: - Rs.406.44 lakhs for similar building work - Rs.542.50 lakhs for similar building works in any one year - Rs.162.58 lakhs for minimum capital reserves (20% of the work value) - Rs.1219.32 lakhs for annual turnover - Rs.5 crore to Rs.10 crores for monetary limit as a Registered contractor. The percentage mentioned is 20% of the work value for minimum capital reserves.

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