State Industries Promotion Corporation Of Tamil Nadu Limited Tender

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State Industries Promotion Corporation Of Tamil Nadu Limited - SIPCOT Tender

Works
Civil And Construction
Road Construction
Drainage Work
Eprocure
Opening Date6 May 2025
Closing Date5 Jun 2025
Tender Amount₹ 56,32,10,000 

AI Insights

Technical
Financial
Additional Eligibility
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid Capacity: A X N X 2 – B ≥ Rs.5632.10 Lakhs Where ‘A’ is the Maximum annual turnover in any one year of the immediate past “FIVE” years, ‘N’ is the Number of years prescribed for completion of the work for which Tenders are called for (11 Months), and ‘B’ is the Value of existing commitments and ongoing works to be Completed during the Contract period of the work for which Tenders are called for.
Technical Capacity
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The required prior work experience for the bidder includes experience in work of similar nature and magnitude in the last five years, specifically completion of roads, including laying of water supply pipeline, with a cost exceeding Rs.2816.05 Lakhs under a single agreement. The value of these agreements should not be less than 50% of the value of this work, i.e., not less than Rs.2816.05 Lakhs. The bidder should have satisfactorily completed two similar works in the preceding five years from the date of tender. The details of similar work completed should include project name, location, employer's name, agreement number, total project value, completion period, commencement date, and physical progress. However, specific percentages of similar works completed are not mentioned. The bidder's annual turnover should not be less than Rs.8448.15 Lakhs in any one of the immediately preceding five years, and they should have been in the Civil Engineering Construction field for at least the preceding five years. The value of similar works completed should exceed Rs.2816.05 Lakhs, with no specific percentage mentioned. The bidder should provide certificates issued by the organizations/undertakings in respect of such works, and information on ongoing works, including total contract value, completed work value, and work to be completed. The bid capacity should be worked out as per given criteria, with a minimum bid capacity equivalent to the value of this project, i.e., Rs.5632.10 Lakhs. The Liquid Assets or Cash Credit Facilities or Overdraft Facilities available with the bidder should be at least Rs.768.02 Lakhs.

Costs

Summary

Formation Of Internal Roads Including Footpath, Storm Water Drain, Service Duct And Culverts

Description

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