State Industries Promotion Corporation Of Tamil Nadu Limited Tender

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The SIPCOT has issued a formal invitation for competitive bids for the State Industries Promotion Corporation Of Tamil Nadu Limited project, for Formation Of Service Road From Ch 59/550 To 60/416 Of Nh 44 (hosur Krishnagiri Road Section For The Access To The Sipcot Industrial Park, Shoolagiri in Krishnagiri, Tamil Nadu, with an estimated contract value of Rs. 3,72,50,000. The bid opening date for this tender is 30-05-2025 and the last date for bid submission is 16-06-2025. Interested bidders for State Industries Promotion Corporation Of Tamil Nadu Limited tender can download the important documents here to check the scope of work, eligibility criteria and technical requirements.

State Industries Promotion Corporation Of Tamil Nadu Limited - SIPCOT Tender

Works
Civil And Construction
Road Construction
Eprocure
Opening Date30 May 2025
Closing Soon16 Jun 2025
Tender Amount₹ 3,72,50,000 

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Class Of Bidder
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Class-III and above State level Civil Contractors
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid Capacity: A X N X 2 – B ≥ Rs.372.50 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 (06 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 a Project Engineer with at least 5 years of experience and Site Engineers with at least 3 years of experience. The bidder should have experience in similar nature of work, including minimum quantities of works in multiple agreements completed in any one year during the last five years, with specified quantities for various items such as GSB, WMM, DBM/BM, BC/SDBC, and RCC/PCC. The value of similar projects should be more than Rs.186.25 Lakhs. Although no specific percentage of similar works completed is mentioned, the bidder should provide details of similar projects executed, including the name of the project, location, value of the project, and actual value of work done as per the final bill. However, one source mentions that the tenderers should have satisfactorily completed one similar work with a cost exceeding Rs.186.25 Lakhs under a single agreement, with a value not less than 50% of the value of this work in the preceding five years. The estimated value of the work put to tender is Rs.372.50 Lakhs. The bidder should also have a minimum annual turnover of Rs.558.75 Lakhs in any one of the immediately preceding five years.

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