Gorakhpur Industrial Development Authority Tender

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Gorakhpur Industrial Development Authority Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date26 May 2025
Closing Soon2 Jun 2025
Tender Amount₹ 4,37,31,853 

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Technical
Financial
Bid Capacity
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The formula for bid capacity is: Assessed Available Bid capacity = ( A*N*M - B ) Where A = Maximum value of civil engineering works executed in any one year during the last five years (updated to the price level of the last year at the rate of 8 percent a year) N = Number of years prescribed for completion of the works for which bids are invited (period up to 6 months to be taken as half-year and more than 6 months as one year). M = 2.5 B = Value, at the current price level, of existing commitments and on-going works to be completed during the period of completion of the works for which bids are invited.
Technical Capacity
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The required prior work experience for the bidder includes experience as a prime contractor on construction works of a similar nature and volume over the last five years. The bidder should have a total annual volume of civil engineering constructions work executed and payments received in the last five years preceding the year in which bids are invited. For technical personnel, the required experience is as follows: - A. Degree Holder in Civil Engineering: Minimum 20 years of experience, with 5 years of experience in handling large road work projects. - B. Degree Holder in Civil Engineering: Minimum 5 years of experience. - C. Diploma holder in Civil Engineering: Minimum 2 years of experience. - D. Diploma holder in Mechanical Engineering: Minimum 2 years of experience in maintenance of plant and machinery. - E. Surveyor: Minimum 2 years of experience. The bidder should have satisfactorily completed, as prime Contractor, at least one similar work equal in value to one-third of the estimated cost of work for which the bid is invited. The bidder should have achieved a minimum financial turnover of at least the amount equal to the estimated cost of works for which bid has been invited. The value of similar works completed is not explicitly mentioned, but the bidder should have experience in road works with a value of up to Rs. 2 Crore or more than Rs. 2 Crore. The percentage of similar works completed is not mentioned. However, the bidder should have a minimum of 10% of the contract value as liquid assets and/or credit facilities. The subcontracting of components of the works for construction/upgradation should not exceed 25% of the contract price. The bidder's available bid capacity for construction work is calculated based on the maximum value of civil engineering works executed in any one year during the last five years. The bidder should have a minimum financial turnover (in all cases of civil engineering construction works only) volume of construction work of at least the amount equal to the estimated cost of works for which bid has been invited, with an indexation of 8 percent for a year.

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