Gorakhpur Industrial Development Authority Tender

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Gorakhpur Industrial Development Authority Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date21 Apr 2025
Closing Date1 May 2025
Tender Amount₹ 6,65,23,561 

AI Insights

Technical
Financial
Additional Eligibility
Class Of Bidder
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The class eligibility requirement to bid or participate in this tender is Category A.
Bid Capacity
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Bidding Capacity = (A*N*M) - B, where A = Maximum value of civil engineering works executed in any one year during the last five years, N = Number of years prescribed for completion of the works for which bids are invited, M = 2.0, and B = Value of existing commitments and on-going works to be completed during the next 1.5 years.
Technical Capacity
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The bidder should have prior work experience in civil engineering construction, with a total value of work performed in the last five years. The experience shall be considered as per the specified criteria. Specifically, the bidder should have: - Average annual turnover - Experience in executing works of a similar nature - Executed a minimum quantity of work, including cement concrete and earthwork - Executed similar water supply/sanitary engineering works for a minimum amount The bidder should also have experience in construction work, with a total monetary value of construction work performed for each of the last five years. In terms of specific values and percentages, the bidder should have: - Proposed subcontracting of components of the works amounting to more than 10% of the bid price - Ability to invest a minimum of 25% of the contract value of work during implementation of the contract - Access to or availability of credit facilities (minimum 10% of estimated cost) The bidding capacity shall be worked out by a formula that takes into account the maximum value of civil engineering works executed in any one year during the last five years, updated to the current price level by enhancing the actual value at a rate of 10% per annum. The value of executed works shall be brought to current costing level by enhancing the actual value of work done at simple rate of 10% per annum. Note that specific values and percentages of similar works completed, such as the amount of cement concrete, earthwork, and water supply/sanitary engineering works, are not mentioned.

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Description

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