Indian Institute Of Technology Tender

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Indian Institute Of Technology - IIT Tender

Services
Software and IT Solutions
GEM
Opening Date27 Jan 2025
Closing Date14 Feb 2025
Tender AmountRefer Documents 
Notes
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Bid Capacity
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The bid capacity required in the given tender involves specific financial and experiential criteria. The key requirements are: - Minimum Average Annual Turnover: 1576 Lakh (or 1.576 Crore INR), calculated as the average of the annual turnover for the last 3 years. - Years of Past Experience: 3 years of experience in providing similar services, though exemptions apply for Micro and Small Enterprises (MSEs) and startups under certain conditions. While there isn't a traditional mathematical formula provided, the criteria for minimum average annual turnover can be considered a formula: (Total turnover for 3 years) / 3 = 1576 Lakh. Therefore, the bid capacity required includes a specific value for minimum average annual turnover and a requirement for years of past experience, with exemptions for certain entities.
Technical Capacity
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The required prior work experience for the bidder is 3 years for the same or similar service. However, the exact number of years is also mentioned to be as indicated in the bid document, with experience as of the ending month of March prior to the bid opening. The value and percentage of similar works completed are not mentioned. But the minimum average annual turnover of the bidder is mentioned as 1576 Lakh for 3 years. Additionally, Micro or Small Enterprises and Startups are exempted from the "Experience Criteria" and "Bidder Turnover" criteria if they meet the quality and technical specifications.

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