Indian Institute Of Technology Tender

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Indian Institute Of Technology - IIT Tender

Works
Civil And Construction
Building Construction
Electrical and Electronics
Electrical Works
Eprocure
Opening Date24 Apr 2025
Closing Date16 May 2025
Tender Amount₹ 70,92,00,263 

AI Insights

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Financial
Work Experience Requirements
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The required prior work experience for the bidder is mentioned in the criteria for evaluation of performance of contractors for pre-eligibility, specifically in section (b) Experience in similar works. To be eligible, the bidder should have completed similar works with a value of at least the minimum eligibility criteria. The evaluation of experience in similar class of works is based on the following marks: - 60% marks for meeting the minimum eligibility criteria, - 100% marks for twice the minimum eligibility criteria or more, - Marks are awarded on a pro-rata basis for experience between the minimum and twice the minimum eligibility criteria, with a weightage of 20 marks. No specific monetary values are mentioned for similar works completed, including the minimum eligibility criteria.
Bid Capacity
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The formula for bid capacity is: Bidding Capacity = {[AxNx1.5]-B} The variables used in the formula are: - A: Updated value of turnover - N: Number of years - B: Not explicitly defined in the given context, but it seems to be a value that is subtracted from the product of AxNx1.5 to determine the bidding capacity.

Costs

Summary

Tender For Construction Of Kotak School Of Sustainability Including Finishing Works, Water Supply & Sanitary Installations, Electrical, Firefighting System

Description

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