Indian Oil Corporation Limited Tender

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Indian Oil Corporation Limited - IOCL Tender

Works
Civil And Construction
Energy, Oil and Gas
Building Construction
Eprocure
Opening Date31 Jan 2025
Closing Soon24 Feb 2025
Tender Amount₹ 2,11,12,896 

AI Insights

Technical
Financial
Class Of Bidder
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Class-I or Class-II.
Bid Capacity
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The bid capacity required in the given tender is specified in terms of similar works experience. The bidder should have experience of successfully completing works similar to the one being tendered, with a value equal to or more than the specified amounts. The formulas for calculating the bid capacity are as follows: - Three similar completed works each costing not less than Rs. 50.68 Lakh (including taxes and duties). - Two similar completed works each costing not less than Rs. 67.57 Lakh (including taxes and duties). - One similar completed work costing not less than Rs. 84.46 Lakh (including taxes and duties).
Technical Capacity
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The required prior work experience for the bidder includes successfully completing similar works, such as Supply, Installation, Testing, and Commissioning of Flow Meter with or without allied works. The experience can be demonstrated by completing: * Three similar completed works each costing not less than Rs. 50.68 Lakh (including taxes and duties) * Two similar completed works each costing not less than Rs. 67.57 Lakh (including taxes and duties) * One similar completed work costing not less than Rs. 84.46 Lakh (including taxes and duties) The value of completed work for evaluation shall be considered, and the entire executed value of the Work Order with respect to Supply and Installation shall be taken into account. For civil work, the bidder should have: - 1 Engineer with 3 Years of Experience for a value of 50-200 - 1 Engineer with 5 Years of Experience, 1 Engineer with 2 Years of Experience, and 1 Engineer with 1 Year of Experience for a value of 200-500 - 1 Engineer with 8 Years of Experience, 1 Engineer with 4 Years of Experience, and 1 Engineer with 2 Years of Experience for a value greater than 500 For mechanical works, the bidder should have: - 1 Engineer with 3 Years of Experience, 1 Engineer with 2 Years of Experience, and 1 Engineer with 1 Year of Experience for a value of 50-200 - 1 Engineer with 5 Years of Experience, 1 Engineer with 3 Years of Experience, and 1 Engineer with 2 Years of Experience for a value of 200-500 The percentage of similar works completed is not explicitly mentioned. The amount for qualification is not explicitly stated as a percentage, but the annual turnover during any of the preceding 3 financial years should be at least Rs. 101.35 Lakh.

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