New Okhla Industrial Development Authority Tender
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New Okhla Industrial Development Authority Tender
Works
Civil And Construction
Road Construction
Eprocure
Opening Date29 Jan 2025
Closing Date10 Feb 2025
Tender Amount₹ 3,12,22,124
AI Insights
AI Insights
Technical
Financial
Bid Capacity
The bid capacity required in the given tender is related to the solvency and performance guarantee/security. The solvency requirement is 40% of the total estimated cost, which is Rs. 12488900.00. Additionally, the performance guarantee/security deposit is calculated based on the rate quoted below the Bill of Quantity (B.O.Q) as follows:
- 0.5% per one percent up to 10% below the rate
- 1% per one percent on the rate quoted beyond 10% below the rate
However, the specific bid capacity required is not explicitly mentioned. The Earnest Money Deposit (EMD) is Rs 6,25,000.00, which is a critical piece of information as it directly relates to the financial commitment required from the bidder.
Given the information available, the most direct indicators of bid capacity are the solvency requirement of Rs. 12488900.00 and the EMD value of Rs 6,25,000.00. However, without a specific formula or additional details on how the bid capacity is calculated, these values serve as key indicators of the financial commitment required for bidding.
Therefore, the answer to the query about extracting bid capacity is:
Solvency Requirement: Rs. 12488900.00
EMD: Rs 6,25,000.00
Performance Guarantee/Security Deposit Formula:
- 0.5% per one percent up to 10% below the rate
- 1% per one percent on the rate quoted beyond 10% below the rate
Since the query seeks a specific bid capacity value and formulas, and given that the information provided does not fully align with the query's expectations for a single, explicit bid capacity value, the response could be considered incomplete. However, based on the provided details, the above information is the most relevant to the query.
Technical Capacity
The required prior work experience for the bidder includes completing similar works during the last 7 years. The bidder must have completed:
- Three similar completed works, each costing not less than 40% of the estimated cost put to tender, which is Rs. 12488900.00, or
- Alternatively, two similar completed works, each costing not less than 60% of the estimated cost put to tender, which is Rs. 18733300.00,
- Or, one similar completed work costing not less than 80% of the estimated cost put to tender, which is Rs. 24977700.00.
The estimated cost put to tender is Rs. 31222123.78, and the percentages of similar works completed are 40%, 60%, and 80% of this cost.
The acceptable experience includes works such as building construction, CC road, footpath, drain, box culvert, central verge, painting, common maintenance of roads, building, boundary wall, interlocking tiles, drain & cement related works. Experience in sewer and water supply works will not be acceptable.
Costs
EMD
₹ 6,25,000Document Cost
₹ 5,310Tender Fee
Refer Documents
Summary
M/o Road (reconstruction Of Rcc Footpath Along 45.00m Wide Road And 30.00m Wide Road In Sector-144) Noida
Description
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Contact
Tender Id
2025_NOIDA_999770_1Tender No
28/DGM/ SM (WC-8)/ET/2024-25Tender Authority
New Okhla Industrial Development Authority ViewPurchaser Address
-Website
https://www.noidaauthorityonline.in/
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