New Okhla Industrial Development Authority Tender
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New Okhla Industrial Development Authority Tender
Works
Excavation
Eprocure
Opening Date4 Feb 2025
Closing Date17 Feb 2025
Tender Amount₹ 10,33,78,510
AI Insights
AI Insights
Technical
Financial
Class Of Bidder
Class III and above.
Bid Capacity
The bid capacity required in the given tender has multiple components:
1. Solvency: Rs. 41351404.00
2. Experience:
- Option 1: Three works of Rs. 41351404.00 each
- Option 2: Two works of Rs. 62027106.00 each
- Option 3: One work of Rs. 82702808.00
3. Turnover: Average annual turnover of Rs. 31013553.00 over the last 3 financial years.
4. Earnest Money Deposit (EMD): Rs. 24.89 Lacs (Rupees Twenty Four Lacs Eighty Nine Thousand only).
Additionally, there's a requirement for an additional performance guarantee/security, which can be calculated using the following formulas:
- For up to 10% below the rate: 0.5% * (rate reduction percentage)
- For beyond 10% below the rate: 1% * (rate reduction percentage - 10%) + 5%
These formulas are related to the rate quoted by the contractor and the Bill of Quantity (B.O.Q).
Technical Capacity
The required prior work experience for the bidder includes completing works during the last 7 years. The bidder should have completed similar works, such as construction or development work of waterbody, handicraft building, or heritage building, including ornamental stone work.
The bidder should have completed:
- Three similar completed works each costing not less than 40% of the estimated cost, which is 41351404.00.
- Or, two similar completed works each costing not less than 60% of the estimated cost, which is 62027106.00.
- Or, one similar completed work costing not less than 80% of the estimated cost, which is 82702808.00.
These values represent 40%, 60%, and 80% of the estimated cost, respectively. The required experience includes working with Govt./Semi Govt./ PSU only.
Additionally, the experience required for the project team varies based on the cost of the work, with specific requirements for the Project Manager, Graduate Engineers, and Diploma Engineers.
The cost ranges for the required experience are:
- More than 1000 lac: Project Manager with 10 years of experience
- 500 to 1000 lac: Graduate Engineer with 5 years of experience
- 200 to 500 lac: Graduate Engineer with 5 years of experience
- 50 to 200 lac: Graduate Engineer with 2 years of experience
- 10 to 50 lac: Graduate Engineer or Diploma Engineer with no experience required.
Costs
EMD
₹ 24,89,000Document Cost
₹ 8,260Tender Fee
Refer Documents
Description
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Contact
Tender Id
2025_NOIDA_1001789_1Tender No
24/DGM/SM-WC-6/2024-25Tender Authority
New Okhla Industrial Development Authority ViewPurchaser Address
-Website
https://www.noidaauthorityonline.in/
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Result
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