Northern Coalfields Limited Tender

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Northern Coalfields Limited - NCL Tender

Works
Civil And Construction
Drainage Work
Eprocure
Opening Date27 Jan 2025
Closing Date13 Feb 2025
Tender Amount₹ 4,73,62,765 

AI Insights

Technical
Class Of Bidder
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Class-I and Class-II local suppliers are eligible to bid, and in the case of global tender enquiries, Non-local suppliers are also eligible.
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is represented by the formula: Average annual financial turnover ≥ 0.3 * Estimated Cost. The Average annual financial turnover is calculated by taking the average of the turnover of the last 3 years, adjusted for price level by adding 5% for each completed year after 31st March of that year. However, the exact estimated cost is not specified.
Technical Capacity
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The required prior work experience for the bidder can be fulfilled in the following ways: - Three similar completed works each costing not less than 40% of the estimated cost put to tender. - Two similar completed works each costing not less than 50% of the estimated cost put to tender. - One similar completed work costing not less than 80% of the estimated cost put to tender. The experience of incomplete/ongoing works will not be considered for evaluation. A simple weightage of 5% per year will be given to bring the cost of previous completed works to the current price level. In case of a Joint Venture, the experience of individual partners will be added together towards fulfillment of the qualification criteria related to experience, with the proportionate value of experience considered based on the actual share of the bidder in the joint venture firm. A Satisfactory Work Completion Certificate issued by the employer is required against the experience of similar work, containing information such as work order, BOQ, and TDS.

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