Uttar Pradesh State Industrial Development Authority Tender

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Uttar Pradesh State Industrial Development Authority - UPSIDA Tender

Works
Electrical and Electronics
Electrical Works
Eprocure
Opening Date22 Feb 2025
Closing Date11 Mar 2025
Tender Amount₹ 9,64,68,988 

AI Insights

Technical
Financial
Class Of Bidder
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A class approved license issued by the Directorate of Electrical Safety of Uttar Pradesh.
Bid Capacity
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The bid capacity required to bid on the tender is as follows: 1. Solvency: Rs. 4,55,33,362/- 2. Experience: At least one of the following - * 03 jobs of value >= Rs. 4,55,33,362/- * 02 jobs of value >= Rs. 6,83,00,044/- * 01 job of value >= Rs. 9,10,66,725/- 3. Turnover: Average annual turnover >= Rs. 3,41,50,021.78 over the last 3 financial years. The formulas for calculating the required bid capacity are: - 40% of the estimated cost: 0.4 * 11,38,33,405.93 = Rs. 4,55,33,362/- - 60% of the estimated cost: 0.6 * 11,38,33,405.93 = Rs. 6,83,00,044/- - 80% of the estimated cost: 0.8 * 11,38,33,405.93 = Rs. 9,10,66,725/- - 30% of the estimated cost: 0.3 * 11,38,33,405.93 = Rs. 3,41,50,021.78
Technical Capacity
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The required prior work experience for the bidder includes having successfully completed works with government departments or similar entities during the last 7 years for similar nature of works. The experience can be in the form of: - One work equal to a minimum of 80% of the bid value, with a value of Rs. 9,10,66,725/- - Two works equal to a minimum of 60% of the bid value, with a value of Rs. 6,83,00,044/- - Three works equal to a minimum of 40% of the bid value, with a value of Rs. 4,55,33,362/- Alternatively, the bidder should have completed at least one of the following: - At least 3 jobs each of similar nature of value not less than 40% of the estimated cost of work, with a value of Rs. 4,55,33,362/- - At least 2 jobs each of similar nature of value not less than 60% of the estimated cost of work, with a value of Rs. 6,83,00,044/- - At least 1 job of similar nature of value not less than 80% of the estimated cost of work, with a value of Rs. 9,10,66,725/- For works above Rs. 10 Lakh, the required experience is as follows: - One work equal to a minimum of 80% of the bid value completed in the last seven years. - Two works equal to a minimum of 60% of the bid value completed in the last seven years. - Three works equal to a minimum of 40% of the bid value completed in the last seven years. The bidder should attach a completion certificate issued by the client for the similar nature of works completed. The estimated cost of the work is Rs. 11,38,33,405.93, and the value of each similar job should be at least 40% of this amount.

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