Yamuna Expressway Industrial Development Authority Tender

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Yamuna Expressway Industrial Development Authority - YEIDA Tender

Works
Electrical and Electronics
Electrical Works
Eprocure
Opening Date6 Feb 2025
Closing Soon28 Feb 2025
Tender Amount₹ 3,67,18,751 

AI Insights

Technical
Financial
Class Of Bidder
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The required class eligibility for the bidder is 'A' Class Approved Electrical Licence.
Bid Capacity
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The bid capacity required in the given tender to bid having value and formulas is as follows: - For works more than Rs.10.00 Lacs & Upto Rs.15.00 Lacs: 12% of the bid value - For works more than Rs.15.00 Lacs & Upto Rs.100.00 Lacs: 2.00 Times bid value or 40% of the bid value - For works more than Rs.100.00 Lacs & Upto Rs.500.00 Lacs: 2.00 Times bid value or 40% of the bid value - For works Rs.500.00 Lacs and above: 2.00 Times bid value or 40% of the bid value Additionally, the formulas for calculating the bid capacity are: 1. Cumulative financial turnover = 1.5 x Bid Value (for works between Rs. 15.00 Lacs and Rs. 100.00 Lacs) 2. Cumulative financial turnover = 1.5 x Bid Value (for works between Rs. 100.00 Lacs and Rs. 500.00 Lacs) 3. Cumulative financial turnover = 2 x Bid Value (for works of Rs. 500.00 Lacs and above) 4. Liquid assets = 10% of Bid Value or 40% of Bid Value (for works between Rs. 15.00 Lacs and Rs. 100.00 Lacs) 5. Liquid assets = 12% of Bid Value or 40% of Bid Value (for works between Rs. 100.00 Lacs and Rs. 500.00 Lacs) 6. Liquid assets = 12% of Bid Value or 40% of Bid Value (for works of Rs. 500.00 Lacs and above)
Technical Capacity
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The required prior work experience for the bidder varies. For works more than 15.00 Lacs, at least four financial years with two jobs equal to the bid value are required. For works more than 100.00 Lacs, at least four financial years with two jobs equal to the bid value or one work equal to 75% of the bid value are required. For works Rs.2000.00 Lacs and above, at least four financial years with three works each equal to 40% of the bid value or two works each equal to 60% of the bid value or one work equal to 80% of the bid value are required. Additionally, another source mentions a minimum of five years of prior work experience, but does not specify the value and percentage of similar works completed. However, it does mention a 5-year guarantee for the work done.

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