Kumaon Mandal Vikas Nigam Limited Tender

View complete overview of Uttarakhand Kumaon Mandal Vikas Nigam Limited Tender

Kumaon Mandal Vikas Nigam Limited Tender

Services
Minerals and Mining
Eprocure
Opening Date29 Jan 2025
Closing Soon4 Feb 2025
Tender Amount₹ 4,56,72,552 
Notes
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Bid Capacity
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To determine the bid capacity required in the given tender, we need to analyze the provided information for any mention of bid capacity, financial requirements, or formulas that could indicate the necessary bid value or capacity. Upon examining the text, we find several sections that discuss financial and technical specifications. The bid capacity required in the given tender to bid is mentioned in terms of Earnest Money. The Earnest Money is 25% of the tender value, which is Rs. 30,00,000. The bid capacity required can be calculated as 25% of the Earnest Money. Since the Earnest Money is 25% of the tender value, the Earnest Money is 25% of Rs. 30,00,000, which is Rs. 7,50,000. Then, the bid capacity required is 25% of Rs. 7,50,000. The bid capacity required is 25% of Rs. 7,50,000, which is Rs. 1,87,500. Answer: Bid capacity required is Rs. 1,87,500, and the formula for calculating the bid capacity is: Bid Capacity = 25% of Earnest Money, where Earnest Money = 25% of tender value.
Technical Capacity
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The required prior work experience for the bidder is to have completed similar works. The value and percentage of similar works completed are mentioned as follows: - 25% of the tender value for similar works completed, with an amount of at least Rs. 30,00,000 (Rupees Thirty Lakhs). - A solvency certificate of at least Rs. 100,00,000 (Rupees One Crore) is required. - The bidder should have a minimum turnover, but the exact amount is not specified. - In some cases, the bidder should have completed similar works of at least 15% of the estimated cost of the work, with a value of at least 10 lakhs. - The bidder should have completed at least 50% of the similar works in the last 3 years. - A minimum turnover of 15% of the estimated cost of the work in the last 3 years is required. - The bidder should have experience of similar works, with a value of 50 ehVj (likely a unit of currency or measurement) in the last 3 years, and 100 ehVj in the last 5 years. - The bidder should have a minimum annual turnover of 10 ehVj in the last year. Additionally, an Earnest Money Deposit (EMD) of 1% of the estimated cost of the work is required, which should be at least 25% of the bidder's similar work experience value. The net worth should be sufficient to undertake the work, and the bidder should have a turnover of at least 3 times the estimated cost of the work in the last financial year.

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