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₹ 2,06,22,600 

AI Insights

Technical
Class Of Bidder
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Class III and above.
Bid Capacity
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25% of Earnest Money, with values :0 100-00 and :0 30]000-00, and also Bid Capacity = 25% of Earnest Money = 25% of 1% of Tender Value, where Tender Value is Rs. 30,00,000, resulting in Bid Capacity = 25% of Rs. 30,000 = Rs. 7,500.
Technical Capacity
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The required prior work experience for the bidder includes completion of similar works with specific values and percentages. The bidder should have completed similar works with a value of at least 25% of the estimated cost, and in some cases, the value is mentioned as 30,000 or Rs. 30,00,000 (Rupees Thirty Lakhs). The bidder should also have an average annual turnover of at least 100,000 or Rs. 1,00,000 (Rupees One Lakh) for the last three financial years. Additionally, the bidder should have completed at least 3 similar works in the last 5 years, with a value of at least 25% of the estimated cost. In some cases, the bidder should have completed at least one similar work of a value of at least Rs. 1,27,300 (Rupees One Lakh Twenty-Seven Thousand Three Hundred) or 50% of the estimated cost of the work. The bidder should also have a solvency certificate with a net worth of at least 100,000 or Rs. 1,00,000 (Rupees One Lakh), and should have completed at least one similar work of a value of at least Rs. 30,00,000 (Rupees Thirty Lakhs) in the last three financial years. In some cases, the bidder should have completed similar works of at least 5-00 gS0 (likely a currency value) in the last 3 years, and the works should be at least 5-00 gS0 or more in a single project. The bidder's net worth should be at least 3 times the amount of the earnest money deposit (EMD). The percentage of similar works completed is mentioned as 25% of the estimated cost, and in some cases, it is mentioned as 15% of the total work completed. The bidder should have completed at least 100 ehVj (amount not specified) of similar works in the last 3 years, with a minimum of 15% of the total work completed. The bidder's experience will be evaluated based on the volume (weight) and value of the works completed. The earnest money deposit (EMD) is 25% of the estimated cost of the work, which is Rs. 30,00,000 (Rupees Thirty Lakhs) in some cases.

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